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3 years ago

Analyse the interrelationship anong the stages of group development process

Business

1 answer:

tino4ka555 [31]3 years ago

4 0

Answer:

Bruce Tuckman presented a model of five stages Forming, Storming, Norming, and Performing in order to develop as a group.

Orientation (Forming Stage) ...

Power Struggle (Storming Stage) ...

Cooperation and Integration (Norming Stage) ...

Synergy (Performing Stage) ...

Closure (Adjourning

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In coming years, high-tech growth areas such as computers, biotechnology, and robots are likely to experience a:

Sergio039 [100]

Answer:

C. shortage of skilled labor.

Explanation:

The invention of high-tech (computers, biotechnology, robots, drones, self driving vehicles and so an) is reducing the involvement of skill human labor which will continue incoming years. For example humans carryout the task of carrying-out calculation several years ago, but in recent years computers carry out such works and at a faster pace. Also routine human works such as arranging, bottling, pasting of labels can be carried-out by well programmed out and trained robots. These and many more will cause the shortage of labor(human) in coming years.

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3 years ago

Paid Rs.700 as rent of the house occupied by the proprietor for personal use

Pani-rosa [81]

Answer:

see below

Explanation:

In this transaction, Rs. 700 is used to pay for rent that the proprietor uses for personal use. The transaction will be captured in the drawings account. A drawing account is used to track all the money owners take from a business for personal use. The amount taken to pay rent, Rs. 700 will be debited Drawings A/c.

The transaction will decrease cash ( asset account) by Rs. 700. A decrease in assets is credited. Therefore, the cash account will be credited by Rs.700

The journal entry will be

Drawings A/c Dr. Rs.700

Cash A/c. Cr Rs.700

4 0

3 years ago

Target Profit Outdoors Company sells a product for $110 per unit. The variable cost is $65 per unit, and fixed costs are $288,00

STatiana [176]

Answer:

Results are below.

Explanation:

Giving the following information:

Target Profit Outdoors Company sells a product for $110 per unit. The variable cost is $65 per unit, and fixed costs are $288,000.

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 288,000 / (110 - 65)

Break-even point in units= 6,400

<u>Now, we incorporate the desired profit in the formula:</u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (288,000 + 54,720) / 45

Break-even point in units= 7,616 units

7 0

3 years ago

Jim has an annual income of $240,000. Jim is looking to buy a house with monthly property taxes of $140 and monthly homeowner’s

kupik [55]

Answer:

The amount of the most expensive house Jim can buy is $1,329,720.81.

Explanation:

Maximum LTV = 80%.

Annual income = $240,000

Monthly total income = Annual income / 12 = $240,000 / 12 = $20,000

Maximum front end DTI limit = 28%.

Front end DTI = (Monthly mortgage payment using Front end DTI + Monthly tax + Monthly insurance) / Monthly total income

28% = (monthly mortgage payment using Front end DTI + $140 + $70) / $20,000

28% * $20,000 = Monthly mortgage payment using Front end DTI + $210

$5,600 = Monthly mortgage payment using Front end DTI + $210

Monthly mortgage payment using Front end DTI = $5,600 - $210 = $5,390

Maximum back end DTI is 36%.

Back end DTI = (monthly mortgage payment using Back end DTI + monthly tax + monthly insurance + other debt payments) / monthly gross income.

36% = (monthly mortgage payment using Back end DTI + $140 + $70 + $178) / $20,000

36% * $20,000 = Monthly mortgage payment using Back end DTI + $388

$7,200 = Monthly mortgage payment using Back end DTI + $388

Monthly mortgage payment using Back end DTI = $7,200 - $388 = $6,812

Maximum monthly mortgage payment to satisfy both Front and Back end DTI = Lower of Monthly mortgage payment using Front end DTI and Monthly mortgage payment using Back end DTI = Monthly mortgage payment using Front end DTI = $5,390

The loan amount can now be calculated using the following Excel PV function:

Loan amount = PV(rate,nper,-pmt) .............................. (1)

Where:

rate = Monthly rate = Annual rate / 12 = 4.5% / 12 = 0.045 / 12 = 0.00375

nper = Number of period or months = Numbers of years of loan tenure * 12 = 30 * 12 = 360

pmt = monthly payment = Maximum monthly mortgage payment to satisfy both Front and Back end DTI = $5,390

Substituting all the values into equation (1), we have:

Maximum loan amount = PV(0.00375,360,-5390) ................. (2)

Inserting =PV(0.00375,360,-5390) in any cell in an Excel sheet, we have:

Maximum loan amount = $1,063,776.65

Maximum house value can be calculated using the following formula:

LTV = Maximum loan amount / Maximum house value ……..……….. (3)

Substituting the relevant values into equation (2), we have:

80% = $1,063,776.65 / Maximum house value

Maximum value of house = $1,063,776.65 / 80%

Maximum value of house = $1,329,720.81

Since the Maximum value of house is $1,329,720.81, this implies that the amount of the most expensive house Jim can buy is $1,329,720.81.

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3 years ago

James would like to create a sole proprietorship operating under the name Super

Sever21 [200]

Answer:

James will need to register the business with his local state as the

name of his business differs from his own.

Explanation:

5 0

3 years ago

Analyse the interrelationship anong the stages of group development process ​

Analyse the interrelationship anong the stages of group development process