BUSINESS FINANCE ASSIGNMENT

Jun 18th, 2015
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1(a) In this case, the front desk receptionist that overtaking of lunch time to run personal errands is being compensated for unproductive time and will cause the company faces losses. The overtime of the receptionist will cause work schedule of colleagues been confounded and will lead to the problem of no enough manpower in front desk

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1(a)In this case, the front desk receptionist that overtaking of lunch time to run personalerrands is being compensated for unproductive time and will cause the company faces losses.The overtime of the receptionist will cause work schedule of colleagues been confoundedand will lead to the problem of no enough manpower in front desk and the company has topay someone to take her place during her absence. This will make the customers waiting fora long time and not satisfied with the services provided.By short of firing the receptionist can dealt this problem. To make sure the companyact and rules will be comply fully by all staff, the laid off of the receptionist or reducing thecost to the firm by reducing her pay for the lost work by the company can as an example toother staff by execute one as a warning to other. Hence, no staff will make this mistake againand company can avoid from unnecessary losses.1(b)In this case, the action of managers will make the incorrect information to be used byothers and the companys profits reflect the error. The costs to the firm are in the form ofopportunity costs. Money that padding to cover the imbalance costs of this project are notavailable to fund other projects which may help to increase shareholder wealth only. In thelong-run period, this will cause other managers or company makes a wrong decision onplanning and launching project that will cause a loss. The company also will be charged bytax inspection officer on r

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