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docker41 [41]
3 years ago
11

Your organization has an executive committee that oversees corporate policies. The group has a chair who schedules meetings and

sets agendas. There is also a recording secretary who takes notes and maintains records. In addition, another member of the group serves as a liaison to the board of directors. Which group characteristic does this description best reflect?
a. Informal leadership
b. Cohesiveness
c. Behavioral norms
d. Role structure
Business
1 answer:
Oduvanchick [21]3 years ago
4 0

Answer:

d. Role structure

Explanation:

Analyzing the information in the question above, it can be said that the group characteristic that best reflects the description above is the structure of the function, which is when each employee of a team has an established function and that differs from the function of the other members, as it is an example of the above question, whose executive committee has a president, a secretary of records and another member who acts in contact with the board. Therefore, each member has a specific task that integrated contributes to the achievement of the team's central objective.

The structure of the function is advantageous for an organization because of the delegation of tasks and specific assignment of functions according to knowledge and expertise, which increases the focus for solving tasks, the speed of decision-making, motivation and team effectiveness.

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The entries that transfer the​ revenue, expense, and dividends balances to the Retained Earnings account to prepare the​ company
Gemiola [76]

Answer:

The correct answer is "Closing entries"

Explanation:

Closing entries, commonly named as closing journal entries, are records produced at the close of an accounting period to transform in 0 "zero" all temporary accounts. Usually is the balance is transferred to permanent accounts. It is used to close the temporary accounts and reset the balance every end of period.

8 0
3 years ago
Which one of the following statements concerning venture capital financing is incorrect? Multiple Choice Venture capitalists des
ziro4ka [17]

Answer:

The incorrect statement about Venture capitalists is:

Venture capitalists usually assume active roles in the management of the financed firm.

Explanation:

Venture capitalists are high net worth individuals with managerial competence or experience seeking for new businesses to invest in. In exchange, they ask for an equity stake in the company they finance.

Venture capital financing is the type of funds that are given to invested into viable businesses in their budding stage by investors that see long term growth potential in them. it is a form of private equity.

Venture Capitalist never assume active roles in the management of the financed firm. however, if they have the technical know how, they may pitch in passively from time to time to advice.

3 0
3 years ago
Red Empire Inc., a large multinational company owned by two partners, is active in the petroleum, capital market, chemicals, ste
Nezavi [6.7K]

Answer:

D. A conglomerate

Explanation:

A Conglomerate is a big corporation that is composed of a various combinations of business entities seemingly unrelated but under one corporate group. It is a big organization that has numerous products and services which vary extensively from one another. It is a big parent company comprising of many subsidiaries producing different products and offering different services. In this case, Red Empire is a conglomerate, the parent company having subsidiaries in petroleum, capital markets, chemicals, steel, beverages, hospitality, airlines, education, automobiles, and consumer electronics industries all with their various brand names.

3 0
3 years ago
Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2019, at a cost
Tcecarenko [31]

Answer:

The depreciation cost of the bus per unit is $ 1.4 which is purchased on January 1, 2019.

Explanation:

The depreciation cost per unit is computed as:

Depreciable asset = Cost - Salvage Value

                               = $205,860 - $7,900

                               = $197,960

Depreciation per unit = Depreciable asset /Useful life expected value

                                    = $197,960 / 141,400

                                    = $1.4

Therefore, the per unit cost is $1.4

8 0
3 years ago
What would be the net effect of the government increasing the taxes by $10 billion at the same time that it decreased spending b
vazorg [7]

Answer:

a

Explanation:

4 0
3 years ago
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