Which of the following is true concerning the planning-performance relationship?OA. In studies where formal planning didn't lead to higher performance, poor leadership was the culprit.OB. Generally speaking, formal planning is associated with positive financial results.OC. The external environment seldom impacts the effectiveness of planning.D. The amount of planning that is done is highly positively correlated with high performance.OE. Formal planning is seldom associated with higher profits.

Managers- A manager is someone who oversees a specific area of a business, or "manages" the firm.…

Answered: Which of the following is true…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Answer only Statement I: If more jobs are available than the number of workers in the market, there is no needto pay more.Statement II: The average compensation will most likely go down if there is an oversupply situation.a. Statement I is correct. Statement II is incorrect.b. Statement I is incorrect. Statement II is correct.c. Both statements are correct.d. Both statements are incorrect. Statement I: Overhead costs can affect labor pay.Statement II: If a company's expense is high, workers cannot ask for a pay raise.a. Statement I is correct. Statement II is incorrect.b. Statement I is incorrect. Statement II is correct.c. Both statements are correct.d. Both statements are incorrect Statement I: If the range of the benchmark pay survey is correct, then pay levels are createdsuccessfully.Statement II: Plotting the actual pay for people in the organization must be done before setting thepay levels.a. Statement I is correct. Statement II is incorrect.b. Statement I is incorrect.…
34. Statement I: In organizing we establish the objectives and all other functions are performed to achieve the objectives set by the planning process. Statement II: In this changing dynamic environment where social and economic conditions alter rapidly, planning helps the manager to cope up with and prepare for changing environment a. Statement 2 is true, but statement 1 is false b. Statement 1 is true, but statement 2 is false c. Statement 1 and 2 are false d. Neither statement 1 and 2 are false
Typical problems with IT cost estimates include: Estimates are done quickly, and people lack estimating experience. Human beings are biased towards overestimation. Top Management does not care about accuracy. All of the above.
Which of the following is NOT a factor in an individual behavior? A. The values and character of the President of the ABC Company B. The beliefs, values and behavior of Finance Division C. The competition within an organization D. The submission of financial reports 2. In an investment, what do you call under diversification, holding onto losers, chasing winners, buying stocks that catch their attention, systematically ignoring important information, paying too little attention to fees and trading too much? A. Errors B. Biases C. Misinformation D. Basic trade
Why is a campaign manager important to a wellorganized campaign?a. to help ensure the candidate’s compliance withcampaign finance lawsb. to assist the candidate in responding to reporters’questionsc. to tell the candidate how he or she is viewed by votersd. to feed the candidate the information needed to keepup with eventse. to keep the candidate from getting bogged down inorganizational details
Required: a. Prepare a multiple-step income statement for the year ended December 31, 20Y5, concluding with earnings per share. In computing earnings per share, assume that the average number of common shares outstanding was 100,000 and preferred dividends were $100,000. Be sure to complete the statement heading. Refer to the account names in the instructions and the lists of Labels and Amount Descriptions for the exact wording of text entries. “Less” or “ Add will automatically appear if it is required. Enter amounts as positive numbers unless the amount is a calculation that results in a negative amount. For example: Net loss should be negative. Expenses should be positive. (Round earnings per share to the nearest cent.) b. Prepare a retained earnings statement for the year ended December 31, 20Y5. Be sure to complete the statement heading. Refer to the account names in the instructions and the lists of Labels and Amount Descriptions for the exact wording of text entries. If…
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Please do not give solution in image formate thanku Appendix1A provides guidance for becoming a better critical thinker. A recent Forbes poll of business leaders found that the most important skill business leaders are seeking in their employees is critical thinking. As you study the appendix, why do you think this skill of critical thinking is so valuable to business managers? 2. This chapter distinguishes between private and public law. Why are the interests of the public identified with the behavior of the government? Why would public law not be a term referring to the interests of corporations, for example? 3. What is the need for a special area of law for administrative agencies? Why would the law as it applies to businesses apply not just as well to administrative agencies? 4. Choose an area of law that fascinates you. Spend some time on the Internet searching for differences between how the United States and other countries respond to conflicts among people within that area of…
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An HR director is outsourcing recruiting efforts to a staffing organization and is charged with implementing the staffing organization project/initiative. The original plan had been to eliminate in-house staffing personnel, but, at the hiring managers' request, the HR director has decided to maintain a small in-house team of corporate recruiters who will work with the staffing organization. This will provide continuity for the hiring managers in the organization. The HR director must facilitate the integration of the staffing organization team with full-time personnel from the organization. The staffing organization team will consist of recruiters, sourcing professionals, and administrative assistants led by a staffing organization manager.The staffing organization recruiters manage the intake of open positions from the hiring managers. The in-house corporate recruiters assess open positions for fulfillment. The corporate recruiters often bypass the staffing organization manager to…
An HR director is outsourcing recruiting efforts to a staffing organization and is charged with implementing the staffing organization project/initiative. The original plan had been to eliminate in-house staffing personnel, but, at the hiring managers' request, the HR director has decided to maintain a small in-house team of corporate recruiters who will work with the staffing organization. This will provide continuity for the hiring managers in the organization. The HR director must facilitate the integration of the staffing organization team with full-time personnel from the organization. The staffing organization team will consist of recruiters, sourcing professionals, and administrative assistants led by a staffing organization manager.The staffing organization recruiters manage the intake of open positions from the hiring managers. The in-house corporate recruiters assess open positions for fulfillment. The corporate recruiters often bypass the staffing organization manager to…

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