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Lemur [1.5K]
3 years ago
6

The dean of a highly reputed business school has decided to pursue a coveted accreditation for the college. To get the faculty's

buy-in and support, she created a faculty-driven process whereby members of the faculty participate and carry out the accreditation process under her guidance. This approach has increased the commitment of the faculty, who now have a stake in seeing the process succeed and the goal of accreditation accomplished. What influence tactic did the dean use?
Business
1 answer:
natita [175]3 years ago
6 0

Answer:

Consultation.

Explanation:

In the scenario observed in the question, it can be seen that the dean used the consultation tactic.

This tactic can be defined as the influencing leader seeking support from others to influence a group.  This is an effective approach to increase group satisfaction due to the value of democratic decision-making.

The benefits of this technique are described in the question, such as the increased commitment of the faculty, who are now interested in seeing the process succeed and the objective of accreditation fulfilled.

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In the financial projections section, the SBA recommends this for the projections for the first year quarterly or monthly projections.

<h3>Financial Projections</h3>

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Regular planning also assists your business in adjusting to change on both an internal and external level. You are better equipped to identify issues and possibilities by routinely reevaluating your company's capabilities, markets, and competition.

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1 year ago
To join an upscale country​ club, an individual must first purchase a membership bond for​ $20,000. In​ addition, monthly member
OverLord2011 [107]

Answer: $61,697.90

Explanation:

GIVEN the following ;

Membership bond = $20,000

Monthly membership due= $250

Annual percentage rate(APR) = 6% = 0.06

monthly rate (r) = 0.06 ÷ 12 = 0.005

Payment per period(P) = $250

Using the formula for present value of ordinary annuity:

PRESENT VALUE (PV) =

P[(1 - ((1 + r)^(-n)) ÷ r]

$250 [ 1 - ((1 + 0.005)^-360))÷0.005]

$250 [( 1 - (1.005)^-360)÷ 0.005]

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8 0
3 years ago
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Transferred To Department B costs= $ 57,620

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                                         Materials     C.C              Materials  C.C

Transferred    8,600          100            100          8600           8600

<u>WIP Ending     3,800          100            50          3800           1900 </u>

<u>Total               12,400                                         12,400          10500</u>

<u />

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