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love history [14]
3 years ago
9

In the context of contemporary approaches to management, the _____ theory was developed in the early 1950s by researchers from t

he london-based tavistock institute of human relations. question 6 options:
Business
1 answer:
faltersainse [42]3 years ago
8 0
In the context of contemporary approaches to management, the sociotechnical systems theory was developed in the early 1950s by researchers from the London-based Tavistock Institute of Human Relations. This sociotechnical theory states that <span>the design and performance of any organisational system can only be understood and improved if both ‘social’ and ‘technical’ aspects are brought together and are working together.</span>
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The hierarchy of qualitative characteristics of financial information require that, in order to be useful for decision making, i
Effectus [21]

Answer:

Relevance and faithful representation

Explanation:

The is a general consensus that accounting information must possess certain basic characteristics for it to be useful to the users of financial statement. The International Accounting Standards Board (1ASB) gave voice to this assertion when it prescribes some basic characteristics of accounting information which are 1. Understandability 2. Relevance 3. Reliability 4. Comparability. 5.    Materiality. 6.  <em>Faithful representation.</em> 7. Substance over Form. 8. Neutrality. 9. Prudence. 8. Timeliness. 9. Completeness.

Faithful representation is the requirement that financial statement must be accurate and  must show a true and fair view of the position of the business.

8 0
2 years ago
The current assets of Sheridan Company are $292400. The current liabilities are $116960. The current ratio expressed as a propor
Varvara68 [4.7K]

The current ratio expressed as a proportion is 2.5

Explanation:

Given :

The current assets = $292400

The current liabilities are $116960.

To find :

The current ratio

Solution :

Current Ratio =

\sf{\dfrac{Current \: Assets }{Current \: Liabilities}}

\sf{\implies{\dfrac{292400}{116960}}}

\implies 2.5

Therefore, The current ratio expressed as a proportion is 2.5

4 0
3 years ago
The Purchase and sales agreement provides for release of earnest money to the seller after the buyer's property inspection. The
Papessa [141]

The broker should refuse to release the earnest money even after the  seller requested the earnest money prior to the property inspection.

<h3>What is earnest money?</h3>

Earnest money refers to the deposit paid by a buyer to a seller, reflecting the good faith of a buyer in purchasing a home.

It is the money paid to a merchant or seller to complete a contract or money paid to a merchant / seller to show good faith in the transaction.

Hence, the broker should refuse to release the earnest money even after the  seller requested the earnest money prior to the property inspection.

Learn more about earnest money here : brainly.com/question/14342438

6 0
2 years ago
With the community interested in eating healthy, Mary Catherine, a restaurant owner, is considering adding more gluten-free dish
Cerrena [4.2K]

Answer:

The correct answer is (C)

Explanation:

A decision-making process is a vital factor which can contribute towards a successful business. Likewise, some people rely on their institution and gut feeling to make a decision rather than to see the market demand and supply. This type of decision is known as a non-rational decision. Mary-Catherine is making a decision solely based on her Gut feelings which is why it is a not rational decision-making process.

7 0
3 years ago
The Pandemic has made chicken more expensive, in order to offset this effect to consumers, government subsidized the price of ch
Ira Lisetskai [31]

Answer:

The Pandemic has made chicken more expensive, in order to offset this effect to consumers, government subsidized the price of chickens by a per-unit subsidy. If it wants to study the substitution effect of this subsidy, the government should imposed a Lump-sum tax.

False

Explanation:

The government should have imposed a lump-sum subsidy if it really wanted to study the substitution effect of the subsidy instead of imposing a lump-sum tax.  This subsidy should be granted to chicken farmers to reduce their production costs, which will in turn reduce the cost of chicken to the consumers.  A lump-sum tax sounds like a contradictory effort to offset the high cost of chicken on the consumers.

6 0
2 years ago
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