<span>This is the idea of the developing world. In many of these countries, there is a low amount of industrial or technological development. These countries have a rather low standard of living and a higher poverty rate when compared to countries that have technological development and progress.</span>
<span>In the financial industry, "securitization" refers to bundling debt, such as loans, bonds and mortgages into securities. In finance, a security is a tradable asset. They are debt securities such as bonds and then there are equity securities such as stocks. Bundling debt keeps everything organized and streamlined for people to know what they need to pay down. </span>
Answer:
task performance and group maintenance.
Explanation:
Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.
This ultimately implies that, beyond an individual possessing the traits or qualities of a leader, leadership in itself is a process that revolves around the activities or happenings between the leader and those who he or she is leading, which are the followers. Thus, leadership is simply a continuous process and it's transactional in nature because it occurs between a leader and the followers.
A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her.
Some types of power expressed by leaders are referent power, coercive power, etc.
Hence, two important group outcomes or consequences of the interactive process that unfolds between a leader, follower, and the situation include task performance and group maintenance.
Leaders are saddled with the responsibility of ensuring that the follower performs his or her duties or tasks as stated in the contract and to foster cohesion among the various team members.
Answer:
If the special offer earns a positive contribution margin, we should accept the special order.
Explanation:
Given that,
No. of suites in luxury hotel = 160
Regular suite rate = $210 per night per suite
Hotel’s cost per night = $135 per suite
Variable direct labor and materials cost = $36
Fixed cost = 99
Total cost per night per suite = $135
Contribution margin per night per suite:
= Room rate per night - Variable cost per night
= $94 - $36
= $58
Contribution margin from special offer:
= Contribution margin per night per suite × Number of nights × Number of suits
= $58 × 3 × 45
= $7,830
Management should accept the special offer.
When the company receives offer, the hotel is running at low season. occupancy rate is 55%
If the special offer earns a positive contribution margin, we should accept the special order.
Room rate is $94 for special order.
