Answer to Question 1:
Option 3 would be TRUE in this case.
Explanation:
According to Abraham Maslow's hierarchy of needs, <u>Self Esteem Needs</u> are directly below the cadre of <u>Self-Actualization Needs</u>. According to this Abraham Maslows theory, one can only think and appreciate offers relating to Self-Actualization such as training if their self- esteem needs are met.
This makes good sense. If Mike and Bob are narcissistic bosses always treating their workers like garbage then sending them off to training as a way to reward their "hard work", that would be very counterproductive.
Please see the attached diagram for a synopsis of Abraham Maslows Hierarchy of Needs.
Answer to Question 2:
The correct option here is 3)
Explanation.
This next question is based on the <em>Expectancy Theory</em> which states that people will always act in a certain way because of the outcome they expect from that behavior.
One way to keep Marco motivated would be to reimburse his tuition as he seeks a Masters Degree in Fitness Management only on the condition that his increased skill and learning in that field are equally beneficial to the company. If it is beneficial to the company, then it means that increasing his ability to solve such problems will also translate to an increase in MBSC's bottom line. If he is helping the company attain its strategic goals then he ought to be rewarded as well. As this kind of cycle continues, the company grows, employees like Mike will grow and everyone is happy, all other things being equal.
Answer to Question 3
The correct choices are:
1, 3 and 4.
Explanation:
- Meetings, if constructively planned can be used to resolve misperceptions relating to equity. This can be very demotivating where an employee feels undervalued in relation to others;
- Meetings can be used to re-evaluate performance and how one has performed in relation to those goals. Challenges to performance and solutions to the same can be discussed. In many cases, the goals only need to be made more specific to ignite performance.
- Meetings are also good avenues to constructively address undesirable behaviors.
Cheers!
Answer:
selling the defective gloves as they are results in a $3,000 higher gain
Explanation:
the manufacturing costs of the defective gloves should be considered a sunk cost since they cannot be recovered:
alternative 1, sell defective gloves = $18 x 1,000 = $18,000 gain
alternative 2, repair the gloves and sell them at normal price = ($40 - $25) x 1,000 = $15,000 gain
alternative 1 (selling the defective gloves as they are) results in a $3,000 higher gain
Answer:
1. $3.20 x 2.20 = $7.04
2. It will be favorable.
3. It will be unfavorable.
4. Direct material price variance = $22
Direct material quantity variance = 0.48
Explanation:
1. Standard direct cost per unit=cost of direct materials price x direct material standard quantity per unit.
2. It will be favorable because they expected or had budgeted to pay $3.60 per foot for the material but the actual cost became $3.20. So they pay $0.40 less than they had expected to pay.
3. It will be unfavorable because they had planed or budgeted for each unit to use 2.05 feet of leather but they ended up needing 2.20 feet of leather per collar so that means they under budgeted by 0.15 feet.
4. Direct material price variance =( $3.60 x 55) less ($3.20x55)=$22
The total amount that was budgeted or expected to be paid is subtracted from the total actual price that was paid.
Direct material quantity variance = (2.05x$3.20) less (2.20x$3.20)= -0.48
The total direct material quantity that is used is subtracted from the quantity that was expected to be used.
Answer:
The below solution will guide your believe of what should be appropriate qualitative assumptions for inherent risk.
Explanation:
Answer: The answer is D $300 computer, $240 oven
Explanation:
According to IRS tables on the calculation of depreciation on computer and oven, it is estimated that an asset such as computer will have a depreciation useful life of 5 years
Therefore since computer cost and printer = $1,500, useful life = 5 year
Cost ÷ useful life
= 1,500 ÷ 5
= $300
For oven since the cost =$1,200, useful life = 5years
Cost ÷ useful life
= 1,200 ÷ 5
= $240