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Accountants at the firm Walker and Walker believed that several traveling executives submit unusually high travel vouchers when they return from business trips. The accountants took a sample of 200 vouchers submitted from the past year; they then developed the following multiple regression equation relating expected travel cost (Y) to number of days on the road (X1) and distance traveled (x2) in miles:
YN = $90.00 + $48.50X1 + $0.40X2The coefficient of correlation computed was 0.68.
(a) If Thomas Williams returns from a 300-mile trip that took him out of town for five days, what is the expected amount that he should claim as expenses?(b) Williams submitted a reimbursement request for $685; what should the accountant do?(c) Comment on the validity of this model. Should any other variables be included? Which ones? Why?
Then identify top-ten (or -20) foreign MNEs that have undertaken inbound FDI in your country. Explain why do these countries also companies provide bulk of FDI into country.
Write a two page summary on a particular process in any organization.
Describe the different types of interviews, and some problems encountered in interviewing.
Griffin cites that there are four methods of reinforcement to maintain proper behavior at the work place. What are they and are they used at your current/former workplace? Which of the four do you believe are the most effective. Explain.
Mega Beverage Corporation will launch its new twelve-hour energy drink called the Viva in a few weeks. The company suggests a retail price of $3 for a 3-ounce bottle; however, the retail buyers must agree not to sell the drink for less than $2.75.
A will make a fixed 7.95 percent payment to B, also B will make a floating rate payment equal to LIBOR to A. Illustrate what are resulting net payments of A also B.
Mars Inc. is considering the purchase of a new machine that will reduce manufacturing costs by $5,000 annually. Mars will use the MACRS accelerated method to depreciate the machine.
An automobile brake supplier receives an average of 1,000 orders per week. An average of 500 orders are waiting to be processed. What is the average time spent by each order waiting to be processed?
As a business employer, explain how nontraditional work schedules might make it easier for you to recruit employees.
Identify the effective general leadership traits that have contributed to The Little Guys' ongoing success. Identify the behaviors often incorporated by entrepreneurial leaders.
Compare and contrast the following methods of job evaluation, and include examples that are not the same as in the textbook to demonstrate understanding
discuss the business entity that represents the best choice for each business, taking control, taxation, and liability issues into consideration. Identify laws
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