It says that managers don't have to play a leading role under certain conditions.
<u>Explanation:
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Leadership Substitute:
A characteristic of a delegate or a circumstance or condition in which leadership works in place of a leader, inappropriate in leadership. All Leaders of an organization can sometimes work very well without a director controlling the management.
The most important aspects of a company are effective leadership, many experts agree. But sometimes it's not necessary to have leadership.
For example, Raj is a father and that he wants his daughter to do her work. Raj knows he can usually make his daughter do things if he gives her an exchange piece of candy.
However, it's the day after Halloween in this scenario but she already has chocolates. In this respect, Raj's power of leadership has been eliminated, since the normally used award is not effective.
A) credit union is a group of people who agree to save their money together and to make loans to each other at a relatively low rate of interest.
The three bottom line in the social responsibility are :
- Economic
- Social
- Environment
This three bottom lines could directly affect each other. For example, as the company experienced an economic growth, it could increase the quality of the social and environmental element around the company through various Corporate social responsibilities.
Answer:
$4,800
Explanation:
The computation of additional annual cash inflow is shown below:-
Saving in Annual Maintenance Cost by new machine = $15,000 - $6,000
= $9,000
Net savings on Maintenance = $9,000 × (1 - 0.4)
= $5,400
Decrease in Depreciation due to purchase of New machinery
= ($60,000 ÷ 10) - ($45,000 - 10)
= $6,000 - $4,500
= $1500
Tax to be paid due to decrease in Depreciation = Decrease in Depreciation due to purchase of New machinery × Tax rate
= $1,500 × 0.4
= $600
Net Annual cash Inflow due to new machinery = Net savings on Maintenance - Tax to be paid due to decrease in Depreciation
= $5,400 - $600
= $4,800
So, for computing the additional annual cash inflow we simply applied the above formula.
