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sleet_krkn [62]
3 years ago
15

Lyle’s manager just handed him a list of goals for the year. Because Lyle had no say in setting these goals, he isn’t sure that

they are the right ones for him, and as a result, he isn’t very motivated to accomplish them.
Business
2 answers:
gogolik [260]3 years ago
8 0

Answer:

Goal acceptance

Explanation:

Goals setting means outlining the desired objectives to achieved by a business or an organization for the period. Organizations usually set goals at the beginning of each period or year. This will guide them throughout the course of the period should their be any deviation from these set goals.

When goals are spelt out and cascaded to lower cadre, the surbodinate must take ownership of the goals related to him or her. There must be commitment to the attainment of these goals by the surbodinate.

Managers have a duty to help and guide surbodinates reasonably so that they can accept the goals and make it their own. Where goals are not clearly spelt out or are ambiguous, it is the duty of the manager to help simplify and make it clearer for his surbodinate.

It is also imperative that surbodinates are involved in goal settings. Their involvement would bring internalization and drive essential to the attainment of these goals.

abruzzese [7]3 years ago
6 0

Answer: Goal acceptance

Explanation:

Most times in organizations, it is the people in leadership positions who set and manage goals for the employees and it is rare for staff to be part of the goal setting process,

Such employees are sometimes not sure of what to do and how to achieve the goals. Such employees are not in charge of their own responsibilities. Employee goal acceptance is when employees are just part of the process when making decisions even though the goals are set by the management.

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As a group, create a team charter for governing your future CLC activities. The charter should include plans for team building,
Over [174]

Answer:

First of all to create an effective team charter as road way for your group or team, for governing CLC activities the following needs to be considered

<em>• Who are the people involved </em>

<em>• Who is a team leader and who resolves problems </em>

<em>• How long does it take to create a charter </em>

<em>• How long does the charter last </em>

<em>• Creating a Team purpose and mission to others in the organization</em>  

Explanation:

<em>Now the first Method of having a good charter team usually involves the background </em>

<em />

<em>When Creating a charter, you start from the initial stage or point. Questions would be asked on what areas of focus is this charting heading towards. Like what types of project, it would get involved in on the long /short term. </em>

<em />

<em>Questions can be asked as the following bellow, </em>

<em>• Who is a team leader </em>

<em>• What are the roles of each stakeholder in the team </em>

<em>The second Method or role after having a startup background is now to focus on the deeper aspects of the charter like </em>

<em />

<em>• How is success evaluated or measured </em>

<em>• Having a lay down principles to guide the team or group in the right track </em>

<em>• Define roles each team member would play in terms of the success of the company. </em>

<em>• Have a mission and vision statement on how the company would grow on the long term </em>

<em> </em>

<em>The third Method after the Mission and vision statement is created for a successful team charter, it’s the roles and responsibility of team members. For this stage roles and responsibilities would be assigned to each group in the charter by defining the following terms </em>

<em />

<em>• Assign who is doing this for whom and the purpose </em>

<em>• Having asses on all areas needed for the group to succeed  </em>

<em>• Ensure all Team members voice are known, expressed to their best of abilities. </em>

<em>• Create what is called RACI (Roles, Accountable, consulted, Informed) roles and responsibilities matrix </em>

<em>The Fourth Method of a successful team charter is Budget and Resources  </em>

<em>Once roles and responsibility have been established, the team/Group can access the budget and resources to carry out the tasked at hand. </em>

<em> </em>

<em>The Fifth Method of a successful team after budget and resources are, </em>

<em>The internal checks, balance and reviews. </em>

<em>The Team Members of the charter should decide, also, whether team goals assigned to members will be shown in the team members’ annual reviews. A good example of a reliable  system is the SMART goal method The goals should be: </em>

<em>• Specific </em>

<em>• Measurable </em>

<em>• Achievable </em>

<em>• Realistic </em>

<em>• Time-based </em>

<em> </em>

<em> </em>

<em> </em>

<em> </em>

<em> </em>

<em> </em>

<em> </em>

<em> </em>

5 0
3 years ago
Consulting immediately paid $500 cash for utilities for the current month. Given the choices below, determine the general journa
Andru [333]

Answer:

a. Utilities Expense 500

    Cash 500

Explanation:

Given: Consulting immediately paid $500 cash for utilities.

As $500 cash been paid for utility expenses.

We know the golden rule of accounting transaction:

  • Personal accounts: Debit the receiver, credit the giver.
  • Impersonal real account: Debit what comes in, credit what goes out.
  • Impersonal Nominal account: Debit all expenses and losses, credit all profit and gains.

Paid for utility expense of firm is not the personal account, however, it is impersonal account. In the given case, cash is going out of business.

Therefore, Debit all expense and losses and credit what goes out of business.

Journal Entry of the transaction:

Debit utility expenses account--- $500

     Credit cash account--- $500

5 0
4 years ago
Rodney, the sole shareholder of Orange Corporation, an accrual method, calendar year corporation, loaned the corporation a subst
Lemur [1.5K]

Answer:

d. Orange Corporation will be allowed to deduct the interest expense in 2019 and Rodney will be required to report the interest income in 2019.

Explanation:

Since Orange Corporation is an accrual based organisation they cannot deduct the interest expense until Rodney (a cash basis taxpayer) recognises it as an income.

Rodney will recognise the income in January 2019 when he has received payment, and this is when Orange Corporation will ba able to deduct the interest expense.

6 0
3 years ago
Global Enterprises has just signed a $3 million contract. The contract calls for a payment of $.5 million today, $.9 million one
kakasveta [241]

Answer:

$2.58 million

Explanation:

Given that

First payment today = 0.5million

Second payment a year time = 0.9 million

Third payment in 2 years time = 1.6 million

In calculating the real worth of the contract, second payment must be brought back by one period at 12% rate because the payments a made a year from today and also the third payment must be brought back two period at 12% rate because the payments is made two years from today.

Thus

Real value/worth = 0.5 + (0.9 ÷ [1 + 0.12]) + (1.6 ÷ [1 + 0.12]^2)

= 0.5 + 0.803 + 1.275

= 2.578 million

Approximately $2.58million

7 0
4 years ago
Would raising the price of a product create a larger decline in quantity demanded for a monopolistic competitor than it would fo
anyanavicka [17]

Yes, raising the price of a product  can create a larger decline in quantity demanded for a monopolistic competitor than it would for a monopoly.

<h3>What is demand?</h3>

Demand can be defined as the amount of products or goods and services in the market that consumer are ready or willing to buy.

When there is increase in price of a product, buyer or  consumer will tend to buy from competitors that offers  lower price.

Therefore raising the price of a product can create a larger decline in quantity demanded for a monopolistic competitor than it would for a monopoly.

Learn more about demand here:brainly.com/question/1245771

#SPJ1

8 0
2 years ago
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