Answer:
1.Jan 01 Dr Cash 360,000
Cr Notes payable 340,000
2.Interest expense 28,800
Principal Reduction 61,364
Explanation:
MM Co.
1 . Journal entry
Since MM Co. borrows $360,000 cash on January 1 from a bank this means we have to
Debit Cash with the amounts of money he borrowed which is $360,000 and Credit Notes Payable with the same amount.
Jan 01 Dr Cash 360,000
Cr Notes payable 340,000
2. Calculation of the amount goes toward interest expense and Principal reduction
Interest expense 28,800
(360,000*8%)
Principal Reduction 61,364
(90,164-28,800)
Answer:
In Transformational leadership the leaders works to motivate and engage the followers by directing their behavior toward a shared vision.
Explanation:
An example of Transformational leadership would be when a new Company is formed and employees are motivated to work towards a common long term objective or when an established Company enters into a new Line of Business or launches a new Product.
In Transactional leadership the leader’s focus is on the role of supervision, organization, and collective performance of a group. They are concerned about the status quo and day-to-day progress toward goals. The transactional model is likely to be successful in a crisis situation or in projects that require linear and specific processes. This model is also useful for managing big Portfolios in Banks or Asset management Companies.
In Charismatic leadership the leader works on encouraging particular behaviors in others by way of eloquent communication, persuasion and force of personality. Such leaders motivate their followers to get things done or improve the way certain things are done. An example of Transformational leadership would be when a new Company is planning to expand and Takeover a new Company in the same Line of Business or when and Organization tries to achieve the best in the Industry award. This is the situation when power of speech and communication is required to persuade and motivate the people working in the Organization.
Answer:
b. The project manager outlines the project goals
Explanation:
As the name suggests, a project kick off meeting refers to the first and foremost meeting between project manager and his team and the clients of a project when commencing a new project.
The purpose behind such a meeting is to familiarize the project team, make them better understand the project and it's requirements and agreeing upon a plan of work together to accomplish the task.
Following steps would be noteworthy for conducting an effective project kick off meeting:
- The project manager prepares his team and outlines and conveys the project goals to the team members and how they are to be attained.
- Beginning the project client relationship on a good note and gaining client's support.
- Putting one's best efforts with a systematic planned approach for the project kick off client meeting.
Answer: Critical thinking
Explanation: Critical thinking can be defined as the analysis of complex subject matters of the business. Critical thinking helps in betterment of business operations and lead to better client outcomes.
Critical thinking process is performed by the top level management with the intent of making decision that could affect the business overall.
Because amazon prime offers <u>super-fast, free shipping, many other </u><u>retailers</u> have had to offer the same type of shipping in order to compete. This is an example of <u>horizontal channel conflict</u>.
What is amazon prime?
A paid subscription model from Amazon called Amazon Prime is accessible in many different countries and grants users access to extra services that would otherwise be either unavailable or priced higher for other Amazon customers. <u>Services include grocery shopping, streaming music, video, and e-books, as well as same-day, one- as well as two-day delivery of goods</u>. Amazon stated that Prime had more over 200 million subscribers worldwide as of April 2021. In Australia, Canada, Germany, Italy, this same United Kingdom, India, as well as the United States, Amazon Prime membership also grants access to Amazon Video, which offers free instant streaming of a limited number of movies and TV shows. The Kindle Owners' Lending Library, that also enables users to borrow up to one popular Kindle e-book per month, was made available to Prime members in November 2011.
To learn more about amazon prime
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