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Scilla [17]
3 years ago
8

Marvin, the CEO of Flexus Inc, believes in sharing problems faced by the company with his employees. He prefers getting ideas an

d suggestions from relevant employees on an individual basis rather than having group meetings. However, he takes decisions on his own in the end, which may or may not reflect the employees' inputs. In the context of the normative decision theory, which of the following decision-making styles does Marvin use?
A) AIB) AIIC) CID) GII
Business
1 answer:
Maurinko [17]3 years ago
4 0

Answer:

C) CI

Explanation:

The Vroom-Yetton-Jago Normative Decision Model identifies 5 different decision making styles:

  1. Autocratic Type 1 (AI)
  2. Autocratic Type 2 (AII)
  3. Consultative Type 1 (CI): the decision maker shares the problem with a group of relevant subordinates individually, and asks them about possible suggestions or ideas. But the decision is made solely by the decision maker.
  4. Consultative Type 2 (CII)
  5. Group-based Type 2 (GII)
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gladu [14]

Explanation:

I disagree with this argument, it can be said that the secondary market is equally or more important than the primary market, due to the fact that it is the secondary markets that determine what will be the prices that the companies that issue bonds will sell in the primary market.

Secondary markets can also be considered to be responsible for making securities easier to sell in the primary market due to their greater liquidity.

4 0
3 years ago
A corporation following a _________ emphasizing vertical or horizontal growth would probably want an aggressive new chief execut
UkoKoshka [18]

Answer:

concentration strategy

Explanation:

This is an approach in which a business focuses on a single market or product which allows the company to invest more resources in production and marketing in that one area.

3 0
3 years ago
Read 2 more answers
Michael Anderson is starting a computer programming business and has deposited an initial investment of $15,000 into the busines
Darina [25.2K]

Answer:

a.increase in assets (Cash) and increase in owner's equity (Michael Anderson, Capital)

Explanation:

we solve this using the accounting equation

Assets = Liabilities + Equity

The cash would represent currency own by the company. That is the definition of assets. Something own by the company that either is cash or can be converted into cash in the future or help to provide an inflow of cash.

Now, as Asset increase by 15,000 the other side must also increase.

The company has no liability against the owner Thus this will be an equity account Which precisely, it represent the capital of the owners.

5 0
3 years ago
The statement of cash flows shows the following information: Cash provided by operating activities of $18,200 Cash used by inves
Rudiy27

Answer:

$27,400

Explanation:

The amount of cash at the end of the period is calculated as;

Cash provided by operating activities

$18,200

Cash used by investing activities

($6,700)

Cash used by financing activities

($1,200)

Net increase (decrease) in cash balance

(a) $10,300

Cash at the beginning of the year

(b) $17,100

Cash at the end of the year

c = (a) + (b) = $27,400

8 0
2 years ago
Mr. Dealer bought a fleet of SUVs (sport utility vehicles) from General Motors (GM) on credit, GM agreeing not to assign the res
Temka [501]

Answer:

Yes, Dealer could collect damages from GM because basically GM breached the contract. Any time a contract is breached, the non-breaching party can sue. But the real question here is what amount could the court assign to Dealer as compensation for damages incurred. If you want to rephrase this question, it would be: What damages did Dealer suffer due to GM's breach.

If the damages are not significant, then the court will probably assign some amount for nominal damages. To be honest, the greatest expenses here are actually the legal costs of the lawsuit. Unless Dealer can prove that assigning the contract actually hurt them (which I doubt), then the court will assign a small amount. Sometimes nominal damages can be very small and mostly symbolic, e.g. $1.

3 0
3 years ago
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