A group of young patrons come into the venue after a sports event. They are loud and excited, celebrating a win for their team.

Answer:

The total payoff is  $50000

Explanation:

solution

The payment is represented at a certain point in a circular format.

This reflects the cumulative results and their probabilities.

The total payoff point is

total payoff  = 0.5 × $100,000 + 0.5 × 0

total payoff  =  $50000

It indicates that the best decision would be the cancer lab, as it presents the highest expected return of 60000  

Response: the VRIO framework

Clarification:

VRIO represents value, rarity, imitability, and organization. These four components are utilized to assess if a business possesses a competitive edge over other firms

It is important to highlight that the VRIO framework serves as an internal instrument for organizations.

Answer:

A. 50

B. 4%

Explanation:

To determine the number of new MBA graduates that Mt. Kinley must recruit annually, we calculate the flow rate of associates by dividing the average number of associates by the flow time for associates.

Requirement A:

Flow rate of associates = Average inventory of associates / Flow time of associates

Flow rate of associates = 200/4

Flow rate of associates = 50

Thus, the company needs to hire 50 new MBAs each year.

Requirement B

The likelihood of an associate advancing to partner is 20% x 20%

This results in a probability of 4% for an associate to become a partner

Therefore, the probability that a new employee at Mt. Kinley will be promoted to partner stands at 4%

Working

The manager flow rate equals the average inventory of managers divided by their flow time

The flow rate of managers = 60/6

The flow rate for managers totals 10 per year

For partners, the flow rate is calculated as the average inventory of partners divided by their flow time

The flow rate of partners = 20/10

This results in 2 partners per year

The probability of an associate becoming a manager is given by 10/50

yielding a probability of 20%

The chances of progressing to partner stands at 2/10

indicating a 20% chance of becoming a partner

Answer:

A democratic leader

Explanation:

A democratic leader is characterized by a participative approach to leadership, representing a shared form of leadership where decisions are made collectively by all leaders.

Response:

(a) Cash flow generated from operating activities = 115,000

(b) Operating cash flow (NCOA) to current liabilities (CL):

Total current liabilities = 22000+9000 = 31000

NCOA relative to CL = 115,000/31000 = 3.71

Clarification:

Income Statement

$

Revenues 750,000

Cost of Goods Sold (470,000)

Gross profit 280,000

Salaries expenses (110,000)

Rental expenses (42,000)

Insurance costs (15,000)

Net Profit 113,000

Cash flow Statement

Net Profit 113,000

Cash flow derived from operating activities:

Increase in Accounts Receivable (54,000-49,000) (5,000)

Reduction in Inventories (66,000-60,000) 6,000

Growth in prepaid Insurance (8000-7000) (1000)

Rise in Accounts Payable (22000-18000) 4000

Decrease in wages payable (11000-9000) (2000)

Total increase in cash flow from operating activities 115,000