A determination of whether consideration exists depends on a comparison of the values of the things exchanged.

At Groovy Rags, a trendy retail store, manager Eon Forcer doesn't waste any time thinking about whether the employees on his shi

matrenka [14]

Answer:

Theory X.

Explanation:

In this scenario, Groovy Rags, a trendy retail store, manager Eon Forcer doesn't waste any time thinking about whether the employees on his shift get their breaks at a reasonable time. In fact, he claims he is hard pressed to determine which one has "worked hard enough" to even deserve a break. Earlier today, Eon remarked, "I've never met one that likes this job! They're only biding their time and here for the money." Eon's managerial style would be classified as Theory X.

Douglas McGregor developed the theory x and y in the 1950s while working at the MIT Sloan school of management.

Theory X suggests that employees working in a particular organization dislike work, possess minimal ambition, and are generally not willing to take up responsibility.

Hence, with the Theory X it is very important and essential that these employees be supervised and rewarded externally with prizes and punishment should be used when they err.

4 0

3 years ago

In which part of a résumé would you mention the names and contact details of your previous employers?

S_A_V [24]

Answer:

work experience is the correct answer for PLATO

5 0

2 years ago

Read 2 more answers

During its first year of operations, Silverman Company paid $15,085 for direct materials and $10,200 for production workers' wag

elena-s [515]

Answer:

$4,550

Explanation:

First, we need to calculate the product cost per unit

Product cost per unit = Total production costs / Units produced

= ($15,085 + $10,200 + $9,200) / 6,050 units

= $5.7 per unit

Cost of goods sold = $5.7 × 3,700 units

= $21,090

Net income = Sales - Cost of goods sold - Operating expenses

= ($8.2 × 3,700) - $21,090 - $4,700

= $30,340 - $21,090 - $4,700

= $4,550

6 0

2 years ago

A company produces a single product. Variable production costs are $13.20 per unit and variable selling and administrative expen

Alex Ar [27]

Answer:

the ending inventory is $13,200

Explanation:

The computation of the dollar value of the ending inventory under variable costing is shown below:

= Variable production cost per unit × difference in units

= $13.20 per unit × (5,200 units - 4,200 units)

= $13.20 per unit × 1,000 units

= $13,200

hence, the ending inventory is $13,200

5 0

2 years ago

Michael Company reports the following account balances at the end of the first year of operations: Revenues $ 160 comma 000 Cos

professor190 [17]

Answer:

$46,000

Explanation:

The computation of the total liabilities at the end of the first year is shown below:

We know that

Total assets = Total liabilities + stockholder equity

where,

Total assets = Cash + land + short term investment

= $102,000 + $40,000 + $14,000

= $156,000

Stockholder equity = Common stock + net income - dividend paid

= $50,000 + 72,000 - $12,000

= $110,000

So, the total liabilities would be

= $156,000 - $110,000

= $46,000

Working Note:

The net income is

= Revenue - cost of goods sold - Salaries Expense - Utilities Expense - Advertising Expense 

= $160,000 - $46,000 - $21,000 - $11,000 - $10,000

= $72,000

3 0

3 years ago