All categories

3 years ago

In Chapter 1, there are three "managerial skills" listed that a good Administrative

1 answer:

7 0

The managerial skills usually fall under three categories :

- Technical skills
- Human skills
- Conceptual skills

One of the example is if there's a dispute between medical team members, a good MAA should use his/here Human skills to resolve that dispute

You might be interested in

At the beginning of 2018, England Dresses has an inventory of $140,000. However, management wants to reduce the amount of invent

Bad White [126]

Answer:

purchases = 160000

Explanation:

given data

beginning inventory = $140,000

amount of inventory on hand = $80,000

net sales = $400,000

gross profit rate = 40%

solution

we first Computation of cost of goods sold hat is

Gross profit rate = $\frac{gross profit}{net sales}$ × 100

= $\frac{gross profit}{400000}$ = = $\frac{40}{100}$

= 100 Gross profit = 16000000

Gross profit = 160000

and

Cost of goods sold is = sales - gross profit

Cost of goods sold = 400000 - 160000

Cost of goods sold = 240000

and

Cost of goods sold = opening inventory + purchases - closing inventory

so put here value

240000 = 140000 + purchases - 60000

so purchases = 160000

7 0

3 years ago

Dividends cause a(n) increase/decrease)_________ in equity and are recorded directly in

Artyom0805 [142]

Answer:

Decrease (debit) in equity, Cash Dividends Payable (credit, liability account)

Explanation:

The journal entry to record the declaration of the cash dividends involves a decrease (debit) to Retained Earnings (a stockholders' equity account) and an increase (credit) to Cash Dividends Payable (a liability account).

(opentextbc.ca)

6 0

3 years ago

1. If the government decides to subsidize the production of a good, the result would be a decrease in the equilibrium price and

Crazy boy [7]

Answer: False

Explanation:

When the government subsidies production of a good, it leads to a rise in the supply of the good. The supply curve shifts down to the right leading to a fall in the price level. But the equilibrium quantity increases.

Thus, the given statement is false that if the government decides to subsidize the production of a good, the result would be a decrease in the equilibrium price and a decrease in the equilibrium quantity.

7 0

3 years ago

If a product costs £80 to manufacture and a 15% mark-up is added, the price at which the product will be sold is:

Yanka [14]

Answer:

92£

Explanation:

80 * 1.15 = 92

3 0

3 years ago

How does microcredit help poor people establish thriving small businesses? why is microcredit targeted primarily to women?

grin007 [14]

Microcredit help poor people establish thriving small businesses because it provides a small finacial loan made to proverty stricken individuals who want to start their own business. Hence the objective of this microcredit is for the poor people for self-employment. The following are the reasons why microcredit targeted primarily to women because women make better use of small loans than men. That most women do not spend their money on snacks or luxuries than men but instead use their money into providing food for their children/family. Women have a better track record when it comes to repayment, women are a huge untapped labor pool, women have the right to access capital and lastly women who receive loans adopt healthier lifestyles and are empowered.

7 0

3 years ago