1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ludmilkaskok [199]
3 years ago
7

​Nick, the director of manufacturing at a large electronics​ company, has created a team of eleven employees from quality contro

l for working on high priority projects. Nick gives the team members the responsibility of planning and scheduling their own work and making all functional decisions.​ Also, members of this team evaluate each​ other's performance. This is an example of a​ ________ team.
Business
1 answer:
Aleksandr [31]3 years ago
4 0

Answer:

Self-managed Work team.

Explanation:

As Nick has created a team of eleven employees from quality control for working on high priority projects. Nick has given the team members the responsibility of planning and scheduling their own work and making all functional decisions.​ Also, members of this team can evaluate each​ other's performance. This is an example of a​ self-managed work team. Self-managed work team are self-organized group of people who can plan, manage, organize, evaluate, control their own tasks, goals and daily day to day activities under less, reduced or almost no supervision. These teams are also referred to as self-directed teams.

You might be interested in
Given your understanding of cash flow, financial statements, ratio analysis and time value of money, provide an example of why t
Alla [95]

Answer:

The best example I can think of that would integrate all of these concepts is when a business is looking to finance some sort of project and they are seeking financing either through the issuance of bonds or a loan from a bank. Some of the concepts would be important to both parties, while others would be more important to one than the other.

Cash Flow

This would be important to both parties. The business, to make sure they have enough cash flow to pay for the financing. And the financiers, for the same reason.

Ratio Analysis

This would be important to both parties for the same reason as above. Especially the "current ratio" (current assets / current liabilities) and the "working capital" ratio (current assets - current liabilities).

Financial Statements

This would be of most importance to the financiers. They would want to see the total picture of a company's financial strength.

Time Value of Money

This would be of most importance to the company itself. They would want to know if the project was worth the total amount they would be paying on the bonds or the loan

5 0
4 years ago
Suppose that you open your own business and earn an accounting profit of​ $35,000 per year. When you started your​ business, you
Aleonysh [2.5K]

Answer:

B. minus​$2,000.

Explanation:

The computation of the economic profit is shown below:

As we know that

Economic profit = Total revenue - Explicit costs - Implicit costs

= $35,000 - $30,000 - $7,000

= -$2,000

The implicit cost is come from

= $70,000 ×10%

= $7,000

We simply applied the above formula so that the economic profit could come

7 0
3 years ago
Lito is a Brokerage Clerk. Which sentence best describes Lito’s job?
sergiy2304 [10]

Answer:

D just did it

Explanation:

7 0
4 years ago
Read 2 more answers
Employee empowerment is another term used to describe ________, an objective of the employment relationship in which workers are
lisabon 2012 [21]

Employee empowerment is another term used to describe decentralization an objective of the employment relationship in which workers are given some say in the conditions of their employment.

Centralization or decentralization is the process by which an organization's activities, especially those related to planning and decision-making, are decentralized or delegated from a central, authoritative place or group.

The concept of decentralization has been applied to the group dynamics and management sciences of private companies and organizations, political science, law and administration, economics, money, and technology.

learn more about decentralization  here; brainly.com/question/27661901

#SPJ4

3 0
1 year ago
Is it possible that a person might be an effective leader in one situation but not in another
amid [387]

Yes, effective leadership involves chosing the right style for the situation. Every leadership situation has different variables and followers. Think of a coach that fails with one team and wins with another.

6 0
4 years ago
Other questions:
  • A congressional committee that holds a hearing to determine whether the department of agriculture is administering the food stam
    6·1 answer
  • Pablo is saving for a big-screen television. Which of the following actions could be the most harmful to Pablo's savings goal? S
    13·1 answer
  • This private, not-for-profit organization is committed to developing and maintaining practical, customer-focused standards to he
    8·1 answer
  • Moira Company has just finished its first year of operations and must decide which method to use for adjusting inventory account
    9·1 answer
  • Recapitalization Currently, Forever Flowers Inc. has a capital structure consisting of 25% debt and 75% equity. Forever’s debt c
    12·1 answer
  • A business school would like to know that whether the average number of years of work experience of MBA applicants is less than
    5·1 answer
  • Apple, known for creativity and innovation, keeps its new innovations consistent with previous product lines to maintain long-te
    11·1 answer
  • At the beginning of each of her four years in college, Miranda took out a new Stafford loan. Each loan had a principal of $5,500
    6·2 answers
  • Problem 10-3A On January 1, 2017, Evers Company purchased the following two machines for use in its production process.
    8·1 answer
  • Sunland Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is avail
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!