All categories

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.

You might be interested in

What activities does marketing involve besides selling?

Alexus [3.1K]

Answer:The activities involved in marketing are

Product and Service Selection. A manufacturer or service provider ideally listens to its customers and prospects before making product and service decisions.

Product or Service Pricing

Product Placement Activities

Incentives and Promotional Activities.

Explanation:

7 0

3 years ago

Sharp Screen Films, Inc., is developing its annual financial statements at December 31, current year. The statements are complet

Aloiza [94]

Answer and Explanation:

The preparation of the cash flow statement using the indirect method is as follows:

Cash flow from operating activities

Net income $44,450

Add: depreciation expense $14,450

Add: decrease in account receivable ($18,150 - $24,750) $6,600

Less: Increase in merchandise inventory ($24,750 - $19,200) $5,550

LesS: decrease in accounts payable ($11,800 - $21,900) $10,100

Less Decrease in wages payable ($4,500 - $5,100) -$600

Net cash provided from operating activities $49,250

Cash flow from investing activities

Equipment purchased -$59,650

Cash flow used by investing activities -$59,650

Cash flow from financing activities

Cash payment made for long term note payable -$12,100

Issuance of the new shares $35,000

Dividend paid -$11,450

Cash flow from financing activities $11,450

Net increase in cash $1,050

Add: opening cash balance $65,500

Closing cash balance $66,550

7 0

3 years ago

You are not required to wear a helmet while operating a motorcycle if you can show proof that you are covered by an insurance po

faust18 [17]

You are not required to wear a helmet while operating a motorcycle if you can show proof that you are covered by an insurance policy that provides at least C)$10,000 in medical benefits.

This situation related to the financial responsibility of the motorcycle driver to cover the accident. This situation regulated with a regulation called the Financial Responsibility Law.

8 0

3 years ago

Read 2 more answers

Suppose that Tiffany has an income of $20 per week and she spends it on frozen pizza (P) and beer (B).The price of a bottle of b

dusya [7]

Answer:

First 4 subparts are answered below:

Equation for budget constraint: p1.x1 + p2.x2 = M

Substituting the given information gives: 1B + 5P = 20

The budget constraint is below: See attachment

Slope of budget constraint: -P(pizza)/P(beer) = -5

New budget constraint: 2B + 5P = 20

New slope: -5/2 = -2.5

New constraint line: See attachment

4 0

4 years ago

J&J Enterprises is considering an investment that will cost $318,000. The investment produces no cash flows for the first ye

olya-2409 [2.1K]

Answer:

It will take 3 years and 270 days to pay back the investment.

Explanation:

The payback period is the time required for the discounted cash flow to cover the initial investment. We need to use the following formula on each cash flow:

PV= Cf / (1+i)^n

Year 1= 0 - 318,000= -318,000

Year 2= (47,000 / 1.155^2) - 318,000= - 282,768.28

Year 3= (198,000 / 1.155^3) - 282,768.28= -93,697,07

Year 4= (226,000 / 1.155^4) - 93,697.07= 33,296.14

To be more accurate:

(93,697.07 / 126,993.21)= 0.74*365= 270

It will take 3 years and 270 days to pay back the investment.

5 0

3 years ago