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DerKrebs [107]
3 years ago
9

Jenkin's, a large retail store, has lately been experiencing issues with sales and has lost a lot of customers. Bobby is hired t

o manage the store. He is found to be a tough leader who focuses on and plans to improve efficiency by setting high standards for his subordinates. He is not very popular amongst his subordinates as he ignores their needs. However, his method of leading gets work done and sales soon start to improve. In the context of the relationship between leadership style and situational favorability, Bobby is a(n) _____.
Business
1 answer:
Arturiano [62]3 years ago
8 0

Answer: Task-oriented leader

Explanation: In a task leadership strategy, the leader focuses only on the task that needs to be completed. This is a performance oriented approach. While using this approach the manager strictly tries to make his employees to adjust on the working environment.

In the given case, Bobby is a tough leader and do emphasize on the tasks and takes less care of his employees needs and preferences.

Thus, we can conclude that bobby is a task oriented leader.

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The marketing manager for Mountain Mist soda needs to decide how many TV spots and magazine ads to run during the next quarter.
spayn [35]

Answer: The LP model is given as :

max: 1.180( 420000 A + 500000 B )

subject to : (a.) 7000 A + 2500 B ≤ 100000

(b.) 7000 A ≤ 70000

(c.) 2500 B ≤ 50000

Explanation:

Let us assume;

A be the no. of T.V spots

B be the no. of magazine spots

Given:

(a.) Mountain Mist earns a profit margin of $1.80 on each case of soda that it sells.

(b.) Each TV spot costs $7000 and is expected to increase sales by 420,000 cases.

(c.) Each magazine ad costs $2500 and is expected to increase sales by 500,000 cases.

∴ The objective function of this model will be given as :

max: 1.180( 420000 A + 500000 B )

(d.) A total of $100,000 may be spent on TV and magazine ads combined.

(e.) Mountain mist wants to spend no more than $70,000 on TV spots and no more than $50,000 on magazine ads.

∴ The subjective function will be :

(a.) 7000 A + 2500 B ≤ 100000

(b.) 7000 A ≤ 70000

(c.) 2500 B ≤ 50000

∴ The LP model is given as :

max: 1.180( 420000 A + 500000 B )

subject to : (a.) 7000 A + 2500 B ≤ 100000

(b.) 7000 A ≤ 70000

(c.) 2500 B ≤ 50000

4 0
3 years ago
A corporation is considering expanding operations to meet growing demand. With the capital expansion, the current accounts are e
andre [41]

Answer:

B) a decrease of $40,000

Explanation:

As we Know Working capital is the the net or current assets and current liabilities.

Increase in Current Assets

Cash                              $20,000

Accounts receivable    $40,000

Inventories                   <u>$60,000</u>

Total Increase in CA   $120,000

Increase in Current Liabilities

Accounts payable       $50,000

Accruals                       $10,000

Long-term debt           <u>$100,000</u>

Total Increase in CA   $160,000

Increase in Working Capital =  Increase in Current Assets - Increase in Current Liabilities

Change in Working Capital = $120,000 - $160,000 = -$40,000

As current Liabilities increased more than the current assets, so the working capital will decrease by $40,000

6 0
3 years ago
Terry company had january 1 inventory of $100,000 when it adopted dollar-value lifo. during the year, purchases were $600,000 an
inna [77]

Answer:

Terry's Closing Inventory is $131,360.

Terry's Gross profit is $431,360.

We follow these steps to arrive at the answers:

<u>1. Calculate the base value of closing inventory (CI):</u>

CI_{base value} = \frac{CI*Index at base year}{current price index}

CI_{base value} = \frac{143360*100}{112} =  128,000

<u>2. Calculate additions to inventory at base price</u>

Additions to inventory = CI_{base value} - Beginning inventory

Additions to inventory = 128000 - 100000 = 28,000

<u>3. Calculate the value of additions to inventory at current prices</u>

Additions to inventory_{current Value} = Additions to inventory_{base Value} * \frac{current price index}{base price index}

Additions to inventory_{current Value} = 28,000 * \frac{112}{100} = 31,360

<u>4. Calculate the value of Closing inventory</u>

Closing inventory = Beginning Inventory + Additions to inventory_{current Value}

Closing inventory = 100,000 + 31,360 =  131,360

<u>5. Compute Cost of Goods Sold (COGS):</u>

COGS = Opening Inventory + Purchases - Closing Inventory

COGS = (100000 + 600000 - 131360) = 568640

<u>6. Compute Gross profit</u>

Gross profit = Sales - COGS

Gross profit = 1000000 - 568640 = 431360

5 0
3 years ago
Which is riskier, but has the potential for a higher rate of return?<br>saving or investing
Arisa [49]
Investing <span>is riskier but has the potential for a higher rate of return</span>
7 0
3 years ago
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FAT FDAT FAT FAT FAT FAT FAT
Assoli18 [71]

Answer:

what kind of question is this ?

Explanation:

6 0
3 years ago
Read 2 more answers
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