Answer:
1) Contingency theory
2) Classical management theory
Explanation:
1) The contingency theory of management states that employees' efficiency depends on an interaction between management behaviors and specific working conditions. That is why one approach that best suits a group of employees may not work with the rest, and vice versa. So every group must be managed differently based on their specific working conditions.
2) The classical management theory advocates for specialization of labor, so a tasks that yields positive results should be imitated and carried on by the rest of the employees.
Answer:
The current bid/ask spread for Berkshire Hathaway Class A shares is $935
Explanation:
The computation of the current bid/ask price is shown below:
The Current bid/ask price = Ask price - Bid price
= $263,810 - $262,875
= $935
The commission amount should be ignored in the computation part. Hence, it will not be considered as it is not relevant.
Answer:
a) $347,760
b) $197,760
c) $199
Explanation:
a)
The Loan is paid by 240 (20 x 12 ) equal installments. These Installments include the principal and interest payment portion. Total payment to be made including interest and principal will be as follow:
Total amount = Installment amount x Numbers of installment = $1,449 x 240 = $347,760
b)
Amount Paid over the principal amount is the cost of interest on the loan
Cost of Interest = $347,760 - $150,000 = $197,760
c)
First payment of $1,449 includes the interest and principal amount. We will separate both as follow
Interest portion = $150,000 x 10% x 1/12 = $1,250
Principal Portion = $1,449 - $1,250 = $199
$199 is applied to principal.
Answer:
All of the statements above are correct.
Explanation:
All of the following statements listed below are correct and true about business management;
1. Many large firms operate different divisions in different industries, and this makes it hard to develop a meaningful set of industry benchmarks for these types of firms.
Hence, industry average or benchmarks are more applicable to a small and medium enterprise than it's to large enterprises. The industry benchmark is a process that is focused on comparing an industry with other successful industries.
2. Financial ratios should be interpreted with caution because there exist seasonal and accounting differences that can reduce their comparability.
Hence, it is important to interpret financial ratios with care and reasonable logic as factors such as inflation and depreciation.
3. Financial ratios should be interpreted with caution because it may be difficult to say with certainty what is a "good" value is neither high nor low.
4. Ratio analysis facilitates comparisons by standardizing numbers.
Ratio analysis can be defined as the analysis and comparison of various line items in the financial statements of a business such as the income statement or balance sheet, in order to gain insight into its operational efficiency, profitability and liquidity. Types of ratio analysis are liquidity, efficiency, solvency, market value, and profitability ratio.
Answer:
D
Explanation:
The aztecs were ancient/primitive