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3 years ago

5

A team consists of employees from the same department who meet for a few hours each week to discuss ways of improving the work e

nvironment but they do not have the authority to unilaterally implement any of their suggestions. which type of team will this likely be?

1 answer:

dusya [7]3 years ago

6 0

It is a problem solving team

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This occurs when a government spends more money than it takes in.

BARSIC [14]

This is called deficit

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3 years ago

Mike’s Motors Corp. manufactures motors for dirt bikes. The company requires a minimum $30,000 cash balance at each month-end. I

Stolb23 [73]

Answer:

Mike's Motors Corp.

Cash Budget for July, August, and September:

July August September Total

Beginning balance $32,000 $30,000 $30,000 $32,000

Cash receipts 83,000 109,000 148,000 340,000

Bank borrowings 26,000 0 0 26,000

Total receipts 141,000 139,000 178,000 $398,000

Cash Payments 111,000 97,900 125,400 334,300.00

Interest 520 308.40 828.40

Loan repayment 10,580 15,420 26,000.00

Total payments 111,000 109,000 141,128.40 361,128.40

Minimum cash balance 30,000 30,000 36,871.60 36,871.60

Explanation:

a) Data and Calculations:

Cash Receipts Cash Payments

July $ 83,000 $ 111,000

August 109,000 97,900

September 148,000 125,400

Minimum cash balance = $30,000

Interest on borrowings = 2% per month

July ending:

Borrowing to maintain minimum cash balance = $26,000

Interest for August = $520 ($26,000 * 2%)

August ending:

Loan balance = $15,420 ($26,000 - $10,580)

Interest for September = $308.40 ($15,420 * 2%)

8 0

3 years ago

You are considering two ways of financing a spring break vacation. You could put it on your credit card, at 15 % APR, compound

kykrilka [37]

Answer:

Credit card

Explanation:

The formula for computing the APR is shown below:

= (1 + interest rate)^time period - 1

For monthly, it is

= (1 + 15% ÷ 12 months)^12 - 1

= (1 + 0.0125 )^12 -1

= 16.080000%

Now for the APR for 6 months is

= (1 + 16% ÷ 2 months)^2 -1

= 16.640000%

The rate that is given 8% is doubles i.e 16% and the computation is same as before

As we can see that credit card contain the lower rate i.e 16.08% as compare to the money borrowed from the parents

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3 years ago

1. The reason why the Demand Curve slopes downward is because -

denis23 [38]

Answer:

The right answer is C; There is an inverse relationship between price and quantity demanded

Explanation:

The law of demand indicates that there is an inverse relationship between the price and the quantity demanded of a good.

This means that if the price of a good increases, then demand decreases and if the price decreases, demand tends to rise at the same time.

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4 years ago

In today's business environment, firms that truly focus on customers must instill a corporate culture that places customers and

kumpel [21]

Answer:

Relationships; Competition.

Explanation:

In today's business environment, firms that truly focus on customers must instill a corporate culture that places customers and other stakeholders at the top of the organizational hierarchy. when this occurs, the firm shifts its focus from transactions to <u>relationships</u>, and from <u>competitions</u> to collaboration.

Customer are considered to be king in the current open market condition, where seller are trying every bit to attract more and more customer. When a firm possesses capabilities that allow it to serve customers' needs better than the competition, the firm is said to have competitive advantage, however, this lead to shift of focus from transaction to relation building with customer to gain profit in long run and it does not focus only on competition but look for collaboration with customer to gain competitive advantage for future.

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3 years ago