CHAPTER 5: MANAGEMENT FUNCTIONS (M) 1. Which one of the following is not one of the three steps of controlling? A. Monitoring B. Evaluating * C. Authorizing D. Correcting (E) 2. According to Douglas McGregor‚ team members that require supervision‚ direction and threat of punishment for non-compliance are called _____ employees. * A. Theory X B. Theory Y C. Theory Z D. Non-compliant (E) 3. William Ouchi’s approach that managers in Japanese companies have a better relationship
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America’s core values are based on the ideas of liberty‚ equality and democracy. It is these ideas that are reflected upon the Bill of Rights‚ Declaration of Independence‚ and the Constitution. Liberty gives the people freedom from the government control and economic freedom. Democracy is what the majority of the people agrees on those who will run the government. However‚ these ideas always seem to conflict with each other so the American Political System does not always uphold the American values. Liberty
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End-of-Chapter Question Solutions 1 ____________________________________________________________ ________________________________ CHAPTER 5: FOREIGN CURRENCY DERIVATIVES 1. Options versus Futures. Explain the difference between foreign currency options and futures and when either might be most appropriately used. An option is a contract giving the buyer the right but not the obligation to buy or sell a given amount of foreign exchange at a fixed price for a specified time period. A future
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Everything has a clearly designated name & place 30-second retrieval and storage Filing standards and control Zoning and placement marks Eliminate covers and locks First in‚ first out arrangement Neat notice boards (also remove obsolete notices) Easy-to-read notices (including zoning) Straight-line and right angle layout Functional placement for materials‚ parts‚ tools etc Typical Activities Location Action by 3. Seiso - Cleaning Cleaning as inspection and degree of cleanliness: 3. Seiso - Cleaning
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Variance = difference between actual hours worked and standard hours allowed per hour x standard cost = (1150 hr - 900 hr) x $14/hr = 250 hr x $14/hr Labor Efficiency Variance = $3‚500 Would you recommend that this policy be continued? Explain. I would not recommend this policy being continued. Valley View hospital does save in the labor rate variance resulting in $2‚300. However‚ with the assistants‚ the job is probably not being done effectively. It would require more hours to complete the
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John Moore AP world history Chapter 5:The classical period; directions‚diversions and decline by 500 C.E. Thesis: Picture: A picture of a painting of Christ with his head surrounded by a halo. Timeline: 1000B.C. 1000 Polynesians reach Fiji‚ Samoa 1000 independent kingdom of Kush
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Vision and Values: Vision: The vision and value of Whole Foods comes from their Declaration of Interdependence “Our motto — Whole Foods‚ Whole People‚ Whole Planet — emphasizes that our vision reaches far beyond just being a food retailer. Our success in fulfilling our vision is measured by customer satisfaction‚ team member happiness and excellence‚ return on capital investment‚ improvement in the state of the environment and local and larger community support”(History‚ 2008). Values: “Providing
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Coat of Arms As a team‚ we collaboratively decided on five core qualities of a nurse. The five qualities of a nurse are knowledge‚ patience‚ compassion and empathy. Knowledge is represented by a book as a root of a growing tree. The book represents the unlimited resources and desires to learn and grow to become a proficient nurse. Like the branches on the trees‚ the knowledge that the nurse gains are evolving and dynamic. Compassion is represented by an image of two conjoined hands forming a heart
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Workplace Organisation 5 S’s WHAT IS 5S? • Developed by the Japanese • Workplace Organisation and Housekeeping System • Helps Create a Better Working Environment and a Consistently High Quality Process THE 5S PRINCIPLES • SEIRI – Organisation • SEITON – Orderliness • SEISO – The Act of Cleaning • SEIKETSU – The State of Cleanliness • SHITSUKE - The Practice of Discipline WHY DO IT? QUALITY EFFICIENCY 5S SAFETY ELIMINATING BREAKDOWNS EFFICIENCY • Time is wasted looking for tools‚ equipment
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Chapter 5-Case Incident 1: Finding People Who Are Passionate About What They Do 1. Identify some of the established recruiting techniques that apparently underlie Trilogy’s approach to attracting talent. Trilogy utilizes college recruiting as often as possible. They also frequent job fairs and computer science departments at colleges to look for possible recruits. They do not mind spending money to obtain a prospective employee. They fly employees in for a three-day visit‚ and encourage them
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