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S_A_V [24]
2 years ago
8

According to the Uniform Partnership Act, the three key elements of any general partnership are

Business
1 answer:
Anon25 [30]2 years ago
4 0

Answer:

(2) Common ownership, shared profits and losses, and right to participate in managing the operations.

Explanation:

Partnership refers to a mutual agreement between 2 or more individuals agreeing to carry out a business and to share it's profits and losses in an agreed ratio or as per the clauses in partnership deed.

Uniform partnership act regulates partnership agreements in majority of United States. The act also allows remaining partners after dissolution to continue the partnership if majority of them desire to do so.

Under the act, Partnership is characterized by common ownership of assets and liabilities by all partners, sharing of partnership profits and losses and equal rights to participate in managing the operations of the partnership.

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You area a regional manager, and your CEO suggests you use a coaching style with your follower Julio, a junior employee. If you
DiKsa [7]

Answer:

The correct answer is To encourage Julio and listen to his needs but still direct decisions on the goals .

Explanation:

Decision analysis supports all managerial functions. Nothing a manager does is more important than the use of the best information available to make good decisions. The damage caused to an organization by a basically wrong decision cannot be avoided either by the most careful planning or by a basic implementation.

6 0
2 years ago
Which of the following is an example of a variable expense?
Irina-Kira [14]

Answer:

Credit card and bank fees. Hourly wages and direct labor. Shipping costs. Raw materials.

Explanation:

8 0
2 years ago
Colin wants to set up an aquarium.. He already has a tank, but needs to purchase fish, filters, and plants. If the cost of the f
irakobra [83]

Answer:

option D

$148.2

Explanation:

Given in the question,

cost of fish = $84.79

cost of filter on sale = $44.75

cost of plants = $18.66

Total cost = $84.79 + $44.75 + $18.66

                = $148.2

5 0
2 years ago
Read 2 more answers
Isn’t "corporate entrepreneurship" an oxymoron? Do the characteristics of an established organization, such as its routines and
pashok25 [27]

Answer:

Isn’t "corporate entrepreneurship" an oxymoron?

I guess that most people would believe that corporations and entrepreneurs and completely opposite, and for the most part they are right. But some corporations actually do have entrepreneurial spirit or at least try to. E.g. 3M is famous for allowing their employees some creative time so that they can come up with new ideas. Google is another example of a large corporation that allows for creative time while at work.

Do the characteristics of an established organization, such as its routines and structure, increase efficiency but at the same time kill any entrepreneurial spirit?

Routines, schedules and corporate structure not only kill, but they rather massacre and exterminate entrepreneurial spirit and creativity. One great example of how corporations do not allow people to think or act differently can be seen in the movie about Ford competing in Le Mans.

Is there any way that a company can have the best of both worlds?

I guess that it is difficult, but not impossible for a company to have corporate entrepreneurship. The problem is that corporations will probably believe that it is a waste of money to pay for their employees to do nothing and just wander around thinking about new ideas. Creativity has a cost and not everyone is willing to pay for it.

8 0
2 years ago
At the beginning of the current fiscal year, the balance sheet for Davis Co. showed liabilities of $256,000. During the year lia
Likurg_2 [28]

Answer:

$209,600

Explanation:

Calculation of the net income (or loss) for the year

Stockholders’ equity = Total Capital + Net Income - Dividend

Therefore the Net Income will be:

Using this formula

Net income= Stockholders’ equity + Dividend - Total Capital

Where,

Stockholders’ equity =$343,200

Dividend =$20,000

Total Capital =$153,600

Let plug in the formula

Net income= $343,200 + $20,000 - $153,600

Net income= $209,600

Therefore the net income (or loss) for the year will be $209,600

4 0
2 years ago
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