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vaieri [72.5K]
3 years ago
14

Employee involvement and participation​ (eip) management is a method of management where​ ________.

Business
1 answer:
Fittoniya [83]3 years ago
7 0
It's a method where <span>subordinates share a significant degree of decision-making power with their immediate superiors
One positive benefit of the employee involvement and participation is that companies will prepare more employees to understand the company's operational method and make more potential leaders for the company if it choose to expand in the future</span>
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Bob manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash twice per month. On payday, h
stiks02 [169]

Answer:

shoe-leather costs

Explanation:

Inflation is a persistent rise in general price levels.

shoe-leather costs of inflation is the cost in terms of  time and effort spent by individuals in reducing their cash holdings in order to avoid paying inflation tax.

Bob's shoe cost of inflation includes :

1. the time and effort expended in going to purchase items immediately he is paid

2. the time and effort expended in converting the money he didn't spend to a more stable foreign currency.

5 0
4 years ago
Terrance has $100 that he can invest in a savings account. His bank is willing to pay interest to his account at a rate of 0.04.
katrin [286]

Answer:

25 years

Explanation:

4% of 100 is $4, $4 times 25 is $100

6 0
3 years ago
Read 2 more answers
Question 3(Multiple Choice Worth 5 points)
GenaCL600 [577]

Answer:

Money need for  one-year's tuition (A) = $11,590 (Approx)

Explanation:

Given:

Initial value (P) = $10,000

Annual rate of inflation (r) = 3% = 0.03

Time taken = 5 years

Find:

Money need for  one-year's tuition (A)

Computation:

A=p[1+r]^n\\\\A=10,000[1+0.03]^5\\\\A = 11,592.7407

Money need for  one-year's tuition (A) = $11,590 (Approx)

6 0
3 years ago
If the amount of gasoline available for sale suddenly drops for some reason, but the amount people want to consume remains uncha
GREYUIT [131]
If supply decreases and demand remains stable, the price mechanically moves up since richer people are ready to pay more to get gasoline.
Of course companies selling gasoline want to maximize their profit so they will increase the price.
Right answer is A.
4 0
3 years ago
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Which of the following is not a generally accepted accounting principle relating to the valuation of assets? The going-concern a
I am Lyosha [343]

Answer:

The going-concern assumption - one reason for valuing assets such as buildings and equipment at cost rather than at their current market values is the assumption that the business will use these assets rather than sell them.

Explanation:

Accounting valuation is the process by which a company compares it's assets and liabilities for reporting purposes.

The generally accepted accounting practices (GAAP) are a set of rules that guide accountants in recording and reporting financial transactions.

These principles ensure uniformity in how transactions are treated by all accountants.

There are 5 of these principles:

- Revenue principle

- Expense principle

- Matching principle

- Cost principle

- Objectivity principle

The going concern assumption is not part of GAAP but rather is an accounting concept that assumes that a business will remain in operation.

In financial statements it is required disclosures are made when a business is going to fail. In this instance it is no longer a going concern

7 0
4 years ago
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