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3 years ago

Why businesses use team dynamic theories to understand team performance?

2 answers:

7 0

<span>Why businesses use team dynamic theories to understand team performance? Team or group dynamics explain how different members of a team, work together to achieve the same goal. When working together, there are different processes that occur between the teammates allowing work to be completed. There are separate roles, power, and cohesiveness To better understand how teams perform while working together, businesses will use the team dynamic theories. </span>

kirza4 [7]3 years ago

4 0

Answer:

As explained below.

Explanation:

Team dynamics is a set system of behavior and the psychological process that takes place in the social groups and involves the understanding of decision-making behavior and creating newer techniques and ideas to develop leadership qualities.

The certain key theories are given by the Gustave Le Bon theory: which led to the development of group psychology. The William McDougall theory of group minds that focuses on the size and the organization of various groups.

Theory of Jacob L. Moreno who coined the term group psychotherapy based on the influence of time. The theory is given by Sigmund Freud, Bruce Tuckman and other focuses on the formation of the groups and understand the types of groups like the primary and social and membership, and social identity.

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For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acqu

Llana [10]

Answer:

The answer is given below

Explanation:

Depreciable cost at 31 December 2021 (2,848,000-2,004,000)

Depreciable Cost $844,000

Less: Residual value ($232,000)

Written down value as at January 1 ,2021 612,000

Depreciation per year as per straight line method (612,000/3) $204,000

Depreciation expense Dr.$204,000

Accumulated Depreciation Cr.$204,000

The change in depreciation method is change in estimate which is always accounted for prospectively.Therefore the written down value as at January 2021 will be depreciation over remaining useful life of the asset which is 3 years

4 0

3 years ago

Privack Corporation has a standard cost system in which it applies overhead to products based on the standard direct labor-hours

Alchen [17]

Answer:

1. $8.25

2. $313,500

Explanation:

Given that,

Variable overhead cost per direct labor-hour = $2.00

Total fixed overhead cost per year = $250,000

Budgeted standard direct labor-hours (denominator level of activity) = 40,000

Actual direct labor-hours = 39,000

Standard direct labor-hours allowed for the actual output = 38,000

1. Total overhead cost at denominator level of activity:

= Total fixed overhead + Total variable overhead

= $250,000 + (40,000 × $2.00 )

= $250,000 + $80,000

= $330,000

Predetermined overhead rate:

= Total overhead cost at denominator level of activity ÷ Budgeted standard direct labor-hours

= $330,000 ÷ 40,000

= $8.25

2. Overhead applied:

= Standard direct labor-hours allowed for the actual output × Predetermined overhead rate

= 38,000 × $8.25

= $313,500

3 0

3 years ago

Lacy's Linen Mart uses the average cost retail method to estimate inventories. Data for the first six months of 2021 include: be

faust18 [17]

Answer:

Best estimate for inventory =$70,764.85

Explanation:

The closing inventory value at retail

= (Opening inventory + Purchases - sales) all in retail prices

= $123,000 + $483,000 - 493,000.

= 113000

Closing inventory value at cost

=113,000 × (64,500 + 315,000)/(123,000 + $483,000)

=70,764.85

Best estimate for inventory =$70,764.85

4 0

3 years ago

The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,450,000, and the December 31, 2016, balance sh

baherus [9]

Answer:

The firm's cash flow to creditors during 2016 was -$131,000.

Explanation:

Cash flow to creditors

= Interest expense - (Ending LT Debt - Beginning LT Debt)

= $99,000 - ($1,680,000 - $1,450,000)

= -$131,000

Therefore, The firm's cash flow to creditors during 2016 was -$131,000.

7 0

3 years ago

Like many other marketing strategy specialists, Mike relies heavily on creativity and originality. Members of his team are selec

damaskus [11]

Answer:

<u>Brainstorming.</u>

Explanation:

The situation exposed in the question above is an example of brainstorming, which can be defined as a group dynamics technique where there is the generation of ideas for a given project.

This activity is developed with the main objective of exploring the creative and innovative capacity of an individual or a group, stimulating the team's creativity, collecting ideas and the maximum amount of information, visions and possibilities in order to achieve a determined objective.

8 0

3 years ago