Search & Filtering
What actions can be taken to motivate those employees who are not using the new technology required of their job? Outline 5 actions with detailed explanations. (5 marks)
Why will it be difficult to dislodge iPad as the clear market leader in the tablet market?
Identify the two most important of the Five Forces Factors that are affecting the PC market. Why?
Ababio and Sons Company ltd purchases raw material from Nananom Ltd. The total
annual demand for this product is 150,000 units. If the holding cost per unit is ₵5,000
and the ordering cost per unit is ₵600 per order.
i. Explain what is Economic Order Quantity (5 marks)
ii. What will be the economic order quantity for the Ababio & Sons? (6marks)
and
iii. Calculate the Total Cost for Ababio and sons at the economic order and
comment/advise appropriately (6marks)
Case: A South Indian food retailer has 15% market share in South India, with three major competitors having 10-12% shares each. The rest of industry is fragmented amongst smaller players. Two of the competitors already have operations in North India.
Question: This company has no experience of retailing in North India and a minimal knowledge of the region. So, should the company open stores in North India too?
Busta Limited plans to manufacture bar fridges and the following information is applicable: Estimated sales for the year 5 000 units at R3 400 each Estimated costs for the year: Variable costs Direct Material R520 per unit Direct Labour R350 per unit Variable Manufacturing Cost R110 per unit Selling expenses 6% of selling price per unit sold Factory overheads (all fixed) R625 000 Administrative expenses (all fixed) R462 000 REQUIRED: 1.1 Calculate the total net profit for the estimated figures. (3 marks) 1.2 Calculate the break-even quantity (3 marks) 1.3 Calculate the break-even value (2 marks) 1.4 Calculate the break-even value using the marginal income ratio. (3 marks) 1.5 Calculate the target sales volume to achieve a profit of R920 500.. (3 marks) 1.6 Calculate the new break-even quantity and value if the selling price is increased by 12% (4 marks) 1.7 Calculate the margin of safety in units at the original budgeted volume and price (2 marks)
Busta Limited plans to manufacture bar fridges and the following information is applicable: Estimated sales for the year 5 000 units at R3 400 each Estimated costs for the year: Variable costs Direct Material R520 per unit Direct Labour R350 per unit Variable Manufacturing Cost R110 per unit Selling expenses 6% of selling price per unit sold Factory overheads (all fixed) R625 000 Administrative expenses (all fixed) R462 000 REQUIRED: 1.1 Calculate the total net profit for the estimated figures. (3 marks) 1.2 Calculate the break-even quantity (3 marks) 1.3 Calculate the break-even value (2 marks) 1.4 Calculate the break-even value using the marginal income ratio. (3 marks) 1.5 Calculate the target sales volume to achieve a profit of R920 500.. (3 marks) 1.6 Calculate the new break-even quantity and value if the selling price is increased by 12% (4 marks) 1.7 Calculate the margin of safety in units at the original budgeted volume and price (2 marks)
While it is true that increases in efficiency generate productivity increases, it is possible to get caught in an “efficiency improvement trap.” Explain what this means.
One recent study found no link between age and performance of employees. The study’s author expressed surprise at the findings. Do the findings surprise you Why or why not?
4. After six months in his new position as a manager, Binyam was faced with the task of having to conduct performance evaluation of his staffs. He was worried because he had never done performance evaluation and is not sure how to do it. However, in order to easy his ways, he decides to start with Abinet, Mekdes and Samrawit who were hired by himself. Binyam felt that Abinet is the most outstanding performer in his department. Mekdes is a recent hire in his department and he felt that she is the most cooperative lady he had hired since he became a manager. Samrawit is also a recent hire in his department but he felt that the university that she graduated from mostly produces incompetent students.
b) What perceptual biases (kind of misperceptions) do you expect likely to come into play while Binyam evaluate the performance of Samrawit? Justify your answer.
c) What Binyam needs to do to prevent perceptual biases (misperceptions) in conducting of staff performance evaluation?
