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Digiron [165]
3 years ago
12

As the manager of new restaurant with new employees, Pat began by being very directing so that all the employees knew what to do

. As the employees become fairly confident in their job, what should Pat do according to a contingency model of managerial leadership?
A. Pat should become a delegating leader who lets the employees do their job.
B. Pat should become less directive and more relationship oriented.
C. Pat should continue to be directive because the situation still requires it.
D. Pat should continue to be directive because that is the style employees are used to.
Business
1 answer:
rewona [7]3 years ago
4 0

Answer:

Pat should become less directive and more relationship oriented.

Explanation:

Contingency model of management is when a manager handles situations based unique situation that is involved and not on strict laid down rules. For example if a staff does not perform a task instead of sanctioning him, the manager can ask for feedback on why the task was not performed and then base his action on the unique situation that led to the nonperformance.

As the employees become fairly confident in their job, Pat should develop more of a relationship oriented leadership that varies based on unique situation.

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You plan to borrow $40,000 at a 6% annual interest rate. The terms require you to amortize the loan with 7 equal end-of-year pay
STALIN [3.7K]

Answer:

Interest for second year $2,114.08

Explanation:

given data

loan Amount = $40,000.00  

Interest rate r = 6.00%  

time period t = 7  

solution

we get here first Equal Monthly Payment EMI that is express as

EMI = \frac{P \times r \times (1+r)^t}{(1+r)^t-1}      ................1

here P is Loan Amount and r is rate and t is time period  

put here value and we get  

EMI = \frac{40000 \times 0.06 \times (1+0.06)^7}{(1+0.06)^7-1}    

EMI = $7165.40  

now

we get here interest for second year that is

Closing balance at year 1 = opening balance + Interest - EMI Payment

Closing balance at year 1 =  $40,000  + $2400 - $7165.40  

Closing balance at year 1 =   $35234.60

so Interest for second year $2,114.08

8 0
3 years ago
When Federal Reserve Banks purchase government from commercial banks, they increase the reserves in the banking system, which th
Arte-miy333 [17]

When Federal reserve banks purchase government securities from commercial banks, they increase the reserves in the banking system and they also increase the lending ability of the commercial banks.

If the Federal reserves want to increase the reserves, what they do is to buy securities. They then make a deposit to the account held at the commercial bank.

An example is if the Feds should buy securities of 1000 dollars, the bank would be having an excess of 1000 dollars to lend.

Read more on brainly.com/question/13068941?referrer=searchResults

4 0
2 years ago
Marcos Industries uses the retail method of inventory costing. The retail value of the inventory is $478,000. If the ratio of co
dybincka [34]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

The retail value of the inventory is $478,000. The ratio of cost to retail price is 60%. What is the amount of inventory to be reported on the financial statements?

Inventory= 478,000*0.60= $286,800

7 0
3 years ago
Brewster's is considering a project with a life of 5 years and an initial cost of $120,000. The discount rate for the project is
PSYCHO15rus [73]

Answer:

Net present value 27.792‬

Explanation:

<u>Sales</u> 2.100 units x 20 net cash flow =<em> $ 42,000 cash flow per year</em>

<u>Present value of the first three years:</u>

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 42,000

time 3 years

discount rate: 0.12

42000 \times \frac{1-(1+0.12)^{-3} }{0.12} = PV\\

PV $100,876.9133

For year 4 and 5 we need to check for the expected cashflow

<u>We will multiply each outcome by their probability:</u>

1,400 units x $20 per unit x 0.5 chance =  14,000

2,500 units x $20 per unit x 0.5 chance = 25,000

expected return:    <em>39,000</em>

<u>present value of these years:</u>

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $39,000.0000

time   4 end of year 4th

rate  0.12

\frac{39000}{(1 + 0.12)^{4} } = PV  

PV   24,785.21

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $39,000.0000

time   5 end of year 5th

rate  0.12

\frac{39000}{(1 + 0.12)^{5} } = PV  

PV   22,129.65

<u>Net present value</u> will be the present value of the cash flow less the investment.

100,877 + 24,785 + 22,130 - 120,000 = 27.792‬

7 0
3 years ago
If during the past decade the average rate of monetary growth has been 5% and the average inflation rate has been 5%, everything
skad [1K]
A is the answer


Sorry if I’m wrong
7 0
3 years ago
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