Problems Chapter 7 1. A population of 1‚000 students spends an average of $10.50 a day on dinner. The standard deviation of the expenditure is $3. A simple random sample of 64 students is taken. a. What are the expected value‚ standard deviation‚ and shape of the sampling distribution of the sample mean? b. What is the probability that these 64 students will spend a combined total of more than $715.21? c. What is the probability that these 64 students will spend a combined
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Question 1 Cash Budget Higlow Manufacture Ltd | Financial Budgets - 2010 | Budgeted Cash Flow Statements | October | Beginning Cash Balance | $62‚000.00 | Receipts: | | Estimated cash sales: | | October ($1248‚961 × 58%) | 724‚397.38 | September ($1‚300‚000 × 40%) | 520‚000.00 | Total estimated cash sales | $1‚306‚397.38 | Payments: | | Estimated cash payments: | | Direct Material (75‚467 ×$4) | 301‚868.00 | Direct Labor (22‚489 × $14) |
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of a good manager? By Carolien Toor Introduction Over the years I have worked in many various businesses; large as well as small‚ from stressful to peaceful environments and during good times as well as bad times. What I learned‚ through my experience from the various firms I worked for was the role the manager had in the workplace and how it affected me as an employee. When set this task I started to reflect how my past managers acted and how they got me motivated. Some managers succeeded
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Why do Managers Plan 1 Why do Managers Plan? Management 301 Distance Learning December
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Ethnocentrism‚ Class Discrimination‚ and the Historical Shortcomings of America’s War on Drugs Ethnocentrism‚ Class Discrimination‚ and the Historical Shortcomings of America’s War on Drugs In the mid to late 20th Century‚ the United States experienced several states of Cultural Revolution. The Civil Rights Movement‚ the Women ’s Movement‚ the anti-War Movement‚ and the increasing presence of a widespread‚ politically active and highly vocalized youth counterculture which led the United
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The Role of Finance Manager The role of finance manager in the company is an important one. The function of the finance manager is not confined to the management and making of the accounts but it also plays a major role in dividend decisions‚ capital budgeting decisions‚ capital structure outlay of the firm‚ decision related to the merger and acquisitions‚ and all the investment decisions of the firm. Thus the finance manager plays an important role in any business enterprise. The different
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Why good managers are important? A manager is a person who are responsible for administering and controlling part of or whole company or identical organization. It is not an easy job to manage a company. There are a lot of complexity associated with administering a company in a healthy manner. Some people might think that the six most viral qualities are to be flexibility‚ problem solving skills‚ imagination‚ be strong interpersonal skills‚ high level of energy‚ as well as obviously the eagerness
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top managers are important persons to lead the company as a whole like Chief Executive Officers. A large amount of managerial researches has suggested that a firm’s top manager is the fundamental variable in determining whether the firm would succeed or fail (Torres‚ Harrison and Kukalis‚ 1988; Koene‚ Soeters Vogelaar and 2002). There are also many findings on the duties of being the top of the management hierarchy O’Toole‚ Galbraith and Lawler (2002) suggests that abilities of top managers include
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Autocratic Manager William Neely Dr. Strong Principles of Management BUSI-310-D08 Liberty University Online July 1‚ 2013 Discussion Board Thread Re: Autocratic Manager Definition: “Organizational Management and Leadership” defines autocratic manager as one who makes a decision and then informs the group about the decision. Anita Satterlee (2013). Organizational Management and Leadership. Ch. 1‚ Pg. 4. Synergistics International Inc. Summary: Olivier Mesly is a professor of marketing
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Introduction In this report I plan to explain “what makes managers effective with people in the workplace today.” During my report I am going to explore the different behaviors and skills that make an effective manager. I am going to research what I believe makes a manager effective in the work place and then plan how I could improve myself as a manager by addressing my current strengths and weaknesses. I am going to set my report out in three sections: What are the main challenges facing
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