jimmy is the owner of vrs. until recently jimmy was also the managing director, but he has decided to employ a manager to take over the daily operations of vrs as he transitions to retirement. the new manager, berly, agreed to a performance based contract which says that berly will be paid bonus of $200,000 should the profits exceed a target of $2 million. the contract also says that berly must prepare financial statements and have them audited. Briefly define theory. According to agency theory, what are the roles performed by jimmy and berly

Subject-advance maths

Solution to the 5 questions?

3.4 ETHICS CASE: ASSIGNING COSTS Adapted from Mowen's "Managerial Accounting (7th Ed.)" Case 4-67 Tonya Martin, CMA and controller of the Parts Division of Gunderson Inc., was meeting with Doug Adams, manager of the division. The topic of discussion was the assignment of overhead costs to jobs and their impact on the division's pricing decisions. Their conversation was as follows: ● Tonya: Doug, as you know, about 25% of our business is based on government contracts, with the other 75% based on jobs from private sources won through bidding. During the last several years, our private business has declined. We have been losing more bids than usual. After some careful investigation, I have concluded that we are overpricing some jobs because of improper assignment of overhead costs. Some jobs are also being underpriced. Unfortunately, the jobs being overpriced are coming from our higher- ume, labor-intensive products, so we re losing business. Doug: I think I understand. Jobs associated…

Carol Jones wants her business to increase sales by 50 percent over the next5 years. To do this, she must hire three more people. She wants to determinehow to evaluate these people, so she lists their job specifications anddevelops job descriptions. She also lists where these employees would workand what training they would require. What management functions is Carolperforming, and how do they apply to this scenario?

Q1. What are the types of SWOT Analysis that the firm can perform? Explain what this analysis means, and the stages involved in detail?  Q2. Write a case study "example" of a firm or company performing SWOT analysis and what are the processes could be performed in each stage of this analysis?

Course: Principle of Healthcare Finances First Question: What are some areas of supervision that a financial manager might be responsible for within a healthcare organization? Answer: Some areas of supervision for financial managers in healthcare organizations are as follows: Financial reporting and budgeting. Procurement of financing, their sources, and ensuring that the organization is legally authorized to procure such finance. Finding new opportunities and analyzing their prospects. Efficient use of available resources. Technological upgrades of medical equipment. Facilitating funds for medical research & development. Second Question: Why is it important for managers to recruit individuals who can work as a team? Answer: Recruiting individuals who can work as a team is important for managers because it ensures that they work better in an organization, hence become more productive. In addition, individuals who can work in a group try to manage the work efficiently and together…

Purpose of This Assignment The Ethics and Social Responsibility competency addresses how to evaluate ethical dilemmas and formulate a defensible resolution. The final assessment for this competency is to write a paper that addresses stakeholder analysis, rules for ethical decision-making, ways to cultivate an ethical corporate culture, business sustainability, and Return on Investment (ROI). Ethics and Social Responsibility Final Assessment: Outline & Rubric In your paper, you should identify the various ethical dilemmas and identify the stakeholders involved in the dilemma. Since the stakeholders have different roles and responsibilities, you should analyze the ethical dilemma(s) from their perspective and identify how the ethical dilemma affects them. You are expected to synthesize what you have learned about ethical decision-making, as well as the “rules” and relevant theories of ethics and the importance of business sustainability, and apply that knowledge to this situation. Item…

Some Career Advice Samuel Jones is a bright, charismatic, African American male, whose career goal is to become a city manager in a large urban area. While attending the MPA program at the University of Delaware, he interned in a small town at the city manager's office. He enjoyed the experience and upon graduating, he sought a similar job in a large urban area, specifically Baltimore and Philadelphia. The jobs in these urban areas in city management are much more specialized and to have the level of responsibility he had in the small town, he would need many years of experience in an urban area. There are positions available in a number of departments in both of these cities. He accepts a posi- tion as a budget analyst in Baltimore upon your recommendation. 1. What do you know about Samuel's career anchors that would make this a good choice for Samuel? 2. What potential barriers would you encourage Samuel to avoid?

Develop a fair procedure that will be used to determine merit raises and then decide the dollar raise to be given to each professor. provide not only the dollar amount of the raises, but also explain the process fordetermining raises and the rationale behind them.SituationSmall State University is located in the eastern part of the United States and has anenrollment of about 8,000 students. The College of Business has 40 full-time and morethan 30 part-time faculty members. The college is divided into five departments:Management, Marketing, Finance and Accounting, Decision Sciences, and InformationTechnology. Faculty members in the Management Department are evaluated each yearbased on three primary criteria: 1) teaching, 2) research, and 3) service. Teachingperformance is based on student course evaluations over a two-year period. Service tothe university, college, profession, and community is also based on accomplishmentsover a two-year period. Research is based on the number of…