Open book management is the practice of sharing with employees at all levels of an organization vital information previously meant for management's eyes only.
Open book management (OBM) is defined as empowering every employee of an organization with required knowledge about the processes, adequate training and powers to make better decisions which would help them in running a business.
Open-book management is underlined by the theory that workers are more motivated and productive when they are treated as business partners – who traditionally have access to financial data – rather than employees. Open-book management nearly always improves near-term financial results. OBM is that it makes a company stronger over the long haul.
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Answer:
The correct answer is the option C: political disputes between managers involved in the project.
Explanation:
In the situation where a person must coordinate a complex project might struggle with the fact that sometimes differences in political opinions and ideas may occur when more than one manager is in charge of the project. Moreover, in that situation, it is very difficult to agree with the other person and even more if that person has resources that must be used in the project and therefore that person has some power in its hands. In addition, the other factors, such as coordinating the elements or determining the budgets and the needed skill sets of project workers will not have a great impact in the complexity of the project if there are not political differences because in that case all the managers will agree in a way of doing things and they will encourage every employee to do it at once.
Hello!
Working capital in 2014 is
4,630−2,190=2,440
Working capital in 2015 is
5,180−2,830=2,350
change in net working capital, or nwc
2,350−2,440=−90
Good luck!
Answer:
B. falls; positive economic; incur economic losses
Explanation: A perfectly Competitive industry is a collection of firms who are producing similar products,these firms are known as price takers as the pressure from the market forces and other impacts that causes an change in price will affect them easily as they will have to take the price even when it is not favourable to their business, this is done in order to remain competitive and relevant in the market.
Answer:
The company report as loss on discontinued operations in its 2021 income statement is $1,990,000
Explanation:
The computation of the loss on discontinued operations is shown below:
= Division loss from operations
= $1,990,000
As no impairment loss is there because there is a gain as fair value is more than the book value.
For calculating the loss on discontinued operations, the gain should not be considered. So, only Division loss from operations is relevant and hence taken in the computation part
The gain would be
= $3,630,000 - $3,000,000
= $630,000
