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Ipatiy [6.2K]
3 years ago
7

Bill is the new CEO at World’s Fair, a nationwide store that specializes in unique items from around the world. At his first man

agers meeting, he told them he likes to think of his management style as practical, efficient, logical, and systematic. Which style of decision maker is Bill?
Business
1 answer:
Harlamova29_29 [7]3 years ago
6 0

Answer:

Directive Style of Decision Making

Explanation:

Decision Making is a crucial step in very leader's work process.

There are following decision making styles :

  • Directive : This leadership style is very logical & practical , quick & systematically efficient. It consumes less information, considers less alternatives. Such style is less open to others creative suggestions, opinions  participation & has very less tolerance to any ambiguity.
  • Analytic : This style is careful & able to adapt  & cope with new situations
  • Conceptual : It focuses on broad information based, creative solutions approach. People using consider multiple aspects of alternatives.
  • Behavioural : This style encompasses all opinions, seeks acceptance of  decisions. People using this have good rapport with co workers.

Bill mentioning his management style as 'practical, efficient, logical, and systematic' highlights towards it being 'Directive style of decision making'

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Suppose your credit card issuer states that it charges a 15.00% nominal annual rate, but you must make monthly payments, which a
lubasha [3.4K]

Answer: 16.08%

Explanation:

The effective annual interest rate simply means the interest rate on a loan that is restated from nominal interest rate.

In the above question, we are informed that it uses 15.00% as the nominal annual rate make monthly payments.

Effective annual rate = (1 + r/m)^m - 1

where,

r = annual nominal interest rate

m = number of compounding periods for the year.

In this case m= 12 since there are 12 months in a year.

The answer has been attached.

3 0
4 years ago
France and England both produce wine and cloth with constant opportunity costs. France can produce 150 barrels of wine if it pro
nignag [31]

Answer: B)150; 0; 100; 50

Explanation:

Based on the information that has been provided in the question, for France to produce a barrel of wine, it'll have an opportunity cost of:

= 100/150 = 0.67 bolts of clothes

For England to produce a barrel of wine, the opportunity cost will be:

= 150/50 = 3 bolts of clothes

Based on the explanation, France has a comparative advantage in wine making as its opportunity cost is lower than that of England.

For France to produce a bolt of cloth, the opportunity cost will be:

= 150/100 = 1.5 barrel of wine

For England to produce a bolt of cloth, the opportunity cost will be:

= 50/150 = 0.33 barrel of wine

Here, England has a comparative advantage in cloth production as its opportunity cost is lower than that of France.

Therefore, we can conclude that France produces 150 units of wine and

0 units of cloth and that France consumes 100 units of wine and 50 units of cloth.

3 0
3 years ago
The first step of the marketing process is to​ ___________________.A. design a​ customer-driven marketing strategyB. build profi
mojhsa [17]

Answer: Option E

Explanation: Marketing process is a process of analyzing market environment for identifying potential opportunities and threats.

The first step in marketing process is understanding the needs and wants of customers. This is done by the organisations by doing market research or by doing market surveys from various mediums. This step has to be done carefully as all the upcoming steps in the process will get affected from it.

Thus, from the above we can conclude that option E is correct.

3 0
3 years ago
Which two of the following skills are important for a meteorologist?
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(A) and (C): <span>You’ll need to need to be methodical, have an enquiring mind and be good at solving problems. The ability to work with data will help you to present meteorological information that is easy for people to understand. - See more at: https://nationalcareersservice.direct.gov.uk/advice/planning/jobprofiles/Pages/meteorologist.aspx#st...</span>
5 0
3 years ago
Read 2 more answers
Multinational corporations are also referred to as ______.
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 <span>Multinational corporations are also referred to as </span>transnational corporations. Hope this helps!!
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