Answer all questions. a. There are 750 non-management staff in an organization who are to be equally distributed such that each manager has 150 of such non-management staff. If each manager is paid an amount of $3,350 each month, how much would be paid in total in the first quarter of a given calender year as salaries to the managers? b. For the same time period as in (a) above, how much would be paid to managers if each is assigned 30 non-managerial staff? c. Assuming that all managers are very qualified and highly competent, which of the cases would result I efficiency in cost terms? Case (a) or (b)? d. Also, Assuming that all managers are very qualified and highly competent, which of the cases would result in effectiveness? Case (a) or (b)?
Answer all questions. a. There are 750 non-management staff in an organization who are to be equally distributed such that each manager has 150 of such non-management staff. If each manager is paid an amount of $3,350 each month, how much would be paid in total in the first quarter of a given calender year as salaries to the managers? b. For the same time period as in (a) above, how much would be paid to managers if each is assigned 30 non-managerial staff? c. Assuming that all managers are very qualified and highly competent, which of the cases would result I efficiency in cost terms? Case (a) or (b)? d. Also, Assuming that all managers are very qualified and highly competent, which of the cases would result in effectiveness? Case (a) or (b)?
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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Answer all questions.
a. There are 750 non-management staff in an organization who are to be equally distributed such that each manager has 150 of such non-management staff. If each manager is paid an amount of $3,350 each month, how much would be paid in total in the first quarter of a given calender year as salaries to the managers?
b. For the same time period as in (a) above, how much would be paid to managers if each is assigned 30 non-managerial staff?
c. Assuming that all managers are very qualified and highly competent, which of the cases would result I efficiency in cost terms? Case (a) or (b)?
d. Also, Assuming that all managers are very qualified and highly competent, which of the cases would result in effectiveness? Case (a) or (b)?
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