Three really important roles are allocation function, distribution function, stabilization function
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Answer:
Proactive
Explanation:
Proactive change is the change that occurs when an organisation makes different modifications to to a work place and methods.
Most organisations carry out proactive changes due to the following reasons:
1) Gaining entry into a new market.
2) Change in the normal business condition.
3) Acquiring operational capabilities.
Proactive changes helps to identify new innovation for the growth of the company, it also allows for flexibility and better internal understanding among employees.
Answer: Behavioral addition
Explanation:
The behavioral addition is one of the process that helps in understand the behavior of an organization in terms of performance, change in the policies and productivity the firm.
It is also refers to the process performing the new behavior in an organization by the employees or the manager.
According to the given question, Trisha is the new CEO of the manufacturing firm and she introducing the various types of new policies for the purpose of improving the performance of the company.
Therefore, Trisha is using the behavioral addition for illustrating the given scenario.
Answer:
Equipment and notes payable
Explanation:
Since the equipment is purchased by signing the note payable which affected the two accounts i.e equipment and the note payable. In this, the cash transaction is not involved, so cash should not be considered
The journal entry would be
Equipment A/c Dr $10,000
To Notes payable $10,000
(Being the equipment is purchased by signing a note payable)
Answer:
One approach is to use the simple equation Value = Benefits / Cost. The plus side to this approach is that it is concrete and quantifiable. You can measure the profit consistently throughout the life of the product, charting changes in value over time.
