1. Why is finance function very important in any business firm? Site some effects of a company having a bad finance management and discuss some significance of a company having a good finance function.
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- 1. Describe the nature and causes of the employee health insurance cost problemin this case.2. What information should the employee health benefits committee gather beforemaking any recommendations? Why?DeCarlo came away from the conference with a greater appreciation of the complexityof the problem of increasing employee health insurance costs and a greaterdetermination to do something about it. However, he wasn’t sure about his next steps.He viewed his company as a “preferred employer” because it had always paid abovethe market wage rates and its benefits were always more liberal than those of otherU.S. companies and particularly those of foreign competitors. DeCarlo did not want todo anything to jeopardize his company’s advantage in attracting and retaining highquality personnel. At the same time, he realized that if no changes were made, hishealth insurance premiums may be greater than his total projected company earningsby the year 2016.Quality Auto Parts’ present health insurance…I need help with everything 1. RMC, Inc., is a small firm that produces a variety of chemical products. In a particular production process, three raw materials are blended (mixed together) to produce two products: a fuel additive and a solvent base. Each ton of fuel additive is a mixture of 2/5 ton of material 1 and 3/5 of material 3. A ton of solvent base is a mixture of 1/2 ton of material 1, 1/5 ton of material 2, and 3/10 ton of material 3. After deducting relevant costs, the profit contribution is $40 for every ton of fuel additive produced and $30 for every ton of solvent base produced. RMC’s production is constrained by a limited availability of the three raw materials. For the current production period, RMC has available the following quantities of each raw material: Raw Material Amount Available for Production Material 1 20 tons Material 2 5 tons Material 3…Project management techniques1 pageAPA2 SOURCES5HRS Hello. I need some assistance with IT. Check the followingDeliverable Length: 3–5 paragraphs; 3–5 sentencesDetails:In 3–5 paragraphs, complete the following:Describe the following project management techniques for controlling project resources and finance:◦Resource leveling◦Fast-tracking◦CrashingUnder what circumstance would you apply each approach?Conduct a survey of qualitative and quantitative approaches of controlling and forecasting project financial performance.Demonstrate your understanding with appropriate examples.(Hint: Quantitative examples: statistical, simulation, earned value analysis, and ad hoc ……………………… Added to cart
- Please answer these questions: 1. A brief summary of the article. 2. How well is the engineering managment problem addressed in the paper defined? What was the source of data that the author to investigate the problem? Contingency theory argues that there is no universal set of strategies applicable to allbusinesses (Ginsberg & Venkatraman, 1985; Lawrence & Lorsch, 1967). Indeed, this theoryconsiders organization as an open system which internal and external environment playimportant role in its strategies (Hoffer, 1975; Schoonhoven, 1981). The traditional contingencyresearch frameworks concentrate on the effect of internal and external environment factors(contingency variables) on the association between independent and dependent variables (Sousa& Voss, 2008). This effect is operationalized as the effect of interaction between contingencyand independent variables on dependent variable. A positive interaction effect implies to thepositive role of contingency variable…1.Which of the following statements is incorrect about risk and risk management? a.Risk can be classified as either an opportunity or a threat. b.A risk management system can only be as good as the people manning it. c.Risk management should be performed by management accountants only. d.The risk management philosophy must be embedded in the company’s structure and culture. 2.Which of the following is not considered as a key to a successful strategic risk management? a.Top management support b.Covering all known risks in the existing risk management activities c.Updating and educating the board and top management d.Leverage existing resources 3.Which of the following is not considered as a limitation of strategic risk management? a.It requires specialized skills and capabilities in strategy and risk management b.It requires working beyond the silos in risk management c.It requires updating and educating the board and top management d. Strategy, risk assessment, and risk management…48. During the current situation of corona, people need savings to meet their emergency needs. This is an example of ____________ a. Strategic planning b. None of the options given c. Operational planning d. Contingency planning 49. The power which involve the ability to either reward or punish persons being influenced, in order to gain compliance is termed as___________. a. Expert and informational power b. Reward and coercive power c. Referent power d. Legitimate power
- Creative Homework/Short Project As a marketing student, you know that large firms often organize theiroperations into a number of strategic business units(SBUs). A university might develop a similar structure inwhich different academic schools or departments areseen as separate businesses. Consider how your university or college might divide its total academic unitsinto separate SBUs. What would be the problems withimplementing such a plan? What would be the advantages and disadvantages for students and for faculty?Be prepared to share your analysis of university SBUs toyour class21 - Which of the following is not a reason for managers to plan? a) Performing SWOT analysis B) Reducing conflicts and wasteful activities NS) Coordinated efforts D) reduce uncertainty TO) Establishing standards for tools used to audit work1. How well the engineering managment problem addressed in the paper defined? 2. What was the source of data that the autohor used to investigate the problem? 3. Were the data analysed in a logical and scientifically sound manner? Contingency theory argues that there is no universal set of strategies applicable to all businesses (Ginsberg & Venkatraman, 1985; Lawrence & Lorsch, 1967). Indeed, this theory considers organization as an open system which 7internal and external environment play important role in its strategies (Hoffer, 1975; Schoonhoven, 1981). Traditional contingency research frameworks concentrate on the effect of internal and external environment factors (contingency variables) on the association between independent and dependent variables (Sousa & Voss, 2008). This effect is operationalized as the effect of interaction between contingency and independent variables on dependent variables. A positive interaction effect implies the positive role of the…
- Managerial Accounting Contrastedto Financial AccountingManagerial accounting supports the internal planning (future-oriented) decisionsmade by management. Financial accounting has more of a scorekeeping, historicalorientation, although data produced by the financial accounting process form some ofthe foundation on which plans are based. Planning is a key part of the managementLO 1Explain the management planning andcontrol cycle.1. What does it mean to state that there are different costs for different purposes? QWhat DoesIt Mean?A n s w e r o np a g e 4 8 6mar2529X_ch12_458-503.indd 459 26/11/12 2:05 PM460 Part 2 Managerial Accountingprocess; and although there are many descriptions of that process, a generally acceptable definition would include reference to the process of planning, organizing,and controlling an entity’s activities so that the organization can achieve its desiredoutcomes. A general model of the process looks like this:Implement PlansDecision Making Decision…Questions 1. Was Joseph right in expecting Henry to check the work of his department? Why? 2. How did the situation between Joseph and Henry develop? 3. What could Praveen have done to prevent or correct this situation? 4. How do you think Praveen would handle the problem now? 5. What kind of human relations approach should Praveen take to rectify and prevent such problemsPlease provide the solutions and the correct answers. thank you! 1. The following were reflected from the records of War Freak Company:Earnings before interest and taxes = P1,250,000Interest expense = 250,000Preferred dividends = 200,000Payout ratio = 40 percentShares outstanding throughout 2013:Preferred = 20,000Common = 25,000Income tax rate = 40 percentPrice earnings ratio = 5 times The dividend yield ratio isa. 0.50b. 0.40c. 0.12d. 0.08 2. The Delta Company projects the following for the upcoming year:Earnings before interest and taxes = P40 millionInterest expense = P 5 millionPreferred stock dividends = P 4 millionCommon stock dividend payout ratio = 20%Average number of common shares outstanding = 2 millionEffective corporate income tax rate = 40% The expected dividend per share of common stock isa. P1.70b. P1.86c. P2.10d. P1.00 3. Following are selected data taken from the records of Jemson Company:Income before tax = P200,000Income tax rate = 40%Dividend payout ratio =…
