Answer:
b. Many different styles of leadership can be effective.
Explanation:
Leadership is the ability of a person to motivate others to deliver on set goals and objectives.
Depending.on the organisation, the goals to be achieved, needs of the followers, and the personality of the leader.
There are different leadership styles that are all effective depending on the situation
Authoritative leaders states the way things should be done with little input from the team.
Democratic leadership is when the leader gets feedback from the team and uses it to make decisions.
Free rein is when the leader allows the team do what they like in achieving goals.
Task oriented leadership focuses mainly on the task at hand.
Answer:
If the first two steps are run at full capacity, then the third step has a waiting line.
Explanation:
Waiting line is defined as a line of people or vehicles waiting for something. Hence, if the first two step runs in a full capacity been able to serve 25 customers per hour. Meaning for each hour 50 customers will be attended to by the two, then the third will surely be on a waiting line.
Answer:
Pure competition
Explanation:
Pure competition is a market structure characterized by many competitors selling similar products. Due to the high competition, market forces dertermine prices. Pure competition is also referred to as perfect competition. The other features of pure competition include.
- There many buyers and many sellers who have access to market information
- There are barriers no entry and exit in the market
- Firms sell homogeneous products
- Firms cannot influence the market price. Firms are price takers.
- The units of production such are homogeneous and are freely moving.
Answer:
<em>The above statement is false.</em>
Explanation:
Max Weber claimed that if the staff actually did what they were told the company would do well.
He already presumed that large organizations would only be capable of functioning effectively if regulations and guidelines were developed, and that everyone accurately followed those regulations.
Answer:
$25.15
Explanation:
The price the stock would be sold at the end of the three-year holding period can be computed using excel FV formula stated below:
=fv(rate,nper,pmt,-pv)
rate is the semiannual cost of capital i.e 14%/2=7%
nper is the number of dividend payments over three-year period which is 6
pmt is the amount of semiannual dividend payment
pv is the current stock price
=fv(7%,6,1.1,-22)=$25.15
