1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sloan [31]
3 years ago
12

You notice that when customers have too many choices, they are less likely to make a decision about what to buy, so you tell all

of your employees to bring out only three things at one time. In addition, you start to pay your employees a commission for every item that they sell.
Business
1 answer:
grin007 [14]3 years ago
7 0

Answer:

This statement falls under Classical Management Theory

Explanation:

In this case, managers want to help customers in making their choices easy and simple for them. Yes, its very much true that too many choices create ambiguity, it becomes very hard for the customers to choose from overload of choices, that's the reason Apple only came with one phone model, iPhone. Furthermore, managers want employees to help customers, therefore, they have linked their motivation directly with the incentives and commissions, which directly falls under the classical management theory, which says that employees have certain economic and physical needs which they have to meet and fulfill. Moreover, classical management theory also helps us in the areas of leadership, specialization of labor, profits, and decision making. Here managers want to streamline their operations as well, which is also another feature of management theory.  

You might be interested in
Why are russian and eastern europe interested to international managers? identify and describe reasons for such interest as well
algol13

Russian and Japanese Europe are interested in international managers: global control refers to the control of commercial enterprise operations in an employer, running in more than one country. global control has a whole lot of blessings.

International managers continually should arrange their commercial enterprise to evolve to neighborhood necessities of all international locations. firstly, they need to create a command hierarchy that involves human beings operating in multiple countries. Then, they must adhere to the local laws and guidelines of the nations they operate in.

It takes a wide range of know-how to be an international manager. They ought to have a complete historical past and aggressive intelligence in marketing, income, finance, and human sources. high-quality networking and pass-cultural communique abilities also are important.

International managers make a contribution with their cultural skills and knowledge of international economics, trade, governments, contracts, markets, and finance to ensure an organization's front into worldwide markets is aligned with its desires and goals.

Learn more about international managers here: brainly.com/question/24553900

#SPJ4

6 0
1 year ago
In October of the current year, Jasmine received a $15,520 payment from a client for 32 months of rent. The rental period begins
serg [7]

Answer:

Jasmine recognize $1,940 this year if she uses the accrual method of accounting.

Explanation:

The Accrual or Matching Concept in accounting requires revenues and expenses to be recorded in the period i which they occur or incur.

The entry to record the receipt of payment is :

Cash $15,520 (debit)

Unearned Rental Income $15,520 (credit)

By the end of the year on 31 December, 4 months rent income starting September will have been earned and entries are as follows :

Unearned Rental Income $1,940 (debit)

Rental Income $1,940 (credit)

Rental Income calculation = $15,520 × 4 / 32

                                           = $1,940

5 0
3 years ago
Sarasota Company has a balance of $2,200 in Allowance for Doubtful Accounts before adjustment. The estimated uncollectibles unde
andrew-mc [135]

Answer:

Debit : Allowance for doubtful debts = $2900

Credit : Accounts receivables = $2900

Explanation:

An account for allowance for doubtful debts is a contra account created, predicting that certain debtors will not be able to pay for the goods and services they purchased. This may be based on historical experiences. Doubtful debts aren’t officially uncollectible, it is simply an estimation made, but bad debts are, where you have officially written off a certain accounts receivable as uncollectible.

An allowance for doubtful debts is recorded in the balance sheet, directly under accounts receivables. Bad debts are recorded as an expense in the income statement. When there is an allowance for doubtful debts, the bad debts account is debited and the allowance for doubtful debts account is credited.

According to the question, the balance was $2,200 (Cr) in the allowance for doubtful debts account. The initial expected amount for allowance for doubtful debts was $5100 (Cr). This means that the difference was the amount that was declared as uncollectible and officially written off i.e. bad debts. Thus $2900 ($5100 -$2200) would have been confirmed as bad debts.

The entry to record the above transaction is:

Debit : Allowance for doubtful debts = $2900

Credit : Accounts receivables = $2900

5 0
3 years ago
A. Cash receipts from customers for services rendered __________ Operating __________Inflow
vaieri [72.5K]

Answer:

a. Cash receipts from customers for services rendered

Indication: <u>Operating activities </u>and <u>Cash Inflow</u>

b. Sale of long-term investments for cash

Indication: <u>Investing actiivity</u> and <u>Cash Inflow </u>

c. Acquisition of property, plant and equipment for cash

Indication: <u>Investing activity</u> and <u>Cash Outflow</u>

d. Payment of income taxes

Indication: <u>Operating activity</u> and <u>Cash Outflow</u>

e. Bonds payable issues for cash

Indication: <u>Financing Activity</u> and <u>Cash Outflow</u>

f. Payment of cash dividends declared in previous year

Indication: <u>Financing activity</u> and <u>Cash Outflow</u>

g. Purchase of short-term investments (not cash equivalents) for cash

Indication: <u>Investing activity</u> and <u>Cash Outflow</u>

h. Purchases of inventory for cash

Indication: <u>Operating activity</u> and <u>Cash Outflow</u>

<u />

<u>Definition of terms</u>

<u>Operating Activity:</u> This activity will show how much the cash flow from the business in operating . This included net profit and changes in assets and liabilities and amortization expenses .

<u>Investing Activities</u>: This part is shows the where the money is invested or investment is sold.

<u>Financing Activities</u>: This activities will show the cash flow from financing activities between the reporting period example. Raising or payment of the fund through the common stock , preference and bonds etc.

5 0
3 years ago
Touchtech earns revenue when edison purchases 100 shares, even if he purchases them from an existing shareholder.
Strike441 [17]

Answer:

A. An increase in the perceived profitability of Touchtech will likely cause the value of Edison's shares to rise.

B. Expectations of a recession that will reduce economy-wide corporate profits will likely cause the value of Edison's shares to decline

Explanation:

The price of the stock changes only because of the changes in the profitability of the firm. If the company is earning lower profits then the prices of the stock will fall and vice versa. So the option A is correct because increase in profitability increases the value of the shares.

So the main thing here is the profitability of the firm which is affected by the recession in the economy because during the recession period the profitability of the firm decreases and so the value of the stock decreases. So the option B is correct

6 0
3 years ago
Other questions:
  • Exercise 4-6 Completing the income statement columns and preparing closing entries LO P1, P2 These partially completed Income St
    14·1 answer
  • Which best explains how the invention of money affected the barter system?
    5·2 answers
  • If a company uses a keystone price of $40 how much was the cost of the item to the company?
    5·2 answers
  • For purposes of allocating joint costs to joint products, the estimated net realizable value at split-off is equal to A. final s
    11·1 answer
  • A school at which you are likely to be accepted because you meet graduation requirements is called a:
    7·2 answers
  • What is the preferred method of resolving a partner's deficit balance, according to the Uniform Partnership Act?
    5·1 answer
  • LBM, Inc. issues 25,000 shares of common stock for $20 per share. The stock has a par value of $1 per share. By what amount woul
    8·1 answer
  • Plz click the photo and help me multi choicee ​
    5·2 answers
  • What does this part of the safety manual indicate about
    5·1 answer
  • In a sweezy oligopoly, the profit-maximizing level of output occurs where:_____.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!