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3 years ago

What are the primary strategies that can help groups reach consensus?

Business

1 answer:

stiv31 [10]3 years ago

5 0

Answer and explanation:

In the decision-making process, the consensus is the point at which the members of a given group agree with having decided which is the best path they should take to reach an objective. Strategies that can help come to that state faster include encouraging participation since the most team members collaborate in the decision-making, the more involved they will be the project; introducing a voting system in case there are too many differences among the team members to eventually decide what the majority agrees with; and, creating a team developing a solution in case natural consensus cannot be achieved. They will be in charge of deciding what to do based on information obtained from the discussion.

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Starr Corporation loaned $600,000 to another corporation on December 1, 2020 and, in exchange, received a 3-month, 8% interest-b

prisoha [69]

Answer:

Adjusting entry

Date Account Title Debit Credit

Interest receivables $4,000

($600,000*8%*1/12)

Interest revenue $4,000

(To record accrued interest on note)

3 0

3 years ago

On January 15, Walton Company sold merchandise on account for $3,000 with terms 3/10, n/30. On January 20, the customer returns

Margaret [11]

Answer:

The amount received in cash is $2,328

Explanation:

The amount which is received in cash is computed as:

On January 20, the amount of $600 goods returns from customer, so the remaining balance is

= $3,000 - $600

= $2,400

On the remaining balance, the discount which is evaluated as the payment is received within the discount period which is January 25. So,

= $2,400 x (100% - 3%)

= $ 2,400 x 97%

= $ 2,328

7 0

3 years ago

Jones Corp. reported current assets of $191,000 and current liabilities of $136,000 on its most recent balance sheet. The curren

stiks02 [169]

Answer:

acid-test ratio 1,4044

Explanation:

We are asked for a variation ofthe current ratio

whie current ratio is determinate like:

$\frac{current\: assets }{current\: liab}$

the acid-test will remove inventory from the current assets, leaving only cash, marketable securities and accounts receivables considered for the calculations:

191,000 current assets - 85,000 inventory = 106,000

136,000 current liabilities

191,600 / 136,000 = 1,4044

7 0

3 years ago

The board of directors at Millco announces plans to build six new regional factories in the United States that will produce capi

Umnica [9.8K]

Answer:

The factories will increase economic growth because more jobs will be provided.

Explanation:

Given:

The board of directors at Millco announces plans to build six new regional factories in the United States that will produce capital and consumer goods for the entire western hemisphere.

To find: If economic growth increases or decrease.

Solution:

Economic growth will increase as more jobs will be provided which increases employment.

5 0

3 years ago

Montross Lumber processes wood to be shipped to construction companies. In order to keep its products uniform, Montross conducts

tiny-mole [99]

Answer:

$450

Explanation:

Activity based costing is the process by which a business allocates cost on the basis of the number of times an activity is carried out.

For example if different departments use a photocopier to copy 3,000, 5,000, and 2,000 sheets. The total cost will be allocated based on amount of activity per department.

In this instance

Total number of boards= 36,000

Inspections= 5% of the total

Inspection cost= $15 per hour

Percentage that will be inspected= 0.05 * 36,000 = $1,800

It takes one minute to inspect each board, there are 60 minutes in one hour. So 60 boards are inspected in one hour.

Number of inspection hours= 1,800 ÷ 60= 30 hours

Total cost of inspection= Cost per hour * Number of hours

Total cost of inspection= 15 * 30= $450

7 0

3 years ago