Nokia's workforce experienced interruptions as a result of transformations. Old talents became less significant and new skills were required. Employers needed encouragement from managers to adjust to the changes. Managers needed to be leaders.
<h3>
Leadership Qualities of a Good Manager</h3>
- Motivates Others: This might be the most crucial characteristic among all those that distinguish successful managers. An organization's success is frequently fueled by its capacity to empower team members and support each individual's pursuit of excellence.
- Demonstrates Honesty and Transparency: The latter category includes good managers, who typically exhibit a high degree of candour regarding their work. Because of this, both their managed staff and their overseeing executives are confident in their managerial abilities.
- Effectively communicates: Employees are having trouble understanding a manager's requests if poor communication is present. A good manager has strong, situation-specific communication skills. He or she might be able to convey strategic goals to a room full of executives as well as identify extremely specific goals for a project team.
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Answer:
$ 30,000.00
Explanation:
The cost of warranty is expensed the same period the sale is made. Warranty can be estimated, and expensing them together with sale matches a sale and its relevant cost.
<u>In this case: </u>
Estimated warranty @ $15 dollar per unit sale
total unit sold =2000
Warranty amount = $15 x 2000
=$ 30,000.00
To be expensed when the sale is made
Answer:
Resilience.
Explanation:
In business, Geoff is demonstrating an ability termed resilience to recover from his low sales and not only adapt but offering post disaster strategies to prevent low sales. By demonstrating resilience, Geoff could bounce back from such a setback.
Answer:
Left shift
Explanation:
In simple words, If manufacturing costs rise, the distributor's expenses for each output threshold will rise as well. The supply curve must shift inwards that is to the left) if everything else remained constant, indicating the higher cost of manufacturing. At each quantity level, the provider will supply less.
Answer:
Concept: Business Administration
- By definition the shrink it and pink it is a method employed by marketing to create a curated color that appeals to the women eye and also retroactively fits their figure and stature.
- Arguably, the strategy is <u>effective</u><u> </u>in principle as it attracts more women buyers that would have otherwise skipped over the said sport apparel. It curated a line of clothing that suits them and makes them feel included. The principle of inclusiveness is a driving factor in this strategy which inherently has increased the sales of women apparel.
