Leadership is a way of leading others towards a certain goal. The one in charge of the leading or steering the mantle of leadership is known as a leader.
<h3>Characteristics of Transformational leadership</h3>
Transformational leadership helps followers to transcend their own self-interests for the good of the group.
There are types of leaders in every context. There are good and bad leaders. A transfirmational leader helps followers to achieve their personal interests.
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Motivating is not a primary functions of management.
Management is a leaflet of principles associated with the task of planning, organizing, directing, and controlling, and the implementation of these principles in using physical, financial, human, and informational resources adeptly and effectively to attain organizational targets,
The five primary functions of management are-
1. Planning
2. Organizing
3. Staffing
4. Directing
5. Controlling
Management is important for the smooth running of all types of organizations. Managing an organization refers to getting works done with other people to attain its targets.
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Answer:
(1) $9,973.15
(2) 10.7%
Explanation:
(1) A = P(1+r)^n
A (estimated cost of the wedding) is the total amount to be saved = $52,000
r = interest rate = 3.5% = 0.035
n = duration of savings = 4 years = 4×12 = 48 months
52000 = P(1+0.035)^48
52000 P(1.035)^48
52000 = P(5.214)
P = 52000/5.214 = 9,973.15
Amount to be saved each month is $9,973.15
(2) A = P(1+r)^n
A is the total amount the coin was resold = $297,500
P is the amount the coin was purchased = $219,000
n is the duration of the investment = 3 years
297,500 = 219,000(1+r)^3
(1+r)^3 = 297,500/219,000
(1+r)^3 = 1.358
1+r = (1.358)^1/3
1+r = 1.107
r = 1.107 - 1 = 0.107 = 10.7%
Answer:
they did it to secure maximum production
Explanation:
Why did the War Production Board (WPB) prefer to deal with major corporations rather than with small businesses
