Why is it important to measure the growth of the economy?
- To help government planners make good decisions
Government organizations use information about the size and growth rate of the economy to set economy policy, interest rates, and trade policies.
Why are bear markets linked to recessions?
-Shareholders have little confidence in the economy.
A bear market is a period of consistently falling stock prices, which can lead to people selling off their stock while they are ahead which causes prices and confidence to continue falling.
Answer:
See journal entries below.
Explanation:
The copy right is known as an intangible asset that is purchased to a business hence debited to factor in its purchase value while the bank is credited for the payment for the purchase.
Although the copyright is amortized for 12 years, the copyright protection expires after 12 years - which is the legal year irrespective of its plan to market and sell the painting for 19 years.
• Entries to record to record the purchase of copyrights on January 1, 2017.
Date
January 1,2017
Copyright Dr $510,000
Bank Cr $510,000
(Being purchase of 12 years painting copyrights)
• Annual amortization on December 31, 2017
December 31, 2017
Amortization Dr $42,500
Copyright Cr $42,500
(Being annual amortization cost on 12 years painting copyright)
Answer:
The correct answer is the option A: He should provide ample work-related information to all his employees.
Explanation:
To begin with, it is highly recommended that inside a company a manager should delegate and try to encourage their employees to take independent decisions regarding certain topics when making the decisions, however it is quite understood that some decisions can not be taken by those employees due to the fact that they do not know all the information necessary to make certain decisions or also to the fact that they might not understand the dynamics of the business.
To continue, even though some topics can not be decided by the employees, if the manager wants to encourage the employees to engage in activities in an independet way then the most common option is to provide them with ample work-related information so in that way they will understand a bit more of the dynamics of the business and therefore they will be a bit more accurate when making decisions.
Answer:
Hierarchical organizational structure
Explanation:
Hierarchical organizational structure is the type of organization structure where the level of management are divided according to function and services they are performing.
though, the level of management is divided into top level management (the planning executives: boards of member, executives, shareholders), middle (determined how the plan and organization goal will be implemented: managers) and lower level (implement the plan: the supervisor, foreman or shift manager), then will have the workers.
this management system involves decision and authority being transfer from level to level.
in the case: Asa is in the worker level, while her shift manager is in the lower level and general manager is in the middle level.
