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Jobisdone [24]
3 years ago
15

One guide to choosing a leadership approach uses a series of questions. For example, "Is decision quality highly important?" or

"Is the problem structured and easily analyzed?". With the answers, the leader can choose how authoritarian or how democratic to be. This guide is ________.
Business
1 answer:
Sauron [17]3 years ago
5 0

Answer: Vroom and Yetton's normative decision model.

Explanation:

The Vroom–Yetton normative decision model is a situational leadership theory of industrial and organizational psychology that was developed by Victor Vroom, in collaboration with Phillip Yetton and later with Arthur Jago. The situational theory argues the best style of leadership is contingent to the situation.

Regarding decision making, the Vroom-Yetton model suggests that being autocratic, seeking advice, considering alternative approaches before a decision is made, informing a group on an issue, and letting that group develop the solution without forcing your own ideas are all important at times.

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A firm in the market for designer jeans has some degree of monopoly power. The demand curve it faces has a price elasticity of d
Andre45 [30]

Answer:

The firm's profit maximization price = $81.25

Explanation:

We are given:

Marginal cost MC = $65

Elasticity of demand ED = -5

Therefore, Using the rule of thumb pricing, we have the equation:

P = \frac{MC}{1+(1/ED)}

P = \frac{65}{1+(1/-5)}

P = \frac{65}{0.8}

P = $81.25

Therefore the firm's profit maximization price is $81.25

5 0
2 years ago
Read 2 more answers
In the Vasquez Corporation, any overapplied or underapplied manufacturing overhead is closed out to Cost of Goods Sold. Last yea
wolverine [178]

Answer:

Cost of Goods Sold, after adjustment for overapplied manufacturing overhead, for the year must have been $69,000.

Explanation:

From the question, we have:

Applied manufacturing overhead cost = $29,000

Actual manufacturing overhead cost = $27,000

Cost of Goods Manufactured for the year = $71,000

Overapplied manufacturing overhead = Applied manufacturing overhead cost - Actual manufacturing overhead cost = $29,000 - $27,000 = $2,000

Therefore, we have:

Cost of Goods Sold = Cost of Goods Manufactured for the year - Overapplied manufacturing overhead = $71,000 - $2,000 = $69,000

Therefore, Cost of Goods Sold, after adjustment for overapplied manufacturing overhead, for the year must have been $69,000.

8 0
2 years ago
Policies based on ABC analysis might include investing __________.A. extra care in forecasting for C items. B. more in supplier
Ilia_Sergeevich [38]

Answer:

Correct option is B

more in supplier development for A items.

Explanation:

In materials management, the ABC analysis is an inventory categorization technique. ABC analysis divides an inventory into three categories—"A items" with very tight control and accurate records, "B items" with less tightly controlled and good records, and "C items" with the simplest controls possible and minimal records.

The ABC analysis provides a mechanism for identifying items that will have a significant impact on overall inventory cost, while also providing a mechanism for identifying different categories of stock that will require different management and controls.

6 0
2 years ago
Iris was at fault in a car crash in which Phil was injured. As they waited for the EMT's to arrive, a plane, which was part of a
kvv77 [185]

Answer:

superseding cause

Explanation:

According to my research on different liability law suits, I can say that based on the information provided within the question Iris will not be liable for this second set of injuries because the plane crash was a superseding cause. This refers to an accident that happens after another (initial accident) has already occurred in which an injury has happened. In this type of situation the person who caused the initial accident is not responsible for the second accident or injuries caused by it.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
2 years ago
Pearl Co. both purchases and constructs various equipment it uses in its operations. The following items for two different types
Nonamiya [84]

Answer:

i. The total cost for Purchase equipment

Particulars                                               Amount

Cash paid for equipment, including      $130,200

sales tax of $6,200

Freight and insurance cost while            $2,480

in transit  

Cost of moving equipment into               $3,844

place at factory  

Wage cost for technicians to test             $4,960

equipment  

Special plumbing fixtures required for     $9,920

new equipment                                         <u>                </u>

Total Purchase cost                                  <u>$151,404</u>

<u />

ii.The total cost of construction price of equipment

Particulars                                                            Amount

Material and purchase part                               $245,520

Labor Cost                                                          $235,600

Overhead Cost                                                   $62,000

Cost of Installing equipment                             <u>$5,456     </u>

total cost of construction price of equipment  <u>$548,576</u>

<u />

<u>Workings</u>

Material and purchased parts = Gross cost - Cash discount on gross cost

=$248,000 - (1%*$248,000)

=$248,000 - $2480

=$245,520

3 0
2 years ago
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