Entrepreneurship encourages healthy competition. It
also improves economy by being able to partner with big companies in the other
countries. Bheki Kunene, a young entrepreneur of South Africa, was able to
partner with numerous companies across the world. And lastly, it encourages
healthy competition.
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A savings account that pays interest every month is said to have a quarterly interest period.
The book value of the company’s assets is the sum of the values
of individual assets entered in the books of the company. The following would
be its book value:
Cash $34,600
Accounts receivable $54,200
Inventory $92,300
Fixed assets $234,500
Accumulated depreciation of fixed assets ($107,900)
Total book value of the assets of the firm $307,700
Answer:
Autocratic
Explanation:
In autocratic leadership, the manager or leader makes all decisions on behalf of the company or group. The leader does not seek or consider the inputs of others when making decisions. The autocratic leadership style is the same as the dictatorship style.
An autocratic leader issues orders or commands which the subordinates are expected to follow to the latter. When the organization archives success, all the credit goes to the leader.
Answer:
Memo for business promotion
Explanation:
To : Manager
From : Finance Officer
Subject : Actions for moving forward
The business meeting has been concluded successfully and minutes of the meeting is prepared in the document. The business needs to be moved forwards as there are many competitors entering in the market. The business need to focus on introducing new products which are demanded by the customer and allow some customization according to customer needs. The packaging of the products also needs to be revised as the presentation is also important for customer to make a buy decision. The business profits will increase and the sales will be high.
Further minutes of the meeting are attached with the memo.
Sign: Edward,