Answer:
1. Immediate Environment: COMPANY - g. Amazon spent $14B building warehouse bigger & closer to customers
These are actions that in which the company deals within itself.
2. Immediate Environment: COMPETITOR - c. Best Buy introduced price matching even for online offers to promote instore purchased.
These are actions relating to competitors in the market.
3. Immediate Environment: COLLABORATORS - e. Vendor Flex places Amazon employees at suppliers warehouses to lower shipping costs.
These are actions between a few companies in a less in a market working together.
4. Macro Environment: Political/Regulatory/Legal - b. Marketplace Fairness Act of 2013-- specifies how online retailers collect sales tax.
At Macro level this reflects actions by the Government meant to govern the industry.
5. Macro Environment: Economic - d. E-commerce, up 13% year, while mobile commerce is growing at twice that rate.
This refers to the general economy and how it is moving.
6. Macro Environment: Social/cultural - a. Showrooming: pricing in one store & while still there using mobile to purchase online.
Refers to Socio-cultural actions that are widespread in the society or not unique to individual entities such as Showrooming.
7. Macro Environment: Technological - f. 80% of new phone purchases are smartphones allowing online shopping.
This describes the general actions of the society in relations to technological improvements or advancements.
If a website is designed with responsive design concepts, then
If a website is designed with responsive design concepts, then it appears correctly on any device regardless of screen size.
A well-designed website will be easy to use and navigate, with clear and consistent branding throughout. It will also have a strong visual identity, with carefully selected imagery and typography that reinforces the overall message.
The individual design concepts on each page need to work together to create a cohesive whole. The layout should be easy to follow, with a clear hierarchy of information.
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In 2014, there were about 7 billion cell phone subscribers in the world. During the next 5 years, the number of cell phone subscribers increased by about 3% each year.
There were approximately 8.17 billion cell phone subscribers in the world in 2019
To calculate the number of cell phone subscribers in the world in 2019, we need to find the total increase in the number of subscribers over the five-year period, and add it to the initial number of subscribers in 2014.
First, let's calculate the increase in the number of subscribers each year:
Year 1: 7 billion x 0.03 = 210 million
Year 2: (7 billion + 210 million) x 0.03 = 221.7 million
Year 3: (7 billion + 210 million + 221.7 million) x 0.03 = 233.51 million
Year 4: (7 billion + 210 million + 221.7 million + 233.51 million) x 0.03 = 245.85 million
Year 5: (7 billion + 210 million + 221.7 million + 233.51 million + 245.85 million) x 0.03 = 258.76 million
Now we can add up the total increase over the five-year period:
210 million + 221.7 million + 233.51 million + 245.85 million + 258.76 million = 1.16982 billion
Finally, we can add this total to the initial number of subscribers in 2014:
7 billion + 1.16982 billion = 8.16982 billion
Therefore, there were approximately 8.17 billion cell phone subscribers in the world in 2019
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Full Question: "In 2014, there were about 7 billion cell phone subscribers in the world. During the next 5 years, the number of cell phone subscribers increased by about 3% each year. How many cell phone subscribers were there in the world in 2019?"
9. Is it ever okay to argue or disagree with your boss? Why?
Yes, Is it ever okay to disagree with your boss in a case whereby the ethics of the organization is not followed.
What is ethics?As it investigates what is morally right or wrong, just or unjust, ethics looks at the intellectual justification for our moral judgements.
The study of ethics, often known as moral philosophy, "involves systematizing, defending, and endorsing conceptions of good and bad action," according to Wikipedia. Axiology is a subfield of philosophy that consists of the fields of ethics and aesthetics. These fields are concerned with issues of value.
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Business leaders will be more effective if they are first able to prevent
A.Necessary attrition
B.Poor Training
C.Wage increases
D.legal issues
Business leaders will indeed be much more effective if they can prevent B. Poor Training.
Being an effective business leader.Need to be able to strategize effectively.Need to be supported by a good workforce.If the employees are poorly trained , they will lack the requisite skills required to properly back up their leaders. If these leaders can therefore limit this poor training, they would be much more effective.
In conclusion, option B is correct.
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design an approach that your team would recommend for Joseph and Nicholas to cover one area each that you deem necessary to aid in the planning and controlling functions
The combines strategic planning, performance measurement, effective communication, and continuous improvement to support Joseph and Nicholas in their planning and controlling functions. It ensures a well-defined direction, data-driven decision-making, collaboration, and a focus on growth and adaptability.
In order to aid in the planning and controlling functions, the following approach can be recommended to Joseph and Nicholas:
1. Establish Clear Objectives and Goals: The first step in planning is to establish clear objectives and goals for the team. It is important to have a clear understanding of what needs to be accomplished and what the team's priorities are.
2. Assign Responsibilities: Assigning specific responsibilities to team members helps to ensure that everyone is working towards a common goal. Joseph and Nicholas should each be assigned to cover one area that is necessary for planning and controlling functions. This will help to ensure that all aspects of the project are covered and that there is no overlap or duplication of efforts.
3. Develop a Schedule: Developing a schedule that outlines the key milestones and deadlines for the project is essential to effective planning and control. This will help to ensure that the project stays on track and that deadlines are met.
4. Monitor Progress: Regularly monitoring progress against the schedule and objectives is necessary to ensure that the project is progressing as planned. This will help to identify any issues or problems that arise and allow for corrective action to be taken.
5. Communicate: Effective communication is critical to the success of any project. Joseph and Nicholas should establish a regular communication schedule to ensure that everyone is up-to-date on the project's progress, any issues or problems that arise, and any changes to the schedule or objectives.
6. Make Adjustments: Finally, it is important to be flexible and make adjustments as needed. If the project is not progressing as planned, adjustments may be necessary to the schedule or objectives to ensure that the project stays on track and that goals are met.
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The goal of the review in a business presentation is to Multiple choice question. compel audience members to consider taking specific actions. lead audience members in participating in a dramatic demonstration. tie together the meaning of any visual aids used in the presentation. provide a brief evaluation of the speaker's reaction to audience members.
Answer:
provide a brief evaluation of the speaker's reaction to audience members.
Explanation:
In a business presentation review, the main objective is to provide a brief assessment of the speaker's reaction to audience members, that is, the objective is to share with the members of that company how business was conducted, what efforts were achieved and how company is moving into the market. Sharing a brief assessment of the speaker's reaction with members helps to create a sense of belonging to the company, identification of members and satisfaction with the results achieved, thus increasing reliability and appreciation at work, strengthening integration, productivity and organizational culture.
To what extent do you consider that paperwork will be replaced in offices by data communicated via computer within the next twenty years? What effect may this have on internal communication? Discss
Paperwork is likely to be largely replaced by data communicated via computer in offices within the next twenty years.
This shift will have a significant impact on internal communication, making it faster, more efficient, and easier. However, it may also lead to concerns about data security and privacy, as well as a potential loss of face-to-face interaction and social cohesion within the workplace.
What is data security?
Data security refers to the protection of digital data and information from unauthorized access, use, disclosure, modification, or destruction. It involves implementing measures and controls to ensure the confidentiality, integrity, and availability of data, as well as protecting against data breaches, cyber attacks, and other forms of malicious or accidental data loss.
Data security is critical in protecting sensitive and confidential information such as personal and financial data, intellectual property, and trade secrets, and is essential for maintaining the trust of customers, partners, and stakeholders.
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Marc, a single taxpayer, earns $122,000 in taxable income and $3,800 in interest from an investment in city of Birmingham Bonds. Using the U.S. tax rate schedule for year 2018, what is his effective tax rate? (Use Tax rate schedules)
https://ezto-cf-media.mheducation.com/Media/Connect_Production/bne/accounting/spilker_10e/taxrateschedule2018.htm
Multiple Choice
24.99%
18.74%
19.91%
26.68%
None of the choices are correct.
Answer:
None of the choices are correct
Explanation:
Given:
Income from city bond = $122,000
Find:
Effective tax rate
Computation:
We know thar Marc is single tax payee
So,
As per rule
Federal tax = $14,089.50 + (Income - $82,500)24%
Federal tax = $14,089.50 + ($122,000 - $82,500)24%
Federal tax = $23,569.50
Effective tax rate = (Federal tax / Income)100
Effective tax rate = [23,569.50/122,000]100
Effective tax rate = [0.1931]100
Effective tax rate = 19.31% (Approx.)
Your interest rate is compounded annually ,beginning balance $1166.40 annual rate 8%, how much will you earn in interest alone?
You will earn $93.31 in interest alone.
To calculate the amount of interest you will earn, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = the final amount
P = the principal amount (beginning balance)
r = annual interest rate (in decimal form)
n = number of times interest is compounded per year
t = number of years
In this case, the beginning balance is $1166.40, the annual interest rate is 8%, and the interest is compounded annually.
First, we need to convert the annual interest rate to a decimal form by dividing it by 100: 8% / 100 = 0.08.
Next, we substitute the values into the formula:
A = 1166.40(1 + 0.08/1)^(1*1)
Simplifying the equation, we have:
A = 1166.40(1.08)
Now, we can calculate the final amount
A = $1166.40 * 1.08
A = $1259.71
To find the amount of interest earned, we subtract the principal amount (beginning balance) from the final amount:
Interest earned = $1259.71 - $1166.40
Interest earned = $93.31
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Which of the following is generally NOT true and an advantage of going public? a. Facilitates stockholder diversification. b. Makes it easier to obtain new equity capital. c. Makes it easier for owner-managers to engage in profitable self-dealings. d. Establishes a market value for the firm. e. Increases the liquidity of the firm's stock.
Answer:
c.
Explanation:
Based on the answer choices provided it can be said that the option that is not true and an advantage would be that going public Makes it easier for owner-managers to engage in profitable self-dealings. Self dealings involves a deal in which the trustee/corporate official acts more in their own self interest as opposed to the interest of the beneficiary. This would be extremely difficult and not an advantage if the company decides to go public due to them being watched and scrutinized by the public eye. Therefore an action like this would end up badly hurting the company.
A new app was released providing consumers with digital coupons for products the consumer indicates they frequently purchase. The app gives different users coupons with different values and shares purchasing as well as demographic information with the product manufacturer. Under what circumstances would the information sharing with product manufacturers be ethical?
The circumstances that the information would be sharing with product manufacturers be ethical when new app was released providing consumers with digital coupons for products the consumer indicates they frequently purchase is if the app's terms of service indicated who they would be sharing information with and what information would be shared.
What is ethics?Ethics can be described as the moral principles which is been set so as to able to govern a person's behaviour as well as to be able to conduct an activity.
It should be noted that every organization that want to be successful must have the ethics which is the guiding principle that will guide their member of the organization as well as the way they carry out their function in the organization.
In conclusion, in dealing with the app as described in the question then the ethics require that app's terms of service must be followed.
Therefore, the first option is correct.
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Check the missing options:
if the app's terms of service indicated that different users would receive different discount values This scenario is never ethical. if the app ensured that their targeting was not discriminatory based on race, ethnicity, gender, age, or disability if the app's terms of service indicated who they would be sharing information with and what information would be shared
A business tries to earn a profit by providing ? and ?
Answer:
Goods and services
Explanation:
hope its helpful
A business tries to earn a profit by providing goods and services.
A business aims to generate profit by offering valuable goods or services to customers in exchange for payment. Profit is the financial gain earned by a business after deducting its expenses from its revenues.
The provision of goods refers to the production, manufacturing, or sourcing of tangible products that fulfill customer needs or desires. This can include items such as clothing, electronics, furniture, or food.
The provision of services involves offering intangible benefits or performing specific tasks for customers. Services can range from professional expertise, such as legal or consulting services, to everyday services like hairdressing, transportation, or healthcare.
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Keller Company makes two models of battery-operated boats, the Sandy Beach and the Rocky River. Basic production information follows:
Sandy Beach Rocky River
Direct materials cost per unit $ 20 $ 28
Direct labor cost per unit 15 19
Sales price per unit 70 90
Expected production per month 1,200 units 960 units
Keller has monthly overhead of $22,360, which is divided into the following activity pools:
Setup costs $ 5,200
Quality control 11,000
Maintenance 6,160
Total $ 22,360
The company also has compiled the following information about the chosen cost drivers: Sandy Beach Rocky River Total
Number of setups 14 26 40
Number of inspections 140 300 440
Number of machine hours 1,400 1,400 2,800
Required:
Suppose Keller uses a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line.
Calculate the production cost per unit for each of Keller’s products under a traditional costing system.
Calculate Keller’s gross margin per unit for each product under the traditional costing system.
Select the appropriate cost driver for each activity pool and calculate the activity rates if Keller wanted to implement an ABC system.
Assuming an ABC system, assign overhead costs to each product based on activity demands.
Calculate the production cost per unit for each of Keller’s products with an ABC system.
Calculate Keller’s gross margin per unit for each product under an ABC system.
Compare the gross margin of each product under the traditional system and ABC.
1) Overhead rates using the traditional costing method = budgeted overhead costs/Machine hours
Overhead rates using the traditional costing method = 22360/2800
Overhead rates using the traditional costing method = $7.9857
Amount of overhead assigned to Sandy beach = Overhead rates using the traditional costing method * Machine hour
Amount of overhead assigned to Sandy beach = 7.9857×1400
Amount of overhead assigned to Sandy beach = $11180
Amount of overhead assigned to Rocky River = Overhead rates using the traditional costing method * Machine hour
Amount of overhead assigned to Rocky River = 7.9857×1400
Amount of overhead assigned to Rocky River = $11180
What is Overhead cost?Costs associated with running a business that is not directly tied to the creation of goods or services but is still required.
2) Sandy Beach Rocky River
Direct Material 20.00 28.00
Direct Labor 15.00 19.00
Overhead Cost 9.32 11.65
Production cost per unit 44.32 58.65
3) Sandy beach :
Gross Margin = Sale Price—Production cost per unit
Gross Margin = 70-44.32
Gross Margin = 25.68
Rocky River :
Gross Margin = Sale Price - Production cost per unit
Gross Margin = 90-58.65
Gross Margin = 31.35
4) Activity Cost Pool Estimated
Overhead Expected Use of Cost
Drivers per Activity Activity Rate
[a] [b] [c] [b/c]
Setup costs 5,200 40 130.00 per setup
Quality control 11,000 440 25.00 per inspection
Maintenance 6,160 2800 2.20 per MHR
5) Assign overhead costs :
Sandy beach = $ 8400
Rocky River = $ 13,960
6) Sandy Beach Rocky River
Direct Material 20.00 28.00
Direct Labor 15.00 19.00
Overhead Cost 7.00 14.54
Production cost per unit 42.00 61.54
7) Sandy beach
Gross Margin = Sale Price—Production cost per unit
Gross Margin = 70-42
Gross Margin = 28
Rocky River
Gross Margin = Sale Price - Production cost per unit
Gross Margin = 90-61.54
Gross Margin = 28.46
8) Sandy Beach Rocky River
Gross Margin as per Traditional Costing 25.68 31.35
Gross Margin as per Activity Based Costing 28 28.46
Difference 2.32 2.89
Therefore, refer to the image for more detailed answers.
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Two agencies that focus on protecting employees are? (A)-SEC and EPA (B)-ATF and EEOC (C)-FDA and CPSC (D)-OSHA and EEOC
Answer:
(D)-OSHA and EEOC
Explanation:
OSHA stands for Occupational Safety and Health Administration. It is a government agency that was established by Congress to promote and ensure a safe workplace for all employees. OSHA has developed guidelines and regulations to be implemented in all workplaces to guarantee the safety and health of employees. The agency employs field officers who visit workplaces to ensure compliance with set regulations.
EEOC stands for Equal Employment Opportunity Commission. It is an agency in the US responsible for promoting fairness and equal treatment for all workers. EEOC enforces laws that make it unlawful to discriminate against any employees based on race, age, color, religion, gender, sexual orientation, national origin, disability, or genetic information.
"The currency speculator who sells futures contracts assumes the risk that someone else doesn't want to assume." Do you agree or disagree? Explain your answer.
I agree with the statement "The currency speculator who sells futures contracts assumes the risk that someone else doesn't want to assume."
In the currency futures market, there are always two parties involved in a transaction - a buyer and a seller. The buyer of a futures contract is typically a hedger who is looking to protect against currency price fluctuations, while the seller is typically a speculator who is looking to profit from those price fluctuations.
When a currency speculator sells a futures contract, they are essentially taking on the risk that the hedger is looking to offload. The hedger is willing to pay a premium for the futures contract to transfer the risk to someone else.
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What human right issues are particularly of concern to you on www.fda.gov & why?
Answer:
Access to safe and effective medical products
Clinical trial transparency
protecting vulnerable populations
Explanation:
Access to safe and effective medical products: The FDA is responsible for ensuring that drugs, medical devices, and other products are safe and effective for use by the public. This includes ensuring access to medical products for all individuals, regardless of their race, ethnicity, or other personal characteristics.
Clinical trial transparency: The FDA is committed to increasing transparency in clinical trials and ensuring that the results of these trials are widely available to the public. This is important for both promoting scientific progress and protecting the rights of human subjects in clinical trials.
Protecting vulnerable populations: The FDA is committed to protecting the rights of vulnerable populations, such as children, pregnant women, and elderly individuals, who may be more susceptible to the risks associated with medical products. The FDA has policies in place to ensure that these populations are not subjected to unnecessary harm from medical products.
Motor Sales sold its old office furniture for $9000. The original cost was $17,000, and at the time of sale, accumulated depreciation was $14,000. What is the effect of this transaction?
a. gain of $9000
b. gain of $6000
c. loss of $6000
d. loss of $9000
Based on the given information, the effect of this transaction is a gain of $6000. Thus the correct option is B.
What is depreciation?The continual loss of an asset's worth over time as a result of damage, obsolescence, or other circumstances is known as depreciation. The cost of an asset is divided throughout the asset's useful life using this accounting technique.
To determine the effect of this transaction, we need to calculate the carrying value of the furniture at the time of sale.
Carrying value = Original cost - Accumulated depreciation
Carrying value = $17,000 - $14,000
Carrying value = $3,000
Given that, the furniture was sold for $9,000.
Gain = Sale price - Carrying value
Gain = $9,000 - $3,000
Gain = $6,000
Therefore, the answer B is appropriate.
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6. Comparative advantage is when A. B. C. D.
A. one person can produce more of a good than another person.
B. one person can produce a good at a lower opportunity cost than another person.
C. Two parties can complete a task equally well.
D. one person can produce a good at a higher opportunity cost than another person.
B. one person can produce a good at a lower opportunity cost than another person.
Comparative advantage is a concept in economics that refers to the ability of a person, firm, or country to produce a good or service at a lower opportunity cost than another. Opportunity cost is the cost of forgoing an alternative opportunity in order to pursue a particular action. Hence, the correct option will be B: one person can produce a good at a lower opportunity cost than another person.
For example, let's say Person A can produce 10 units of product X or 5 units of product Y in one hour, while Person B can produce 8 units of product X or 4 units of product Y in one hour. Person A has an absolute advantage in producing both X and Y, as they can produce more of each product than Person B. However, Person B has a comparative advantage in producing product Y, as they can produce it at a lower opportunity cost than Person A, since they have to give up less of their production of product X to produce product Y.
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Strategies on how to minimize expenses in cooking?
Answer:
1. Calculate Your Food Costs
2. Be Consistent When Calculating Inventory
3. Work with Your Food Suppliers
4. Join a Group Purchasing Organization
5. Manage Your Food Orders
6. Implement Restaurant Portion Control
7. Use the First In, First Out (FIFO) Method
8. Utilize Your Daily Specials
9. Keep Your Staff Informed
Explanation:
with vivid example from Tanzania explain how commerce completes production process
Answer:
Commerce is a fundamental part of the productive economic process, through which the goods and services that were produced in an economy are placed on the market. Thus, it is part of the third sector of the economy, capitalizing production and supplying the public with the goods and services it needs for its daily development.
Thus, for example, the Tanzanian economy is made up of 80% agricultural production, which makes up the primary sector of the economy. This country lacks a developed industrial structure, so its secondary sector is very short. Now, the agricultural products that are produced in the country are marketed both in the domestic market and through exports, with which the tertiary sector of the Tanzanian economy is based in turn on the nation's primary production.
who is the eskom manger
Answer:
André de Ruyter is the CEO
Which of the following does Content Marketing helps with?
Content Marketing helps with Option D. All the above.
Content marketing is a strategic marketing approach that aims to create valuable, relevant, and engaging content for the targeted audience to increase their engagement and loyalty towards the brand. It involves the creation and sharing of various types of content, such as blog posts, articles, videos, infographics, and social media posts, to attract and retain customers.
Content marketing can help businesses achieve various objectives, including:
SEO (Search Engine Optimization): Content marketing can help businesses improve their SEO ranking by creating and publishing high-quality, relevant, and valuable content that includes relevant keywords, meta descriptions, and tags. When the audience engages with this content, it signals to search engines that the content is useful and relevant, which can improve the website's ranking on search engine result pages.
Brand building: Content marketing can help businesses establish themselves as thought leaders in their industry by creating and sharing high-quality content that offers value to their target audience. By consistently creating valuable content, businesses can build trust, credibility, and authority among their target audience, which can ultimately lead to increased brand awareness, loyalty, and advocacy.
Social media reach: Content marketing can help businesses increase their social media reach by creating and sharing valuable and engaging content on social media platforms. By creating shareable content, businesses can attract more followers, increase engagement, and drive traffic to their websites, ultimately leading to increased conversions and sales.
Overall, content marketing is a powerful marketing tool that can help businesses achieve various objectives, including SEO, brand building, and social media reach. It involves creating and sharing high-quality, relevant, and valuable content that resonates with the targeted audience to increase engagement, loyalty, and conversions. Therefore, the correct option is D.
The question was incomplete, Find the full content below:
Which of the following does Content Marketing helps with?
A. SEO
B. Brand Building
C. Social Media Reach
D. All the above
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select one country and consider the export of that country what is the reason for the export
Answer:
nepal
Explanation:
reason for export: to sell the product in different places
hiring others to perform some of the noncore activities and decision making in a company's value chain, rather than having the company and its employees continue to perform those activities, is called
Hiring others to perform some of the noncore activities and decision making in a company's value chain, rather than having the company and its employees continue to perform those activities, is called Outsourcing.
What is Outsourcing?Outsourcingcan be described as the way tat a omany can seek for labor outside the company, this method is usually used when a firm is seeking for a cheap labor.
It should be noted that some comapany do outsource from outside the company while some do perform outsourcing within the country all for cheap labor.
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Financial markets bring together people interested in purchasing or selling
what?
the market place is off
If Devin is purchasing a $1,500 stereo system making monthly payments for a
year and is given a "same as cash" financing promotion, what will his monthly
payment be?
A. $125
B. $150
C. $75
D. $120
Answer: Answer is A
Explanation:
If Devin is purchasing a $1,500 stereo system making monthly payments for a year and is given a "same as cash" financing promotion, There will his monthly payment be $125. Thus, option (a) is correct.
What is promotion?
Promoting products and services in the marketplace is referred to as "promotion." A paid and unpaid payment is the promotion. In order to promote itself, the business releases a new product. Public purchasing is influenced by the promotion of the goods and services. Public relations, advertising, sales promotion, and direct marketing are the four different methods of promotion.
Determine the promotion of the monthly payment to be:
Given the amount are:
Devin is purchasing a $1,500 stereo system.
Monthly payment given to the cash is 12 months.
The promotion of the monthly payment = ?
The promotion of the monthly payment = 1500 ÷ 12
The promotion of the monthly payment = $125
As a result, the promotion of the monthly payment will be $125. Therefore, option (a) is correct.
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1) Giving examples explain Eight (8) types of leadership styles(10mks)
2) Explain the do’s and don’ts of communication(5mks)
3) Explain the how managers can use motivation theories to motivate employees(10mks)
Answer:
1) Eight types of leadership styles are:
a) Autocratic Leadership: This style of leadership involves the leader making all the decisions and giving orders to subordinates without getting any input or feedback from them. This style is useful in situations where quick decisions need to be made, but it can lead to resentment and low morale among employees.
b) Democratic Leadership: This style of leadership involves the leader encouraging participation and input from subordinates in decision-making. This style can lead to higher job satisfaction and greater commitment among employees, but it can also lead to slower decision-making and lack of accountability.
c) Laissez-Faire Leadership: This style of leadership involves the leader delegating decision-making and responsibility to subordinates. This style can be useful in situations where employees are highly skilled and motivated, but it can also lead to lack of direction and accountability.
d) Transactional Leadership: This style of leadership involves the leader using rewards and punishments to motivate employees. This style can be effective in achieving short-term goals, but it can also lead to lack of creativity and innovation.
e) Transformational Leadership: This style of leadership involves the leader inspiring and motivating employees to achieve shared goals. This style can lead to high levels of job satisfaction and commitment, but it can also be difficult to implement and maintain.
f) Servant Leadership: This style of leadership involves the leader putting the needs of employees first and serving them. This style can lead to high levels of trust and loyalty among employees, but it can also be difficult to implement and maintain.
g) Charismatic Leadership: This style of leadership involves the leader using their personality and charisma to inspire and motivate employees. This style can be effective in achieving short-term goals, but it can also be risky if the leader becomes too focused on their own goals and needs.
h) Situational Leadership: This style of leadership involves the leader adapting their style to fit the situation and needs of the employees. This style can be effective in achieving a balance between task and relationship-oriented leadership, but it can also be difficult to implement and maintain.
2) The do's and don'ts of communication are:
Do's:
a) Be clear and concise in your communication.
b) Use active listening to understand the other person's perspective.
c) Use appropriate body language and tone of voice to convey your message.
d) Use examples and anecdotes to illustrate your points.
e) Provide feedback and ask for feedback to improve communication.
Don'ts:
a) Interrupt the other person while they are speaking.
b) Use offensive language or tone of voice.
c) Assume that the other person understands your perspective.
d) Make assumptions or judgments about the other person without getting their input.
e) Use distractions or multitasking while communicating.
3) Managers can use motivation theories to motivate employees by:
a) Understanding the needs and goals of the employees.
b) Providing rewards and recognition for good performance.
c) Creating a positive work environment that fosters creativity and innovation.
d) Offering opportunities for growth and development.
e) Encouraging teamwork and collaboration.
f) Providing regular feedback and communication.
g) Setting clear goals and expectations.
h) Providing training and support for employees to achieve their goals.
i) Creating a culture of trust and respect.
j) Encouraging autonomy and responsibility.
Answer:
Explanation:
1) Eight types of leadership styles are:
a) Autocratic Leadership: This style of leadership involves the leader making all the decisions and giving orders to subordinates without getting any input or feedback from them. This style is useful in situations where quick decisions need to be made, but it can lead to resentment and low morale among employees.
b) Democratic Leadership: This style of leadership involves the leader encouraging participation and input from subordinates in decision-making. This style can lead to higher job satisfaction and greater commitment among employees, but it can also lead to slower decision-making and lack of accountability.
c) Laissez-Faire Leadership: This style of leadership involves the leader delegating decision-making and responsibility to subordinates. This style can be useful in situations where employees are highly skilled and motivated, but it can also lead to lack of direction and accountability.
d) Transactional Leadership: This style of leadership involves the leader using rewards and punishments to motivate employees. This style can be effective in achieving short-term goals, but it can also lead to lack of creativity and innovation.
e) Transformational Leadership: This style of leadership involves the leader inspiring and motivating employees to achieve shared goals. This style can lead to high levels of job satisfaction and commitment, but it can also be difficult to implement and maintain.
f) Servant Leadership: This style of leadership involves the leader putting the needs of employees first and serving them. This style can lead to high levels of trust and loyalty among employees, but it can also be difficult to implement and maintain.
g) Charismatic Leadership: This style of leadership involves the leader using their personality and charisma to inspire and motivate employees. This style can be effective in achieving short-term goals, but it can also be risky if the leader becomes too focused on their own goals and needs.
h) Situational Leadership: This style of leadership involves the leader adapting their style to fit the situation and needs of the employees. This style can be effective in achieving a balance between task and relationship-oriented leadership, but it can also be difficult to implement and maintain.
2) The do's and don'ts of communication are:
Do's:
a) Be clear and concise in your communication.
b) Use active listening to understand the other person's perspective.
c) Use appropriate body language and tone of voice to convey your message.
d) Use examples and anecdotes to illustrate your points.
e) Provide feedback and ask for feedback to improve communication.
Don'ts:
a) Interrupt the other person while they are speaking.
b) Use offensive language or tone of voice.
c) Assume that the other person understands your perspective.
d) Make assumptions or judgments about the other person without getting their input.
e) Use distractions or multitasking while communicating.
3) Managers can use motivation theories to motivate employees by:
a) Understanding the needs and goals of the employees.
b) Providing rewards and recognition for good performance.
c) Creating a positive work environment that fosters creativity and innovation.
d) Offering opportunities for growth and development.
e) Encouraging teamwork and collaboration.
f) Providing regular feedback and communication.
g) Setting clear goals and expectations.
h) Providing training and support for employees to achieve their goals.
i) Creating a culture of trust and respect.
j) Encouraging autonomy and responsibility
According to the above material, there exist large differences between economic growth rate using traditional expenditure approach and the satellite night-light data. How do you evaluate the night-light data method? and can you identify several reasons why there exists such differences?
The use of satellite night-light data as a method to evaluate economic growth has both strengths and limitations. Reasons for Differences between Traditional Expenditure Approach and Night-light Data: Informal Economy, Data Limitations, Urbanization Bias and Structural Changes.
Here is an evaluation of the night-light data method and several reasons for the differences observed between the traditional expenditure approach and the night-light data:
Evaluation of the Night-light Data Method:
Objective and Timely: Satellite night-light data provides an objective and timely measure of economic activity. Wide Coverage: Night-light data can cover large geographical areas, including remote and inaccessible regions. Granularity: The data can be analyzed at a fine-grained level, allowing for detailed spatial analysis of economic patterns. This can help identify pockets of growth and disparities within regions.Reasons for Differences between Traditional Expenditure Approach and Night-light Data:
Informal Economy: The traditional expenditure approach relies on official economic data, which may not fully capture the informal sector. Data Limitations: Night-light data has its limitations. It primarily measures economic activity related to lighting, which may not capture other dimensions of economic growth such as services or knowledge-based industries. Urbanization Bias: Night-light data tends to be more representative of urban areas with higher population density and greater access to electricity. Structural Changes: The traditional expenditure approach focuses on consumption and investment, while night-light data primarily captures the energy consumption associated with lighting.For such more question on economic:
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Why would someone use an LLC instead of a S-Corporation? Include in your answer the limitations on who can own an S Corporation
Because they offer liability similar to that of a corporation but are simpler to set up and have less regulatory requirements than other types of corporations, LLCs are popular.
Briefing:-Due to the personal liability protection provided by LLCs, the owner's personal assets are shielded from creditors' claims.
Why choose an LLC over a corporation?The fact that the LLC can provide pass-through taxes without having to comply with Subchapter S rules is a significant benefit over the S company.
Why would someone decide on a S company over a partnership to conduct business?The ability of a S corporation to transfer profits on to the shareholders is one of its advantages. Many business owners use this legal framework due to this benefit.
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According to money measurement concept, which of the following will NOT E the books of accounts? a. search O b. Commission payable to a salesman. O c. Quality of the products O d. a and b Extra profits arising out of revaluation of assets O e. All the above Check
Answer: Commission payable to the salesman
Explanation: According to the money measurement concept, the commission payable to the salesman will be recorded in the books of accounts.
Quality control in business, extra profits made due to the introduction of a budgetary control system are qualitative in nature and cannot be recorded, as according to the money measurement concept, only those transactions which can be measured in terms of money are recorded in the books of accounts.