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Alina [70]
3 years ago
15

The sales team at Rue and West Bros., a logistic company, has successfully met its target for profits specified last year. Upon

its success, the CEO of the company set new targets for the sales team in the coming financial year. In this scenario, the sales team will move to the _____ stage of group development.
Business
1 answer:
Vinil7 [7]3 years ago
4 0

Answer:

The sales team will move to the <u>Transforming</u> stage of group development

Explanation:

Bruce Tuckman developed 5 stages of group development.

1) Forming Stage - In this stage the team required high degree of guidance from the manager also the role are unclear in this stage and processes are also not well established.

2) Storming Stage - In this stage the group starts understanding how team decisions are made and purposes in this stage are very clear but the team relationship need to be bonded yet.

3) Norming Stage - In this stage teams relationships starts to bond and understood by the group all members are committed to the team goals and starts trying to achieve it as a team.

4) Performing Stage - In this stage Teams are committed to perform well and the focuses are bends towards the strategies that are made by team to achieve goal and bound with little oversight.

5) Adjourning/ Transforming Stage- In this basically after achieving the  goals/target team starts breaking up is known as Adjourning stage and the stage at which after achieving the goal the teams move forward to achieve goal and set new targets is known as <u>Transforming stage.</u>

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Ellen Carson’s sales for 5 months were $26,908, $28,386, $28,730, $27,290, and $29,009. What must be her sales next month if she
hjlf

Answer:

$28,065

Explanation:

The moving averages method uses the means of the previous months as the forecast for the next months.

The formula for the moving average is as below.

Moving Average = (n1 + n2 + n3 + ...) / n

In this case, the Moving average = $26,908 +$28,386 +$28,730, $27,290+  $29,009 / 5

= $140,323 /5

=$28,064.6

=$28,065

7 0
3 years ago
Peter's Pans sells cooking pans for $30 each. The company
viktelen [127]

The value of the VMP are 600, 570, 540, 510, 480, 450. The total workers to be hired are 4 workers because MRL > wage.

<h3>How to solve for the VMP</h3>

= MP * selling price

  • 20 * 30 = 600
  • 19 * 30 = 570
  • 18 * 30 = 540
  • 17 * 30 = 510
  • 16 * 30 = 480
  • 15 * 30 = 450

This has been computed in the excel file that I have attached to the question.

2. A competitive firm is going to have to hire when the wage is equal to MRPL or MRPL is greater than the wage

based on this the labor of the firm would be at 4 units.

3. Four workers are going to be hired based on the fact that the marginal revenue of the added labor is more than the wage that was paid for the work done.

Read more on marginal revenue here:

brainly.com/question/13444663

#SPJ1

6 0
1 year ago
It costs a company $30,000 to produce 600 heart rate monitors. The company’s cost will be $30,070 if it produces an additional h
aleksandrvk [35]

Answer: The the minimum price that would induce this company to produce the 601st heart rate monitor is <u>$70</u>.

Explanation: The marginal cost of producing one more unit is equal to 30070 - 30000 = 70.

A company produces to the point where the price is equal to the marginal cost. In other words, the cost of producing one more unit does not exceed the benefit to be obtained from the sale of one more unit.

4 0
3 years ago
San Lorenzo General Store uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost
muminat

Answer:

The average cost of ending inventory is $37,259 and cost of goods sold for october is 24,166

Explanation:

In order to calculate the average cost of ending inventory, we would have to calculate first the cost to retail ratio with the following formula:

cost to retail ratio=Total cost/Total retail

According to the given data, the total  cost=$61,425, and the total retail= $87,100, Hence:

cost to retail ratio=$61,425/$87,100= 70.5%

Also, we have to calculate the ending inventory at retail=$87,100+$1,700-$1,050-$37,00=$52,850

Therefore, the average cost of ending inventory= $52,850×70.5%

                                                                               =$37,259

To calculate the cost of goods sold for october we would have to use the following formula:

cost of goods sold=Beginning inventory+purchases-ending inventory

                              =$40,000+$21,425-$37,259

                              =$24,166

6 0
3 years ago
According to the law of comparative advantage, what should be the distinguishing characteristics of the goods a nation imports?
aliina [53]

Answer:

The correct answer is option C.

Explanation:

The law of comparative advantage states that a country will produce and export the commodity it has a comparative advantage in producing.  

In other words, if the country can produce good cheaply or at a lower opportunity cost.  

The good that cannot be produced cheaply or has a higher opportunity cost will be imported from the country that produces it cheaply.

6 0
3 years ago
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