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goldenfox [79]
3 years ago
5

Michelle works in an appliance store. She has a goal to sell a combination of six refrigerators, stoves or dishwashers so she ca

n earn a bonus. She has done this before. Which part of the SMART criteria is missing from this goal?
Business
2 answers:
kotykmax [81]3 years ago
7 0
The ‘SMART’ technique a tool for effective goal setting. The acronym SMART stands for Specific, Measurable, Attainable, Realistic, and Time-bound, all of which are requisites for goals. The goal “to sell a combination of six refrigerators, stoves or dishwashers to earn a bonus” is specific, measurable, attainable and realistic because Michelle has done this before. Yet the goal is not time-bound. The length of time it is required to meet is not specified in the goal. 
Nadusha1986 [10]3 years ago
3 0

Answer:

Time is missing in this goal.

Explanation:

SMART technique is used to set goals. Each alphabet in this word stands for a proper word.

S stands for Specific, M stands for Measurable, A stands for Achievable, R stands for Realistic and T stands for Timely.

In this example, Michelle got a goal to achieve. The Goal is to sell combination of Six Refrigerators, stoves or dishwashers so she can earn a bonus. This goal is specific, measurable, achievable and realistic. But this goal is not bounded by time. There is no time frame mentioned in which she has to achieve this goal. So the Time factor is missing in this goal.

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Which of the following is the first step in self-leadership? Establishing client relationships Practicing gainsharing Personal g
Fittoniya [83]

Self -leadership is the process of influencing the one's own behavior and also the behavior of the other people around them.The First step of self Leadership is<u> Personal Goal setting</u>

Explanation:

Self leadership is normally defined as the  process in which a individual is able to control his  own behavior and at the same time he leads and influence others to follow them . These  individuals  use several behavioral strategies to empower and lead others people

<u>The Five element of Self Leadership are </u>:-

  1. Personal Goal Setting
  2. Constructive Thought Patterns
  3.  Designing Natural Rewards
  4.  Self-monitoring
  5. Self-reinforcement

<u>Self-leadership Strategies includes</u>

  1. <u>Personal Goal Setting</u>
  2. <u>Designing Natural Rewards</u>
  3. <u>Constructive Thought Patterns</u>
5 0
3 years ago
An investor company uses the equity method to account for its investment in 25% of the outstanding common stock of an investee c
masya89 [10]

Answer:

Option A is correct.

<u>A decrease in the Equity Investment account</u>

Explanation:

Dividend received amount decreases the investment account. Net income interest in investee account is added to the investment account.

4 0
3 years ago
Good strategy combined with good strategy execution: Select one: a. Offers a guarantee for avoiding periods of weak financial pe
Pachacha [2.7K]

Answer:

d. Are the most trustworthy signs of good management

Explanation:

The strategy refers to the planning through which the company could able to accomplish its goals and objectives within the prescribed time set by the company

The goods strategy mostly achieved the company targets within the standard time set by the company. And if the combination of both the good strategy and execution of the good strategy leads to the sign of good management i.e become trustworthy.

hence, the last option is correct

4 0
3 years ago
In economics, what is meant by "optimal decisions are made at the margin?" The concept of the margin was initially developed in
Ivahew [28]

Answer:

The idea of the margin is related to making decisions while thinking about the benefits and costs of small changes in behavior.

Explanation:

Economic theory suggests that economic agents (firms, consumers and government) think on the sidelines. This means that decisions are made taking into consideration the benefits and costs of each choice. For example, for a firm to increase a unit of production (marginal unit) it will calculate the cost of production of that unit (marginal cost) and the profit that additional unit will generate (marginal benefit).

7 0
3 years ago
As a result of a thorough physical inventory, Horace Company determined that it had inventory worth $320,000 at December 31, 201
zimovet [89]

Answer:

The correct answer is option b) $367,000

Explanation:

Here for calculating the correct amount of inventory that Horace should report can be calculated through, by adding the inventory worth $320,000 at 31 December, 2015 with consignment given to Herschel worth $47,000, SO

Correct amount of inventory =

                        Amount of inventory on 31 December

                                                     +

                        Consignment given to Herschel

= $320,000 + $47,000

= $367,000

Here we are taking Herschel consignment in to account and that too at the historical purchase cost because Horace company has give the Herschel to sell the goods on his behalf but the transfer of ownership has not taken place here , the right to ownership here remains with the Horace and the amount at which they should be recorded is at purchase cost not selling cost.

We will also not include goods worth $ 22,000 in to the calculation because the Horace company has not received the goods physically yet, we will include those goods in to inventory on January 3 not before that.

3 0
3 years ago
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