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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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Assume the following information:
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Answer:

Total product cost= $181,000

Explanation:

<u>The product cost is the sum of the direct material, direct labor, and manufacturing overhead:</u>

Direct materials $ 70,000

Direct labor $ 37,000

Variable manufacturing overhead $ 12,000

Fixed manufacturing overhead $ 25,000

Total manufacturing overhead $ 37,000

Total product cost= $181,000

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Scapegoat theory - apex 

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7) Suppose the real exchange rate is 10, the domestic price level is 8, and the foreign price level is 4. (a) What is the nomina
konstantin123 [22]

Answer and Explanation:

The computation is shown below:

1. Nominal exchange rate is

= (Real exchange rate) × (foreign price level ÷ domestic price level)

= 10 × (4 ÷ 8)

= 5

2. Change in Nominal exchange rate is

Change in  Nominal exchange rate = (real exchange rate change )  + foreign inflation - domestic inflation

= 10 + 4 - 6

= 8%

3.) foreign inflation rate

= Change in Nominal exchange rate - real exchange rate change + domestic inflation

= 5 - 8 + 3

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We simply applied the above formulas

4 0
3 years ago
A budget based on several different levels of activity, often including both a best-case and worst-case scenario, is called a:
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Flexible budget.

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Hoffman Company purchased merchandise on account from a supplier for $65,000, terms 1/10, n/30. Hoffman Company returned $7,500
Stella [2.4K]

Answer: a. $56925 ; b. Account payable

Explanation:

a. If Hoffman Company pays the invoice within the discount period, what is the amount of cash required for the payment?

Purchase invoice = $65000

Less: Return = ($7500)

Net Purchase Invoice = $57500

Less: Discount = $57500 × 1% = $575

Cash received = $56925

b. What account is debited by Hoffman Company to record the return?

The account that is debited by Hoffman Company to record the return is the account payable.

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3 years ago
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