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user100 [1]
3 years ago
8

Relish Corp. is a famous fast food chain in the United States. However, increasing competition affects the company's market. Nic

holas Cain, the CEO of Relish Corp., creates an online forum for employees to share ideas about innovative methods to attract customers. The forum overflows with new ideas. Nicholas conducts a meeting to discuss the ideas and also introduces a recipe customization counter that becomes a grand success. The company subsequently earns back its customer base. According to path-goal theory, Nicholas Cain exhibits a(n) _____.
Business
2 answers:
Gwar [14]3 years ago
8 0

Answer:

Participative leadership style

Explanation:

Path goal theory is a  leadership theory that specifies the leadership style that should be used in an organization to achieve a goal based on the employees and the working environment. The following steps are to be taken based on the path goal theory:

  1. Determine the employee and environmental uniqueness based on their needs.
  2. Selecting a leadership style and adjusting this style based on the employees need.
  3. Focusing on how to motivate the employee to achieve the goal

Participative leadership style is a style in which leaders involves their subordinates by asking them for suggestions before making a decision. This style is best used when subordinates are highly involved and trained.

suter [353]3 years ago
8 0

Answer:

According to path-goal theory, Nicholas Cain exhibits a (n) participative leader behavior

Explanation:

A path-goal manager is continually supportive of his workers. He believes in their individual skills and is dedicated to helping one and all to succeed. An example of this type of leader is the individual who stays in contact with employees each step of the path.

The original Path-Goal theory identifies achievement-oriented, directive, participative, and supportive leader behaviors.

Nicholas Cain clearly exhibits participative leadership by

  • creates an online forum for employees to share ideas about innovative methods to attract customers.
  • conducts a meeting to discuss the ideas and also introduces a recipe customization counter that becomes a grand success.

His Participative leadership style was effective in that helped the company to subsequently earns back its customer base.

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Parr Hardware Store had net credit sales of $6.5mil and cost of goods sold of $5mil for the year. The Accounts Receivable balanc
kifflom [539]

Answer:

Accounts Receivables Turnover Ratio = \frac{6,500,000}{650,000} = 10 times.

Explanation:

Accounts Receivables Turnover ratio = \frac{Net \:Credit \: Sales}{Average \: Receivables}

Here Net Credit Sales = $6.5 million

Accounts Receivables Opening Balance = $600,000

Accounts Receivables Closing Balance = $700,000

Average Accounts Receivable Balance = \frac{600,000 \:+ 700,000}{2} = 650,000

Accounts Receivables Turnover Ratio = \frac{6,500,000}{650,000} = 10 times.

This shows that accounts receivables are on an average 1/10th of credit sales.

Final Answer

Accounts Receivables Turnover Ratio = \frac{6,500,000}{650,000} = 10 times.

3 0
3 years ago
Time preference is: a. the purchase of new capital goods. b. a sophisticated IOU that documents who owes how much and when payme
kirill [66]

Answer:

D. the desire to have goods and services sooner rather than later (all other things being equal).

Explanation:

The time preference talks about the placing relative value on goods received at an earlier date compared with receiving that particular goods at a later date. It is the assumption that people prefer a given goods or services be delivered sooner rather than later all things being equal. It occurs when a person focus on having a good sooner rather than later.

7 0
3 years ago
Read 2 more answers
( WILL GIVE BRAINLIEST!!!) Type the correct answer in the box. Spell all words correctly.
aleksklad [387]

Answer:

0.90

Explanation:

The debt to equity ratio is a type of leverage ratio. It is also known as a risk ratio. It is calculated using the formula below.

Debt to Equity Ratio=Total Shareholders Equity/ Total Liabilities​​.

Shareholders' equity is comprised of retained earnings, share capital, income, and dividends.

Total liabilities are the current liabilities plus long term liabilities.

For Creatz Ltd, Total liabilities are $3500 + $7500= $11,000

Shareholders is $10,000

debt to equity ration

= $10,000/$11,000

=0.90

8 0
3 years ago
__________ is credited with being the first restaurant to franchise.
Mazyrski [523]
During 1850,Frederick Henry Harvey is the one founded the first restaurant chain in the U.S. The first of the Harvey House restaurants opened in 1876, in a terminal of the Atchison, Topeka & Santa Fe Railroad. In 1887, there was a Harvey House restaurant in every 100 miles along the 12,000‑mile‑long Atchison, Topeka & Santa Fe line. He strongly believe that quality control established is the reason why regular field visits to his restaurants, and provided services similar to those used today by franchisors
3 0
3 years ago
What is the mean 2019E EV/Revenue multiple in the Online Direct Sales comps group in 2019?
ddd [48]

Answer:

The question is not clear and complete.

Let me explain how you can calculate Enterprise Value (EV) to Revenue Multiple

Explanation:

A Enterprise Value (EV) to Revenue Multiple is used to value a business by dividing its enterprise value by its annual revenue. The formula to calculate the Enterprise Value (EV) to Revenue Multiple is EV/Revenue

EV = Enterprise Value

EV can be denoted as (Equity Value + All Debt + Preferred Shares) – (Cash and Equivalents)

While Revenue = Total Annual Revenue

This can be calculated when we have a share price, shares outstanding, debt, and cash or its equivalence.

8 0
3 years ago
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