Business management systems need three major components in order to provide the services expected by today’s managers. these include them to be leaders, moral builders, and people skills.
<h3 /><h3>Who are managers?</h3>
A manager can be defined as a person who is in charge of managing or looking after an organization, he is an acting leader who helps in delegating responsibilities as well as setting goals.
Also, he possesses some leadership qualities which help in running an organization smoothly.
The three qualities that the managers of today's time are incorporating are
- Today's managers must possess people skills.
- Managers today must be true organizational leaders.
- Managers today are expected to inspire their teams and exhibit their morals.
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Answer:
the service revenue is $1,590,790
Explanation:
The computation of the service revenue is shown below:
= Service revenue in trial balance + Services that were neither billed nor paid
= $1,425,790 + $165,000
= $1,590,790
hence, the service revenue is $1,590,790
We simply added the above two amounts
10 washes and 8 dryer which average around 1000
Answer:
reserve requirement = 100/1000 x 100 = 10% (=required reserves/deposits x 100)
reserve ratio = (100 + 25)/1000 x 100 = 12.5% (=(excess reserves + required reserves)/deposits x 100)