Answer: Autocratic
Explanation: In simple words, Autocratic leadership style refers to a management style under which all the decisions are made by a single person with the ultimate authority. Although, the input from others could be taken into consideration.
In the given case, Dave made a hiring committee to employ new individuals. However the final decision for hiring was to be made by the head of public relations.
Hence we can conclude that the given case illustrates autocratic leadership style.
<span>Listen carefully to what the customer has to say, and let them finish</span>
Answer:
Economic profit= $25,000
Explanation:
Giving the following information:
Last year he earned $200,000 in total revenues and paid $125,000 to his employees and suppliers.
Job offer= $50,000 per year
The economic profit takes into account the opportunity cost of other options.
Economic profit= 200,000 - 125,000 - 50,000
Economic profit= $25,000
Answer:
Key factors:
Customers
Quality of shoes
Brand (trained with a pro before or used by a pro)
modeling expenses
Explanation:
Answer:
$9.687
Explanation:
Given:
Year 3 dividend = $1.00
Year4&5 growth rate = 17%
Constant rate = 7%
Required return rate = 16%
Year 4 dividend wil be:
D4 = 1.00 * 1+growth rate
= 1.00 * (1+0.17)
= $1.17
Year 5 dividend=
D5 = $1.17 * (1+0.17)
= $1.3689
Value of stock after year 5 will be given as:
= $16.2747
For the current value of stock, we have:
Cv= Fd* Pv of discounting factor
Where Cv = current value of stock
Fd = future dividend
Pv = Present value of discounting factor
Therefore,
=$9.6871382455
≈ $9.687
The value of stock today =
$9.687
