Answer:
The answer is: D) It is easy to create a sole proprietorship.
Explanation:
One of the main characteristic of a sole proprietorship is the flexibility of setting it up or closing it.
Since a sole proprietorship is the most basic type of business, it is easy to create and probably the most common type of business in the whole world. For example an accountant or a lawyer setting up an office, or even a housewife selling handicrafts through Ebay.
Answer:
The answer is: B) management by objectives (MBO)
Explanation:
Management by objectives (MBO) is a strategic management model developed by Peter Drucker. Drucker's main principle stated that MBO was: to determine joint objectives and to provide feedback on the results.
According to this model, when employees participate in setting goals and action plans they will feel encouraged to participate and commit to the organization's goals. By jointly (employees + management) setting challenging but attainable objectives, employees felt empowered and motivated to fulfill those goals.
Answer:
C.105,500 units
Explanation:
Equivalent unit of production is the quantity of work done in the manufacturing / production department. It also includes the completed percentage portion of the units in work in process.
Units complete and transferred = Beginning units + Additions - uncompleted units = 10,000 units + 100,0000 units - 15,000 units = 95,000 units
Equivalent Units = Units complete and transferred + ( Closing units x percentage completion )
Equivalent Units = 95,000 + ( 15,000 x 70% )
Equivalent Units = 95,000 + 10,500
Equivalent Units = 105,500
