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3 years ago

Why are Management styles so important to an organisation success?.....

1 answer:

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Management styles are important because they effect how well a business runs and operates. Good management, teamwork, and communication make a positive work experience for the employees and a good experience for the customer. Now say that the management has bad communication and teamwork. The business will not run smoothly and customers will be less likely to return, long story short good management= good business and good business= returning customers and returning customers= profit.

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Consider the following two separate events for a company during the year: 1. Loss on sale of investments = $30. 2. Unrealized ga

Serggg [28]

Answer:

A.) Net income = $(30); Comprehensive income = $(10).

Explanation:

First, the multiple choices to the question

A.) Net income = $(30); Comprehensive income = $(10).

B.) Net income = $(30); Comprehensive income = $20.

C.) Net income = $0; Comprehensive income = $(10).

D.) Net income = $(10); Comprehensive income = $20.

The question is to determine the effect of the two events listed on the Net Income as well as the comprehensive income

First, we look at event one:

The loss of sales of investment = #30

The effect of this is to debit the income statement because it is a net loss of $30. It brings a reduction to the income side. Income will usually have a credit balance, but a net loss reduces income therefore, it will be debited.

Second, the Unrealized gain on investment from increase in fair value = $20

The effect is $10 which represents $30 from the loss - $20 from the unrealised gain. It will however, also decrease the comprehensive income by the $10.

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2 years ago

What is the effect of a 10 percent price increase on quantity demanded if elasticity is infinite?

Julli [10]

Answer:

Demand drops to zero

Explanation:

Infinite elasticity of demand is also called perfect elasticity of demand.

In this scenario the demand for a product is attached to it's price.

There is an infinite change in the quantity demanded as a result of change in price.

Graphically it is a horizontal demand curve as represented in the attached

Even a small increase in price will cause demand to fall to zero.

Examples are luxury goods such as high end cars and expensive jewelry.

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2 years ago

Factors of production are the parts of the economy that:

svetoff [14.1K]

Factors of production are the parts of the economy that: c. are necessary for creating goods and services.

Option C

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2 years ago

Years ago, the travel industry was controlled by a few large travel companies that booked holidays, air tickets, bus tickets, an

malfutka [58]

Answer:

A. The travel industry changed from a consolidated structure to a fragmented one.

Explanation:

In the given passage, the speaker talks of the change in the way travels are managed. Initially, few large travel agencies took control of the way travel is arranged, from booking tickets to managing hotel rooms.

But as the internet grew and many people are able to access it, travels, accommodations, etc. are being managed by the individuals themselves or even smaller travel agencies are able to do the work without the need for such large companies to be involved.

This shows that the travel industry changed from a consolidated, large companies structure to a fragmented one, that of smaller agencies and even individuals themselves.

Thus, the correct answer is option A.

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2 years ago

When a government transfers the rights and obligations of an asset to another legally separate governmental or private sector en

Mamont248 [21]

Answer: A service concession arrangement (D)

Explanation:

A service concession arrangement is an agreement whereby the government contracts with a private enterprise in order to operate, develop and maintain an infrastructural facility such as a tunnel, bridge, road, hospital, airport or prison. The government regulates and controls the kind of services the operator must provide, to whom the services are provided and at the price the services will be provided.

Concession agreements can also be between a non-governmental owner and a concessionaire, whereby the non-governmental owner gives the operator the exclusive rights to use and maintain the business for a stipulated period of time under specified conditions.

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2 years ago