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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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A compound transaction was recorded as follows: debit Equipment, $5,000; debit Cash, $1500; credit Accounts Payable, $3,500. Thi
butalik [34]
The trial balance would disagree. It seems that the cash should be credited instead as the situation seems to me that the cash is being expended to pay for the equipment, and the remaining 3500 is liabilities. Therefore, the error should be corrected.
7 0
3 years ago
Gail Griffith, manager of the finance division, distributes relevant information every day to all her employees, enabling them t
cestrela7 [59]

The complete question should be:

Gail Griffith, manager of the finance division, distributes relevant information every day to all her employees, enabling them to make quality decisions. Gail is performing which of the following roles?

A.) Monitor Role.

B.) Disseminator Role.

C.) Spokesperson Role.

D.) Disturbance handler Role.

E.) Figurehead Role.

Answer: Disseminator Role.

Explanation:

Gail Griffith in performing in distributing relevant information to her employees about the job for the day is performing a dissemination role. The dissemination role is a role carried out by an individual, where the individual spreads useful to members of a team/organization to enable their efficient functioning.

8 0
3 years ago
The reorder point r = dm is defined as the lead-time demand for an item. In cases of long lead times, the lead-time demand and t
bezimeni [28]

Answer:

Please find the detailed answer as follows:

Explanation:

Daily Demand

Daily Demand = Annual Demand / Working days per year

= 5,000 units / 250 days

= 20 units per day

Economic Order Quantity [EOQ]

Economic Order Quantity [EOQ] is calculated by using the following formula

Economic Order Quantity = [(2 × Annual Demand x Ordering Cost) / Carrying Cost Per Order]½

Economic Order Quantity = [(2 × Annual Demand x Ordering Cost) / Carrying Cost Per Order] ½

= [(2 × 5,000 x 32) / 2]½

= [320,000 / 2] ½

= [160,000]½

= 400 Units

Reorder point and inventory on hand if the lead time is 5 Days

Re-order Point = 100 Units [5 Days x 20 units per day]

Inventory position and inventory on hand = 100 units [Since, the Re-order Point is less than the EOQ]

Reorder point and inventory on hand if the lead time is 15 Days

Re-order Point = 300 Units [15 Days x 20 units per day]

Inventory position and inventory on hand = 300 units [Since, the Re-order Point is less than the EOQ]

Reorder point and inventory on hand if the lead time is 25 Days

Re-order Point = 500 Units [25 Days x 20 units per day]

Inventory position and inventory on hand = 400 units [Since, the Re-order Point is greater than the EOQ]

Reorder point and inventory on hand if the lead time is 45 Days

Re-order Point = 900 Units [45 Days x 20 units per day]

Inventory position and inventory on hand = 400 units [Since, the Re-order Point is greater than the EOQ]

4 0
3 years ago
How does the use of new technology in industry benefit producers more so than consumers?
katen-ka-za [31]

The use of new technology in industry has benefited producers more so than consumers as, "Producers can transport goods around the world."

With faster decision-making and quick responses, the new technology enables producers to become more competitive in the market. The technology is helping to increase the efficiency of systems, products and services.

With the help of technology, the products which are produced are being marketed and then they are being transported around the world. This way it enables the business to grow rapidly and increases the profits.

Through the use of technology, businesses can research the market. This is extremely useful as it provides businesses with in-depth knowledge about market conditions.

Hence, the use of new technology in industry has benefited producers more so than consumers.

To learn more about the producers and consumers here:

brainly.com/question/7103791

#SPJ4

4 0
2 years ago
Levi’s an experienced marketing strategist for a software company that sells a learning platform to public schools. He developed
kvasek [131]

Answer:

2. He starts his day by looking at how well he’s doing on his company’s key performance indicators.

4. He values what his coworkers think and encourages them to give their opinions in his marketing meetings.

Explanation:

In order to evaluate and adapt, a constant critical analysis and different visions are a sole focus. In order for Levi to grow as strategist, he needs to keep an eye on the goals and keep daily updates of what is done and what more needs to be done.

For him to develop his vision broader, he can take opinions from the coworkers  and encourage them for it because it will give him a different perspective of the same situation which is always helpful in terms of finding solutions to problems.

4 0
3 years ago
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