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lbvjy [14]
3 years ago
9

1. There are many different leadership theories and no ideal leadership style. Explain what "It depends" means to you in the con

text of choosing the best leadership style.
Business
1 answer:
Anna [14]3 years ago
5 0

Explanation:

There are many different theories of leadership and no ideal leadership style, because the ideal leadership will depend on several factors that can vary from one organization to another, such as the organizational structure, the type of product and service that organization offers, its objectives and goals, its strategy, its mission, vision and values ​​and etc.

The most effective leadership style is one that is aligned with organizational purposes and values, as it is not enough to be an autocratic leader, for example in a decentralized organizational structure, where each employee has participation in the company's decision-making process.

Therefore, the ideal leader is the one who meets the requirements of your organization and your work team, is the one with communication and conceptual skills who understand the organization as an integrated system where there are people with different profiles and demands. The ideal leader will be one who acts ethically and following the set of company policies and procedures.

You might be interested in
It is frequently possible to test the physical inventory prior to the balance sheet date whenA.the internal control system is no
rusak2 [61]

Answer: C.the perpetual inventory records are accurate and related controls operate effectively

Explanation: When the perpetual inventory records are accurate and related controls operate effectively, it is frequently possible to test the physical inventory prior to the balance sheet date.  An auditor will generally decide whether the inventory count can be taken before year-end primarily on the basis of accuracy of the perpetual inventory master files.

5 0
2 years ago
Bricktan Inc. makes three products, basic, classic, and deluxe. The maximum Bricktan can sell is 75,000 units of basic, 420,000
lubasha [3.4K]

Answer:

Bricktan Inc.

The total contribution margin if Bricktan chooses the most profitable sales mix is:

= $8,775,000.

Explanation:

a) Data and Calculations:

                                                     Basic        Classic       Deluxe     Total

Maximum sales                        75,000      420,000     120,000

Production hours available = 90,000

Units per hour                               10              8                  4

Hours required to meet sales  7,500        52,500       30,000    90,000 hrs

Contribution margin per unit    $15            $25            $55

Contribution margin per hour   $150         $200         $220

Total contribution margin $1,125,000  $1,050,000  $6,600,000  $8,775,000

7 0
2 years ago
On the Chicago Board Options Exchange, the person responsible for handling those orders that can be executed immediately is the:
Sonja [21]

Answer:

B. Floor Broker

Explanation:

Floor brokers on the Chicago Board Options Exchange ( CBOE ) accept orders from member firms for execution. Orders are filled under an open outcry auction system in the trading "pits."

Market makers maintain bid and ask quotes in options contracts.

Order book officials maintain the book of public orders that cannot be immediately filled.

4 0
3 years ago
Williams Corp. is considering signing contracts that will obligate the firm to purchase 100000 Swiss Francs worth of computer eq
ella [17]

Answer:

$80,000

Explanation:

Given that at the end of each quarter, William corporation will purchase 100,000 Swiss francs worth of computer equipment for next 2 years. A local high school will still purchase this computer equipment at $89,000 each quarter for the next 2 years.

This means, we have the following:

Cost of purchase = 100,000 * number of quaters = 100,000 * 8 = 800,000

Convert to USD at an exchange rate of $0.79 = 800,000 * 0.79 = $632,000

Cost of purchase in USD = $632,000

Also, find the revenue generated after selling the computer equipments to the high school.

Revenue generated = $89,000 * number of quaters = $89,000 * 8 = $712,000

Williams' profit or loss would be calculated using the following:

Profit(loss) = Revenue generated - Cost of purchase

= $712,000 - $632,000

= $80,000

Since we have a positive value, Williams would make a profit of $80,000 through out the life of the contract.

4 0
3 years ago
The period manufacturing costs of a company is comprised of $2,000,000 in direct materials, $1,000,000 in direct labor, and $500
shutvik [7]

Answer:

The Direct material cost per unit is = 285.714 per unit

The  Direct labor per unit is= 142.857 per unit

The Overhead cost per unit is  = 71.4285 per unit

Explanation:

Solution

We recall that:

The total direct material= $2000000

The total direct labor= $1000000

The units in products = 7000 units

The total Overheads= $500000

Now,

The direct materials on machinery is = $ 800,000(40%)

The direct labor on machinery  is= $ 600,000(60 %)

The machinery on overheard  is = $ 250,000(50 %)

The direct materials on assembly is  = $ 1200,000

The Direct labor on assembly is  = $ 400,000

The Overhead on assembly  is = $ 250,000

Thus,

The hybrid manufacturing cost statement is represented or shown below

Particular   Machinery (40%)in $     Assembly (60%)in $  Total in $

Now,

Particular = Direct material,

Machinery (40%)in $  = 800000

Assembly 60% in $ = 1200000

Total in $ =2000000

Grand total = 1650000

Particular = labor

Machinery (40%)in $  = 600000

Assembly 60% in $  = 400000

Total in $ = 1000000

Grand total = 1850000

Particulars = Overhead

Machinery (40%)in $ =250000

Assembly 60% in $ = 250000

Total in $ = 500000

Grand total = 3500000

Thus,

The Direct material cost per unit = 2000000/7000 = 285.714 per unit

The  Direct labor per unit = 1000000/700 = 142.857 per unit

The Overhead cost per unit = 500000/7 = 71.4285 per unit

3 0
2 years ago
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