You are a manager and have both new and seasoned employees. According to your textbook, you should provide <u><em>structured tasks</em></u> for new workers while providing <u><em>less </em></u><u><em>directive leadership</em></u> for expert workers.
Managers exercising a directive style of leadership set the course for their teams and instruct them on how to reach their objectives. Leaders that take a command and control style, on the other hand, will provide their employees direction and coaching, define their specific duties and responsibilities, eliminate any roadblocks to productivity, and recognise and reward their employees when they succeed.
The lax laissez-faire management style emphasises handing off responsibilities to subordinates with minimal oversight. A leader with a laissez-faire approach can frequently accomplish more because they do not have to focus as much on micromanaging their staff. Leaders can take this approach if they know their team members are all competent, self-sufficient adults who need little direction.
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Answer:
payback period for the macine 8.8 years
simple annual rate of return: 5.48%
Explanation:
<u><em>payback period:</em></u>
cost / cashflow per year
907,280 / 103,100 = 8.80
<u>simple rate of return:</u>
we calcualte the net incremental in our income that considers the depreciation of the machien as a reduction to the cost savings.
cost savings 103,100
depreciation expense:
(907,280 - 107,320) / 15 = 53.330,66
annual incremental income: 49.769,3
49,769.33 / 907,280 = 0,0548555 = 5.48%
Answer:
A. The quantity demanded for bread will decrease , quantity supplied will increase
Explanation:
PRICE FLOOR is the minimum mandated price set by government , usually above equilibrium price , to ensure producers' protection (if market price is perceived to be low) . EG : Minimum Support Price for agricultural products to protect farmers .
However at this raised price : There is Excess Supply , as Quantity Supplied increases with price increase (law of supply - price & supply direct relationship) , Quantity Demanded falls (law of demand - price & demand inverse relationship)
Answer:
D. May be recorded when the company purchases another business.
Explanation:
Goodwill is the amount in excess of the purchase price of a company acquired less all the liabilities and assets of the company purchased.
It is recorded on the balance sheet as an intangible asset.
Answer:
Explanation: current assets are assets other than fixed asset that a company uses in its day to day operations and are noted in the Balanced sheet of an organisation and they include:
Cash, Account receivable, Inventory, Supplies.
From the above question, the current asset of Buffalo Industries is stated below:
Balanced Sheet (extract)
Current assets :
Cash $97,340
Merchandise inventory $167,950
Supplies. $12,560
Total current asset. $277,850