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murzikaleks [220]
2 years ago
5

what is the true difference between consultative leadership and participative leadership in decisiion making?

Business
1 answer:
Anastasy [175]2 years ago
5 0

The difference between consultative leadership and participative leadership in decision making is that in consultative leadership employees do not have decision-making power they can only share their opinions but in participative leadership, everyone works together for decision making.

A leader who shares decision-making with organization participants. 3 subtypes of participative leaders consist of consultative, consensus, and democratic. Consultative leaders confer with subordinates earlier than you make a decision; but, they maintain the authority to make very last selections.

Consultative leadership fashion is set growing the capacity to persuade people in place of enforcing their authority on them, enticing the subordinates or employees efficiently in the decision making. Such leaders ask humans for their minds & permit them to technique the problem and locate a nice feasible solution. The consultative chief uses the talents, thoughts, and enjoyment of others, however, the final choice is made by using a leader. Such a leader has interacted with his time or more important tasks, gives proper popularity, and evaluates all the alternatives before making the very last choice.

The participative leader entails himself because a member of the group & makes choices alongside the group. Such a leader seeks consensus and all and sundry have to take possession within the final decision. In a participative management fashion team participants and leaders, thoughts are taken into consideration as identical, and the body's input is considered. right here leader is a facilitator, educates, and frequently embraces crew thoughts over their very own, creating a tradition of innovation and focusing on promoting creativity.

Learn more about participative leadership here brainly.com/question/20464132

#SPJ4

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On January 15, Ayayai Corp. sells merchandise on account to Martinez Associates for $7000 with terms 1/10, n/30. On January 20,
DochEvi [55]

Answer:

The amount of cash received will be $6039

Explanation:

The amount of cash received on January 24 will be the net amount after deducting the sales returns and the discount allowed as the payment is made within 10 days period of the sale and the terms 1/10 states a 1% discount if payment is made within 10 days.

The net value of receivables after sales returns = 7000 - 900 = 6100

The discount allowed = 6100 * 1% = 61

Cash to be received = 6100 - 61 = $6039

4 0
3 years ago
On April 1, 2021, Shoemaker Corporation realizes that one of its main suppliers is having difficulty meeting delivery schedules,
marissa [1.9K]

Answer:

Shoemarket Corporation

Journal Entries:

April 1, 2021:

Debit Notes Receivable $490,000

Credit Cash Account $490,000

To record the issue of notes.

December 31, 2021:

Debit Interest on Notes Receivable $36,750

Credit Interest on Notes $36,750

To accrue interest on notes for the year.

April 1, 2022:

Debit Cash Account $539,000

Credit Notes Receivable $490,000

Credit Interest on Notes Receivable $36,750

Credit Interest on Notes $12,250

To record cash collection of the note and interest.

Explanation:

a) The acceptance of  notes receivable increases the Notes Receivable account and reduces the Cash Account by $490,000.

b) Due to the accrual concept and the matching principle, on December 31, 2021, interest on notes receivable will be accrued.  This is calculated as follows:

Interest for 9 months = $490,000 x 10% x 9/12 = $36,750.

c) On April 1, 2022, when the cash collection of the note and interest is made, the Cash received will total $539,000 ($490,000 + 10% Interest for a year).  This is worked as $490,000 x 10% = $49,000.  But, already interest for 2021 had been accrued.  The difference is now accrued in 2022.

d) The entries required are a debit to the Cash Account $539,000, a credit to Interest on Notes Receivable $36,750, to Interest on Notes $12,250, and Notes Receivable Accounts $490,000 respectively.

3 0
3 years ago
Read 2 more answers
The value of the bond that is paid back at maturity is known as _____.
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For the answer to the question above, 
It is multiple choice letter a. Face Value
In layman's term face value is the nominal value of a security of the issuer or stocks, it is the original cost of the stock shown on the certificate. For bond i<span>t is the </span>amount<span> paid to the holder at maturity.
</span>
8 0
3 years ago
Read 2 more answers
The digby company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. the expec
MatroZZZ [7]
Using line depreciation method,
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Depreciation per year = Depreciable cost/life = 36,810,000/15 = $2,454,000

After third year of use,

Depreciation expenses = $,2,454,000*3 = $7,362,000

Book value = cost - depreciation expenses = 40,900,000 - 7,363,000 = $33,538,000
7 0
3 years ago
The Eccleston Company has the following budgeted sales: January $40,000, February $60,000, and March $50,000. 40% of the sales a
zvonat [6]

Answer:

Total cash collection= $53,000

Explanation:

Giving the following information:

Sales:

February $60,000

March $50,000.

Cash:

40% of the sales are in cash.

Credit sales:

50% in the month of sale

50% in the next month

<u>Cash receipts March:</u>

Sales in cash March= (50,000*0.4)= 20,000

Sales on account March= (50,000*0.6)*0.5= 15,000

Sales on Account February= (60,000*0.6)*0.5= 18,000

Total cash collection= $53,000

8 0
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