It is more important to understand the personality of a manager than to understand the personality of an employee because the actions of a manager impact the behavior and outcomes of many people.
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What is the role of a manager?</u></h3>
- Most frequently, managers are in charge of a specific job function or division inside the company.
- A manager either directly leads his or her team in accounting, marketing, sales, customer support, engineering, quality, and all other groups, or they are in charge of a group of supervisors that manage the teams of employees. Title hierarchies are found in organizations.
- Each of these individuals carries out distinct and crucial tasks that allow the business to run, fulfill its duties, and generate a profit.
- Particularly in smaller firms, a manager may have the authority to recruit, fire, reprimand, or promote employees with the help of the human resources team.
In larger organizations, a manager may only suggest such a course of action to the level above them. In both large and small businesses, the manager has the power to modify the tasks that team members are assigned to do.
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Answer:
Explanation:
Crowdfunding can be regarded as a way in which businesses can raise funds through the contribution of large number of people to the project.
SPEED AND ACCESSIBILITY
Crowdfunding helps the entrepreneur/ Businesses to get the necessary capital without passing through arduous process involving in loan collection, and this is good for small and medium companies that doesn't have enough creditworthiness in taking loan. As far as crowdfunding is concerned, no special qualifications involved in starting a crowdfunding campaign, within some hours ones page can be outlined and make visible to crowdfunding platform’s audience. There is no hunt down of specific venture capitalists.
Answer: C) To require public companies to document and verify their internal controls.
Explanation:
The Sarbanes-Oxley Act was passed in the year 2002 and represented an unprecedented increase in influence of the Government on the activities of public companies.
Passed in the aftermath of several financial scandals such as the Enron and Worldcom scandals, SOX as it is usually referred to, aimed to make companies more accountable for their actions by amongst other things, requiring that they document and verify their internal controls and made it the responsibility of senior management to ensure that it was done.
Answer:
Net cash flow is $850
Explanation:
Net cash flow =Monthly Cash inflows - Monthly Cash outflows
= Salary + Dividend Income - expenses
= $2,000 + $100 - $800 - $350 - $100
= $850
Therefore, Jeff's net cash flow for this month is $850.
Answer:
C. the firm should reduce production.
Explanation:
Marginal revenue is defined as the additional profit that a business makes from the sale of extra unit of a product.
If marginal revenue is more than marginal cost the business is making profit and it should increase production. This will increase profit.
However if the marginal revenue is less than the marginal cost, it means the business is making a loss. The best action is to reduce level of production up to the point where marginal revenue exceeds marginal cost.
