Barry Miller The Promotion to First-Line Manager Took Place Just Six Weeks

question 80

Multiple Choice

Barry Miller
The promotion to first-line manager took place just six weeks ago for Barry Miller. He was well-qualified for the promotion, but the new job still required a lot of training. One of the challenges has been to coordinate his team's production with the needs of the sales department and with the availability of raw materials from his suppliers. Setting priorities and developing schedules to accomplish the work is a part of Barry's job that he has really enjoyed. The challenges to maintain high rapport and to build a strong team with his employees have already brought him a lot of satisfaction. In reflecting about the last six weeks, Barry concludes that he is very happy about his new job.
In his job, Barry needs to:

• A) plan.
• B) organize.
• C) lead.
• D) control.
• E) do all of these.

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Definitions:

Net Operating Income

Earnings derived from a company's regular business operations, excluding deductions of interest and taxes.

Break-even Points

The level of sales or production at which total revenues equal total expenses, resulting in no profit or loss.

Fixed Expenses

Costs that do not fluctuate with changes in production level or sales volume, such as rent or salaries.

Unit Product Cost

The total expense incurred to manufacture or produce one unit of a product, including direct materials, labor, and overhead costs.