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Daniel [21]
3 years ago
14

After the meeting to address how to handle a competitor that the group fears is about to take considerable market share from the

company, Terry learns that the competitor is actually laying off workers and is not likely to be the threat they thought it was. Terry decides not to tell the others about this development because the group was very confident in the decisions it made about how to better compete.
Business
1 answer:
viva [34]3 years ago
3 0

The question is incomplete:

After the meeting to address how to handle a competitor that the group fears is about to take considerable market share from the company, Terry learns that the competitor is actually laying off workers and is not likely to be the threat they thought it was. Terry decides not to tell the others about this development because the group was very confident in the decisions it made about how to better compete.

-Groupthink

-Mindguard

-Nominal Group Technique

Answer:

-Mindguard

Explanation:

-Groupthink is when a group get to an agreement without considering the consequences of the decision to avoid affecting the balance that the group has reached.

-Mindguard is when a person in the group gives limited information that can cause doubts to maintain the idea the group has.

-Nominal Group Technique is a method in which everyone is encouraged to provide ideas that are evaluated and chosen as a group to get to a quick agreement.

According to this, the answer is that this exemplifies mindguard because Terry is acting as a filter by not providing the information he knows to allow that the decisions that the group made are not affected as he doesn't want to damage the confidence the group has.

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4 0
3 years ago
hich of the following is NOT one of the six questions that comprise the task of evaluating a company's resources and competitive
Vadim26 [7]

Answer:

The correct answer is "What are the company's most profitable geographic market segments?"

Explanation:

In order to research on the companys' resource and competitive position, a researcher does not need to ask questions related to the geographic market segments.

Geographic market segments refer to the geographical spread of the market of a company.

I hope the answer is helpful.

Thanks for asking.

4 0
3 years ago
A company purchased equipment and signed a 7-year installment loan at 9% annual interest. The annual payments equal $9,000. The
konstantin123 [22]

Answer:

<u>The present value of the loan is $45,297</u>

Explanation:

Instalment (A)= $9,000.00

PV factor (B)= 5.033

Present value of loan (A x B)

=$ 45,297

5 0
4 years ago
On January 1, 2009 the accounts receivable and the allowance for doubtful accounts carried balances of $20,000 (debit) and $500
denis23 [38]

Answer:

The net realizable value of receivables appearing on the 2009 balance sheet is $14,250

Explanation:

First, we need to calculate the balance of account receivables

Ending balance = Beginning Balance + Credit sales - Cash collected - Bad debt written off

Where

Beginning Balance  = $20,000

Credit sales  = $100,000 x ( 100% - 30% ) = $70,000

Cash collected = $74,550

Bad Debt written off = $550

Placing values in the formula

Ending balance = $20,000 + $70,000 - $74,550 - $550 = $14,900

Now, we need to calculate the balance of allowance for doubtful accounts as follow

Ending Balance = Beginning balance + Bad debt Expense - Bad debt written off

Where

Beginning balance = 500

Bad debt expense = $70,000 x 1% = $700

Bad debt written off = $550

placing values in the formula

Ending Balance = $500 + $700 - $550 = $650

Now calculate the balance of realizable value of account receivables as follow

Net realizable value of receivables = Ending balance of receivables - Ending balance of allowance for doubtful accounts = $14,900 - $650 = $14,250

6 0
3 years ago
Below are transactions for Wolverine Company during 2021.On December 1, 2021, Wolverine receives $2,400 cash from a company that
Damm [24]

Answer:

1. Dr    Cash    2400

     Cr       Deferred revenue   2400

 (To record advance received for office space,which is not earned yet)

2.a)Dr Prepaid insurance  11280

              Cr Cash                   11280

( To record purchase of insurance )

  b)  Dr  Insurance expense 5640

                     Cr prepaid insurance     5640

      ( To record insurance expired)

3. Dr salary expense       1400

        Cr  Salary payable          1400

( To record salary expense for the m/o December)

4. Dr Cash    7000

         Cr   Loan payable      7000

       ( Acquire loan from bank)

5. a) Dr Interest expense  1680

              Cr interest payable          1680

  ( To record interest expense of 2 months )    

6. a)Dr supplies  1800

         Cr       Cash             1800

         (Supplies purchased)

   b) Dr Supplies expense   1460

              Cr     Supplies                   1460

   (Adjusting entry of supplies used)

Explanation:

2. Insurance for the month = 11280/12= 940. For 6 months= 940*6=5640

4. yearly interest rate = 7000 *12% = 840. two month interest = 840 *2= 1680

5 0
3 years ago
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