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Answer:
The correct answer is: medium of exchange.
Explanation:
The medium of exchange function of money that helps the society in gaining the benefits of geographic and labor specialization.
The medium of exchange function means that money is an asset that is widely accepted as a medium of exchange in the transactions involving the exchange of goods and services.
The medium of exchange function of money eliminates the need for double coincidence of wants. Thus helps in labor and geographic specialization.
Answer:
The price of the stock today or the price at which the stock should sell today is $61.30
Explanation:
The price of the stock today can be calculated using the Dividend Discount Model approach which values a stock based on the present value of the expected future dividends from the stock. The price of this stock will be,
P0 = 3.15 * (1+0.2) / (1+0.12) + 3.15 * (1+0.2) * (1+0.15) / (1+0.12)^2 +
3.15 * (1+0.2) * (1+0.15) * (1+0.1) / (1+0.12)^3 +
[(3.15 * (1+0.2) * (1+0.15) * (1+0.1) * (1+0.05) / (0.12 - 0.05)) / (1+0.12)^3]
P0 = $61.296 rounded off to $61.30
In achievement oriented leadership where leader behavior includes setting challenging goals for the employee with the expectation that those goals will be achieved.
What are the leadership behaviors in the path-goal theory of leadership?
The four categories of leadership conduct identified by the path-goal theory are:
- Achievement-oriented
- Directive path-goal clarifying
- Supportive
- Participative
What must leaders do for their employees according to path-goal theory?
According to the path-goal theory, achievement-oriented leadership conduct involves encouraging subordinates to perform to the best of their ability by establishing high standards, praising excellence, and expressing faith in subordinates' talents.
Learn more about path-goal theory of leadership: brainly.com/question/17018511
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