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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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3 years ago
The closing process is necessary in order to
goldfiish [28.3K]

Answer:

The closing process is necessary in order to confirm that net income or net loss and owner withdrawals for the period are closed into the owner's capital account.

Explanation:

Most economies around the world follow a specific accounting period which is commonly referred to as financial year or tax year. Before a new financial year begins, the accounts from the ongoing financial year have to be closed legitimately through a process called the 'closing process'. This process culminates in confirming that the net income secured or the net loss bore by the owner is included in no other account than the owner's capital account.

In order to carry out the closing process, the accountant has to commence with identifying the accounts that are required to be closed with or before the ending of the predefined financial period. He then has to record the last entries in these accounts as 'closing entries'. Once the accounts are closed, he has to calculate the trial balance and interpret the outcome. Closing of temporary accounts through a valid closing process dispenses the ease of calculating profit and loss in any given financial period coming to end.

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2 years ago
Fisher-Price developed a line of toys for infants in China. While they will be the ultimate end user of the product, by definiti
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Answer:

 This is true because babies still have no conscience to choose what kind of products they want to buy. In this case, the target would be the parents who want to offer their children quality toys at a price that is consistent with the market. So the technique would be to sell the product for the qualities that are beneficial for the baby and at the same time flashy, so that the parents make the purchase decision.

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3 years ago
Heavy Metal Corporation is expected to generate the following free cash flows over the next five​ years: LOADING.... ​Thereafter
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Answer:

Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: (Click on the following icon in order to copy its contents into a spreadsheet.) 2 3 Year FCF (5 million) 53. 6 66.2 78. 6 4 75. 3 . 5 82.5 After that, the free cash flows are expected to grow at the industry average of 4.4% per year. Using the discounted free cash flow model and a weighted average cost of capital of 13.6% a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $288 million, and 42 million shares outstanding, estimate its share price. a. Estimate the enterprise value of Heavy Metal The enterprise value will be $ million. (Round to two decimal places.) b. If Heavy Metal has no excess cash, debt of $288 million, and 42 million shares outstanding, estimate its share price. price. The stock price per share will be $ (Round to two decimal places.)

Explanation:

5 0
2 years ago
Anthony Roofing's budgeted manufacturing costs for 50,000 squares of shingles are: Fixed manufacturing costs $30,000 Variable ma
liberstina [14]

Answer:

Total budgeted manufacturing cost = $824,000

Explanation:

The total budgeted manufacturing cost is the sum of the variable  and fixed manufacturing cost

The fixed manufacturing cost of $30,000 would be absorbed (i.e charged to the units produced using overhead absorption rate (OAR).

OAR = Budgeted fixed manufacturing cost / Budgeted production squares

      = $30,000 /  50,000 squares = $0.6 per square

Absorbed fixed manufacturing cost= OAR × actual production of squares

Absorbed fixed manufacturing cost=  $0.6 × 40,000 = $24,000

Variable manufacturing cost = $20.00 × 40,000 =800,000

Total budgeted manufacturing cost = $24,000  + $800,000  = $824,000

Total budgeted manufacturing cost = $824,000

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3 years ago
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