Answer:
C. prevent competitors from achieving a significant technological lead.
Explanation:
The approach to management Petra uses is called Flexibility.
Flexibility means adapting to situations as they arise. In management, it means management's ability to change approach to situations regarding their work environment.
Flexibility is important to management because it enables organizations address diverse employee needs. Also, Managers need to adapt to day-to-day shifts in workplace schedules – employee personal issues, an unexpected influx of work and more etc.
It therefore means that Petra is using approach to management called flexibility, which enable her change management style based on the reaction of her employees to a project.
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Answer: Internal benchmarking
Explanation:
Benchmarking on its own is a process that companies use to improve and it works by them comparing certain aspects of their business to others to see if they can do better.
This process can be internal as well and the scenario described is one such example. When employees compare their cases to see how to handle it better, they are comparing aspects of the business in order to grow the business so this falls under benchmarking.
Answer:
$7,875
Explanation:
Total car sales in January: $112,500
Commission at the rate of 7%,
Salary for January is :
7 percent of $112,500
=7/100 x $112,500
=0.07 x $112,500
=$7,875
The effect of repurchasing stock using the cost method is to Increase Treasury Stock, Decrease stockholders' equity ,Decrease Assets.
<h3><u>
What is Cost Method?</u></h3>
- Certain investments are recorded using the cost method of accounting in a company's financial statements.
- When an investor holds an investment that it has little or no control over—typically described as owning less than 20% of the company—they employ this strategy. On the balance sheet, the investment is listed as an asset at its historical cost.
- The investor lists the investment's cost as an asset. Dividend income is recorded as income when it is received and appears on the income statement.
- Depending on the investor's accounting principles, the receipt of a dividend also boosts the cash flow, either in the investing portion or the operational area of the cash flow statement.
Treasury stock, commonly referred to as treasury shares or reacquired stock, describes previously outstanding stock that the issuing corporation purchases back from stockholders. The effect of repurchasing stock using the cost method increases treasury stock.
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