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Liula [17]
3 years ago
13

For seven years, Bonnie Patterson has been a manager at Wayne and Watson, a legal consultancy firm. A good part of her workday i

nvolves holding meetings, and she likes to follow a well-defined schedule. For this reason, members of her team receive the agenda at the beginning of the meeting, followed by some time to contemplate the issue at hand individually. Subsequently, the team members present their ideas one after the other, the group discusses them together, and lastly, a ranking is done to choose the most favored idea. This represents the ________ approach of group decision making.
Business
1 answer:
Blababa [14]3 years ago
5 0

Answer:

Nominal Approach

Explanation:

The approach which is followed by manager is the Nominal approach or technique, it is that technique which involves the group process comprise of solution generation, decision making and problem identification.

It can be used many sizes of the group, who want to take a decision as by vote, rank but include everyone opinions. Therefore, in situation, this approach is used.

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One of the best network traits you can develop is
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I would go with C because you need to hear the other person
6 0
3 years ago
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Economies of scope are characterized by A. low capital intensity and low resource flexibility. B. high capital intensity and low
nasty-shy [4]

Answer:

C. high capital intensity and high resource flexibility

Explanation:

Economies of scope describe situations in which the long-run average and marginal cost of a company, organization, or economy decreases, due to the production of some complementary goods and services. An economy of scope means that the production of one good reduces the cost of producing another related good.

7 0
4 years ago
A natural monopolya. exists when many sellers experience lower average total costs than potentialcompetitors do.b. exists when a
liq [111]

Answer:

e. exists when a single seller experiences lower average total costs than any potential competitor.

Explanation:

A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. This ultimately implies that, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes. Any individual that deals with the sales of unique products in a monopolistic market is generally referred to as a monopolist.

For example, a public water supply company is an example of a monopoly because they serve as the only source of water provider to the general public in a society.

A natural monopoly exists when a single seller experiences lower average total costs than any potential competitor because of the very high start-up or initial cost and economy of scale.

8 0
3 years ago
You are considering adding a microbrewery on to one of your firm's existing restaurants. This will entail an increase in invento
Contact [7]

Answer:

The change in net working capital resulting from the addition of the microbrewery is $5,500 (decrease)

Explanation:

There are 3 key elements of working capital. These are;

  • Inventory
  • Accounts payable
  • Accounts receivable

Given;

increase in inventory = $8,000

increase in Accounts payable = $2,500

Change in net working capital resulting from the addition of the microbrewery = -$8,000 + $2,500

= -$5,500

8 0
3 years ago
at the end of the current year, using the aging of accounts receivable method, management estimated that $16,500 of the accounts
Furkat [3]

The adjusting entry that the company should pass at the end of the current year to record the bad debts expense:

Bad Debts Expense 16,900

Allowance for Doubtful Accounts  16,900

<h3>What is an allowance for doubtful accounts?</h3>

A contra account called an allowance for doubtful accounts nets against the total receivables shown on the balance sheet to only show the amounts anticipated to be paid. The percentage of accounts receivable that are anticipated to be uncollectible is estimated by the allowance for doubtful accounts.

A negative balance in the allowance for doubtful accounts means that more accounts than anticipated have been written off. A contra asset account with a typical credit balance is the allowance for doubtful accounts.

Under the aging method, the adjusting entry for bad debt expense is calculated using the following formula:

Estimate of uncollectible accounts - (+) Current credit (debit) balance in the allowance for doubtful accounts = Bad debt expense

Hence, The adjusting entry that the company should pass at the end of the current year to record the bad debts expense is given above.

Learn more about the allowance for doubtful accounts:

brainly.com/question/17008094

#SPJ4

"Your question is incomplete, probably the complete question/missing part is:"

Bad Debts Expense 16,500

Allowance for Doubtful Accounts  16,500

Bad Debts Expense 16,100

Allowance for Doubtful Accounts  16,100

Bad Debts Expense 16,900

Allowance for Doubtful Accounts  16,900

Accounts Receivable 16,500

Bad Debts Expense 400

Sales  16,900

Accounts Receivable 16,900

Allowance for Doubtful Accounts  16,900

8 0
2 years ago
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