Answer:
Jan.1
Dr Cash $20,100
Cr Unearned Service Revenue $20,100
Jan.31
Dr Unearned Service Revenue $3350
Cr Service Revenue $3350
Jan.31
Dr Account Fees Receivable $ 570
Cr Service Revenue $ 570
Explanation:
Preparation of the adjusting entry
Journal Entries
Jan.1
Dr Cash $20,100
Cr Unearned Service Revenue $20,100
(Being To record 6 month contract)
Jan.31
Dr Unearned Service Revenue $3350 ($20,100*1/6)
Cr Service Revenue $3350
(Being To record january service fees earned on contract)
Jan.31
Dr Account Fees Receivable $ 570 (30*19)
Cr Service Revenue $ 570
(Being To record unbilled service fees at January 31)
Assuming no change in the nominal wage and a significant increase in human capital, the output per worker will
(A) increase and the real wage will decrease
(B) increase and the real wage will increase
(C)decrease and the real wage will decrease
(R) decrease and the real wage will increase
(E) increase and the real wage will remain unchanged
Assuming no change in the nominal wage and a significant increase in human capital, the output per worker will increase and the real wage will increase
What happens Assuming no change in the nominal wage and a significant increase in human capitaHuman capital investment increases demonstrate workers becoming more skilled, knowledgeable and productive; in turn this should result in higher output per worker at no change to nominal wage;
this increase should then cause real wages (i.e. the purchasing power) to also rise as workers are now producing more valuable output per hour worked; which in turn leads to both greater output as well as compensation increases due to human capital investment resulting in both increased output as well as compensation levels for workers.
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SBA a business from any of the THREE sectors and conduct a research using newspaper clips, business articles, any business magazines, News 24 and a other business websites to answer the following Research (Part A) for your Select a business business questions. (Collect FIVE resources) must be NB After choosing the sector you able to motivate your answer then provide picture/ newspaper article of the business -You must identify challenges experienced by the business and classify those challenges according to the three Business Environments and state the extent of control.
Selecting a business from one of the three sectors, conducting research using newspaper clips, business articles, any business magazines, News 24, and other business websites to answer research (Part A) questions. This article will discuss the challenges faced by the business and classify them based on the three business environments. The business selected for this research is Sasol, which belongs to the primary sector. Sasol is an integrated energy and chemicals firm with operations in over 30 countries and more than 30,000 employees. It mines coal and convert it into synthetic fuels and chemical feedstock. Sasol operates in a challenging environment, and it faces many challenges. However, in this research, we will discuss the most important challenges faced by Sasol. The following are the difficulties Sasol faces: Environmental challenges: Sasol is a large company, and it emits greenhouse gases, which affect the environment. Furthermore, environmental regulations have become more stringent, which is a significant challenge for the company. Sasol must adhere to environmental regulations, which will impact its operations. Sasol must also protect its reputation, which is critical to its success. Sasol should be proactive in responding to environmental challenges by investing in renewable energy and ensuring that it adheres to environmental regulations. Economic challenges: Sasol faces economic challenges, including fluctuating oil prices, currency volatility, and rising operating costs. These issues are beyond the company's control, and they can have a significant impact on Sasol's financial performance. Sasol must adapt to economic changes by diversifying its revenue streams and improving its operational efficiency. Social challenges: Sasol faces social challenges such as workforce diversity, employee engagement, and community relations. Sasol must address these challenges by fostering a diverse and inclusive culture, promoting employee engagement, and engaging with the community. Sasol must also ensure that its business practices align with the expectations of its stakeholders, including customers, employees, and investors. In conclusion, Sasol faces many challenges, which can be classified into three categories: environmental, economic, and social. Sasol has limited control over some of these challenges, but it must be proactive in responding to them to ensure its long-term success.
A business that you can select for this analysis is the importation of cars into a country. Some challenges that may affect the importation of cars include import duties and trade agreements between nations.
What are business challenges?Business challenges refer to those problems that are encountered by entrepreneurs who want to go into any area of trade. For those into the importation of cars and other such items, excessive import duties might be limiting to them.
They may also experieice trade agreements sbetween nations and rising forex that amy not be favorable for trade.
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What is revising?
please help ur gurl out
Revising is the process of reviewing and changing a piece of writing to improve its overall clarity, coherence, and effectiveness. This can include making changes to the structure, organization, tone, word choice, and grammar of a piece of writing. The goal of revising is to ensure that the message of the writing is clear, concise, and effective in communicating the intended meaning to the reader.
Pakistan International Airlines is the national flag-carrier of the Islamic Republic of Pakistan. PIA was founded on October 23, 1946 as Orient Airways based in Calcutta (now Kolkata) in British India. In 1955, Orient Airways was nationalized and merged with other airlines to form ‘Pakistan International Airlines.’ In the decades from the 1950s to the 1970s, PIA was ranked amongst the best airlines in the world. This was acclaimed to be the golden era for Pakistan International Airlines when it provided administrative and technical support to many other airlines, including Emirates. Some of the aviation records set by PIA pilots in those days still stand to this day.
Today, PIA is wracked by many administrative and human resource related problems notably corruption, inefficiency, favoritism, nepotism and overstaffing. Safety has also become a major concern after numerous scandals relating to the qualifications of PIA personnel, and the recent crash in Karachi in May, 2020, that killed 97 people.
If you were made the HR manager in PIA, what would you do to improve employee engagement? Be very specific in giving your recommendations. Write 10-15 bullet points.
Answer:
The HR manager in PIA, what would you do to improve employee engagement is explained below in complete details.
Explanation:
Pakistan International Airlines has been an air journey pioneer since 1955. In PIA, workers are regarded as a necessary asset for the company, so their order is a big obstacle for HR administrators. The largest PIA office is that of Engineering and then comes to other branches like IT, marketing, and finance.
Various Employee engagement ways are:
Employees require feedback, and it defines their level of responsibility. Start by managing check-ins for every operator with their supervisor, supporting middle administration in organizing regular evaluation assemblies with their team as a progressive action to enhance employee engagement.
What company advertised the most in 2023?
The company which made most advertisement in 2023 includes Goo/gle, Netflix and Uber through internet, which is a popular medium of advertising.
Why is internet a popular medium of advertising?The internet has become a popular medium of advertising due to its wide reach, cost-effectiveness, and ability to target specific audiences. With the internet, businesses can reach a vast number of people globally through various channels, such as search engines, social media, email marketing, and display advertising.
Moreover, advertising on the internet is cost-effective as it allows businesses to run campaigns with low budgets and track the performance of their campaigns in real-time. Additionally, the internet enables businesses to target specific audiences based on demographic, geographic, and behavioral factors, which ensures that their advertising messages reach the right people at the right time.
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The Government using taxing and spending to stabalize the economy is called
Answer:
fiscal policy
Explanation:
Fiscal policy is the use of government spending and taxation to influence the economy. Governments typically use fiscal policy to promote strong and sustainable growth and reduce poverty.
Double declining balance
The double-declining balance method is an effective way to depreciate assets in the early years of their useful life and reduce the balance of the asset more quickly than the straight-line method. This helps companies to account for the asset's cost more accurately over time and to recognize its diminishing value as it ages.
Double-declining balance method is a method of depreciation that is an accelerated method.
The depreciation rate is twice as much as the straight-line method's depreciation rate.
This method begins with an asset's value at the beginning of its use and then decreases at a constant rate throughout its useful life until it reaches the asset's salvage value.
This depreciation method is most commonly used for assets that depreciate quickly at the beginning of their useful life and then slowly depreciate over time until they are scrapped or sold.
Assets such as computers, vehicles, and machinery are common examples of assets that use this method of depreciation.
Double-declining balance method can be calculated using the following formula:Annual depreciation = (2 / useful life in years) * book value at the beginning of the yearOrDepreciation rate = 2 / useful life in years.
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Garcia Company issues 10%, 15-year bonds with a par value of $240,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 8%, which implies a selling price of 117 1/4.
A Confirm that the bonds' selling price is approximately correct (within $100). Use the present value tables B.1 and B.3 in Appendix B. (Round all table values to 4 decimal places, and use the rounded table values in calculations. Round your other final answers to the nearest whole dollar amount.)
Per value x price = Selling price
$240,000 117 1/4 $281,400
Cash flow Table value Present Value
$240,000 par (maturity) value
$12,000 interest payment
price of the bond
Difference due to rounding of table values
Par Value x price = Selling Price
240,000 x 117.25 = 281,400
Cashflow Table value = Present value
240,000 0.3083 (Present Value table 4%, 30 periods) 73,992
12,000 17.292 (PV annuity table 4%, 30 periods) +207,504
281,496
Difference due to rounding 281,400 -281,496 = -96
to help employees accept new technologies like an information system, a manager will do all of the following except:
To help employees accept new technologies like an information system, a manager will do all of the following except Provide minimal rationale for the new system.
Option E is correct.
How does new technology affect employees?Organizations have been able to rapidly increase their productivity and efficiency thanks to the use of technology in the workplace. With digital tools, applications, and systems, processes that were once manual and time-consuming can now be completed quickly and effectively.
How do workers utilize technology?Utilizing technology aids in the resolution of issues that frequently hinder employee productivity, such as file management, report generation, and growth tracking. For efficiency, modern workplaces heavily rely on computer-aided tools. The amount of time and money required to complete the task can be reduced with the aid of these tools.
Question incomplete:To help employees accept new technologies like an information system, a manager will do all of the following EXCEPT:
a) Ensure employees find the system easy to use
b) Demonstrate that the system will allow them do more or better work for the same amount of effort
c) Train the user on the new system
d) Reward users of the new system
e) Provide minimal rationale for the new system
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1. What are the key skills and competencies required for a successful career in human resource management?
A successful career in human resource management requires a combination of skills and competencies, including effective communication, interpersonal skills, problem-solving, strategic thinking, knowledge of employment laws.
A successful career in human resource management requires a combination of skills and competencies that enable HR professionals to effectively manage and support an organization's workforce. Here are key skills and competencies necessary for HR professionals:
Communication Skills: HR professionals must have excellent communication skills, both written and verbal. They need to effectively convey information, listen actively, and facilitate open and transparent communication within the organization.
Interpersonal Skills: Building strong relationships and collaborating with employees at all levels is crucial. HR professionals should be empathetic, approachable, and able to handle sensitive and confidential matters with discretion.
Problem-Solving and Decision-Making: HR professionals often encounter complex issues and conflicts. They need strong problem-solving skills to analyze situations, identify solutions, and make informed decisions that align with organizational goals and legal requirements.
Strategic Thinking: HR professionals should possess the ability to align HR initiatives with the organization's overall strategic objectives. They need to understand the business context, anticipate future needs, and develop HR strategies that contribute to long-term success.
Knowledge of Employment Laws and Regulations: A deep understanding of labor laws, employment regulations, and compliance requirements is essential. HR professionals must stay updated on legal changes to ensure the organization's HR practices and policies are in compliance.
Change Management: HR professionals often play a critical role in organizational change initiatives. They should be skilled in managing change, guiding employees through transitions, and facilitating effective communication during periods of change.
Data Analysis and HR Metrics: Proficiency in data analysis and the ability to derive meaningful insights from HR metrics are becoming increasingly important. HR professionals should be able to use data to make informed decisions, track progress, and identify areas for improvement.
Ethical Practice: HR professionals deal with sensitive employee information and must maintain high ethical standards. They need to uphold confidentiality, fairness, and integrity in all HR-related processes and decisions.
HR Technology: Proficiency in HR technology and systems is essential for streamlining HR processes, managing employee data, and utilizing HR analytics. HR professionals should stay updated on HR software and technology trends to enhance efficiency and effectiveness.
Continuous Learning and Adaptability: HR professionals should have a growth mindset and be willing to continuously learn and adapt to evolving HR practices, industry trends, and organizational needs.
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Kayak Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Kayak Company's production costs for the year were: direct labor, $30,000; direct materials, $50,000; and factory overhead applied $6,000. The predetermined overhead rate was: Multiple Choice 5.0%. 12.0%. 20.0%. 500.0%. 16.7%
Answer:
Estimated manufacturing overhead rate= 20%
Explanation:
To calculate the predetermined overhead rate, we need to use the following formula:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
6,000= Estimated manufacturing overhead rate*30,000
Estimated manufacturing overhead rate= 6,000 /30,000
Estimated manufacturing overhead rate= $0.2 per direct labor dollar
As a percentage= (0.2/1)*100= 20%
PLEASE ANSWER
what is the tort in the situation above?
TYLER
THIS IS YOUR MOTHOR WHY ARE YOU CHEATING IN BUSSINESS
I THOPUGHT YOU WERE GOING TO PLACES LIKE A DOCTOR OR LAW BEFORE BUT I WAS FINE WITH BUSINESS UNTIL NOW GET YOUR REAR END HERE AND EXPALIN THIS RIGHT NOW!!!!!
Question 18
Equipment Company holds a lien on Fertile Farm's equipment. The
equipment can be sold to satisfy the debt
Answer:
if, before the sale, notice is given to Fertile Farm.
Explanation:
hope this helps you have a nice day :)
Bernice Ruel operates Leather Unlimited, a leather shop that sells luggage, handbags, business cases, and other leather goods. During the month of March, the following transactions occurred. The applicable sales tax rate is 6%.
Mar. 2 Sold merchandise on account to Emma Sommers, $250.00, plus sales tax. 9 Sold merchandise on account to Shelly Feinstein, $470.00, plus sales tax. 12 Emma Sommers returned $40.00 worth of merchandise purchased on March 2 for credit. 18 Sold merchandise on account to Maureen Hodge, $110.00, plus sales tax. 19 Sold merchandise on account to Frank MacDonald, $165.00, plus sales tax. 22 Received payment from Emma Sommers on account. 26 Maureen Hodge was given an allowance of $30.00 when she reported damage in the merchandise purchased on March 18. 28 Sold merchandise on account to Emma Sommers, $500.00, plus sales tax. 29 Sold merchandise on account to Shelly Feinstein, $230.00, plus sales tax. 31 Received payment from Maureen Hodge on account. 31 Cash sales for the month were $2,600, plus sales tax.
Required:
Enter the above transactions in the general journal.
Assume and act like you posted the journal entry to the Accounts Receivable accounts. Do not forget the Post Ref. Information
Chart of Accounts: Cash 101, Accounts Receivable 122, Sales Tax Payable 231, Sales 401, Sales Returns & Allowances 401.1
GENERAL JOURNAL
Page 1
Date
Description
Post
Ref.
Debit
Credit
Answer:
ok
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What pathway in the Arts av technology a communication cluster does Jason work in
What term describes a ban or restriction on trade with another country?
Answer:
Embargo is the term which is used to describe the ban or restriction on trade with another country. Explanation: Embargo is an official suspension of trade with other countries. Under this act there is a restriction of import and export of products between the countries due to specific reason.
The term that describes a ban or restriction on trade with another country is called embargo.
What is embargo?Embargo refers to an official ban on trade or other commercial activity with particular in the country. It is an official suspension of trade with other countries.
Under this act(embargo), there is a restriction of import and export of products between the countries due to specific reason.
Embargo can be placed on
Specific categories of goods.Scientific and technical information.Transport and other services,Therefore, embargo is the term that describes a ban or restriction on trade with another country.
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Why is it important to learn about finances?
☁️ Answer ☁️
Money Management Is A Learned Skill. Knowledge is power.
"Learning about personal finance gives you the knowledge and understanding to make smart money choices. Thus, you become more in control of your own life and are empowered to do the things that matter most to you. Learning how to manage your money means learning how to become free"
Hope it helps.
Have a nice day noona/hyung.
Which of the following is not an advantage cost plus pricing
It leads to profit maximization is not an advantage of cost plus pricing.
What is Profit maximization?Profit maximization is a short- or long-term technique that helps businesses choose the prices, input levels, and output levels that will provide the most profit overall.
Businesses go through the procedure of profit maximization to ensure that the ideal levels of productivity and pricing are attained in order to maximize their profits. In order to meet its profit goals, the corporation alters crucial factors including sale price, cost of production, and value of output. Businesses must reduce costs if they want to increase earnings. Simply said, cost reduction refers to a company's ability to maximize production or provide a particular outcome with the fewest resources feasible.
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How can prices and elasticity cause colleges and universities to offer financial aid to low-income students?
The elasticity of demand for college and university education is elastic. Thus, if the price of education is high, low-income students would decide not to get education. In order to incentivise low-income students, schools offer financial aid.
What does the elasticity of demand mean?
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
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Which of the following event occur with a probability zero
Answer:
getting a free beer
Explanation:
What are the main features of an oligopolistic market?
Answer:
Few firms: ADVERTISEMENTS: ...Interdependence: Firms under oligopoly are interdependent. ...Non-Price Competition: ...Barriers to Entry of Firms: ...Role of Selling Costs: ...Group Behaviour: ...Nature of the Product: ...Indeterminate Demand CurveExplanation:
pls mark brainliest
The main features of an oligopolistic market include:
Few firms control the market High barriers to entryInterdependence of price What are oligopolistic markets like?In an oligopolistic market, you find that there are a few firms who control the market as a whole. This is because there are high barriers to entry which prevent other firms from coming in.
Because these firms in the market are few, they have interdependence in terms of price such that the price charged by one firm, is based on the price charged by the other firms.
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help please!
A firm has costs of $1,000,000 for new investment outlays that are subject to an investment tax credit. The stated government purpose of having this investment tax credit is to stimulate the firm's business investments. Suppose the investment tax credit rate is 30%. How much does this reduce the cost of purchasing the assets? Assume an 8% rate of borrowing and a corporate tax rate of 40%.
ANSWER: The tax credit serves to immediately reduce the costs. The savings is 10% of one million dollars or $100,000r eduction in the purchase.
A juice company wants to market its product to health-conscious customers who want 100 percent juice that reflects what the label says. A juice company markets 100 percent blueberry-pomegranate juice, not from concentrate, on its label, but the ingredients say that at least 50 percent of the juice comes from apple and grape concentrates. Which of the American Marketing Association’s ethical precepts has the company violated?
responsibility
respect
transparency
honesty
The American Marketing Association’s ethical precepts have the company violated respect.
What is marketing?Marketing is the process of investigating, developing, and providing value in terms of products and services to fulfill the needs of a target market. Potentially includes the selection of a target audience; the selection of certain traits or themes to emphasize in advertising;
They have three main ethical norms or rules of conduct in marketing as part of their Code of Ethics. Do no harm, promote marketing system trust, and uphold the moral principles of accountability, fairness, respect, honesty, and citizenship are among them.
Therefore, The right answer is (B)
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t 3 Lab Learning Activity
K
Marcus Richardson
HW Score: 0%, 0 of 4 points
O Points: 0 of 1
11/03/22 7:32 PM
Question 1, P4-4 (similar to)
(Related to Checkpoint 4.1) (Liquidity analysis) Airspot Motors, Inc. has $2,505,600 in current assets and $864,000 in current liabilities. The company's managers want to
increase the firm's inventory, which will be financed using short-term debt. How much can the firm increase its inventory without its current ratio falling below 2.1
$6,28,363 the firm increase its inventory without its current ratio falling below 2.1
Current ratio = Current asset / current liability
Increasing inventory would increase the current asset.
We assume the additional inventory = L
So new current asset = L + $2,505,600
New current liability = L + $864,000
So, L + $2,505,600÷ L + $864,000 = 2.1
By solving L we get, L= $6,28,363
In other words, assets are items that provide a financial benefit to a company, such as inventory, buildings, equipment, and cash. They aid a company's ability to manufacture goods or provide services both now and in the future. A company's liabilities are its obligations—either money owed or services not yet performed.
Liabilities are the debts owed by a company to third-party creditors. Accounts payable may include notes payable and bank debt. Businesses take on debt in order to expand faster. A company's stability is determined by the balance of its debts and assets
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What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
The use of the word "monopoly" in the name of the market structure called "monopolistic competition" refers to the fact that
a. monopolistically competitive firms produce beyond their efficient scale and so do monopolists.
b. monopolistically competitive markets have free entry and exit just like a monopolistic market.
c. monopolistically competitive firms charge prices equal to their marginal costs just like monopolists.
d. a monopolistically competitive firm faces a downward-sloping demand curve for its differentiated product and so does a monopolist.
"Monopolistic competition" refers to the fact that; In a monopolistic competitive market, as in a competitive market, there are many sellers and they can come and go as they please. So option b. is correct.
Define Monopolistic competition.Monopolistic competition is when manufacturers compete with each other by selling different products that are not perfect substitutes for each other.
If there is only one supplier in the market, he is called a monopoly. Traditional economic theory sees a monopoly as the perfect antithesis of perfect competition. The demand curve that a monopolist encounters is, by definition, the industry's downhill demand curve.
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(100 POINTS!!!) LuAnn is a very specific type of photographer. The images that she captures have several prominent characteristics such as representing culture as it is lived rather than mythologized, respectful portraits of members of the community to show their stature, and documenting tribal customs and ceremonies for future generations. What type of photography does LuAnn most likely practice?
A. fashion photography
B. nature photography
C. sports photography
D. indigenous photography
LuAnn most likely practices indigenous photography. Indigenous photography refers to photographs taken by and for indigenous communities that depict the culture, customs, and traditions of those communities. The characteristics of the images LuAnn captures, such as representing culture as it is lived, respectful portraits, and documenting tribal customs and ceremonies, are typical of indigenous photography. The goal of this type of photography is often to give voice and visibility to indigenous communities, as well as to preserve their cultural heritage for future generations.
Type the correct answer in the box. Use numerals instead of words. What is the total liability of the business? Indicate?
The total liabilities are $___
1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
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1.) Why do organizations need leader-managers? Which of the following.
a. The accelerating pace of change requires the two complementary ways of thinking.
b. Combining both attributes in one person is cheaper and more efficient.
c. Directives from above need to be implemented in order to reach the organization's strategic objectives.
d. Staff need to be constantly thinking about the future.
2.) Which activity is most likely to be carried out by a manager?
a. Communicating the direction of the organization.
b. Reinforcing performance.
c. Inspiring others.
d. Developing key relationships.
3. Which statement best describes leadership?
a. Leadership is about conducting performance reviews.
b. Leadership is having a vision and making it happen.
c. Leadership is maintaining the status quo.
d. Leadership is being in a position of authority.
4. Which statement best describes management?
a. Management is telling people what to do.
b. Management involves looking to the future.
c. Management is about dealing with uncertainty.
d. Management is organizing complex resources to get the job done.
5.What term is best associated with management?
a. Practical.
b. Creative.
c. Visionary.
d. Uncertainty.
6. How would a leader use PESTLE?
a. As a tool to motivate staff.
b. To identify how the marketplace is going to change.
c. As a performance management tool.
d. To review past performance.
7. Which statement best describes coaching?
a. Coaches enable coaches to move from where they are now to where they want to be by asking the right questions and letting coaches develop the knowledge for themselves.
b. Coaches enable coaches to move from where they are now to where they want to be by the coaches' sharing of their own knowledge, skills, and experience.
c. Coaches enable coaches to move from where they are now to where they want to be by providing direction and advice.
d. Coaches enable coaches to move from where they are now to where they want to be by providing answers to questions, then letting coaches see the results for themselves.
8. According to Ken Blanchard's situational leadership model, which two factors help determine which management style to use?
a. If they are not competent, you give them practical direction; if they are not confident, you give them emotional support.
b. If they are not competent, you give them emotional support; if they are not confident, you give them practical direction.
c. If they are not competent, you keep them behind until they get it right; if they are not confident, you give them practical direction.
d. If they are not competent, you give them emotional support; if they are not confident, you keep them behind until they get it right.
9. In Tuckman's 1965 model of team formation, which stage of organizational development is characterized by everyone knowing what they're doing and how to do it?
a. Form.
b. Storm.
c. Norm.
d. Perform.
10. In Tuckman's 1965 model of team formation, what is the leader-manager emphasis during the forming stage?
a. Leading.
b. Leading and managing.
c. Managing and leading.
d. Managing.
11. Which description best characterizes the "guru"?
a. Future focused with an emphasis on creating change.
b. Detail focused with an emphasis on the short term.
c. An advocate for following the established procedure.
d. Risk averse and cautious.
12. Which description best characterizes the "bureaucrat"?
a. Inspires and encourages creativity.
b. Advanced interpersonal and communication skills.
c. Accurate and detail oriented.
d. Demonstrates an appetite for risk.
13. Which approach is not recommended when filling a gap in the leader-manager attributes of your team?
a. Outsource that function to someone outside of the team.
b. Recruit someone with the missing skill.
c. Allocate the responsibility to a specific individual on the team and provide the necessary support to perform the job.
d. Recruit someone with the same skills and competencies as an existing team member.
The answers to the respective questions about the organizational environment and management can be the following:
abbdcbaadbacaWhat are the characteristics of an effective manager?It is necessary that this professional has a set of skills that help him to direct and inspire his team, increasing motivation and productivity. Some of these skills relate to communication, empathy, vision and cooperation.
There are several styles of leadership and each with a specific focus, such as the participative leadership style that helps your team in its needs, participating directly in the fulfillment of the team's objectives, helping to motivate the group.
Therefore, the management style must be aligned with the organizational structure, having as its central objectives the motivation and direction of employees, so that the company can achieve an increase in productivity, create a culture focused on integration and be innovative in the market.
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