According to the situational model, your level of development is D4.
Explanation:
The situation leadership approach, created through control of organisation's activities by Paul Hersey and Ken Blanchard, is a guide. The theory was published as the "life cycle leadership hypothesis" in 1969.
The model of situation leadership used by Blanchard in its definition of various levels of development, the words "voice" (ability, knowledge and skills) and "commitment" (esteem and motivation).
According to Ken Blanchard, "The so-called quality stage is composed of the four combinations of expertise and dedication"
D1 – Low competence with high commitment
D2 – Low/middling competence with low commitment
D3 – High competence with low/variable commitment
D4 – High competence with high commitment
Answer:
The answer is option C. car owners wanting car repairs and supply represented by automotive and glass repair and replacement companies.
Explanation:
After earthquakes hit the California coast and damaged tens of thousands of cars, there was a growing demand and need for automotive repair, glass replacement, dent repair and repainting.
Demand is a good or service that consumers are willing and able to purchase at various prices during a given period of time.
In this situation, the car owners are wanting car repairs will be willing to purchase glass and other damaged parts of the car, as well as pay for the services of repairs.
While the automotive and glass repair and replacement companies will handle the supplies and repairs.
The firm’s ethical conduct increases its long-term profitability as the ethical corporate behavior reduces unnecessary legal expenses and the need to pay fines.
Profitability is a measure of an agency's earnings relative to its expenses. companies that can be extra green will understand more income as a percent of their prices than a less-efficient employer, which must spend extra to generate equal earnings.
Examples consist of return on assets, go back on fairness, cash return on assets, return on debt, return on retained earnings, return on sales, threat-adjusted go back, go back on invested capital, and go back on capital employed.
In simple phrases, an enterprise's profitability is the volume to which its overall earnings exceed its overall expenses for any given duration. Profitability is an accounting concept this is occasionally known as net earnings or internet earnings.
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Answer:
- Entry for Establishing Petty cash fund:
Dr: Petty Cash $ 229
Cr: Cash/bank $229
- Entry for Expense paid out of Petty cash:
Dr: Office Supplies $ 95
Dr: Misc Expense $ 120
Cr: Petty Cash $ 215
- Entry for Reimbursement of Petty cash fund:
Dr: Petty Cash $ 0
Cr: Cash/Bank $ 0
No entry is required at the moment as the petty cash fund balance after the transactions is not below $11 which is the reimbursement limit ($229-$95-$215 = $14)
Explanation:
A petty cash fund is a fund established within an entity in order to pay out day to day small expenses out of expenses. It is recognized as an current asset when initially set up and slowly expense out as soon as the money is taken out from it for a specific expense.
Examples: Petty cash payment can be used for below small expenses:
- Postage and stationery
- Meals and entertainment
- Office Supplies
- Conveyance Allowance
- Sundry Expenses etc.
Answer:
Management, as named, is the job of managing a corporation, organization, or business of any kind. Someone in the management position might have jobs such as staffing, planning, organizing, and being a leader among their employees. There is a lot of work put into it; the managers main job is to oversee work and make sure things are running smooth.
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