Answer:
The most appropriate leadership style is the Visionary Leadership style
Explanation:
To successfully implement the new system, The leader needs to get his team mates' buy-in by helping them see the impact of the change on the business and how the change impacts their jobs and also emphasize their role in making the change happen successfully
With this style the leader:
1) is taking responsibility for facilitating the change and communicating how the change will happen.
2) Selling the vision by explaining and describing the vision and influencing his team.
3) Ensures the appropriate persons align the vision with their jobs and objectives.
Answer:
30,154 units
Explanation:
In this question we use the formula of break-even point in unit sales which is shown below:
= (Fixed expenses) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $15 - $8.5
= $6.5
And, fixed cost is $196,000
Now put these values to the above formula
So, the value would equal to
= ($196,000) ÷ ($6.5)
= 30,154 units
Capital is referred to Money on this business and economics world, Princess
Answer:
a) 0.10 or 10%
b) 0.5417 or 54.17%
Explanation:
a) The median income of $60,000 is at the 50th percentile of the distribution. If 40% if incomes are above $72,000, then an income of $72,000 is at the 60th percentile of the distribution. Therefore, the probability that a family's income will be between $60,000 and $72,000 is:
b) If the distribution is known to be uniform, the probability that a random chosen family has an income below $65,000 is: