Context of Theory Y managers in China, managers who are skilled in the management of people and possessing political and ideological expertise are called the reds.
- People are self-motivated and love the challenge of work, according to theory Y.
- With this presumption, managers foster a closer working relationship with their staff members and inspire them by giving them the freedom to act independently, take on responsibility, and make decisions.
- Working hard both physically and mentally comes as naturally to individuals as sleeping or playing.
- Coercion, control, and punishment threats are important to motivate people to meet organizational goals.
<h3>What is the Theory Y approach?</h3>
- According to Theory Y, managers should foster an environment at work where workers have the chance to exercise initiative and self-direction.
- Opportunities for employees to contribute to the success of the company should be provided.
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When buying a new backpack, Maria assessed four brands. The evaluative criteria that she used to make a purchase decision were sturdiness, weight, and design.
She based her decision according to these criteria because they were important to her. If some other backpack met all these criteria, she might have bought that other one instead.
Answer:
49%
Explanation:
Expected sales growth rate of the venture is the summation of the weighted growth is sales for all predictions made by Lola.
Expected sales growth rate = ∑(
Where P(i) is the probability of a given predicted growth in sales, and G(i) is the predicted growth in sales.
Expected growth in sales of the venture =
(0.2*80%) + (0.3*60%) + (0.4*40%) + (0.1*-10%)
=16%+18%+16%-1%
=49%
Answer:
$968,926.23
Explanation:
The formula for calculating future value = A x (B / r)
B = [(1 + r)^n] - 1
R = interest rate = 12%
N = number of years 65 - 29 = 36
(1.12)^36 - 1 = 58.135574
$2000 x (58.135574 / 0.12) = $968,926.23
Answer:
The best response to Tracy's comments is:
B. Although you can hire someone to keep your books, you'll still need to know how to read, understand, and interpret basic accounting reports in order to make good business decisions.
Explanation:
Here in the given question it is mentioned that Tracy is wanting to start her own business but she has a very little knowledge about how to setup an accounting system and how the financial interpretation is been done.
So, she tells her friends that she is not at all worried about accounting. For this purpose she will be hiring a part time book keeper who will be handling all her stuff and who will also help her in focussing her attention in the different and innovative ideas of satisfying her customers.
Therefore, the best response to Tracy's comments can be given by:
B. Although you can hire someone to keep your books, you'll still need to know how to read, understand, and interpret basic accounting reports in order to make good business decisions.