Question

Describe “sink or swim” policies.

Describe “sink or swim” policies.

Homework Answers

Answer #1

Answer : A sink or swim policy means that a person has to save himself by their own means or efforts otherwise they fail. It is a situation in which a person is thrown in water , he must have to swim for survival otherwise died.

In the business scanerio person has directly put into an environment without training. If they want to survive in job than effort has to be made to cope up with the job.

Features:

  • Individuals has to make their own effort and succeed in an environment.
  • There is no requirements of motivator or leader . Every person itself is a leader.
  • Cheaper method as cost of motivator is low.
  • Confidence has been build up in the person
  • Result oriented policy
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Define sources & sinks then describe the process in which sugars move from source to sink...
Define sources & sinks then describe the process in which sugars move from source to sink in a plant.
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim...
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $76.86. The variable cost per unit is $20.53, Poseidon Swim has average fixed costs per year of $17,923. What would be the operating profit or loss associated with the production and sale of 371 swim trunks.
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim...
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $73.51. The variable cost per unit is $23.47, Poseidon Swim has average fixed costs per year of $11,456. What would be the operating profit or loss associated with the production and sale of 354 swim trunks?
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim...
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $38.92. The variable cost per unit is $27.38, Poseidon Swim has average fixed costs per year of $25,880.
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim...
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $66.74. The variable cost per unit is $19.78, Poseidon Swim has average fixed costs per year of $9,202. Assume that current level of sales is 469 units. What will be the resulting percentage change EBIT if they expect units sold to change by 1.4 percent.
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim...
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $71.37. The variable cost per unit is $21.20, Poseidon Swim has average fixed costs per year of $6,880. Assume that current level of sales is 317 units. What will be the resulting percentage change EBIT if they expect units sold to change by 6.2 percent.
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim...
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $61.42. The variable cost per unit is $19.91, Poseidon Swim has average fixed costs per year of $6390. Assume that current level of sales is 494 units. What will be the resulting percentage change in EBIT if they expect units sold to change by 6.2 percent?
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim...
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $63.43. The variable cost per unit is $21.96, Poseidon Swim has average fixed costs per year of $5,193. Assume that the current level of sales is 439 units. What will be the resulting percentage change in EBIT if they expect units sold to changes by 8.0 percent? (You should calculate the degree of operating leverage first).
Describe the differences between policies, procedures, and standards
Describe the differences between policies, procedures, and standards
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim...
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $76.15. The variable cost per unit is $24.52, Poseidon Swim has an average fixed cost per year of $6,922. Assume that the current level of sales is 421 units. What will be the resulting percentage change in EBIT if they expect units sold to change by 1.1 percent? (You should calculate the degree of operating leverage first). Round the answer to two...