Answer:
e. both a and c are correct
Explanation:
Falling transportation cost facilitated in globalization and fostered the process of westernization.
The theory of comparative advantage allows economies to produce goods at lower opportunity costs to get better sales margins. Hence lower transportation cost helped in achieving that for trading partners in free market.
Moreover it allowed to increase the impact of westernization(cultural values,traditions etc) across the globe
Answer:
The main benefit of an enterprise system is that it makes the jobs of managers and employees easier. These systems automate repetitive business processes so that your staff is more productive. For example, these systems might send sales emails, process employee pay or even place automated inventory orders.
Explanation:
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Explanation:
The path-goal theory is based on adjusting the leadership style to the needs of employees and the work environment, in order to achieve goals.
In the scenario above, there is a work environment composed of qualified and experienced employees for the function, so the most appropriate leadership style for this scenario according to the path-goal theory would be participative and achievement-oriented leadership.
Participative leadership is a leadership style that ensures greater involvement of employees in decision-making, is effective in a work environment that has qualified and engaged employees. The achievement-oriented leadership style refers to the challenging goals proposed by the leader to employees and the confidence he has in the employees' ability to meet their expectations.
b) Two challenges in the team dynamics that make it difficult to support the view that teams are synergistic may be the lack of communication and a very centralized leadership.
The teams are composed of individuals with different personalities but who join their efforts to achieve organizational goals and objectives.
Therefore, it is necessary to have a leadership style that is geared towards the whole of the team, that seeks to engage and respect the individualities of each member of the team but that motivates them to seek common goals. It is also necessary that communication is valued, that all members feel they are a necessary part of the team, so that the information can be passed on properly and also to avoid conflicts that may occur.
Answer:
(c) MUa/Pa = MUb/Pb
Explanation:
The Utility Maximization Rule is
MUa/Pa = MUb/Pb, where MUa represents the marginal utility derived from good a, Pa represents the price of good a, MUb represents the marginal utility of good b and Pb represents the price of good b.
Answer:
In 2021, preferred stockholders will be paid $9000 dividends while common stockholders will be paid $1000 in dividends.
Explanation:
The preferred share are cumulative which means that they accrue dividends in case the company is unable to pay dividend in a certain year. This means that the company needs to pay the preferred dividend in future whenever it declares dividends if it has not paid the dividend on preferred share in the previous years.
The preferred dividends are paid prior to the common stockholders.
Thus, the dividend for 2019 and 2020 will be paid along with that of 2021 when the company pays dividends in 2021.
The preferred dividend per year is = 50 * 0.06 * 1000 = $3000
The accrued preferred dividends for 2019 and 2020 are = 3000 * 2 = 6000
Preferred dividend to be paid in 2021 = 6000 + 3000 = $9000
Common stock dividends to be paid in 2021 = 10000 - 9000 = $1000
