Since 1980 the difference between the earnings of college graduates and high school graduates has: increased, thereby increasing income inequality. The term "income inequality" describes how unequally money is distributed among a population.
Income disparity increases as distribution becomes less fair. An international problem, income inequality has a number of root causes, including past racism, unfair land allocation, excessive inflation, and stagnating wages. The globe must move to improve education, labour market regulations, taxation, and salaries when disparities widen as a result of crises like COVID-19.
Researchers have discovered that the effects of income inequality include greater rates of health and social issues, lower rates of social goods, a lower level of pleasure and contentment among the general population, and even a worse rate of economic development when human capital is disregarded for high-end consumption.
To learn more about Income, click here.
https://brainly.com/question/2386757
#SPJ4
list five of the important accounting assumptions that have had an impact on the development of generally accepted accounting principles.
Five important accounting assumptions that impact GAAP are: Going Concern, Accrual Basis, Monetary Unit, Time Period, and Historical Cost, guiding financial reporting for consistency and accuracy.
Five important accounting assumptions that have had an impact on the development of generally accepted accounting principles (GAAP) are:
1. Going Concern Assumption: This assumption assumes that the entity will continue its operations in the foreseeable future. It allows accountants to prepare financial statements under the assumption that the company will not liquidate or go bankrupt.
2. Accrual Basis Assumption: The accrual basis assumption requires that transactions and events are recorded in the financial statements when they occur, regardless of when the cash is received or paid. It helps provide a more accurate representation of a company's financial performance and position.
3. Monetary Unit Assumption: The monetary unit assumption assumes that the financial transactions and events recorded in the financial statements are expressed in a stable currency, such as the U.S. dollar. It allows for the measurement and comparison of financial information over time and between different entities.
4. Time Period Assumption: The time period assumption assumes that the economic activity of an entity can be divided into specific time periods for financial reporting purposes. It allows for the preparation of financial statements on a regular basis, such as monthly, quarterly, or annually.
5. Historical Cost Assumption: The historical cost assumption requires that assets and liabilities are recorded at their original acquisition or production cost. This assumption provides reliability and verifiability to the financial statements, but it may not always reflect the current market value of assets and liabilities.
These accounting assumptions form the foundation of GAAP and help guide the recognition, measurement, and disclosure of financial information to ensure consistency, comparability, and relevance in financial reporting.
Learn more about financial statements at:
https://brainly.com/question/26240841
#SPJ4
Discuss why accruals may be necessary for a company and why? Provide some specific examples of accruals you may use if you were closing the books for a company. Post one original thought by Thursday and post off at least two of your peers' points of view. Your posts must all be robust (not just one sentence- or "you agree with your peer). Be respectful and use complete sentences and proper grammar. Do not attach a document and please do not copy and paste from another program.
It also enables the company to keep track of the cash position to meet its obligations. It helps in making important business decisions. Accruals are used by companies to record income or expenses in the accounting system even before the cash is exchanged.
The purpose of accruals is to recognize revenue or expenses in the period in which they were earned or incurred, regardless of when the cash was received or paid out. In this way, accruals help in matching revenue and expenses of a company accurately. It enables financial statements to show the actual financial position of a company. Accruals are necessary for a company to provide a more accurate picture of its financial performance for a given period. It is necessary because cash flows alone may not provide a true picture of the financial performance of a company. For example, a company has done some work, but it has not yet billed the customer for it.
It also enables the company to keep track of the cash position to meet its obligations. It helps in making important business decisions. Thus, accruals are essential for any business to get a clear picture of its financial position and to make better business decisions based on that.
To know more about company visit:
brainly.com/question/32935120
#SPJ11
A company in Maine sends lobsters to France What is Maine doing? Select three options
Answer:
Following are the answer to this question:
Explanation:
Some information is missing in the question. So, the correct choices can be described as follows:
i) practicing international trade
ii) exporting products
iii) participating in globalization
Maine has been globally traded because its, company transfers it's own goods at international frontiers when a client gives lobster with France in Maine. It exports products as its goods are manufactured in one nation, in this scenario the USA, is one other country, France in this case.Finally, it participates in the process of globalization because the company operates internationally by selling its products.Answer:
B. practicing international trade
C. exporting products
D. participating in globalization
The insurance pathway includes workers who deliver services that transfer risk from an individual or business to an insurance company to protect individuals and businesses from financial losses. Question 1 options: True False
Answer:
true
Explanation:
i took the 7.01 finance quiz and got it right.
In managing its product portfolio, 3m demands that a specific percentage of its yearly sales come from new products introduced within the previous few years to better withstand external shocks and.
In managing its product portfolio, 3m demands that a specific percentage of its yearly sales come from new products introduced within the previous few years to better withstand external shocks and manage risk through diversification.
Demand is a monetary time period that refers to the number of products or services that purchasers want to buy at any given rate level. The mere choice of a client for a product isn't to demand. Call for includes the shopping electricity of the purchaser to collect a given product at a given length.
The rate of the coolest or carrier. The earnings of shoppers. The prices of related items or services—either complementary and purchased alongside a particular object or substitutes sold in preference to a product. The tastes or preferences of clients will pressure demand.
Call for is a representation of a consumer's desire to buy items and services; it acts as a size of a consumer's willingness to buy a particular proper or service at a given fee.
Learn more about Demand here https://brainly.com/question/4804206
#SPJ1
what is the best career to go for?
Answer: Well what things are you interested in?
Explanation:
Answer:
My opinion is Technical Jobs. But become what you'd like to be
Explanation:
One advantage of having an ATM card is that it can be used to
O make deposits at a bank
O apply for car loans.
O change a person's credit history
O buy stocks
Answer:
It can be used to buy stocks
Click this link to view the OOH educational information for Roofers. According to the OOH, what are some educational, training, certification, or licensing options required or helpful for Roofers? Check all that apply. bachelor’s degrees on-the-job training apprenticeships high-school biology, chemistry, and physics classes high-school math, shop, mechanical drawing, and blueprint-reading classes an associate degree specializing in writing
Answer:
2,3,5
Explanation:
I had the same thing and got it right (one wrong)
Answer:
2 3 5
Explanation:
At what rate per cent per annum will 4000 yield an interest of 410 in 2 years?
Answer:
5%
Explanation:
The applicable formula is A = P( 1 + r) ^ n
where A= amount: P is the principal, r, interest rate, n time
In this case,
A = principal + interest = Rs 410 { Rs 4000 + Rs410}
P= Rs 4000
r= ?
n= 2
r is?
4410 = 4000(1 + r) ^2
(1 + i)^ 2 = 4410/4000
(1 + i)^ 2 = 1.1025
1 + i = √1.1025
1 + i = 1.05
i = 1.05 - 1
i = 0.05
0.05 × 100 = 5%
True or false: Employees prefer to receive ISOs rather than NQOs because the entire difference between the sales price and the exercise on the subsequent sale of the stock may be taxed as a long-term capital gain if the required holding periods are met. True false question. True False
Answer:True
Explanation:
________ is a set of interdependent organizations that help make a product or service of a company available for use by consumers or business users.
ExpIain what is meant by the term dominant allele
Answer:
A dominant allele is a variant of a gene overriding another variant on the same gene, usually expressed with a capital letter, like AA or Aa
Explanation:
Andros is the store manager at MegaTech. They sell home and business appliances to customers. Each day Andros greets customers, answers customer questions about different products, and helps with service breakdowns either in person, on the phone, or online. What is the term for these customer interactions?
The term for the customer interactions at MegaTech is called C. Customer Service.
What is customer service ?Customer service is what organizations implement to guarantee customer delight with the products and services provided.
In this context, Andros is administering customer service by welcoming customers, answering inquiries, and resolving service concerns. Successful customer service can build up customer devotion and maintain customer retention, resulting in an enduring commercial success.
Find out more on customer service at https://brainly.com/question/30399310
#SPJ1
Options are:
A. Sales
B. Marketing
C. Customer service
D. Public relations
Which is the most common type of precipitation?
Answer: Rain.
Explanation:
Bill Nye.
Answer: Rain
Explanation:
Businesspeople are often confronted with ethical decisions. When they distinguish between right and wrong decisions in a business setting it is called ______. Multiple choice question. firm business marketing ethics business ethics conscious domain
The process of distinguishing between right and wrong decisions in a business setting is called business ethics.
What is business ethics?Business ethics are the moral principles and standards that act as guidelines for the way a business conducts its business transactions with outside world. It is a practice that determines what is right, wrong, and appropriate in the workplace.
Business ethics is important because it help ensure a good reputation for a company. This means that the company would have a good image in the society.
Therefore, the process of distinguishing between right and wrong decisions in a business setting is called business ethics.
Learn more about business ethics here : https://brainly.com/question/24606527
Investment 2 Study questions Practice Questions: 1. On January 1, Stacy's portfolio was valued at $96,534. During the year Stacy received $3,285 in interest and $4,100 in dividends. She also sold one stock at a gain of $850. The value of the portfolio on December 31 of the same year was $113,201. At the end of June, Stacy withdrew $5,000 from the portfolio. What is the holding period return for the year? (refer slides for the formula) Sol: 25. 8% 2. Six months ago, Suzanne purchased a stock for $28 a share. Today she sold the stock at a price of $32 a share. During the time she owned the stock, she received a total of $1. 30 in dividends per share. What is her holding period return? Sol: 18. 9% 3. On January 1, Tim's portfolio was valued at $432,098. During the year Tim received $10,563 in interest and $15,060 in dividends. He also sold stock at a net loss of $12,870 and used the proceeds to purchase another stock. Tim did not contribute any more funds nor withdraw any funds during the year. On December 31 of the same year, Tim's portfolio was valued at $398,189. What is the holding period return for the year? Sol: -1. 9%
The holding period return for Stacy's portfolio for the year is 25.8%. The holding period return for Suzanne's stock is 18.9%.Tim's holding period return for the year is -4.67%, indicating a negative return.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends + Gain] / Beginning Value
In Stacy's case, the beginning value of her portfolio on January 1 was $96,534, and the ending value on December 31 was $113,201. She received $3,285 in interest, $4,100 in dividends, and had a gain of $850 from selling a stock. She also withdrew $5,000 at the end of June.
Holding Period Return = [($113,201 - $96,534 + $3,285 + $4,100 + $850) - $5,000] / $96,534
= ($24,902 + $4,100 + $850 - $5,000) / $96,534
= $24,852 / $96,534
= 0.257 or 25.8%
Therefore, the holding period return for Stacy's portfolio for the year is 25.8%.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends] / Beginning Value
In Suzanne's case, the beginning value of the stock was $28 per share, and the ending value was $32 per share. She received $1.30 in dividends per share.
Holding Period Return = [($32 - $28) + $1.30] / $28
= ($4 + $1.30) / $28
= $5.30 / $28
= 0.189 or 18.9%
Therefore, Suzanne's holding period return for the stock is 18.9%.
In the case of Tim's portfolio, the holding period return for the year is -1.9%.
Tim's portfolio had an initial value of $432,098 on January 1 and a value of $398,189 on December 31. He received $10,563 in interest and $15,060 in dividends. However, he sold stock at a net loss of $12,870 and used the proceeds to purchase another stock. Tim did not contribute any additional funds or make any withdrawals during the year.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends + Gain] / Beginning Value
= [($398,189 - $432,098) + $10,563 + $15,060 + (-$12,870)] / $432,098
= (-$33,909 + $10,563 + $15,060 - $12,870) / $432,098
= -$20,156 / $432,098
= -0.0467 or -4.67%
To learn more about Holding Period Return : brainly.com/question/32041051
#SPJ11
elaborate on five key success factors
Answer:
1. Una idea de negocio innovadora
Si deseas entrar en un mercado, especialmente en una industria competitiva, debes determinar qué te distingue de las otras opciones disponibles. El marketing inteligente o una tecnología emocionante por sí sola no garantizarán que tus clientes objetivo queden impresionados por lo que estás ofreciendo: tiene que entregar un valor real y / o una experiencia nueva.
Richard Werbe, fundador de la plataforma de servicios de microtutoría StudyPool, explica su estrategia para crear una idea de negocio innovadora, diciendo: "Hay que prestar atención a las tendencias. La mayoría de las personas piensan que tienen que proponer una idea totalmente original, pero puede tomar las tendencias populares actuales y construir algo a partir de lo que ya se está viendo por ahí, creando un servicio o producto mejorado".
Solo el mercado determinará si tu empresa tendrá éxito y una forma de aumentar las probabilidades a tu favor es tener un producto o servicio innovador que sea bien recibido. No tienes que reinventar algo por completo, simplemente basta con mejorarlo.
2. El talento correcto
El éxito a largo plazo de tu negocio requiere que reúnas el talento adecuado para construir tu marca. Tu equipo es la columna vertebral de la empresa, y una persona “tóxica” puede descarrilar completamente su progreso. Ya sea que estés construyendo un equipo que trabaje in situ o una fuerza laboral remota, una cosa sigue siendo la misma: el talento adecuado con la misma visión mejorará enormemente las posibilidades de éxito.
Kip Skibicki, fundador de Top Notch Threads, entiende la importancia de armar un equipo de estrellas. "Cuando comencé mi empresa no tenía muchas conexiones, pero me comprometí a formar un equipo que compartiera mi visión, junto con la experiencia y los conocimientos necesarios para cada función", dijo Skibicki.
Crear una empresa requiere una gran cantidad de trabajo durante la fase de inicio. La montaña rusa de las largas jornadas al inicio es mucho más agradable cuando todo el equipo está dispuesto a esforzarse para lograr los objetivos y alcanzar las metas juntos.
3. Tu red de contactos
Construir una red de contactos de emprendedores con ideas afines tiene varios beneficios. Te da una caja de resonancia para cuando tengas preguntas o necesites asesoramiento, lo cual es de gran ayuda, especialmente en las primeras etapas de un negocio. A medida que tu red crece, también lo hacen tus recursos.
Soy miembro de varios grupos profesionales y estoy constantemente trabajando en red. Personalmente, mi red ha sido una gran parte de mi éxito.
"Cada negocio, desde un bufete de abogados grande hasta un pequeño emprendimiento de una sola persona, puede beneficiarse de tener una red de contactos sólida. A medida que te sientas más cómodo trabajando en red, aumenta el tamaño y la capacidad de tus contactos para ayudarte a resolver problemas y tomar decisiones acertadas. Sugiero que dediquen tiempo de su agenda para hacer networking", aconseja Adam Zayed, socio fundador de Zayed Law Offices.
4. Trabajo duro
Si no estás dispuesto a ensuciarte las manos y trabajar en las trincheras, es mejor que ni siquiera comiences. Muchos emprendedores potenciales tienen un falso sentido de lo que realmente es tener un negocio. A los medios les gusta glorificar la vida de las startups, pero no todos los emprendedores tienen Lamborghinis y aviones privados. Tienes que estar dispuesto a trabajar como loco si quieres tener éxito.
Antes de lanzar la American International English Teachers 'Association, Zac Grove estaba ayudando a otras startups de tecnología educativa a recaudar fondos y construir operaciones. Esto le permitió aprender lo básico de la industria y luego aplicar este conocimiento a su proyecto personal.
"Después de trabajar en ed-tech, me di cuenta de que mi pasión en la vida era lanzar soluciones para lograr cambios en el mundo. Nunca habría tenido la confianza para aventurarme por mi cuenta si no hubiera aprendido primero a construir un negocio sólido trabajando en otra empresa ", dice Grove.
Considera desarrollar las habilidades, los conocimientos y la experiencia necesarios para emprender trabajando para otras empresas; es una opción viable que puede dar resultados a largo plazo.
5. Ventas
Hay una cosa que rápidamente demostrará la viabilidad de tu producto o servicio: ventas. Las ventas no solo demuestran que tiene salgo viable, sino que también inyectas ingresos en tu negocio, permitiéndole crecer.
Carlo Cisco es el fundador y CEO de Select, una comunidad privada que ofrece acceso a eventos exclusivos y promociones en restaurantes, hoteles, locales nocturnos y minoristas. Este emprendedor priorizó las ventas desde el principio para que su marca dejara huella.
".
How does the increasing water scarcity in Egypt affect prices and even the availability of some goods and services?
Answer:
because input price increases the out put price also increases
Explanation:
the law of supply
what's two examples of a direct competition?
Answer and Explanation:
Direct competition is a type of competition where two or more businesses offers the same kind of product and compete in the similar market.
The examples like dominos versus pizza hut in terms of food, HP versus Dell in terms of laptop
So in this examples they sell the same kind of products and compete each other
Well-defined property rights can lead to the better maintenance and care of a good. In which of the following scenarios would property rights (or lack thereof) lead individuals to fix the problem themselves and for which scenarios would they likely neglect the problem? Solves the Problem Drag appropriate answer(s) here Drag appropriate answer(s) here Neglects the ProblemSOLVES THE PROBLEM:
- Sports fans celebrate a victory by spraying foam on cars in the parking lot.
- A homeowner spills tomato sauce on the carpet.
NEGLECTS THE PROBLEM:
- Students leave trash on cafeteria tables after lunchtime.
- People throw trash out the window while driving.
- A dog walker does not clean up after his dog on a neighborhood trail.
The solution that solves the problem is Sports fans celebrate a victory by spraying foam
SOLVES THE PROBLEM:A homeowner spills tomato sauce on the carpet. (As the homeowner has clear property rights over their own property, they are likely to take action to fix the problem themselves.)
Sports fans celebrate a victory by spraying foam on cars in the parking lot. (In this case, the car owners have clear property rights over their cars and are likely to take action to clean them.)
NEGLECTS THE PROBLEM:
Students leave trash on cafeteria tables after lunchtime. (Without clear property rights over the tables, students are less likely to feel responsible for cleaning up after themselves.)
People throw trash out the window while driving. (Without clear property rights over the public space, individuals are less likely to take responsibility for maintaining it.)
A dog walker does not clean up after his dog on a neighborhood trail. (Without clear property rights over the trail, the dog walker may not feel a sense of responsibility to clean up after their dog.)
Read more about property rights here:
https://brainly.com/question/9052855
#SPJ1
Jordynne was the manager of Pets-R-Us, a pet store in Southern Valley Mall. Pets-R-Us had a one-year lease, and rent payments were $2,000.00 per month. Five months into the lease, Jordynne found a better site for the pet store. She notified Southern’s manager, vacated the mall, and moved her store to its new location. After two months, Southern was able to re-lease the premises to another retail store, but at a reduced rent of $1,800.00 per month. If Southern successfully sues Pets-R-Us, Southern will likely receive:_________
Southern is likely to receive $14,000 for damages
A lease such as the one between Jordynne and Southern represents a contract. Due to this, it is expected both parties met the conditions previously agreed. This means:
Jordynne should have stayed in the first site for a year.Southern cannot ask Jordynne to leave the site she rented.In this context, it was Jordynne the one that breached the contract, as a consequence Southern can sue her. In this case, it is expected Jordynne has to pay the rent for the months she was not in Southern Vally Mall.
$2,000 x 7 months (she left in the fifth month) = $14,000
Learn more in: https://brainly.com/question/25311936
Which of the following could be considered collateral for a loan? (Select all that apply.)
A. buildings
B. inventory
C. machinery
D. wages
Option B: inventory
Collateral is simply an asset, such as a car or home, that a borrower offers up as a way to qualify for a particular loan. collateral can make a lender more comfortable extending the loan since it protects their financial stake if the borrower ultimately fails to repay the loan in full.
The biggest risk of a pawn loan is that you can lose your assets if you don't repay the loan. it's especially dangerous if you back your loan with a very valuable asset like your home. It requires you to have valuable assets.
many banks and credit unions offer savings accounts, certificates of deposit (CD) funds, or secured personal loans, which are personal loans secured by your car. for this reason, these loans are sometimes referred to as mortgages. often there is no limit to these types of credits.
Learn more about collateral for a loan here https://brainly.com/question/1397667
#SPJ2
A potential negative result of trade agreements is
Security dealers: are limited to trading non-listed stocks. buy and sell from their own inventory. operate exclusively in auction markets. operate on a physical trading floor. match buyers with sellers.
Answer:
The answer is B. buy and sell from their own inventory
Explanation:
A dealer is someone who buys and sells from its own account or inventory.
A dealer is a seller to an investor that wants to buy securities and he is also a buyer to an investor that wants to sell his securities.
A broker is different from a dealer in that it transacts(sells or buys securities) on behalf of his or her clients.
When Edmund died, he left several properties to his heirs. He owned a grocery store and a campground outright, and a strip mall that was held in a living trust. Which of the properties, if any, did NOT have to go through the probate process after his death?
Answer: Strip Mall
Explanation:
According to California real estate laws, there are certain properties that do not have to go through the probate process when the owner dies. These include any assets held in a living trust as well as irrevocable trusts and assets that the now deceased person transferred out of their estate before they died.
As the Strip mall was held in a living trust, it is not to be subject to the probate process.
Which of the following must be
certified by the FAA to be hired at
airports?
A. Air-traffic controllers
B. CB radio operators
C. Police Dispatchers
That will be Air - traffic controllers
mark brainliest pls
Darlene and her friends get together for lunch after work. While at lunch, the friends discuss what they can do to solve the problem of excessive overtime at work. Which of the following is true?
Question:
Darlene and her friends get together for lunch after work. While at lunch, the friends discuss what they can do to solve the problem with excessive overtime at work. Which of the following is true?
A) Darlene and her friends are not engaging in a concerted activity because they don’t plan to talk to management about the problem.
B) Darlene and her friends are engaging in concerted activity since they are discussing how to improve working conditions.
C) Darlene and her friends are engaging in concerted activity only if they are union members.
D) Darlene and her friends are not engaging in a concerted activity because they are not in a union meeting.
Answer:
The answer to the above question is B.
Explanation:
Any group activity that involves one employee putting forward an idea or plan for discussion and consideration to other employees that is related to working conditions may be referred to as concerted activity.
In some organisations, this sort of activity is prohibited or may lead to stiff sanctions by management. However, as Labour Law evolves, countries are beginning to put in place laws that protect concerted activity. Such laws sometimes define activity which may or may not be protected, thus allowing employees to engage in what would, therefore, be called Protected Activity.
Cheers!
ingrid took out an amortized loan of $300,000 with a 5% interest rate. her monthly payment is $1,500.37. how much will she pay in interest on her first monthly payment? $300 $1,500 $1,250 $500 submit answer
For a principal debt of $300,000, a 5% monthly interest payment would be $1,250.
Interest is the extra payment made by a borrower or deposit-taking financial institution to a lender or depositor above and beyond the principal amount (the amount borrowed) at a predetermined rate.It differs from any costs that the borrower might have to pay the lender or another entity. It also contrasts from a dividend, which is cash distributed to shareholders (owners) by a business from its profit or reserve but not at a preset, defined pace, but rather as a share of the gains gained by risk-takers who take on risks in order to generate income, on a pro rata basis. For instance, if a consumer borrows money from a bank, they often pay interest on it, which means they pay the bank more money than they borrowed. Likewise, if a customer earns interest on their savings, they may take out more money than they initially put in. When it comes to savings, the consumer serves as the lender and the bank as the borrower. Interest is different from profit in that a lender receives interest while the owner of an asset, investment, or business receives profit. (Interest may include all or a portion of an investment's profit, but from an accounting standpoint, the two notions are different.) The rate of interest is calculated by dividing the principal amount borrowed or lent by the interest amount paid or received over a specific period (usually expressed as a percentage).
Learn more about interest here
https://brainly.com/question/25656843
#SPJ4
true or false: under the uruguay round of trade negotiations, the across-the-board tariff cuts for industrial countries averaging 40% and complete elimination of tariffs in several sectors are among the major policies adopted.
Under the Uruguay Round of trade negotiations, the across-the-board tariff cuts for industrial countries averaging 40% and the complete elimination of tariffs in several sectors are among the major policies adopted. The statement given in the question is true.
What Is The Uruguay Round?The given statement "Under the Uruguay Round of trade negotiations, the across-the-board tariff cuts for industrial countries averaging 40% and the complete elimination of tariffs in several sectors are among the major policies adopted" is true because the Uruguay Round of trade negotiations led to across-the-board tariff cuts for industrial countries averaging 40% and the complete elimination of tariffs in several sectors. The Uruguay Round of trade negotiations was conducted under the General Agreement on Tariffs and Trade (GATT), a treaty established in 1947. The Uruguay Round was the eighth round of trade negotiations under the GATT and was held between 1986 and 1994. The Uruguay Round had a significant impact on global trade policies.
Learn more about the Uruguay Round at https://brainly.com/question/30711418
#SPJ11
a first-line manager for a large electric generator manufacturer would:
A first-line manager for a large electric generator manufacturer would have several key responsibilities.
Firstly, they would oversee a team of employees and ensure that they are performing their tasks efficiently and effectively. This includes providing guidance, support, and feedback to the team members, as well as addressing any performance issues that may arise.
Secondly, the manager would be responsible for coordinating and organizing the production process. They would collaborate with other departments, such as engineering and procurement, to ensure a smooth workflow and timely delivery of electric generators. This involves setting production targets, monitoring progress, and making adjustments as needed.
Thirdly, the manager would be involved in quality control and assurance. They would implement and enforce quality standards and procedures, conduct inspections, and address any product defects or customer complaints.
Additionally, the manager would be responsible for managing resources, such as manpower, equipment, and materials, to optimize productivity and minimize costs. They would also participate in strategic planning, budgeting, and forecasting to contribute to the overall success of the organization.
Overall, a first-line manager for a large electric generator manufacturer plays a crucial role in leading a team, ensuring efficient production, maintaining quality standards, and contributing to the company's goals and objectives.
To learn more about electric generator visit:
brainly.com/question/23993381
#SPJ11