Answer: Task-oriented leader
Explanation: In a task leadership strategy, the leader focuses only on the task that needs to be completed. This is a performance oriented approach. While using this approach the manager strictly tries to make his employees to adjust on the working environment.
In the given case, Bobby is a tough leader and do emphasize on the tasks and takes less care of his employees needs and preferences.
Thus, we can conclude that bobby is a task oriented leader.
Answer:
The expected return on this stock is 7.3%
Explanation:
Using the expectations model, we can calculate the expected return on the stock based on the return on stock in different scenarios/states and the probability of those states.
The expected return on the stock is,
Expected r = rA * pA + rB * pB + rC * pC
Where,
- r represents the returns in each state
- p represents the probability of each state
Expected r = 0.12 * 0.15 + 0.08 * 0.75 + (-0.05 * 0.1)
Expected r = 0.073 or 7.3%
Answer: a. the benefits of adopting the new technology outweigh the costs of switching.
Explanation: Switching costs are defined as those cost the consumer pays as the result of changing brands or products, but can also be manifested in the form of time and effort spent during the switching process, the risk of disruption of business operations during the period of switching etc. and so therefore, switching costs can be monetary, psychological, effort-based, or time-based.
Companies with difficult-to-master products and low competition often times will use high switching costs to maximize profit by typically employing strategies that incur high switching costs on the consumer. Therefore, consumers will bear the costs of switching if the benefits of adopting the new technology outweigh the costs of switching.
Answer:
$26,000
Explanation:
Revenue for Charlie's chocolate is $97,000
Expenses is $71,000
Therefore the net income can be calculated as follows
= revenue - expenses
= $97,000-$71,000
= $26,000
Hence the net income is $26,000
Answer:
The correct answer is option d.
Explanation:
Money can be defined as something which is accepted as a medium of exchange in the economic transactions involving the exchange of goods and services.
When the receipts given by the Goldsmiths were used to make purchases, they served the medium of exchange function of money.
So these receipts in effect became paper money.
