Answer: A) affiliation
Explanation: According to McClelland's Learned Needs Theory, 3 motivators was identified which are :
1. The need for Affiliation
2. The need for Achievement
3. The need for Power
The need for Affiliation: This is motivator that wants to belong to a group, will often like to go along with others in the group and hates uncertainty.
The need for Achievement: This is a motivator that has a strong urge to set and accomplish goals, likes to take calculated risks, likes feedback on achievements and likes to work alone.
The need for Power: This is a motivator that wants to be in control, enjoys competition and like to win all arguments.
Generally, this theory helps to identify the determinant motivators in a group/team
Answer:
<u>Income statement of Parsons Company for the period ended December 31, 2014</u>
Amount in $ Amount in $
Service Revenue 37,000
Operating expense;
Salaries and Wages Expense 16,000
Insurance Expense 2,000
Rent Expense 4,000
Supplies Expense 1,500
Depreciation Expense <u> 1,300</u>
Total expense <u> (24,800)</u>
Net income/(loss) <u> 12,800 </u>
Explanation:
The income statement shows the income and expenses of a business. Owner's capital and drawings are elements of the business balance sheet. Other items given are elements of revenue and cost.
Answer:
Over the last two years, small businesses have taken to the electronic space as a means of expanding their businesses.
This e-commerce trend experienced an upward spike during the C-19 Pandemic. As businesses were forced to operate remotely, necessity which is the mother of invention, started to thinking of ways to restructure their businesses to operate more electronically using a wide array of online tools and technology.
In a recent survey, 10 out of 50 businesses said they were not reverting back to their former model of operations as they had realised that it was completely unnecessary.
Top reasons given are:
- Given the shedding of operation load and streamlining to basic functions whilst retaining the quality of product and or service, they also shed a lot of costs which increased their bottomline;
- emote service deliveries enabled them to get into more territories that they couldn't access prior to the C-19 pandemic. Thus leading to an expansion of clientele/market share.
Answer:
Net operating income $15,000
Explanation:
Flagger Company
Income statement for the year ended , 31 December
Fee earned
165,000
Less : Operating expenses
Salaries and wages 40,000
Rent expense. 51,000
(91,000)
Gross profit.
74,000
Less: Selling expense.
(44,000)
Profit before interest and tax.
30,000
Less interest expense.
(18,000)
12,000
Add: Interest income.
3,000
Net operating income.
15,000