OER 2018 Edition

ISBN: 9781947172548

Author: OpenStax

Publisher: OpenStax College

Concept explainers

Every setup, be it a business or a society needs rules to function within a limit. If there were no rules you can imagine how society would be. Everyone will be doing whatever they wish to, be it legal or illegal, and whether it is acceptable to society …

Textbook Question

Chapter 9.1, Problem 2CC

How are Taylor's insights still seen in today's management practices?

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Chapter 9.1, Problem 1CC

Chapter 9.2, Problem 1CC

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Verma Inc.'s total assets at the beginning of the year amount to $500,000,000, and its total assets at the end of the year amount to $250,000,000. If its return on assets for the year is 28%, what is Verma's net income for the year?

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At the end of April, Nina Company had completed Jobs 50 and 51. Job 50 is for 23,040 units, and Job 51 is for 26,000 units. The following data relate to these two jobs: On April 6, Nina Company purchased on account 60,000 units of raw materials at $12 per unit. On April 21, raw materials were requisitioned for production as follows: 25,000 units for Job 50 at $10 per unit and 27,000 units for Job 51 at $12 per unit. During April, Nina Company accumulated 20,000 hours of direct labor costs on Job 50 and 24,000 hours on Job 51. The total direct labor was incurred at a rate of $20.00 per direct labor hour for Job 50 and $22.00 per direct labor hour for Job 51. Nina Company estimates that total factory overhead costs will be $1,750,000 for the year. Direct labor hours are estimated to be 500,000. Determine the balance on the account in the work in process subsidiary ledger in which the costs charged to a particular job order are recorded on job cost sheets for Jobs 50 and 51 at the end of…

Chapter 9 Solutions

Introduction to Business

Ch. 9.1 - How did Frederic Taylor's studies contribute to...Ch. 9.1 - How are Taylor's insights still seen in today's...Ch. 9.2 - How did Mayo's studies at the Hawthorne plant...Ch. 9.2 - What is the Hawthorne effect?Ch. 9.2 - Was the practice of dimming and brightening the...Ch. 9.3 - What is Maslow's hierarchy of needs, and how does...Ch. 9.3 - What are some criticisms of Maslow's hierarchy?Ch. 9.4 - How do the Theory X, Theory Y, and Theory Z...Ch. 9.5 - What is Herzberg's theory, and how does it relate...Ch. 9.5 - How can a manager use an understanding of...

Ch. 9.5 - What are the limitations of Herzberg's theory?Ch. 9.6 - Discuss the three relationships central to...Ch. 9.6 - Explain the comparison process that is a part of...Ch. 9.6 - How does goal-setting theory contribute to our...Ch. 9.6 - What are the main elements of reinforcement...Ch. 9.7 - Explain the difference between job enlargement and...Ch. 9.7 - What are the four work-scheduling options that can...Ch. 9.7 - Are all employees motivated by the same economic...Ch. 9.8 - What benefits can an organization derive from...Ch. 9.8 - Why are sabbaticals growing in popularity as...Ch. 9.8 - How are knowledge workers different from...Ch. 9.8 - Why are absenteeism and turnover rates increasing,...Ch. 9 - You join a large bank that encourages and promotes...Ch. 9 - How are social and economic factors influencing...Ch. 9 - What are some of the nonmonetary strategies...Ch. 9 - What "reward factors" would be important to you...

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