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3 years ago

Which best describes the reason situational leadership is so practical for managers to use?

1 answer:

5 0

Situational Leadership as a theory was developed by Dr. Paul Hersey in the late 1960s which aims to give further understanding between the leaders and its members. The fore cores of the theory are to ‘Diagnose’ (knowing the situation), ‘Adapt’ (Change the behaviors of the members in the level of the situation), ‘Communicate’ (letting the members understand the situation) and ‘Advance’ (further the developments). This is of course very helpful as its gives the leaders (managers) the opportunity to adjust themselves according to the situation.

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On April 1, 9,000 shares of $7 par common stock were issued at $26, and on April 7, 5,000 shares of $70 par preferred stock were

Mariana [72]

Answer:

Apr 1

DR Cash $234,000

CR Common stock $63,000

CR Paid in capital in excess of par - Common Stock $171,000

(To record issuance of common stock)

Apr 7

DR Cash $540,000

CR Preferred stock $350,000

CR Paid in capital in excess of par - Preferred Stock $190,000

(To record issuance of preferred stock)

Explanation:

April 1

Cash

9,000 * 26 = $234,000

Common stock

9,000*7 = $63,000

April 7

Cash

5,000*108 = $540,000

Preferred stock

5,000*70 = $350,000

7 0

3 years ago

Support functions manage and improve the efficiency of an organization's conversion processes so that more value is created.

Ksenya-84 [330]

Answer:

False

Explanation:

The given situation does not represents the support function as it is a production function and the same is to be considered as it manages and improves the organization efficiency also it convert the processes through which it added the more value to the organization

Therefore the given statement is false

5 0

3 years ago

Holly owns a dance studio. To improve sales of dance classes, she is reviewing how her marketing team could update the company's

ASHA 777 [7]

Answer:

b. website layout

c. email marketing

Explanation:

The website layout is the layout i.e created for a website. It should be attractive to the owners and users. Moreover it should be easy to navigate it so that if anyone could access to the website he or she could easily access it without any hurdle.

The email marketing is a technique in which we can send one message to large audience in the same time. It helps in saving cost and time

According to the given situation, the online customers struggled with website navigate and to find out the contact information related to the business

So to modify and help address her customer feedback the website layout and the email marketing plays a vital role and the same is to be considered

6 0

3 years ago

On January 1, Sway Corporation had 60,000 shares of $10 par value common stock outstanding. On March 17, the company declared a

pychu [463]

Answer:

See below

Explanation:

With regards to the above, the entry to record of March 30 would be;

Debit stock dividends $140,400

Credit common stock dividends distributable $108,000

Credit paid in capital in excess of par $32,400

Calculations;

= 60,000 shares of $10 par value

= $600,000 × Stock dividend

= $600,000 × 18%

= $108,000

Stock dividend = 60,000 shares of $13 market value

= $780,000 × Stock dividend

= $780,000 × 18%

= $140,400

Additional paid in capital = $140,400 - $108,000 = $32,400

5 0

3 years ago

Target profit is $100,000; fixed overhead costs are $120,000 and fixed selling and administrative costs are $50,000. If total va

vlada-n [284]

Answer:

40%

Explanation:

The markup percentage to the variable cost using the variable cost method can be obtained by dividing the addition of the target profit and total fixed cost by the total variable cost as follows:

Total fixed cost = Fixed overhead costs + Fixed selling and administrative costs = $120,000 + $50,00 = $170,000

The markup percentage to the variable cost = (Target profit + Total fixed cost) / Total variable cost = ($100,000 + $170,000) / $675,000 = $270,000 / $675,000 = 0.40, or 40%.

Therefore, the markup percentage to the variable cost using the variable cost method is 40%.

3 0

4 years ago