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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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When hotel management establishes no-smoking floors, bar managers no longer allow happy hours with free drink specials, and reso
nirvana33 [79]

Answer:

Societal marketing.

Explanation:

Societal marketing basically is a concept that consider society's long-term interest while fulfilling both consumers' wants company's requirements.

7 0
3 years ago
You decided to take a college accounting course to brush up on your knowledge of the language of business. The tuition expense w
DerKrebs [107]

Answer:

The $500 is the opportunity cost.

Explanation:

The sunk cost can be defined as a cost that has already been incurred. Such as cost can no longer be recovered. A sunk cost is considered to be irrelevant and is excluded from decision making.  

If an individual decided to take an accounting course and paid the tuition fee of $500 and gets a job offer later. If he/she decides to take up the job the tuition fee paid will be the sunk cost which cannot be recovered anymore.

8 0
4 years ago
Keene, Inc. produces flash drives for computers, which it sells for $20 each. Each flash drive costs $6 of variable costs to mak
kodGreya [7K]

Answer:

The break even level of units per month fall by 16 units.

Explanation:

The current breakeven units per month are,

Break even in units = 5600 / (20 - 6)  

Break even in units-March = 400 Units

The fixed costs remain constant in the short run to a certain activity level so assuming that the fixed costs will remain $5600.

The new variable costs will be 6 * 0.9 = $5.4

Assuming everything else remains constant,

The new break even in units per month = 5600 / (20 - 5.4)

New break even in units = 383.56 rounded off to 384 units

As a result of decrease in the variable cost per units, the new break even point becomes 16 units less than the previous one.

4 0
3 years ago
What kind of risk is associated with product innovations in the early stage that design thinking helps to mitigate?.
Svetach [21]

The type of risk is associated with product innovations in the early stage that design thinking helps to mitigate is known as financial risk.

<h3>What is Risk?</h3>

Risk refers to the chance of happening something wrong. It involves the uncertainty about the after effects of the acts. For the businessman, risk is the reward for profit.

Financial risk can be defined as the risk associated with the regard of the funds in the organization. It arises at the time of the product development.

Therefore, it can be concluded that Financial risk is the sort of risk associated with early-stage new designs that creative thinking helps to reduce.

Learn more about risk here:

brainly.com/question/27754423

#SPJ4

3 0
1 year ago
Verano Inc. has two business divisions - a software product line and a waste water clean-up product line. The software business
neonofarm [45]

Answer:

Verano Inc. should use its cost of equity capitakl for waste water business = 6%

Explanation:

The appropriate cost of capital to evaluate the business should be for the same business. Here Verano is considering a purchase of another company in the waste water business using equity financing so the cost of equity of the waste water business should be considered for evaluation of the Proposal.

8 0
3 years ago
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