what are the good characteristics of an entrepreneur?

Answers

Answer 1

Answer:

Enterprises are usually regarded as the start-up of a company. Although this is true, some nuances need to be taken into account.

Entrepreneurs — either as individuals or as a team — find their own personal and professional opportunities. They make hypotheses of ways in which they can give customers value and conduct structured testing to validate their ideas.

Explanation:

Curiosity:-

Successful entrepreneurs feel curious and can constantly search for new opportunities. Curious entrepreneurs ask questions and explore different avenues rather than settling for what they think they know.

Structured Experimentation:-

The Need for structured experimentation is in conjunction with curiosity. An entrepreneur must conduct tests to determine if each new opportunity arises.

Adaptability:-

The company is changing constantly. Entrepreneurship is an iterative process that presents itself at all times with new challenges and opportunities. For every scenario, it is almost impossible to prepare.

Team Building:-

A big businessman knows their weaknesses and strengths. They build well-rounded teams that complement their ability instead of letting weaknesses hold them back.

Risk Tolerance:-

Business is often linked to risk. Although it is true that starting a business requires a contractor to take risks, they also need to do something to minimize it.

Comfortable with Failure:-

Successful entrepreneurs prepare and comfortably confront failure. The possibility of success pushes them forward rather than allow fear to hold them back.

Persistence:-

Although many successful businessmen can comfortably fail, this does not mean that they can abandon quickly. Rather, they regard failures as learning and growing opportunities.

Related Questions

Davenport Inc. has a target capital structure of 35% debt, and 65% of common equity. The current price of the firm's 7% coupon, semiannual payment, non-callable bonds with 10 years remaining maturity is $1,100. New bonds would be privately placed with a flotation cost equally to 4% of the proceeds on a new issue of bond. The firm's cost of common equity is estimated to be 12%. The corporate tax rate is 40%.

Required:
a. What is the firm’s before-tax cost of debt financing?
b. What is the firm’s WACC?

Answers

Answer:

6.24%

9.11%

Explanation:

P = [ C x ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Where

F = Face value = $1,000

P = Price = Price x ( 1 - Floatation cost rate ) = $1,100 x ( 1 - 4% ) = $1,056

C = Coupon payment = Face value x Coupon rate x semiannual fraction = $1,000 x 7% x 6/12 = $35

n = numbers of periods = Numbers of years to maturity x coupon payment per year = 10 years x 2 periods per year = 20 periods

r = YTM x 6/12 = r/2

Placing values in the formula

$1,056 = [ $35 x ( 1 - ( 1 + r/2 )^-20 ) / r/2 ] + [ $1,000 / ( 1 + r/2 )^20 ]

r = 3.1194% x 2 = 6.23885% = 6.24%

Now use the following formula to calculate WACC

WACC = ( Cost of Equity x Wight of equity ) + ( After tax Cost of debt x Weight of debt )

WACC = ( 12% x 65% ) + ( 6.24% x ( 1 - 40% ) x 35% )

WACC = 7.80% + 1.31%

WACC = 9.11%

Explain how one driving force has facilitated change at Domino’s.

Answers

Answer:

. Executive Summary

This assignment has been written to demonstrate the analytical processes and strategies with a

lens of operation management & operations of Dominos India. We have applied theoretical

frameworks to evaluate the operational strategy with its product and services. This report

focuses on the daily operations of Dominos India’s Connaught Place unit specially, wherein

their staff and manager helped a lot to prepare this report. Team research, interviews and

insights from Dominos existing employees have been documented in this report.

Dominos India has been a leader in its market segment in India.

2. About Dominos India

On 26 March 1995 Domino's Pizza India Private Ltd operation began in 1996 with its’

first store in New Delhi. In January 2016, Domino's opened its 1000th outlet in New

Delhi. The company opened 53 new restaurants between January–March 2018 and

150 outlets in the in financial year 2017-2018 (works, 2016)

Domino's pizza is delivered to its customers with seasoning sachets.

A) Domino’s pizza is a well-established and known pizza brand over the last 57 years

They deliver pizza along with garlic bread and a combo deals with Coke as the

beverages partner.. They have more than 11000 corporate and franchise restaurant

stores in all over 70 countries. And India is the second biggest market for this US

based pizza company (source : Wikipedia). In India They were the first to bring in

the concept of 30 minutes delivery. This has become a benchmark now in India as

people say that Domino’s pizza reaches before police reaches at the spot. Along

with this its excellent customer service, frequent products introduction with variable

topping options as per the customer choice , many outlets close to your location,

soft spoken & trained staff and a peculiar taste have become a driving force for

them. Even though there are many players including Pizza hut, Papa John, Johnny

Rockets and local players, Dominoes is still number One In India.

B) Because of their exceptional operation strategy they have been performing very well

in this cluttered and competitive food market in India.

C) Mission Statement : Exceptional franchisees and team Exceptional franchisees and

team members to be the best pizza delivery company People first Initiativ

10 percent decrease in consumer incomes leads to a 20 percent decrease in the quantity demanded of good D. Instructions: Round your answer to one decimal place. If you are entering a negative number be sure to include a negative sign (-) in front of that number. The income elasticity of this good is: . This good can best be described as (Click to select) .

Answers

Answer:

Income elasticity = 2

Normal good

Explanation:

Below is the given values:

Percentage decrease in consumers income = 10%

Percentage decrease in quantity demanded = 20%

Use the below formula to find the income elasticity:

Income elasticity = % change in quantity demanded / % in income

Income elasticity = -20/-10

Income elasticity = 2

Since the elasticity is 2 that means good is normal good.

The latest video game comes out and costs $60. You put it on your credit card and can’t afford to pay the whole bill all at once, so you make the minimum payment each month. How much is that minimum payment?

Answers

The minimum payment each month is 15%. The minimum payment is the least amount of money you must pay each month to maintain the status of your account.

What is minimum payment?

The total balance on your account for that billing cycle is represented by the statement balance. The sum of your most recent bill plus any recent charges constitutes your current balance.

Although experts advise paying the statement balance in full each month, there are occasions when it might not be possible. In those circumstances, it's crucial to pay at least the required minimum in order to keep your account current and avoid late penalties and penalty APRs.

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Value a Constant Growth Stock Financial analysts forecast Best Buy Company (BBY) growth for the future to be 14.00 percent. Their recent dividend was $1.19. What is the value of their stock when the required rate of return is 15.43 percent

Answers

Answer:

$94.87

Explanation:

Value of stock = Dividend * (1 + Growth rate) / (Required rate - Growth rate)

Value of stock = $1.19 * (1 + 0.14) / (0.1543 - 0.14)

Value of stock = $1.19 * 1.14 / 0.0143

Value of stock = $1.3566 / 0.0143

Value of stock = 94.8671329

Value of stock = $94.87

In long-run equilibrium, all firms in the industry earn zero economic profit. Why is this true? All firms in perfectly competitive industries earn zero economic profit in the long run because A. barriers to entry and exit prevent firms from earning positive or negative economic profit. B. a positive profit would induce firms to produce more , increasing price and profit, and a negative profit would induce firms to produce less , decreasing price and profit. C. firms are price takers, maximizing profit by producing where price equals average cost . D. a positive profit would induce firms to enter, decreasing price and profit, and a negative profit would induce firms to exit, increasing price and profit. E. firms are price takers, maximizing profit by producing where price equals marginal cost.

Answers

Answer: D. a positive profit would induce firms to enter, decreasing price and profit, and a negative profit would induce firms to exit, increasing price and profit.

Explanation:

In the long run in a competitive market, companies will enter if they find that the market is making positive economic profits. This will increase the number of supplies in the market which would then lead a to a reduction in price and by extension a reduction in profit.

If the profit that firms begin to make after these new companies come into the market, falls below 0, then firms will leave the market so as not to make losses. This would reduce supply and lead to prices rising which would pull profits up as well till they are positive again then the first instance would repeat itself.

This goes on repeatedly and therefor keeps long run economic profit at 0.

Great American Oilchange (GAO) sells a combined oil change service and parts package for $30. A customer who supplies the parts (oil and filter) is charged $20 for only the service, whereas a customer who buys only the oil and filter for do-it-yourself use) is charged $20 for the parts. The parts cost GAO $14

Required:
Determine the dollar amount of revenue from the oil change service versus the sale of parts for each combined oil change package.

Answers

Answer:

Oil change Service $15

Sales of Parts $15

Explanation:

Calculation to Determine the dollar amount of revenue from the oil change service versus the sale of parts for each combined oil change packages

First step

Oil change service= $20

Selling price of parts = $20

Total $40

Second step is to calculate the Percentage of each activity in total Revenue

Oil change service = $20

Oil change service=20/40*100

Oil change service=50%

Sale of parts= $20

Sale of parts=20/40*100

Sale of parts=50%

Third step is to calculate the Allocated Transaction Price for both parts and service

Combine oil change service and part package = $30

Oil change service= $30 * 20/40

Oil change service=$15

Sale of parts = $30 * 20/40

Sale of parts= $15

Therefore the dollar amount of revenue from the oil change service versus the sale of parts for each combined oil change packages will be:

Oil change Service $15

Sales of Parts $15

Assume the following macroeconomic variable ( in $ billion) for an economy: Y = national income = Aggregate Expenditures Aggregate Expenditures = Consumption + Investment + Government Spending + Net Export Assuming that the full employment level in $6,000 billion, determine the change in government spending needed to reach full employment. (Hint: calculate the current GDP, then calculate aggregate expenditures using national income of $6,000 and find the difference)

Answers

Answer:

440

Explanation:

Calculation to determine the change in government spending needed to reach full employment.

At Y=6000,

C=300+0.64Y

C=300+0.64*6000

C=300+3840

C=4140

Second step

Imports=0.08*Y=0.08*6000

Imports=480

Aggregate expenditure=4140+800+700+400-480

Aggregate expenditure=5560

Full employment G=6000-5560

Full employment G=440

New G=700+440

New G=1140

Y=300+0.64Y+800+1140+400-0.08Y

Y=2640+0.56Y

Y=2640/0.44

Y=6000

Therefore the change in government spending needed to reach full employment must Increase by 440.

Activity-based costing is preferable in a system:

a. when multiple products have similar product volumes and costs
b. with a large direct labor cost as a percentage of the total product cost
c. with multiple, diverse products
d. where management needs to support an increase in sales price

Answers

Answer:

c. with multiple, diverse products

Explanation:

Activity based costing is a method that is used to share overhead and indirect costs among various products and services offered by a company.

So products that are produced in larger volume will receive more cost allocation.

The cost driver rate is used in this allocation and is calculated by dividing total pool cost by the cost driver.

So cost is allocated based on units of goods produced.

Examples of indirect cost shared are salaries and utilities.

Activity based costing is best for multiple diverse products. So that cost can effectively be allocated based on the amount of activity attributed to a particular product.

he company considers renovating its operations by purchasing a new machine that would reduce variable expenses by $7.20 per unit. However, fixed expenses would increase to a total of $544,320 each month. Using the new machine would not cause a change in monthly sales quantity or price per unit. What would the company's margin of safety in dollars be if it purchases and uses the new machine

Answers

Question Completion:

Morton Corporation

Income Statement for the most recent month

Sales revenue (42,000 units * $24 per unit) $1,008,000

Variable cost of goods sold 705,600

Contribution margin $302,400

Fixed expenses 241,920

Net operating income $60,480

Answer:

Morton Corporation

The company's margin of safety in dollars would be $100,800 if it purchases and uses the new machine.

Explanation:

a) Data and Calculations:

Morton Corporation

Income Statement for the most recent month

Sales revenue (42,000 units * $24 per unit) $1,008,000

Variable cost 705,600

Contribution margin $302,400

Fixed expenses 241,920

Net operating income $60,480

After the renovation of operations:

Variable cost of goods sold will reduce by $7.20 per unit

Variable cost per unit before renovation = $16.80 ($705,600/42,000)

New Variable cost per unit after renovation = $9.60 ($16.80 - $7.20)

New contribution margin per unit = $14.40 ($24 - $9.60)

Contribution margin ratio = 0.60 or 60%

New total fixed expenses = $544,320

Break-even point in sales dollars = Fixed expenses/Contribution margin ratio

= $544,320/0.60

= $907,200

Margin of safety = Sales revenue - Break-even Sales Dollars

= $100,800 ($1,008,000 - $907,200)

Managerial accounting systems report both monetary and nonmonetary information. Examples of nonmonetary information include: _________ a) employee diversity. b) percentage of on-time deliveries. c) employee satisfaction data. d) amount of sales per customer

Answers

Answer:

b) percentage of on-time deliveries.

Explanation:

Managerial accounting also known as cost accounting is an accounting technique focused on identification, measurement, analyzing, interpretation, and communication of financial information to managers for better decisions making and pursuit of the organization's goals.

Managerial accounting systems is an accounting system that is used by an organization to report both monetary and nonmonetary information. An example of a nonmonetary information is the percentage of on-time deliveries of the goods and services produced and supplied to consumers.

Janet and Megan are debating the use of student discounts by local stores near school. Janet argues, "When stores offer discounts to students with valid identification, it is price discrimination, because they are attempting to separate the market into two groups—each with different demands for that particular good." Megan responds with, "This is not a form of price discrimination, because there is no age restriction for students. Economists generally agree with :

a. Dina
b. Antonio

Answers

Answer:

Antonio

Explanation:

In simple words, Antonio has a lot of support among economists. Price discrimination occurs when a vendor is able to split clients into groupings or segregate a marketplace into two categories so that they may charge varying charges to that same two groups. It has hardly anything to deal with the customers' age.

Thus, Antonio is correct with his views.

Lisa is a homeowner looking to sell her house. She opts not to sign a listing agreement with a broker in order to save on the commission. However, she is still being assisted by her good friend Martha, who is a licensed FL broker. How would you characterize Martha's relationship with Lisa

Answers

Answer:

There is a no-brokerage relationship between Martha and Lisa since a listing agreement has not been signed and Martha is only offering assistance.

Explanation:

Brokerage relationship

This is commonly known as that tyoe of relationship that is usually contractual in nature and it exists between a client and a real estate licensee, the services of the broker has been engaged by the client for the purpose of getting a seller, buyer, tenant and willing to sell etc on client's behalf.

Authorized Brokerage Relationships

1. Single Agency

2. Transaction Broker

3. No Brokerage

4. Designated Sales Associate

No brokerage relationship

This is regarded as a form of a procedure or an arrangement where the broker does not represent either the buyer or the seller but the broker do works to help in the transaction process.

The duties of No brokerage relationship

The law states that a real estate broker working in a no brokerage relationship should always deal honest and fairly, and also disclose (open up) all known facts that materially affect the value of residential real property that are not readily seen or known to the buyer.

Roger is conducting an educational event and has asked a couple or providers

Answers

Answer:

Roger will require different equipment to conduct his educational event successfully.

Explanation:

Roger will require kiosks, banners, pamphlets and some ushers for his event. There should be reception or help desk placed at entrance to guide the attendees. There should be banners placed for different educational institutions who will be part of the event.

Burt is strategizing and planning an IMC marketing campaign for the company where he is employed as marketing specialist. If he is to execute an effective IMC campaign, which aspects should he consider

Answers

Answer:

Incorporate the manufacturing process steps of the service into your planning and design process. A further explanation is provided below.

Explanation:

Burt would have had to take into account the possible throughout the development process of the marketing campaign when trying to execute an integrated Communication IMC program.An essential component of conducting a successful IMC campaign requires determining the phase including its project lifecycle.

Thus the above is the right answer.

Question: MRP II did not replace or improve MRP. Rather, it expanded the scope of materials planning to include
capacity requirements planning, and to involve other functional areas of the organization.” Compare and
contrast MRP and MRP II.

Answers

Answer:

MRP and MRP II

MRP (materials requirement planning) and MRP II (materials requirement planning II) are information management systems for scheduling and billing materials required in production.

MRP is the first generation information system for materials planning, while MRP is a more advanced software that has added functional features.

MRP manages inventory, reduces cost, and optimizes production activities with increased efficiency. These benefits are also obtained with MRP II. In addition, MRP II offers Master Production Scheduling (MPS) that eliminates production bottlenecks. MRP II also features Purchasing Management to ensure steady flow of materials. Finally, MRP II incorporates capacity planning in order to meet customer demand.

Therefore, MRP II can be said to be more strategic and shows advanced features than MRP.

Explanation:

MRP and MRP II have both eased the tasks of production managers, enabling them to efficiently manage production materials. They have also made it easier for production managers to organize materials before the actual production takes place. However, the two materials requirement planning softwares can be integrated with Advanced Planning and Scheduling Software to increase production efficiencies.

XYZ Corporation manufactures two models of office chairs, a standard and a deluxe model. The overhead costs for setups and components pools are $60,000 and $58,900, respectively. The following activity has been compiled:
Number of Number of Number of
Setups Components Direct Labor Hours
Standard 11 6 295
Deluxe 29 13 205
Overhead costs $63,600 $102.600
Number of setups and number of components are identified as activity-cost drivers for overhead. Assuming an activity based costing system is used, what is the total amount of overhead costs assigned to the standard model?
A. $109,200
B. $57,000
C. $83,000
D. $83,100

Answers

Answer:

$49,890

Explanation:

The computation of the total amount of overhead costs assigned to the standard model is given below

The cost driver rate is

For setup

= $63,600 ÷ (11 + 29)

= 1,590

For component

= $102,600 ÷ (6 + 13)

= 5,400

Now the total amount of overhead for the standard model is

= 11 × 1,590 + 6 × 5,400

= $17,490 + $32,400

= $49,890

This is the answer but the same is not provided in the given options

Clannad currently produces and sells 4,000 units per year, and has a capacity of 5,000 units. Enya, Inc. has offered a one-year contract to supply parts at a cost of $30.00/unit. If Clannad accepts, it will reduce fixed costs by 50% and will be able to rent unused space to another company for $18,000 per year. What is the impact on Clannad's profits if it accepts the offer.

Answers

Answer: Increase of $20,000

Explanation:

The cost of making a unit is:

= Direct material + Direct labor + Variable overhead + Fixed overhead

= 10 + 14 + 5 + 3

= $32

For 4,000 units that would be:

= 4,000 * 32

= $128,000

Cost of buying 4,000 units :

= Cost of buying + Fixed cost

= (4,000 * 30) + (3 / 2 * 4,000)

= $126,000

This cost is further reduced by the renting of the unused space:

= 126,000 - 18,000

= $108,000

Impact on profit:

= Cost of making - Cost of buying

= 128,000 - 108,000

= $20,000

Increase of $20,000

The CEO said, "Around every six months, my upper management team and I meet to review the goals that will be achieved over the next year, five years, and beyond. We then make sure we are clear on who will take responsibility to see that appropriate actions are undertaken to achieve our goals within the time frame we set." The CEO is describing the management function of

Answers

Answer: Planning

Explanation:

From the information given, the CEO is describing the management function of planning.

Planning refers to the organization of activities which are required to achieve a particular goal. Planning is concerned with the determination of the missions and the resources which will be used in achieving a goal and working towards it's achievement.

Based on the question, the management is creating a detailed action plan that is aimed at an organizational goal.

Triathlon Cycles specializes in producing touring bicycles but has recently Activity Cost pool Mountain Bicycle Touring Bicycle Direct materials per unit $1,000 $2,200 Total direct labor cost $300 $700 Total manufacturing overhead $75,000 $180,000 Number of units 200 units 400 units1. What is the manufacturing overhead allocated to each mountain bicycle?2. What is the total manufacturing costs of one touring bicycle?

Answers

Answer:

$375 per mountain bicycle $3,350 per touring bicycle

Explanation:

1. Manufacturing overhead of each mountain bicycle:

= Total manufacturing overheads for mountain bicycles / Number of units

= 75,000 / 200

= $375 per mountain bicycle

2. Manufacturing costs of one touring bicycle

= Direct labor + Direct material + Manufacturing overhead per touring bicycle

= 700 + 2,200 + (180,000 / 400 units of touring bicycles)

= 700 + 2,200 + 450

= $3,350

When you were born, your dear old Aunt Minnie promised to deposit $1,000 into a savings account, bearing a 5% effective annual rate, on each birthday, beginning with your first. You have just turned 22 and want the dough. However, it turns out that dear old (forgetful) aunt Minnie made no deposits on your fifth and eleventh birthdays. How much is in the account right now?

Answers

Answer: $34,502.85

Explanation:

The constant deposits are considered annuities.

The value at the end of 22 years is the future value of the annuity.

Future value of annuity = Annuity * ( (1 + rate)^number of years - 1 ) / rate

= 1,000 * ( ( 1 + 5%) ²² - 1) / 5%

= $38,505.21

Then subtract the future values of the deposits that your grandmother missed.

For the fifth birthday, the future value term will be 22 - 5 = 17 years

For the eleventh, the future value term will be 22 - 11 = 11 years

The amount in the account is:

= 38,505.21 - (1,000 * 1.05¹⁷) + (1,000 * 1.05¹¹)

= $34,502.85

When Frank demonstrates his actual pizza tossing technique during the webisodes, he is attempting to connect with customers through which part of the 4E framework for digital marketing?

Answers

Answer: experience

Explanation:

Frank is attempting to connect with customers through the 4E framework for digital marketing known as experience.

The 4E Framework describes different training methods and the outcome that are expected outcomes for each of the training.

The strategies involved are exposure, expertise, experience, and embedding. Experience strategies enhances the readiness of the user to use a new information or an innovation. The goal of the experience strategy is the increased knowledge and positive attitudes.

Since demonstrates his actual pizza tossing technique during the webisodes, in this case he has the experience.

Number Style Which of the following sentences apply correct number style? Check all that apply.

a. We prefer that our interns have completed Finance 201 and an advanced professional communication course. He hopes to have at least $2 million in his retirement account by the time he turns 40. 57% of his take-home salary goes straight into his retirement account. Choose the best option to correct the following sentence.
b. She has scheduled the meeting for March eleventh two thousand 8 at eight in the morning. She has scheduled the meeting for March 11, 2008, at eight in the morning. She has scheduled the meeting for March eleventh, 2008 at eight in the morning. She has scheduled the meeting for March 11, 2008, at 8 a.m.
c. Which of the following sentences express correct number style? Check all that apply. John wasn't sure how to break the news without angering the majority of the company's 421 employees. The meeting was scheduled for three o?clock on Friday, February fifteenth. The average salary increase for Division 45 employees was 2.8 percent last year.
d. Which of the following choices has the correct number style to use at the beginning of a sentence? 3/4 of the respondents Three-fourths of the respondents.

Answers

Answer:

1. We prefer that our interns have completed Finance 201 and an advanced professional communication course.

• He hopes to have at least $2 million in his retirement account by the time he turns 40

b • She has scheduled the meeting for March 11, 2008, at 8 a.m.

c. The average salary increase for Division 45 employees was 2.8 percent last year.

d. Three-fourths of the respondents

Explanation:

It should be noted that the numbers from one to ten should be written in word form, while those from 11 and above can be written in figures.

The numbers such as percentages that starts a sentence needs to be written in words. Therefore, 57% should be written in words

Therefore, the correct options are:

• We prefer that our interns have completed Finance 201 and an advanced professional communication course.

• He hopes to have at least $2 million in his retirement account by the time he turns 40.

Other correct options to the question include:

b. She has scheduled the meeting for March 11, 2008, at 8 a.m.

For information that has to do with meetings, the numbers should be written in numerical form.

c. The average salary increase for Division 45 employees was 2.8 percent last year.

d. Three-fourths of the respondents

The number should be written in words since it begins the sentence.

Nungesser Corporation has an EPS of $1.96, a cash flow per share of $3.15, and a price/cash flow ratio of 7.76×. What is its P/E ratio?

Answers

Answer:

12.47

Explanation:

Given :

Earning per share, EPS = $1.96

Cashflow per share = $3.15

Price / Cash flow ratio = 7.76

The P/E ratio = share price / Earning per share

The Share price is given by :

Cashflow per share * price to cash flow ratio

Share price = $3.15 * 7.76 = $24.444

Now ;

P/E ratio = Share price / Earning per share = $24.444 / $1.96

P/E ratio = 12.4714

P/E ratio = 12.47

Maham Corporation's budget calls for the following production:
Quarter 1 = 22,500 units
Quarter 2 = 19,000 units
Quarter 3 = 17,000 units
Quarter 4 = 24,000 units
Each unit of product requires three pounds of direct material. The company's policy is to begin each quarter with 30% of that quarter's direct materials requirements. What would be the budgeted direct materials purchases in the second quarter?

Answers

Answer: 55,200 pounds

Explanation:

The required direct material for the second quarter is:

= 19,000 * 3

= 57,000 pounds

The Beginning inventory for the second quarter is 30% of what is required:

= 30% * 57,000

= 17,100

The ending inventory is 30% of the next quarter's requirement:

= 30% * (17,000 * 3)

= 15,300

Purchases for the second quarter = Direct materials required for production in Quarter 2 + Desired ending inventory for Quarter 2 - Beginning inventory for Quarter 2

= 57,000 + 15,300 - 17,100

= 55,200 pounds

Sal is very clear in defining for his subordinates the incentives available to them for different levels of performance. He makes sure they understand the path toward receiving incentives and follows through on rewarding them when they meet those goals. Sal exhibits the _______ theory of leadership.

Answers

Answer: d. path–goal

Explanation:

The Path-goal theory of leadership espouses that leaders should be dynamic and use whichever leadership style would be best suited to the abilities of their subordinates and the work environment that they are in.

It is then divided into four styles with the relevant style here being the "directive path-goal clarifying leader behavior". Under this style, the manager specifies exactly what it is that they want from the employees and then rewards them when they meet the required objectives.

The theory of leadership that Sal was exhibiting when he was defining some incentive that can make them perform well and explain the path to follow so as to receive the incentive when they achieve their goal is The path-goal theory.

The path-goal theory can be regarded as one that focus on leader's behavior which serves as contingent to the satisfaction that influence the motivation and performance of their employees.

Good example us where Sal promise her employee about incentive once they achieve their goals.

Therefore, The path-goal theory is correct.

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The Pension Trust Fund maintained by the city of Linden had the following transactions during 2019. Record each transaction in the Pension Trust Fund. Ignore any other funds that may be involved in a transaction.

a. Contributions of $600,000 were received from General Fund employees, and the General Fund contributed its share of $100,000.
b. The fund paid $500 for investment management fees.
c. Investments held by the fund increased in value by $3,500.
d. Depreciation on fund capital assets totaled $800.
e. Retirement benefits of $7,700 were paid to retirees.
f. Interest of $2,500 and dividends of $1,400 were received from investments