When a company focuses solely on the bottom line, what types of behavior is encouraged among its employees? Explain
Answer - Focusing on the bottom line is an encouragement policy of the companies to focus more on the employess specially working at the lower levels such that they also feel themselves to be the integral part of the company. This type of behaviour encourages the workers to work more , increases thier productivity. This in turn will increase the profitability of the company. When the employess are being paid attention , they are motivated to work more , there are decreased cases of absenteeism and also the unimportant communication going in between work hours declined. This leads to the increase in the working hours and also the output level of the company. The recognition to the employess by the companies acts as the very good motivating factor.
When a company focuses solely on the bottom line, what types of behavior is encouraged among...
What types of sustainability are promoted in the triple bottom line theory of corporate responsibility?
Clipper Company sells two types of nail clippers. One focuses on the economy oriented customer and the other aims to satisfy the high-end clientele. The economy clipper costs $5 and has a sales price of $9. The high-end model costs $9 and sales for $15. Fixed costs associated with this product line amount to $35,880. Economy clippers constitute 70 percent of the market with the remaining 30 percent being high-end clippers. Based on this information what is the break-even point...
when a company acts in an ethically questionable manner, what types of problems are caused by the organization and its customers?
Not all ethical behavior lies with the employees, or even the managers. The company as a whole must assert a socially responsible image to truly meet ethical guidelines. Managers should lead by example not only to employees, but also to customers and the company’s community. How should managers foster ethical behavior though their own actions? What can a company as a whole do to build an ethical reputation? How can being ethical and socially responsible benefit a company as well...
-What are the different Process improvement types. Differences among and examples of: Automation, Streamlining, Business Process Reengineering, with examples? -What are the necessary Decision making & Information Systems to help with making decisions - operational, managerial and strategic - differences among level & examples? -How is project success measured: benchmarking, KPIs, CSFs, Efficiency vs Effectiveness and explain?
For what reasons might a company purchase its own stock? Is the accounting different when a company purchases its own stock, and if so how? How does it affect the stockholders' equity section? Distinguish among and provide an example of the following terms: Cash Dividends Property Dividends Liquidating Dividends Stock Dividends Why would a company use each of these types of dividends?
U. Amphoteric Behavior of Aluminum Hydroxide B. Test for basic behavior. Describe what happened when HCl was added. # dissolved C. Test for acidic behavior. Describe what happened when NaOH was added. Dident dissole i continued to precipitate. 1. QUESTIONS: Which metals are more reactive - alkali metals (Group IA) or alkaline earth metals (Group ILA)? How do you know? 2. Based on your observations regarding Group IIA metals (calcium and magnesium), which Group IIA metal would you expect to...
Your company produces Splagnards, a popular line of hats for Chinchillas. When you started the company and were its only employee, you could produce 30 Splagnards daily. After you hired the second through sixth employees, your total daily output became 35, 45, 60, 70, and 75 Splagnards, respectively. Given this production pattern, you would conclude that diminishing returns Select one: a. begins with the fifth employee. b. have not occurred with this set of employees. c. set in with the...
Discussion Questions 1. When a company acts in an ethically questionable man- ner, what types of problems are caused for the organiza- tion and its customers? 2. How can an employee take an ethical stand regarding a business decision when his or her superior already has taken a different position? 3. Overall, would it be more profitable for a business to fol- low the economic model or the socioeconomic model of social responsibility?
" Which of the following types of payments are usually received by an exporter as an ongoing payment calculated as a percentage of the license holder's sales? A) Subsidies B) Direct investments C) Flat fees D) Agent fees E) Royalties 8) 7) Which statement is true regarding independent agents? A) They usually specialize in a particular product. -B) They represent one firm at a time. C) They act as sales representatives. D) They are usually based at domestic offices E)...