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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 one-brand-name strategy is useful when the marketer wants the brand to appear to be a local brand, or when regulations require
Phoenix [80]
B. false

A one brand name strategy would be like McDonalds, Call everything the McRib, McDouble, it makes it nationlized, not localized
5 0
3 years ago
Prepare adjusting entries for the following transactions.
g100num [7]

Answer:

1. Debit Depreciation expense  $1,340

  Credit Accumulated depreciation  $1,340

2. Debit Interest expense  $275

   Credit Accrued Interest  $275

3. Debit Supplies expense  $450

   Credit Supplies Account  $450

4. Debit Unearned Service revenue  $3,100

   Credit Service revenue  $3,100

5. Debit Salaries expense  $900

   Credit Accrued Salaries  $900

Explanation:

Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of that asset.

It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset

Mathematically,  

Depreciation = (Cost - Salvage value)/Estimated useful life

It is recorded by debiting depreciation and crediting accumulated depreciation.

When interest is incurred as an expense but yet to be paid, it will be accrued for by Debiting Interest expense and crediting accrued Interest. The same applies to salaries incurred but yet to be paid.

When Supplies is purchased, Debit supplies and credit Cash/Accounts payable. As Supplies are used up, debit supplies expense (with the amount used) and Credit Supplies account.

Amount of supplies used up = $550 - $100

= $450

When a fee is received in advance for a service yet to be rendered, the revenue for such fee is said to be unearned. The entries required are

Debit Cash account and Credit Unearned fees or deferred revenue.

As the service is performed and the revenue is earned, debit Unearned fees and credit revenue.

Earned revenue = $4,000 - $900

= $3,100

5 0
3 years ago
Employees who are paid a portion of the profit from the sale of a product or service are paid on a(n) _____ basis. salary commis
Tasya [4]

Answer:

The right answer to complete the sentence above is "sales profits and duration of work hours"

<em> Employees who are paid part of the profits from the sale of products or services are paid based on </em><em>sales profits and the duration of work hours</em><em>. commission for hourly contract pay</em>

<em />

Explanation:

Because the salary earned by the employees is from the hourly duration they work. And the profits from the sale of products also form part of the duration of working hours. The longer the duration of work hours, the more likely the product is sold. So the benefits are based on sales profits and the duration of work hours.

#AnswerForTrees

3 0
3 years ago
Read 2 more answers
Einstein Motors, has a capacity to produce 25,000 electric cars. Due to a temporary subsidy announced, there is a sudden increas
kaheart [24]

Answer:

Total Contribution margin:   107,500,000

Explanation:

<u>Contribution:</u> sales revenue - variable cost

normal price 5,000

peak-load price: 5,000 + 20% = 5,000 x 1.2 = 6,000

<u>revenue</u>

20,000 units  at 5,000   100,000,000

 5,000 untis  at 6,000 <u>    30,000,000  </u>

             Total revenue      130,000,000

<u>variable cost:</u>

25,000 units x 900 =         (22,500,000)

Total Contribution margin:   107,500,000

5 0
3 years ago
Solve the equation 60%of 45
prohojiy [21]

Explanation:

60%of 45

0.6×45

=27

....................

7 0
2 years ago
Read 2 more answers
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