What is one of the main reasons why the need for effective communication on teams has been growing so much in the last few decades?

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Answer 1
Answer:

Different insights and opinions in a collaborative setting can open up new better methods


Related Questions

First City Bank pays 8 percent simple interest on its savings account balances, whereas Second City Bank pays 8 percent interest compounded annually. If you made a deposit of $12,500 in each bank, how much more money would you earn from your Second City Bank account at the end of 8 years
Although ultimate responsibility for implementing and executing strategy falls upon the shoulders of senior executives, a. the success or failure of the implementation/execution effort hinges chiefly on a company's reward system and whether its policies and procedures are strategy-supportive. b. top-level managers still have to rely on the active support and cooperation of middle and lower-level managers in pushing needed changes in functional areas and operating units. c. the pivotal and most decisive strategy-implementing actions are carried out by frontline supervisors who have the day-to-day responsibility of seeing that key activities are done properly. d. the success or failure of the implementation/execution effort hinges chiefly on doing an effective job of empowering employees to make day-to-day operating decisions that support good strategy execution. e. it is a company's employees who most determine whether the drive for good strategy execution will succeed or fail.
According to Duffy-Deno (2003), when the price of broadband access capacity (the amount of information one can send over an Internet connection) increases 10%, commercial customers buy about 3.8% less capacity. What is the elasticity of demand for broadband access capacity for firms? Is demand at the current price inelastic?
A number of activities that are a part of a company's quality control system are listed below: a. Product testing.b. Product recalls. c. Rework labor and overhead. d. Quality circles. e. Downtime caused by defects. f. Cost of field servicing. g. Inspection of goods. h. Quality engineering. i. Warranty repairs. j. Statistical process control. k. Net cost of scrap. I. Depreciation of test equipment. m. Returns and allowances arising from poor quality. n. Disposal of defective products. o. Technical support to suppliers. p. Systems development. q. Warranty replacements. r. Field testing at customer site. s. Product design. Required: 1. Classify the costs associated with each of these activities into one of the following categories: prevention cost, appraisal cost, internal failure cost, or external failure cost. 2. Which of the four types of costs in (1) above are incurred in an effort to keep poor quality of conformance from occurring? Which of the four types or costs in (1) above are incurred because poor quality of conformance has occurred?
Vaughn Manufacturing has two divisions; Sporting Goods and Sports Gear. The sales mix is 75% for Sporting Goods and 25% for Sports Gear. Vaughn incurs $6890000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. The weighted-average contribution margin ratio is 70%. 35%. 40%. 45%.

The cost of direct materials transferred into the Rolling Department of Kraus Company is $3,000,000. The conversion cost for the period in the Rolling Department is $462,600. The total equivalent units for direct materials and conversion are 4,000 tons and 3,855 tons respectively. Determine the direct materials and conversion costs per equivalent unit.

Answers

Answer:

the direct material & conversion cost per equivalent unit is $750 per ton and $120 per ton

Explanation:

The calculation of the direct material & conversion cost per equivalent unit is given below:

Direct materials per equivalent unit is

= $3,000,000 ÷ 4,000 tons

= $750 per ton

And,  

Conversion costs per equivalent unit is

= $462,600 ÷ 3,855 tons

= $120 per ton

Hence, the direct material & conversion cost per equivalent unit is $750 per ton and $120 per ton

The Precision Widget Company had the following balances in their accounts at the end of the accounting period: Work-in-Process $ 5,000 Finished Goods 20,000 Cost of Goods Sold 200,000 If their manufacturing overhead was overallocated by $8,000 and Precision Widget adjusts their accounts using a proration based on total ending balances, the revised ending balance for Cost of Goods Sold would be

Answers

Answer:

$192,880

Explanation:

We need to determine the balances for each of the items.

Work in process =(5,000/225,000*100) × 8,000

= 2.2% × 8,000

= 176

Finished goods = (20,000/225,000 *100) × 8,000

= 8.9% × 8,000

= 712

Cost of goods sold = (200,000/225,000 *100) × 8,000

= 88.9% × 8,000

= 7,120

Therefore, the revised ending balance for COGS would be ;

= 200,000 - 7,120

= $192,880

Suppose there is a policy debate regarding the United States’ imposing trade restrictions on imported steel rods. Read the following scenario and answer the question that follows.
The president of the United States argues that the United States should threaten to impose a tariff on Chinese steel rods in order to induce the Chinese to remove its tariff on American cars.
Which of the following justifications is the pundit using to argue for the trade restriction on steel rods?

a. National-security argument
b. Infant-industry argument
c. Jobs argument
d. Using-protection-as-a-bargaining-chip argument
e. Unfair-competition argument

Answers

Jobs argument justifications is the pundit using to argue for the trade restriction on steel rods

Explanation:

A main argument often put forward to curb trade would be that trade decreases the amount of jobs domestically available.

The point about maintaining jobs is often put forward by employers to protect union jobs. Nevertheless, unions are undermining the market by prohibiting businesses from receiving their products at lower prices, causing them to increase prices. Moreover, businesses are often discouraged from using automation or robotics to retain jobs, which is ironic because automation and robotics improve the productivity of workers, thereby encouraging companies to pay employee salaries and benefits.

What insight does ROI give into investment performance? Is it acceptable to lose profit on one product, if that product is vital to the sale of an extremely profitable product? Why?

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Answer:

Explanation:

Return on investment (ROI) can be defined as a performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of investments.

The ability to calculate return on investment is particularly valuable for any business regardless of its size or industry. by calculating ROI, an individual can understand how well their business is doing and which areas needs improvement.

Every business decision requires knowldge of ROI, so as to optimize profitability. Yes it is acceptable to loose profit of one product for the sale of a profitable product because the gain that would be derived by selling an extremely profitable products is better for the company that the gain one product will derive. Afterall, every company wants to increase profitability.

Broker James has had his license suspended for two years. The licenses of all the broker-associates and salespersons who work for James are

Answers

Available Options Are:

A. Revoked, subject to reinstatement after 30 days.

B. Not affected by the suspension

C. Automatically suspended

D. Placed on inactive status

Answer:

D. Placed on inactive status

Explanation:

The reason is that James was jointly responsible for the actions of his broker-associates and salesperson because they were working under his supervision and that's why now as the license of James has been suspended for 2 years, James is no more jointly accountable for the actions of his associates and salesperson. Hence the licenses of associates and salesperson will be placed on inactive status. To reactive they will have to affiliate themselves to a broker who possesses an active license.

Employees in the Agriculture, Food, and Natural Resources career cluster workA. mostly inside in an office.
B. outside sometimes.
C. on construction sites.
D. on a sales floor.

Answers

Employees in the Agriculture, Food and Natural Resources career cluster work outside sometimes. Thus, option B is correct.

Who are Employees?

When employees are the ones who are being hired to do a specific job or a task. These are the ones who play a major role in a particular field in which they have expertise. They are the one who is employed by an employer. For the work that an employee does he or she is getting paid for that.

The employee who works in agriculture food or the natural resource sector usually is the ones who have to work outside. These are the ones who have to work in any weather or season.

They are the ones who work on the ground level. These are the other people who make natural resources and agricultural crops need to be taken care of outside. Therefore, option B is the correct option.

Learn more about Employees, here:

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Answer:

B. Outside sometimes

Explanation:

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