Answer:
The correct answer is:
o A benefit of goals is that they help motivate employees.
o One of the drawbacks of plans is that they can create a false sense of security.
Explanation:
As a manager, working with employees to set goals is a great activity to motivate employees. But setting goals with employees has a disadvantage that they may create a false sense of security they may feel that everything is just taken for granted and is therefore considered as a disadvantage. Plans can be flexible to the changing environment.
The point estimate or p hat is a single value that shows the best estimation of a certain parameter among a population.
To calculate point estimate, we divide the parameter by the whole population.
In case of this problem:
p hat = 51/84 = 0.607
To get the percent, we multiply the output by 100:
% of point estimate = 0.607 x 100 = 60.7%
The owners of the business should be able to register the company under sole-propietorship. In this type of ownership, the owners have the money and the money is considered theirs on the personal level. Thus, this makes them liable to single level of taxes.
<span>Raoul is an illiterate who does not have proper skills for any job. As a result, he is unable to find permanent employment. As a last resort, Raoul starts a diner in his home to earn a regular income for his family. In the given scenario, Raoul most likely started the diner because it offered an income for his family using skills that he possesses. Since Raoul is not able to stand apart from competition when it comes to everyday jobs, Raoul needed to find a way to earn income for his family. Motivated to do so, Raoul put is skills to work and developed a way to make it happen for his family. </span>
Answer: $4,375
Explanation:
Annual Depreciation at end of year 5 is the same as every year as this is classical straight line depreciation.
= (Cost - Salvage value) / Useful life
= (40,000 - 5,000) / 8
= $4,375