Table of Contents Question Descriptions Page Question 1 Multiple Choice Questions 4 Question 2 Absorption costing and standard costing Use the information provided below to prepare the Budgeted Income Statement for the year ended 30 June 2013 using the absorption costing method 2.2.1 Calculate the direct labour efficiency variance 2.2.2 Explain 2 possible causes of an unfavourable direct labour efficiency variance 5 Question 3.1 Question 3.2 Question 3.3 Question 3.4
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True/False True 1. Empowerment is letting others make decisions and exercise discretion in their work. True 2. Given a clear mission‚ core values‚ objectives and strategy‚ organizing begins the process of strategy implementation by clarifying jobs and working relationships. False3. In the management process of organizing‚ the strategic leadership challenge is to choose least expensive organizational form to fit the strategy of the organization. True4. An organization’s ability to implement its
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that which could have been prevented by actions like a pay raise or a new job assignment. True False 3. An employee’s perceived desirability of movement can depend on reasons that have little or nothing to do with the job. True False 4. An employee’s overall intention to quit depends on the desirability of leaving‚ ease of leaving‚ and alternatives available to the employee. True False 5. Employees who have a high intention to quit necessarily end up quitting their jobs.
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Text Discussion Questions and Exercises: • Chapter 15: Discussion Question 9. How do variable costs and fixed costs differ? Give an example of each. Fixed costs are costs that will be the same for the next year. In my Construction Business fixed costs are office rent‚ office utilities‚ advertising costs‚ etc. In a year‚ these costs can be known ahead of time and won’t need to change even if my company does more work. Variable costs are costs that can rise or fall depending on how much work I
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This assignment is based on an Earned Value analysis performed by a cost account manager‚ who has received a variance report (given below) from a performance measurement system. I have calculated the appropriate variances and included corrective measures for each of them. REPORT Variances are calculated as follows: CV (cost variance) = BCWP – ACWP SV (schedule variance) = BCWP - BCWS TASK A B C D E ACWP $22‚550 $32‚000 $16‚000 $10‚000 $23‚000 BCWP $25‚000 $30‚000 $15‚000 $17‚000 $24
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DQ 1 What is the difference between managers and leaders? Is it possible to be an effective manager but not an effective leader? Provide examples. Managers and leaders can have the same goal set yet their approach of getting to that goal can be very different. Managers are system and structure focused having legitimate power based upon their position. Whereas the leader focuses on the people involved‚ achieving power by the respect that they earn. Leaders achieve their goal by motivating the people
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of LDR 531 Entire Course New Ver you will find the next docs: LDR-531 Week 1 DQ 1 new ver.doc LDR-531 Week 1 DQ 2 new ver.doc LDR-531 Week 1 DQ 3 new ver.doc LDR-531 Week 1 DQ 4 new ver.doc LDR-531 Week 1 Leadership Approach Paper new ver.doc LDR-531 Week 2 DQ 1 new ver.doc LDR-531 Week 2 DQ 2 new ver.doc LDR-531 Week 2 DQ 3 new ver.doc LDR-531 Week 2 MANAGERIAL ORGANIZATION new ver.doc LDR-531 Week 2 WEEKLY REFLECTIONS new ver.doc LDR-531 Week 3 CREATING
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Motivation Plan Teri Harris LDR/531 October 13‚ 2014 Brenda Shore Motivation Plan When leaders show a positive attitude about a mission or a project‚ the employees show an increased desire to perform their jobs to reach their goals. The challenge comes when the project has a long duration of time to be completed in. For example‚ your team leader comes to you and informs the team members that we have a month to complete the project and he/she needs to ensure that each team member can contribute
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Professional Development Plan LDR/531 Professional Development Plan When forming teams in a professional work environment it is important to understand the personalities of your teammates to determine strengths and weaknesses. When a leader is able to define the strengths and weaknesses of the team members it is easier to delegate tasks‚ encourage brain storming sessions and be successful as a team. Team C is composed of five members all with great leadership skills and a desire to learn
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Leadership in organizations Me Goso LDR 531 4/10/2013 Stewart Segall Leadership in organizations Leadership is a term with a variety of definitions depending on the context that it’s been defined. One common definition of leadership is “the behavior of an individual directing the activities of a group toward a shared goal.” The following paragraphs would elaborate on one major approach of studying leadership‚ its strengths and weakness‚ and an example in which it was used in an organization
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