Answer:
(D) Task specialists keep the group moving toward its objective
Explanation:
- The highest group performance occurs when a highly cohesive group has high-performance norms.
- Group or Teams can be powerfully effective as a building block for organization structure
- A team's purpose should be translated into specific, measurable performance goals.
- The key element of effective teamwork is the commitment to a common purpose.
- Teams are now used by almost all companies to produce goods and services, to manage projects, and to make decisions about running the company.
Hence, the statement in option (D) is correctly fitted.
The journal entry for the issuance of the stock for issue of 40 shares at a par value of $20, will affect a credit to Common Stock for $800.
<h3>What is a journal entry?</h3>
The process of maintenance of systematic and chronological records of financial transactions during a given financial period is known as a journal entry.
Hence, option C holds true regarding the journal entry.
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Answer:
a. A company's book value reflects the company's history of equity investment and retained earnings; a company's market value reflects investor's view of the company's future earning prospects.
Explanation:
The book value of a company is the residual equity and retained earnings after all liabilities paid. Market value is the view of investor's about the company and is what the company would be worth if it were to be sold.
If the market is price sensitive, this means consumers react to small variations in price. In this case, if you were to lower your price to below your competitors, and the market was price sensitive, you would expect to gain more customers. Consumers are wanting to maximize their utility (get the most for the smallest amount of money). If they are price sensitive, they will look for the lowest price that still has an acceptable quality.
