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Sergeeva-Olga [200]
3 years ago
5

Business partners Lars and Sam brought to life a revolutionary idea.Both were skilled in computer science.For the first few year

s,they hired people with their same mindset: employees who worked well under a free-reign leadership style where they could expand upon the company's technology and create new products.Moving forward,the partners realized that their fast-growing venture needed structure.Lars and Sam understood what was needed,but questioned whether they could change their own leadership behavior to make it happen.In order to develop the financial and operations side of the business,the partners hired an additional leader,a person whose leadership style was high on structure.Which of the following statements about leader behavior attests to the soundness of this strategic move?
A) These partners could not perform the four functions of management.
B) Successful leaders adapt their behavior to the situation at hand.
C) Most successful leaders will choose one leadership style and never succumb to the threat that their behavior will be detrimental to a business's progress.
D) Businesses cannot continue to grow under the leadership of the original owners.Leaders cannot be strong in consideration and structure.
It is either one or the other,but never both in various amounts.
Business
1 answer:
kompoz [17]3 years ago
4 0

Answer: B) Successful leaders adapt their behavior to the situation at hand.

Explanation:

The business environment is not a fixed one, rather, it is constantly changing and in order for companies to survive, they would have to either evolve or die.

This is why leaders in those companies have to be able to adapt their behavior to the situation at hand, master it, and come up with a relevant solution.

In hiring the additional leader who could give their company structure when they needed structure, Lars and Sam are adapting to the situation at hand which makes them successful leaders.

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The balance in Happ Inc.’s general ledger Cash account was $71,580 at September 30, before reconciliation. The September 30 bala
Dafna1 [17]

Answer:

Explanation:

Bank Reconciliation: The bank reconciliation deals with the bank statement balance and the cash statement balance. The motive is to compare these two statements so that the organization can run in the smoothly manner.  

There are various transactions due to which the bank statement balance and the cash statement balance do not match. To match these statements, we adjust the transactions accordingly.

The preparation of the  bank reconciliation statement on September 30  is presented in the spreadsheet. Kindly find the attachment below:

7 0
3 years ago
Compute net income for 2019 by comparing total equity amounts for these two years and using the following information: During 20
marishachu [46]

Answer:

net income during 2019 = $109,045

Explanation:

total stockholder equity 2018 = assets - liabilities = $293,500 - $79,245 = $214,255

total stockholder equity 2019 = assets - liabilities = $497,512 - $177,212 = $320,300

change in equity from 2018 to 2019 = $106,045

$33,000 can be explained by additional capital invested, and the remaining  $73,045 corresponds to change in retained earnings

change in retained earnings = net income - dividends distributed

$73,045 = net income - $36,000

net income = $109,045

3 0
3 years ago
The town of Gracie has established a permanent fund to account for numerous significant gifts intended to maintain a cemetery in
Viktor [21]

Answer: B. Restricted Fund Balance

Explanation:

A Restricted Fund is created when the source of the funds sets certain stipulations for the use of the money which in this case is that the monies should be used for the maintenance of the cemetery. The monies will therefore be restricted to that use alone.

The Unspent Investment Earnings will be reinvested in the Permanent fund at the end of the year. The Permanent Fund is a Restricted fund account therefore the Unspent earnings will be classified as a Restricted fund balance as well.

4 0
4 years ago
Jared asked his mom to buy him Coco puffs after watching a TV commercial. To what group does he belong?
Fudgin [204]
A
Hope this helped thank you
8 0
4 years ago
A building with an appraisal value of $132,970 is made available at an offer price of $154,091. The purchaser acquires the prope
BartSMP [9]

Answer:

Total purchase value (Cost basis) = $105,770

Explanation:

Given:

Appraisal value = $132,970

Offer price = $154,091

Cash amount = $30,971

Notes payable = $22,282

Mortgage amount = $52,517

Find:

Total purchase value (Cost basis)

Computation:

Total purchase value (Cost basis) = Cash + Notes payable + Mortgage amount

Total purchase value (Cost basis) = $30,971 + $22,282 + $52,517

Total purchase value (Cost basis) = $105,770

7 0
3 years ago
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