All categories

4 years ago

Some managers encourage employees to make their own decisions. This type of management is called _____

Business

2 answers:

nataly862011 [7]4 years ago

7 0

This type of decision making is Democratic

iogann1982 [59]4 years ago

7 0

Answer:

The correct answer is letter "C": laissez-faire.

Explanation:

Laissez-Faire management is the technique in which leaders provide subordinates the responsibility of making their own decisions. Usually, high-rank executives provide workers the resources needed for them to do their job but there is little to no guidance from them after that. This approach is said to be one that leads to low productivity. Though, the technique should be applied according to the situation that the organization is facing.

You might be interested in

Sunnyside Travel, Inc. is a travel agency that specializes in destination wedding vacation packages. It has packages ranging fro

Naya [18.7K]

Answer:

Mass customization

Explanation:

Mass customization is a business approach that focuses on providing customized goods and services to customers. It is a strategy that requires flexibility, integration, and personalization to make customized products that suit each customer's needs.

The biggest challenge with mass customization is the cost element. A business needs to have sufficient customer orders to deliver quality customized products at a competitive price.

Mass customization is the availing of tailor-made products, unique and to each customer's liking. By allowing each customer to set their preferences, Sunnyside Travel is involved in mass customization.

6 0

3 years ago

Cost of Goods Sold Pine Creek Company completed 200,000 units during the year at a cost of $3,000,000. The beginning finished go

Tatiana [17]

Answer:

$3,085,000

Explanation:

FIFO means first in first out. It means it is the first purchased inventory that is the first to be sold.

The costs of goods sold would first be allocated to the beginning inventory = $310,000

The remaining cost of goods sold Je allocated to the inventory made during the year = 210,000 - 25,000 = 185,000

185,000 × ( $3,000,000 / $200,000) = $2,775,000

Total cost of goods sold = $2,775,000 + $310,000 = $3,085,000

I hope my answer helps you

3 0

4 years ago

Arista always spends 20 % of her income on whatzits. Assume that her income increases by some percentage while the price of what

miskamm [114]

The income elasticity in this case is 1.

<u>Explanation:</u>

In Economics, the income elasticity of demand gauges the responsiveness of the amount requested for a decent or administration to an adjustment in income. It is determined as the proportion of the rate change in amount requested to the rate change in pay.

Income Elasticity of Demand (YED) is characterized as the responsiveness of interest when a purchaser's salary changes. It is characterized as the proportion of the adjustment in amount requested over the adjustment in salary.

7 0

3 years ago

You are the regional sales manager for Standard Publishing Co. The company is preparing adjusting entries for the year ended Mar

solniwko [45]

Answer:

Standard Publishing Co.

The amount of subscription revenue that should be reported on the income statement for the year ended March 31, 2021 is:

= $35,000.

Explanation:

a) Data and Calculations:

September 1, 2020 Cash receipt for magazine subscriptions for three years = $180,000

This subscriptions is equal to 36 months subscription.

The amount of subscription revenue to report for the year ended March 31, 2021 = $35,000 ($180,000 * 7/36).

From the above calculation, a month's subscription revenue = $5,000 ($180,000/36)

Therefore, seven months' subscription from September 1, 2020 to March 31, 2020 = $35,000 ($5,000 * 7).

The unearned subscription revenue is debited with $35,000, while earned subscription revenue is credited with the same amount.

8 0

3 years ago

How do i make spaghetti?

mihalych1998 [28]

Boil noodles. add sauce. make meat balls. add it together. yummy.

6 0

3 years ago

Read 2 more answers