AG Sdn Bhd is an upcoming unit trust company led by Mr. Boo. This type of business relies heavily on the number of clients they obtain. This strategy will ensure their long-term business sustainability. Boo urges his staff to seek and gather clients and at the same time to aggressively promote their unit trust funds. Being a single man, he works tirelessly day and night and expects his staff to do the same. His employees consist mainly of school leavers who are mostly from the Baby Boomers or Generation Y categories. Hence, marketing methods are all set by Boo himself and all the agents are to follow the step-by- step process. Required: Guided by McGregor's Theory X and Theory Y, evaluate Boo's managerial style.
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- Hit-n-Run Inc. owns and operates 10 food trucks (mobile kitchens) throughout metropolitan LosAngeles. Each food truck has a different food theme, such as Irish-Mexican fusion, traditionalMexican street food, Ethiopian cuisine, and Lebanese-Italian fusion. The company was foundedthree years ago by Juanita O’Brien when she opened a single food truck with a unique menu.As her business has grown, she has become concerned about her ability to manage and control the business. O’Brien describes how the company was built, its key success factors, andits recent growth.“I built the company from the ground up. In the beginning it was just me. I drove the truck, set the menu, bought the ingredients, prepared the meals, served the meals, cleaned the kitchen, and maintained the equipment. I made unique mealsfrom quality ingredients, and didn’t serve anything that wasn’t perfect. I changed my location daily and notified customersof my location via Twitter.As my customer base grew, I hired employees…This section contains questions regarding the 2nd part of the Unit 1 with the following topics: 1. Financial Planning2. Savings and budgeting3. Investing 1.Mutual Fund is when an investor directly acquires a claim on a security or property True False 2. The "Rule of 75" is used to determine the number of yearss needed to double the value of your money * True FalseThe state firefighters’ association has a membership of 15,000. The purpose of the organization is to provide some financial support to the families of deceased member firefighters and to organize a conference each year bringing together firefighters from all over the state. Annually, members are billed dues and calls. “Calls” are additional funds required to take care of payments made to the families of deceased members. The bookkeeping work for the association is handled by the elected treasurer, Bob Smith, although it is widely known that his wife, Laura, does all of the work. Bob runs unopposed each year at the election, since no one wants to take over the tedious and time consuming job of tracking memberships. Bob is paid a stipend of $8000 per year, but his wife spends well over 20 hours per week on the job. The organization, however, is not happy with their performance. A computer system is used to track the billing and receipt of funds. This system was developed in 1984 by a…
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- According to a story in the Huffington Post, flight attendants on airlines often complain about the way passengers behave (for example, flight attendants often have to repeat important announcements because passengers are wearing headphones). But flight attendants also often act in ways that reduce the profits of the airlines they work for. The story gives these two examples: Flight attendants often serve decaf coffee even to passengers who ask for regular coffee. Flight attendants serve decaf because they want passengers to sit back, relax and fall asleep so they don’t bother the flight attendants too much. However, decaf coffee costs airlines more than regular coffee do. If a flight is late, the airlines might have to pay flight attendants overtime (which generally is double the hourly pay). Flight attendants will often find or make up some minor problem that wouldn’t really affect the flight but which nonetheless delays takeoff, thus ensuring that a flight will be late and that…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 25 ton of material 1 and 35 of material 3. A ton of solvent base is a mixture of 12 ton of material 1, 15 ton of material 2, and 310 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…Meghan is a single-mother supporting her three children and is trying hard to make ends meet. Meghan works full-time in the day as a manager at Harvey's, a local department store. She is also a part-time sales representative at Total Body Gym three evenings a week. Total Body Gym has a new promotion for its employees where they will offer sales representatives a $100 spa gift card for each week they enroll six or more new members. It is quite uncommon for full-time gym sales representatives to enroll more than three new members a week. Will Total Body Gym's new promotion motivate Meghan to enroll new members? Why or why not? Make sure to select and define the appropriate process theory of motivation as part of your response.