Transformational is committed to persuading followers to share a leader’s vision and desired goals.
A transformational leader is someone who: Supports followers' positive growth and motivation. sets an example for moral behavior within the company and inspires others to do the same. creates a work atmosphere that is morally sound and has defined priorities and norms.
Transformational leaders are adept at inspiring and motivating their teams to act in ways that result in substantive change. A successful staff that is empowered to innovate and contribute to an organization's future success is the outcome.
According to the leadership theory of transformational leadership, a leader collaborates with teams or followers beyond their immediate self-interests to identify needed change, develop a vision to guide the change through inspiration and influence, and carry out the change with the help of devoted group members.
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Answer:
$3.35 per unit
Explanation:
The computation of the fixed cost per unit is shown below:
Given data
Total fixed cost = $764,000
Total cost i.e fixed cost + variable cost = $1,040,000
Total units produced = 200,000
The units is 228,500
So, the fixed cost per unit is
= Total fixed cost ÷ Number of units
= $764,000 ÷ 228,500 units
= $3.35 per unit
By dividing the total fixed cost with the number of units we can get the fixed cost per unit
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Answer:
ROE - 20.8%
ROA - 9.88%
RNOA - 20.33%
Explanation:
ROE = Net income / Average shareholder equity
Average shareholder equity = 48,633 + 46,878 / 2 = 47,770.50
ROE = 9,938 / 47,770.50
ROE = 20.8%
ROA = Net Income / Average Total Assets
Average total assets = 110,903 + 90,266 / 2 = 100,584.50
ROA = 9,938 / 100,584.50
ROA = 9.88%
RNOA = NOPAT / Average net Operating Assets
Average net Operating Assets = 56,535 + 51,447 / 2 = 53,991
NOPAT = Net Operating income before tax - Tax expense
NOPAT = 13,871 - 2,896 = 10,975
RNOA = 10,975 / 53,991
RNOA = 20.33%
Answer:
<u>Socio economic</u> view
Explanation:
The socio economic view relates to viewing organizational decisions in the light of their both social and economic consequences.
The concept of corporate social responsibility relates to discharge of those social obligations which an enterprise owes to it's various stakeholders.
A business operates within social bounds and thus it becomes indispensable for a business to contribute to social good which could be in the form of amenities, providing better sanitation facilities or better infrastructure.
As per the socio- economic view, economic gains which represent economic profits and social gains as a measure of social betterment, both are inter related and a corporation must not view them as separate.