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Mama L [17]
2 years ago
6

Why businesses use team dynamic theories to understand team performance?

Business
2 answers:
Alexxandr [17]2 years ago
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]2 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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E3-33B. (Learning Objectives 1, 3: Journalizing adjusting entries and analyzing their
myrzilka [38]

The act of logging any transaction, whether or not it is an economic one, is known as a journal entry. Transactions are listed in an accounting journal that shows a company's debit and credit balances.

<h3>Give a brief account on adjusting journal entries.</h3>

An adjusting journal entry is one that is made at the end of an accounting period in the general ledger of a business to record any unrealized income or expenses that occurred during the period. An adjusting journal entry is necessary to accurately account for a transaction that happens between two accounting periods.

To solve the question :

1. Adjusting journal entries are as follows :

Particulars                                                                  Debit.                Credit

a. Insurance expense A/c

($800 + $2,500 - $2,400)                                          $600

To prepaid insurance A/c                                                             $600

(entry for expired portion of

prepaid insurance)  

b. Interest receivable A/c                                           $1,200

To interest revenue A/c                                                             $1,200

(adjusting entry for

accrued interest revenue)  

c. Unearned service revenue A/c ($1,500 - $600)    $900

To service revenue A/c                                                                       $900

(entry for earned portion of

unearned service revenue)  

d. Depreciation expense A/c                                           $4,700

To accumulated depreciation A/c                                             $4,700

(To record depreciation expenses)  

e. Salaries Expense A/c

($24,000 / 5 days × 3 days)                                             $14,400

To Salaries payable A/c                                                           $14,400

(To record accrued salaries expenses)  

f. Income tax expense A/c

($21,000 × 25%)                                                          $5,250

To income tax payable A/c                                                            $5,250

(To record income tax expenses)

2. Calculating whether these omitted adjustments resulted in an overstatement or underestimate of net income

a. Adjusting Entry for Insurance Expense of $600 : Overstated

b. Adjusting Entry for accrued revenue of $1,200 : Understated

c. Adjusting entry for Service Revenue Earned of $900 : Understated

d. Adjusting Entry for Depreciation Expense of $4,700 : Overstated

e. Adjusting Entry for Salaries Expense for

three day of $14,400 : Overstated

f. Adjusting Entry for Income Tax Expense of $5,250 : Overstated

Impact on Net Income without Adjusting Entries of $22,850 : Overstated

To know more about, journal entries, visit :
brainly.com/question/15889958

#SPJ1

7 0
1 year ago
Find the present value that will grow to $45,000 if interest is 3.6% compounded monthly for 1 year.
Vaselesa [24]

Answer:

43,411.15

Explanation:

The formula for compound interest is

A = P(1 +I) ^n

From the question,

A = 45,000

P = Unknown

I = 0.036 ÷ 12

n = 1 * 12

Therefore,

45,000 = P(1 +0.036/12) ^1 *12

45,000 = P(1.003)^12

45,000 = 1.0365998P

P = 43,411.15

3 0
2 years ago
Edelman Oil performs oil changes. The standard wage rate for oil change technicians is $ 17 per hour. By analyzing its past reco
weeeeeb [17]

Answer:

Instructions are below.

Explanation:

Giving the following information:

The standard wage rate for oil change technicians is $ 17 per hour. standard of 18 minutes​ (or 0.30 ​hours) per oil change.

Production= 1,600 oil changes

Actual hours= 310 direct labor hours

the average rate= $ 24 per hour.

To calculate the direct labor rate and efficiency variance, we need to use the following formulas:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (0.3*1,600 - 310)*17

Direct labor time (efficiency) variance= $2,890 favorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (17 - 24)*310

Direct labor rate variance= $2,170 unfavorable

7 0
3 years ago
Suppose the production of solar powered lawn mowers is characterized by the production function Q = LE, where Q represents the n
RoseWind [281]

Answer:

110 labor and 1100 energy

Cost of 2,200 dollars

Explanation:

Q = L x E

Cost = 10 L + E

We use Excel solver tool to get this

    A            B               C      

1                Labor Energy  

2 Quantity     110          1100

3 Cost             10               1

4 output    121,000  (B2 * C2)

5 cost           2,200 (B2*B3 + C2*C3)

we want to minimize B5 (cost)

changing the quantities (b2:c2)

with the constrain that output b4= 121,000

7 0
3 years ago
HELP ASAP PLS!!! Complete the following sentence.
Alex73 [517]
A regimen with a schedule outline or summary of class topics and assignments
5 0
3 years ago
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