Answer:
The Hewitt's leadership falls on the the Middle of Road Management, which is carefully assessed, realistic and in turn creates a balance between concerns for people and production.
The shortcomings of this leadership are, Failure to motivate and inspire people, lack of passion and enthusiasm, Inability to keep workers.
Explanation:
Solution:
(a) The leadership of Hewitt fall towards the Middle of Road Management at 5,5 points, as it is well realistic, carefully assessed or adjusted, and satisfies the concerns for the people and production.
(b) The shortcomings or defaults discovered in Hewitt's Leadership is stated as follows:
- The failure to motivate and inspire people
- The Inability to retain employees or workers
- The lack of passion and willingness or zeal
- The lack of appreciation on employee or individual
Answer:
incremental after tax cash flow for 2011: $1,145,000
Explanation:
Additional revenue $2,500,000
Cash operating expenses ($700,000)
Depreciation and amortization expenses ($300,000)
<u>Reduced inventories ($200,000)</u>
Pretax income $1,300,000
<u>Less taxes 35% ($455,000)</u>
Net income $845,000
<u>Add Depreciation and amort. expenses $300,000</u>
Free cash flow $1,145,000
<span>a cycle or series of cycles of economic expansion and contraction.</span>
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<u>Imp</u><u>.</u><u> </u><u>Questions</u><u>:</u></h2>
1) By whom are the Board of Directors elected in the Joint Stock Company?
Answer: The Board of Directors in the Joint Stock Company are elected by the shareholders
2) What is a Joint Stock Company?
Answer: A joint-stock company is a business controlled by its investors, with each investor enjoying a share based on the amount of stock acquired.
Joint-stock companies are formed in order to finance efforts that are too valuable for an individual or even a government to support. The owners of a joint-stock company demand to share in its profits.
3) Which is the business organisation that is found only in India?
Answer: Joint Hindu Family is the business organisation that is found only in India.
4) Who is a secret partner?
Answer: Secret partner is a partner whose membership in a partnership is maintained secret from the public.
5) What is a partner by estoppel?
Answer: A legally obligatory partnership that might result where, in fact, no formal partnership agreement is in force. A person who by rule or words serves or permits him/herself to be represented, as a partner in an enterprise is responsible for the credit or loans acquired by the enterprise on the basis of such representation. Which is also known as the presumption of partnership.
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Answer:
For an inferior good, when income increases, the demand curve shifts leftward.
Explanation:
For an inferior good, there is an inverse relationship between the demand for the inferior good and the income level of the consumer. If there is an increase in the income level of the consumer then as a result the demand for inferior goods decreases and this will shift the demand curve for inferior goods leftwards.
Hence, the first statement is true among all of the statements.
