Maria Boyd has been hired by Barnum Hotels to manage staffing for the regional hotel chain. Barnum intends to open two new hotels within the next three years and will have many job positions to fill. Historically, employee turnover is high at Barnum as employees remain with the company for one or two years before quitting. Maria realizes that Barnum needs to make significant changes in its personnel strategy in order to meet the company's goals for the future and improve employee retention rates. All of the following questions are relevant to Mari's decision to fill top positions at the new hotels with internal candidates EXCEPT::_______a. What are the key managerial positions that are available at the new hotels?
b. What percentage of employers in the service industry use succession planning?
c. What skills, education, and training have been provided to potential candidates?
d. What is the designated procedure for assessing and selecting potential candidates?

Answers

Answer 1
Answer:

All of the following questions are relevant to Mari's decision to fill top positions at the new hotels with internal candidates except What percentage of employers in the service industry use succession planning? Therefore, the correct answer is Option B.

   

The percentage of employers in the service industry using succession planning is not directly relevant to Maria's decision to fill top positions at the new hotels with internal candidates. Succession planning is a different concept from internal promotions.

Succession planning typically involves identifying and developing potential candidates for higher-level positions within the organization to ensure a smooth transition when key employees retire, leave, or are promoted to other roles. While it can be beneficial for an organization, it is not directly related to the decision of filling top positions at the new hotels with internal candidates.

The other three questions  What are the key managerial positions that are available at the new hotels? , What skills, education, and training have been provided to potential candidates? , and What is the designated procedure for assessing and selecting potential candidates? are more prominent to make that decision.

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Answer 2
Answer:

Answer:

b. What percentage of employers in the service industry use succession planning

Explanation:

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The Manufacturing Overhead account shows debits of $30,000, $24,000, and $28,000 and one credit for $86,000. Based on this information, manufacturing overhead: not been applied. shows a zero balance. has been underapplied. has been overapplied.

ank states that its decision to offer home loans at an extremely low initial, but variable, rate is rooted in the idea that all have a right to owning an affordable home. The bank does not state that the loans are packaged in a product sold to another, larger bank that may or may not work with customers in difficult situations. The smaller bank is no longer exposed to the risk of longer-term loans, and makes a large profit. Which moral theory is the bank operating under?

Answers

Answer: Ethical Egoism

Explanation:

The theory of Ethical Egoism posits that people or entities are well within their rights to act in a manner that benefits their best interest and in so doing are being good in their own right.

The small bank acted in such a manner that it left itself unexposed to risk whilst still making quite a huge profit. The small bank pursued its own interests and so followed the moral theory of Ethical Egoism.

Final answer:

The bank is operating under the moral theory of Moral Egoism. It acts in its own best interest by making large profits off the home loans and offloading the long-term risk.

Explanation:

The bank's actions seem to align with the Moral Egoism theory. This theory suggests that an entity, in this case, the bank, acts in its own best interest. Offering home loans at extremely low initial rates turns in large profit for the bank, which is its main interest. However, offloading the risk of these loans onto another bank marks the bank's primary focus on their well-being rather than the consequences for their customers in the long run. These customers may struggle if the larger bank they deal with lacks flexibility in difficult situations.

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If we accept "consumer satisfaction" as the objective of our macro-marketing system, this means that: consumer educators should choose what products should be produced. "home economists" will be the best judges of what should be produced. each consumer should decide how best to satisfy his or her own wants. not every consumer should be allowed to decide his or her own wants. government planners should choose the kinds of products to be produced.

Answers

If consumer satisfaction is to be assumed as the objective of macro marketing system , in such a case each consumer should decide how to best satisfy his or her own wants.

Consumer wants are ever-upgrading and unlimited

Customer satisfaction is a niche concept of deriving satisfaction from consumption of certain goods and services .

Such goods and services can be subjective and may change due to external factors acting upon the situation.

Satisfaction is directly related to utility a person derives from its consumption .

To explain this with an example we may say that, a drunkard derives utmost satisfaction by consuming alcohol even after knowing the ill effects of the same and wont get much satisfaction in consuming orange juice.

Summing up above points we can say that if consumer satisfaction is to be taken as the objective for marketing purposes the correct option is C Each consumer should get to decide how best to satisfy his or her wants .

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If we accept "consumer satisfaction" as the objective of our MACRO-marketing system, this means that each consumer should decide how best to satisfy his or her own wants. In marketing, there are 4 Ps which are product, price, plan and promotion. Regarding MACRO-marketing, this is the study on how marketing (the 4 Ps) impacts our economy and society. Since each consumer can decide what is best for them, experts then see what each consumer desires and tries to make items appeal to them. 

ImpressMe Products embosses notebooks with school and corporate logos. Last year, the company’s direct labor payroll totaled $352,100 for 50,300 direct labor hours. The standard wage rate is $6.75 per direct labor hour. Calculate ImpressMe’s direct labor rate variance. (Round answer to 0 decimal places, e.g. 125. If variance is zero, select "Not Applicable" and enter 0 for the amounts.)

Answers

Answer:

Direct labor rate variance= $12,575 unfavorable

Explanation:

Giving the following information:

Last year, the company’s direct labor payroll totaled $352,100 for 50,300 direct labor hours. The standard wage rate is $6.75 per direct labor hour.

To calculate the direct labor rate variance, we need to use the following formula:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Actual rate= 352,100/50,300= $7 per hour

Direct labor rate variance= (6.75 - 7)*50,300

Direct labor rate variance= $12,575 unfavorable

if viewed from a flow standpoint, the stage of configuration management that has provision for variable routing to the next step, depending on outcome at this stage, is:

Answers

If viewed from a flow standpoint, the stage of configuration management that has provision for variable routing to the next step, depending on outcome at this stage, configuration control.

What is configuration control?

Process for regulating hardware, software, firmware, and documentation alterations to safeguard the information system from unauthorised alterations before, during, and after system deployment. In military and technology development environments, configuration control is frequently employed. By making sure that any changes are thoroughly tested before being incorporated into the finished product, it can lower the likelihood of failure or malfunction.

What does the configuration serve?

The process of configuration management involves keeping software, servers, and computer systems in a consistent, desirable condition. It's a method of ensuring that a system functions as expected as modifications are made to it over time.

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Wellington Recycling recycles newsprint, cardboard, and so forth, into received packaging materials. For the coming year, Wellington estimates total manufacturing overhead to be $359,640. The managers are not sure if direct labor hours (estimated to be 9,990) or machine hours (estimated to be 7,982 hours) is the best allocation base to use for allocating manufacturing overhead. Wellington bids for jobs a 31 % markup over total manufacturing cost.After the new fiscal year began, Hollings Paper Supply asked Wellington Recycling to bid for a job that will take 1 ,975 machine hours and t ,700 direct labor hours to produce. The direct labor cost this will be $10 per hour, and the direct materials will total S25,500.

Required:
Compute the total job cost and price if Wellington decided to use direct labor hours as the manufacturing overhead allocation base for the year.

Answers

To calculate the total Job Cost, it is required to add direct Materials with direct Labor and applied overhead.

Computation total job cost

Although when before that first determine the predetermined overhead cost which is

Then = Estimated total manufacturing cost ÷ estimated labor hours

Then = $359,640 ÷ $9,990

After that = $36 per hour

Now the total cost is

  1. Then = Direct material + direct labor + manufacturing overhead
  2. Now, = $25,500 + 1,700 × $10 +  $1,700 × $36
  3. After that = $25,500 + $17,000 + $61,200
  4. Then = $103,700

 Now the bid price is

  1. Then = Job cost - markup profit
  2. Now = $103,700 - $103,700 × 31%
  3. Then = $103,700 - $32,147
  4. Then = $135,847

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Answer and Explanation:

The computation is shown below:

But before that first determine the predetermined overhead cost which is

= Estimated total manufacturing cost ÷ estimated labor hours

= $359,640 ÷ $9,990

= $36 per hour

Now the total cost is

= Direct material + direct labor + manufacturing overhead

= $25,500 + 1,700 × $10 +  $1,700 × $36

= $25,500 + $17,000 + $61,200

= $103,700

Now the bid price is

= Job cost - markup profit

= $103,700 - $103,700 × 31%

= $103,700 - $32,147

= $135,847

________ is the misappropriation of trade secrets related to or included in a product that is produced for or placed in interstate or foreign commerce to the economic benefit of anyone other than the owner.

Answers

Answer:

Economic espionage.

Explanation:

Economic espionage is an activity of unlawfully targeting and spying the sensitive information of corporate or government. The motive behind economic espionage is more than just earning profit, it is much larger in scope and scale. It include theft of critical economic intelligence, trade secret, intellectual property, etc. There are different ways of conducting economic espoinage:

1) Hiring insider of corporate or research institution and getting information on trade secrets etc.

2) By Cyber attack, theft, bribery, etc.

3) Building relationship with corporate or goverment, which seems innocent, however, motive is to gather economic intelligence.

There is Law been passed to protect against economic espionage.