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ad-work [718]
3 years ago
8

In todayâs workplace, teams are a vital force, and the majority of business professionals must collaborate on the job. The trend

toward teams indicates that many companies consider teamwork fundamental to their success.
Organizations form teams because teams usually.a) require less workb) encourage conflictc) response more quickly
Business
1 answer:
Sphinxa [80]3 years ago
5 0

Answer:

c) response more quickly

Explanation:

Teamwork refers to working in collaboration towards attainment of a common goal. Teamwork leads to synergistic gains as the collective group work exceeds the work carried out individually.

Following points highlight the importance of team work in an organization:

  • Promotes problem solving skills: Working in a team helps individual develop problem solving skills.
  • Improved coordination and communication: Teamwork leads to better familiarity and thus improves coordination.
  • Increased efficiency and quicker responses: Teamwork leads to synergistic gains as collective effort exceeds individual effort and also expeditious performance.  
  • Promotes learning: One to many interactions among team members promotes learning
  • Builds a sense of belonging: Since all team members are united by one common goal, teamwork builds a sense of belonging w.r.t organization.
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Employee involvement and participation​ (eip) management is a method of management where​ ________.
Fittoniya [83]
It's a method where <span>subordinates share a significant degree of decision-making power with their immediate superiors
One positive benefit of the employee involvement and participation is that companies will prepare more employees to understand the company's operational method and make more potential leaders for the company if it choose to expand in the future</span>
7 0
3 years ago
Jun. 15 Several MBA groups participate in TEAM adventures. Great Adventures provides services on account for $24,000 to these gr
zubka84 [21]

Answer:

June 15

Dr. Account Receivable $24,000

Cr. Service Revenue      $24,000

At the time of Receipt in July

Dr. Cash                          $24,000

Cr. Account Receivable $24,000

Explanation:

As the Services are performed on June 15, and Great Venture has a right to received the payment against the services provided. So, the revenue is recognized and The payment for the services has not been made yet. This result in the creation of account receivable, That is expected to receive in July.

In July the payment is received. The cash account will be debited as the cash is received and on the other hand account receivable will be credited to remove the due balance of $24,000 from receivables balance.

5 0
3 years ago
The useful life of a new plant asset _____. is the same as the asset's total productive life. might not exceed one year. might b
gulaghasi [49]

Answer:

The correct answer is letter "C": might be estimated based on the experience of others or on engineering studies and judgment if the company does not have past experience with a similar asset.

Explanation:

A company's assets represent the<em> cash, patents, accounts receivable, equipment, plants, </em>and <em>land</em>, among others, useful for the firm to generate profit. When it comes to plant assets, they are considered fixed assets for cost accounting purposes and are nothing but the <em>land, buildings and machinery</em> useful for manufacturing.

<em>Calculating the useful life of a plant asset can be complicated and may require engineering studies. However, if the expertise of an employee is good enough to determine it the firm must take advantage of this strength but if there is nobody with this capability the institution should look for someone who does moreover when it does not have experience computing the useful life of such assets.</em>

8 0
3 years ago
Roz takes care of the neighborhood children, and in exchange, she is given
Marina86 [1]

Answer:

Bartering

Explanation:

5 0
3 years ago
Mary's construction company receives a lucrative contract to build car ports on a U.S. Air force base. To celebrate she purchase
Veronika [31]

Answer: Thee Multiplier Process

Explanation:

The Multiplier Effect is the change in income that results from a change in Expenditure.

Essentially it is the rise in income resulting from new injections of money.

Broadly speaking, injections can come from, Government Spending in the Economy, Investment by firms, Exports and the like.

Injections increase the flow of income as the text portrays as it translates to money going into someone else's hands which they use to do something that enables someone else to get paid and so on and so forth.

That is what happened in the text.

Mary got an injection from the US Government, this enabled a salesman to go on a date, which enables a Ballerino his rent .

An injection of extra income leads to more spending, which creates more income, and so on.

If you require further clarification do react or comment.

7 0
3 years ago
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