Ask Question
BusinessBusiness
21 July, 23:09

Why would any company admit to having so many variables that could hurt their performance

+1
Answers (1)
  1. 22 July, 01:30
    0
    Answer: By companies I assume you mean profit oriented business - that is organisations that are not NGOs. Most profit oriented businesses would not admit having variables that could hurt their performance to shareholders or to the general public in order not to discourage potential investors

    Explanation: Employers or upper management may explain/expose variables that are hurting the company's growth to employees in order to make them feel like part of the team/decision making process and also to encourage them to do more work. In rare cases a company might expose their negative variables in order to discourage being bought over by their competitors or garner public sympathy. However this almost always backfires.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Why would any company admit to having so many variables that could hurt their performance ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Consider the following income statement for Kroger Inc. (all figures in $ Millions): Year 2006 2005 2004 Total Sales 60,553 56,434 53,791 Cost of goods sold 45,565 42,140 39,637 Selling, general & admin expenses 11,688 12,191 11,575 Depreciation
Answers (1)
You have $200 in your account. You are very responsible. What is the maximum amount of money you should spend? A. $199. B. $225. C. $200. D. $100.
Answers (2)
Why do managers consider direct costs to be more accurate than indirect costs?
Answers (1)
Concord Corporation sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts. During the last part of 2017, Concord had the following transactions related to notes payable. Sept.
Answers (1)
Ziad Company had a beginning inventory on January 1 of 270 units of Product 4-18-15 at a cost of $19 per unit. During the year, the following purchases were made. Mar. 15 720 units at $22 Sept. 4 630 units at $25 July 20 450 units at $23 Dec.
Answers (1)
New Questions in Business
You want to create a slide that lists the pros and cons of using cloud storage as part of your presentation on business technology. Which pre-set layout would you want to use? A. Content with caption B. Title only C.
Answers (2)
Two or more products are produced using limited resources. The firm would like to determine how many units of each product it should produce to maximize overall profit given its limited resources.
Answers (1)
1. Calculate owners' equity. Doughnut Company shows $130,000 worth of assets on its December 31, 2009, balance sheet. If total liabilities are $55,800, what is the amount of owners' equity?
Answers (1)
The term "constant returns to scale" describes a situation where expanding all inputs does not change the average cost of production. a larger-scale firm can produce at a lower cost than a smaller-scale firm.
Answers (1)
When you visit a campus, you should plan to do all of the following except. A. stay the night in a dorm. B. meet with a professor. C. sit in on a class lecture. D. attend a college party.
Answers (2)
Home » Business » Why would any company admit to having so many variables that could hurt their performance
Sign Up Forgot Password?