Answer:
B. The khaki pants
Explanation:
Opportunity cost is the benefits forfeited as a result of choosing one item or activity over the other. It the value of the next best alternative of choice made.
Opportunity costs arise because people have to make choices every day. Choosing an item over others implies sacrificing the benefits of the others. The value or cost of the sacrificed item represents the opportunity cost.
Khaki pants are the opportunity cost. Kyla is comfortable with either blue jeans or khaki pants. He does not like black jeans. His alternatives are khaki pants or Blue jeans. Choosing blue jeans implies forfeiting khaki pants. The khaki pants are the best alternative that was missed.
The opportunity cost of Kyla's decision to buy blue jeans is the khaki pants, which represents the next best alternative she did not choose.
Explanation:The opportunity cost represents the next best alternative that is forgone when a choice is made. In Kyla's case, she had three options - blue jeans, khaki pants, and black jeans - but decided against buying the black jeans.
Therefore, when she chose the blue jeans, her opportunity cost were the khaki pants, which is the other option she could have selected. This is because the opportunity cost is not about all other options, but the next best viable alternative. Considering that she didn't want the black jeans at all, the khaki pants represent her missed opportunity, hence becoming the opportunity cost.
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Which represents the hierarchical structure of a Google Analytics account from top to bottom?
Answer: Account > Property> View.
Explanation:
Account: It is the access point for analytics, an organization can own more than one analytic account. In order to be able to access analytics and identify the property to be traced, at least an account is required.
Property: A property could be a website, device or a mobile application. An account could have more than one property, when a property is added to an account a tracking code is generated by analytics, this code can be used to receive data from that property. The tracking code has a unique identity, this identity helps to trace the data to that property.
View: It is the access point for reports. Before a user can view a report, there must be access which will be based on that view's data. Analytics creates the first view for a property when it is added to an account.
Management is obligated to monitor new external developments, evaluate the company's progress, and make corrective adjustments in order to?
Answer:
Management is obligated to monitor new external developments, evaluate the company's progress, and make corrective adjustments in order to make decisions as to whether to alter or continue the strategic vision of the organization, strategy, objectives or execution methods.
Explanation:
____________ involves planning the selling program and implementing and evaluating the personal selling effort of the firm. The tasks involved in managing personal selling include setting objectives; organizing the salesforce; recruiting; selecting; training and compensating salespeople; and evaluating the performance of individual people.
Answer: Sales management
Explanation:
The sales management is basically refers to the sales technique in which the various types of practical applications are developed in an organization for management of the sales operation.
By using the sales management technique we can easily implement various types of sales technique for coordinating the sales operation.
It basically involve various types of selling program and also helps in evaluating the products for the purpose of personal selling. It also helps in organize the sales force in an organization.
Therefore, Sales management is correct answer.
The described process involves business strategies for planning, implementing, and evaluating a company's personal selling efforts, which includes salesforce management, training, and performance evaluation.
Explanation:The process being described involves planning the selling program and implementing and evaluating the personal selling effort of the firm, which falls under the scope of business, specifically sales and marketing. Crucial tasks in managing personal selling include establishing objectives for sales teams, structuring the sales force, recruiting, selecting, and training salespeople, determining compensation schemes, and critically assessing sales performance.
Part of the process also includes creating systems to identify training and development needs, as well as developing employee selection systems that ensure candidates are well-matched with job requirements. This extends to designing and running training programs, evaluating their effectiveness, and being involved in the overall strategic planning of marketing campaigns. Such elaborate planning of personal selling is essential for the effective deployment of sales strategies, ensuring a well-prepared sales force, and the achievement of organizational sales targets.
Anna Jonas owns a manufacturing firm in Indonesia and strongly believes that it is important that workers' rights be respected. However, because of the recent economic meltdown, she makes the management pay workers a wage which is below ethical standards. In addition, the working conditions are below standards because of low investment in safety equipment. She knows her actions are unethical but continues to do so to avoid major losses. Jonas is most likely to be experiencing ________.A) cognitive dissonance
B) emotional contagion
C) ethical evasion
D) self-concordance
E) positivity offset
Answer: cognitive dissonance
Explanation: Cognitive dissonance takes place in the fields of psychology when an individual holds two or more irrational beliefs, concepts, or principles, or takes part in a motion that runs counter to any of these three and thereby perspectives mental stress.
Inconvenience is caused by an individual's belief that conflicts with new interpreted proof (statistics) in which they attempt to take steps to address the inconsistency in order to minimize their distress.
In simple words, The concept behind cognitive dissonance shows that people find psychological continuity regarding their life span and the earth's objective reality.
Dollar bills in the modern economy serve as money becauseA.they have value as a commodity independent of their use as money.B.they are backed by the gold stored in Fort Knox.C.people have confidence that others will accept them as money.D.they can be redeemed for gold by the Federal Reserve.
Answer: The answer is C.people have confidence that others will accept them as money.
Explanation:
Dollar bills in the modern economy serve as money because C.people have confidence that others will accept them as money.
What is Dollar bills?Dollar bills serves as a term that describes the use of Dollar currency to pay bills even out of the country that use dollar as the local currency.
Therefore, in the modern economy people respect the dollar currency abd use it as datum.
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Identify the inventory costing method best described by each of the following sepatate statements. Assume a period of increasing costs.
1. Yields a balance sheet inventory amount often markedly less than its replacement cost.
2. Results in a balance sheet inventory amount approximating replacement cost.
3. Provides a tax advantage (deferral) to a corporation when costs are rising.
4. Recognizes (mulches) recent costs against net sales.
5. The preferred method when each unit of product has unique features that markedly effect cost.
Answer:
1. Yields a balance sheet inventory amount often markedly less than its replacement cost. LIFO
2. Results in a balance sheet inventory amount approximating replacement cost. FIFO
3. Provides a tax advantage (deferral) to a corporation when costs are rising. LIFO
4. Recognizes (mulches) recent costs against net sales. LIFO
5. The preferred method when each unit of product has unique features that markedly effect cost. WEIGHTED AVERAGE
Explanation:
1. LIFO yields a balance sheet inventory amount often markedly less than its replacement cost. The reason is because the in a period of rising costs, since the last stock of goods bought are sold first, this will result in the remaining stock of goods to be of lower costs as they had been bought at an earlier date at a cheaper rate.
2. FIFO results in a balance sheet inventory amount approximating replacement cost because the first set of goods purchased are sold first; and if the assumption holds that costs are rising with time, then the balance stock of goods would have been bought at a later date at a higher cost, hence the value of the balance (ending) inventory will be almost equal to its replacement cost.
3. LIFO provides a tax advantage (deferral) to a corporation when costs are rising because it results in a lower ending inventory value since the more expensive inventory has been sold. Hence, the closing stock and Net income will be low and income tax will be low.
4. LIFO matches recent costs against net sales because the 'cost of sales' are made up of the recent purchases which are sold first
5. The preferred method when each unit of product has unique features that markedly effect cost is the WEIGHTED AVERAGE because it calculates the average period cost of all goods in stock and apportions the total to individual items.
Whenever Claudia helps Dr. Stevens with his records, he manages to brush against her chest. She has spoken to her manager about this, requesting help to stop this behavior, but nothing is being done. For Claudia, this may constitute an example of what type of sexual harassment?
Answer:
This is an example of a Hostile Work Environment.
Explanation:
Sexual harassment is commonly defined as advances of a sexual nature that are unwanted. They may include remarks of a sexual nature, sexual demands etc. It is also a form of discrimination that breaches Title VII of The Civil Rights Act of 1964.
The Equal Employment Opportunity Commission (EEOC) classifies harassment of a sexual nature into two(2) namely;
i) Quid Pro Quo
ii) Hostile Work Environment.
Quid Pro Quo; Is Latin for something for something. This involves out-rightly expressed or suggestive demands for sexual favors in exchange for some sort of benefit.
Hostile Work Environment; This occurs when a co-worker makes repeated sexual comments or advances which in turn creates a toxic work environment.
For Claudia, this is a perfect example of a Hostile Work Environment.
In decision-making, ______ bias refers to the tendency to notice information that agrees with what we know.
Answer: confirmation bias
Explanation: Confirmation bias refers to the tendency to find, perceive, support, and remember data in a way that asserts somebody's previous beliefs and analysis.
It is a form of cognitive dissonance and a deliberate intuitive rationale mistake. Individual show this prejudice while storing or mistakenly recalling data or presenting it in a biased manner.
Confirmation biases lead to stubbornness in personal convictions and, throughout the presence of contradictory evidence, may sustain or reinforce beliefs. Wrong decisions were observed in national and institutional settings due to these prejudices.
XYZ Company produces a significant daily amount of electronic waste. The company disposes the waste into the ocean despite strict government regulations regarding waste disposal. This scenario illustrates that XYZ Company has failed to fulfill its _____.
Answer:
Legal responsibility
Explanation:
Since there have been regulations put in place by the government, it is thereforre a legally binding agreement between XYZ company and any other companies that does same as XYZ company.
The failure of XYZ company to honour the set regulations is a breach in its legal responsibilty alongside its corporate social responsibilty as well and it can be taken up by the government by either charging the XYZ company to court or revoking their operating license.
Cheers.
A licensee using a franchise trade name, or advertising as a member of a cooperative group, must clearly and unmistakably indicate in the advertisement adjacent to any specific properties advertised for sale or lease in any media: -the licensee's name -broker or firm name and:_________
Answer:
The correct answer is: firm telephone number.
Explanation:
Whenever a licensee uses a broker or firm to grant his or her operations, details of that broker or firm (name and local phone number) must be publicly provided so, in front of misleading practices or hesitation about the licensee, investors can reach the franchise to find out more information on this person or even file claims when suitable.
Fiona installed a new pool for $9940 using a 12 month deferred payment plan with an interest rate of 22.53%. What is the balance after the deferment period A payment of $397 are each month?
A. $7,761.84B. $9,940.00C. $5,176.00D. $12,425.84
Answer:
A. $7,761.84
Explanation:
Balance after deferment period before any payment made.
A = P(1 + r)^t
A = $9940*(1 + 0.2253)^(12/12)
A = $12179.5
Final balance after monthly payment.
A_f = $12179.5 - (12*397)
A_f = $7415.5
Therefore, The balance after the deferment period A payment of $397 are each month is $7,761.84.
Suppose there are only two firms in an economy: Cowhide, Inc. produces leather and sells it to Couches, Inc., which produces and sells leather furniture. With each $1,000 worth of leather that it buys from Cowhide, Inc., Couches, Inc. produces a couch and sells it for $2,600. Neither firm had any inventory at the beginning of 2015. During that year, Cowhide produced enough leather for 25 couches. Couches, Inc. bought 80% of that leather for $20,000 and promised to buy the remaining 20% for $5,000 in 2016. Couches, Inc. produced 20 couches during 2015 and sold each one during that year for $2,600. What was the economy's GDP for 2015?
a. $25,000
b. $52,000
c. $57,000
d. $65,000
Answer:
C) $57,000
Explanation:
The gross domestic product is the total production of final and legal goods and services in an economy.
total production of final goods = (20 couches x $2,600 per couch) + (5 leather sets x $1,000 per set) = $52,000 + $5,000 = $57,000
the leather sets are considered final products since they are part of the ending inventory of Cowhide, Inc.
Cardinal Industries purchased a generator that cost $11,000. It has an estimated life of five years and a residual value of $1,000. It is estimated that it will be good for 5,000 hours. Compute the depreciation expense for the first year using the units-of-activity method of depreciation assuming the generator was used for 1,040 hours.
Answer:
2080 dollars
Explanation:
Given that Cardinal Industries purchased a generator that cost $11,000
cost of generator = 11000
Estimated life = 5 years
Residual value =1000
Hours =5000
Depreciation per unit hour = (Cost - residual value)/total lifetime hours
=[tex]\frac{11000-1000}{5000} \\=2[/tex]
For first year the generator was used for 1,040 hours.
Hence depreciation to be charged in I year
= [tex]1040(2)\\=2080[/tex]
answer is 2080 dollars.
In assigning missions, the commander must consider that national honor and prestige may be as important to a contributing nation as combat capability. All partners must be included in the _____ and their opinions must be sought in mission assignment.
Answer:
planning process
Explanation:
Partners must be included in the planning process and their opinions must be sought in mission assignment. It is improper for the opinions of other contributing nations to be neglected during the planning process of a mission. As stated in the question, the commander must consider that national honor and prestige may be as important to a contributing nation as combat capability.
Because of a recent job promotion, Jo-Anne needed to find a place to live in the city quickly. She agreed to purchase via phone a 2,000 sq. ft. apartment located a few blocks from her new office. Jo-Anne wired the owner a payment of $500,000 against the $3.7 million negotiated price of the apartment. Without waiting for further word from the owner, Jo-Anne moved into the apartment and redecorated the entire interior, at a cost of $350,000. After living in the apartment for two months, Jo-Anne wired another $500,000 payment to the owner, who called immediately after receiving the payment and said the deal was off. Can Jo-Anne keep the apartment?
Answer:
Of course Jo-Anne Roberts can keep the apartment.
Explanation:
Jo-Anne and the previous owner of the apartment had a valid contract by which Jo-Anne was to pay $3.7 million for the apartment. She has already partially completed her performance on the contract, so the seller must perform his part of the contract.
Banks subject to reserve requirements set by the Federal Reserve System include:
a. only banks with assets less than $500 million.
b. all banks whether or not they are members of the Federal Reserve System.
c. only nationally chartered banks.
d. only banks with assets less than $100 million.
Answer:
b. all banks whether or not they are members of the Federal Reserve System.
Explanation:
Banks subject to reserve requirements set by the Federal Reserve System includes all banks from commercial banks to savings banks, to savings and loans banks, credit agencies and also all foreign banks with branches in the United States.
An individual bank will lose reserves to another bank when a check is written and deposited at the second bank.A) True B) False
Answer:
False
Explanation:
As our government gave the right to banks to question any queries regarding another bank details if the transaction is being processed. All the information that are needed from the bank to withdraw the money and deposit the money should be given to analyse whether the person will return the fund on given time. It is useful in getting suitable knowledge about that person and banks can also communicate about the coming problems and what pros and cons they might be facing in coming years so that they can be warned.
a _____ savings account pays interest and allows for a regular deposits and withdrawals
Answer:
Regular savings account
Explanation:
One requires to commit small amounts of income each month on a regular savings account.
In exchange for providing your savings provider a fixed level of income every month, they normally pay you a higher rate of return than, for instance, if you invest a lump sum in a cash ISA or easy access account.
However, the best regular savings rates also exceed the prices on the longer fixed-rate offers offered.
This type of account has rigorous terms of service that may cause you to lose your competitive rate if you fail to adhere to them.
According to the level of authority delegated to the agent, the usual real estate agency is a(n)____________.
Answer:
limited agency
Explanation:
According to the level of authority delegated to the agent, the usual real estate agency is a(n) limited agency.
in limited agency the one person called agent perform legal activities like sign contract on behalf of other person called principal
Final answer:
According to the level of authority delegated to the agent, the usual real estate agency is a(n) general agency.
Explanation:
According to the level of authority delegated to the agent, the usual real estate agency is a general agency. In a general agency, agents have the authority to perform a range of acts necessary to manage a certain business of the principal.
Real estate agents often operate under a mix of salary and commission, meaning they are compensated for their services through a fixed salary and a variable component based on the sales they facilitate. This structure aligns with the agents' duties to act in the best interests of their principals, whether that involves advocating for the property's sale, negotiating prices, or finalizing contracts on behalf of the principal.
Paul sues Dan for "aesthetic pollution." The basis for his suit is Dan's habit of wearing clothes Paul considers ugly. Paul's complaint offers details of Dan's "ugly" clothing in many separate, numbered paragraphs. However, no law requires one to pay damages for wearing clothes that another considers ugly and for causing aesthetic dissatisfaction to some other party. Thus, Dan wants to defeat Paul's claim as fast as possible. The best procedural device for doing so is the:________ A. Motion to dismiss. B. Motion for summary judgment. C. Motion for judgment notwithstanding the verdict. D. Motion for a directed verdict.
Answer:
A. Motion to dismiss
Explanation:
A motion is a way of asking some decision from the court. For an order or other event, the group must "pass" the court. Practice of motion is a significant part of the proceedings.
A party may seek to dismiss the case for a variety of reasons, including failure of jurisdiction in the subject matter, lack of personal jurisdiction, inadequate location, insufficient proceedings, failure to state a claim for which relief may be granted, and failure to join the party concerned.
In this case it is for failure to state a claim upon which relief can be granted (or demurrer).
Switzer, Inc. has 8 computers which have been part of the inventory for over two years. Each computer cost $600 and originally retailed for $900. At the statement date, each computer has a current replacement cost of $400. How much loss should Switzer, Inc., record for the year?
Answer:
Loss on the computers will be $1600
Explanation:
We have given number of computers = 8
After two year each computer has a cost of $600 and originally retailed for $900
And current replacement price = $400
We have to find the loss
Now cost of 8 computers = 8×600 = $4800
Replacement cost of 8 computers = 8×$400 = $3200
So loss will be equal to = $4800 - $3200 = $1600
So loss on the computers will be $1600
Gonzales Company has developed an integrated system that coordinates the flow of all goods, services, and information into and out of the organization, working with raw material vendors as well as customers to improve service and reduce costs. The firm is said to be using
The Options are :
a) participative management.
b) top-down management.
c) strategic cost management.
d) supply chain management.
e) management by objectives (MBO).
Answer : D - supply chain management.
Explanation:
Supply chain management means managing the flow of goods and services with the intention of maximizing customer value as well as competitive advantage in the marketplace.
Given the market for illegal drugs, when thegovernment is successful in reducing the flow ofdrugs into the United States,
A. demand decreases, supply is unaffected, and price decreases.B. supply decreases, demand is unaffected, and price increases.C. demand and supply both decrease, leaving price essentially unchanged.D. supply decreases, demand increases, and price increases substantially.
Answer:
b
Explanation:
"Forcing insureds to sue the insurer to collect on a claim by offering substantially less than the amount eventually recovered is a violation of the:"_________.
Answer:
Unfair Claims Settlement Practices Act
Explanation:
Here fundamentally, the act which will be acted on the given sentence is generally known as Unfair Claims Settlement Practices Act. Unfair claims practice is the inappropriate restraint of a request by an insurer or an endeavor to diminish the intensity of the claim. By interlacing in unfair claims practices, an insurer strives to diminish its values. Nevertheless, this is unlawful in various jurisdictions. Additionally, most maximum states possess formulated a version of this type of rule. Denominated essentially the Unfair Claims Settlement Practices Act, it defends safeguard consumers from the unfair manner by insurers in the appeals settlement method.
In terms of maintaining credibility, the most important quality to convey when delivering bad news is_______________.
Answer:
Truthfulness
Explanation:
A credible news organization is an organization that conveys truthful, verified information, ideally without biases. For example, Reuters is one of the most credible organizations because they do not editorialize information: they simply convey it as it is.
Negative news should not be used to promote hidden agendas against something or someone, because if the agenda is discovered, the credibility of the news organization will take a hit.
Following are the merchandising transactions for Dollar Store.
Nov.
1 Dollar Store purchases merchandise for $1,500 on terms of 2/5, n/30, FOB
shipping point, invoice dated November 1.
5 Dollar Store pays cash for the November 1 purchase.
7 Dollar Store discovers and returns $200 of defective merchandise purchased
on November 1, and paid for on November 5, for a cash refund.
10 Dollar Store pays $75 cash for transportation costs for the November 1
purchase.
13 Dollar Store sells merchandise for $1,620 with terms n/30. The cost of the
merchandise is $810.
16 Merchandise is returned to the Dollar Store from the November 13
transaction. The returned items are priced at $300 and cost $150; the items
were not damaged and were returned to inventory.
Journalize the above merchandising transactions for the Dollar Store assuming it uses a perpetual inventory system and the gross method.
Answer:
Journal entry are as follows:
Nov 1
Dr Inventory $1,500
CR Accounts payable $1,500
Nov 5
Dr Accounts payable $1,500
Cr Cash $1,470
Cr Purchase discount $30
Nov 7
Dr Cash $196
Dr Purchase discount $4
Cr Inventory $200
Nov 10
Dr Freight-in $75
Cr Cash $75
Nov 13
Dr Accounts receivable $1,620
Cr Sales $1,620
Dr Cost of Sales $810
Cr Inventory $810
Nov 16
Dr Sales returns and allowances $300
Cr Accounts Receivable $300
Dr Inventory $150
Cr Cost of sales $150
Explanation:
*Using gross method of perpetual inventory, all purchases and sales are recorded at gross amount and discounts are only recorded when availed.
*Purchase returns made after payment or settlement must also be reverted and deducted to cash amount received.
*During sales, there will be two entries. 1 is to record the sales and accounts receivable and 2 is to record cost of good sold and deduction to inventory.
Final answer:
The merchandising transactions for Dollar Store are journalized for a perpetual inventory system using the gross method, detailing purchases, sales, returns, discounts, and transportation costs.
Explanation:
To journalize the given merchandising transactions for the Dollar Store under a perpetual inventory system using the gross method, follow these entries:
November 1: Purchased merchandise (Inventory) $1,500 on account with terms 2/5, n/30. Since payment is made within the discount period, a discount of $30 (2% of $1,500) can be claimed.
Dr. Inventory $1,500
Cr. Accounts Payable $1,500November 5: Paid cash for November 1 purchase, less return and discount.
Dr. Accounts Payable $1,470 ($1,500 - $30 discount)
Cr. Cash $1,470November 7: Returned defective merchandise for a cash refund.
Dr. Cash $200
Cr. Inventory $200November 10: Paid cash for transportation costs.
Dr. Inventory $75
Cr. Cash $75November 13: Sold merchandise on account.
Dr. Accounts Receivable $1,620
Cr. Sales $1,620
Dr. Cost of Goods Sold $810
Cr. Inventory $810November 16: Accepted return of merchandise from customer.
Dr. Sales Returns and Allowances $300
Cr. Accounts Receivable $300
Dr. Inventory $150
Cr. Cost of Goods Sold $150
This series of entries accurately reflects the transactions, capturing both the sales and inventory aspects of the operations, applying the correct discounts, returns, and additional costs, such as transportation.
Ortiz is a manager of BRS Corp. Ortiz's division did not meet financial targets this year. Ramirez, manager of another division, has indicated that Ortiz's division incurred significant costs which resulted in Ramirez's division setting record profits for the year. As a result, performance for BRS as a whole exceeded projections. Which of the following pairings of organizational structures for BRS and bonus for Ortiz is most plausible?A. Cooperative structure; no bonus due to failure to meet divisional targetB. Competitive structure; no bonus due to failure to meet divisional targetC. Cooperative structure; a bonus for increasing organizational performanceD. Competitive structure; a bonus for increasing organizational performance
Answer:
C) Cooperative structure; a bonus for increasing organizational performance
Explanation:
Since apparently Ortiz's bad performance actually helped Ramirez and the whole organizational to exceed expected profits, then he should also receive a bonus for his participation in increasing the company's profits.
I'm not sure how this can happen, maybe the company operates two supermarkets and since Ortiz's supermarket operated really badly, then Ramirez's supermarket exceeded expected sales.
Which of these is a measure of risk to reward earned by an investment over a specific period of time?
A. Coefficient of variation
B. Market deviation
C. Standard deviation
D. Total variation
Answer:
The correct answer is A. Coefficient of variation.
Explanation:
Coefficient of variation is the risk of an asset or portfolio per unit of return.
Coefficient of variation = Standard deviation/ Return
Lower the coefficient, better it is.
If portfolio have same return but different risk or same risk but different return then inventor will prefer portfolio with
higest return at a given level of risk orLowest risk at given level of returnIf portfolio have different returns with different risks, then protfolio with lower coefficient of variation is preferred.
The Coefficient of variation is the measure that best represents the risk to reward ratio for an investment over a specific time period.
Explanation:Among the options provided, the measure risk to reward earned by an investment over a specific period of time is best represented by the Coefficient of variation (Option A). The coefficient of variation is calculated by dividing the standard deviation of the investment's returns by the mean (expected value) of those returns.
This statistic provides information on the degree of variability in relation to the average return, thus reflecting risk in comparison to the potential reward. Option B, Market deviation, is not a commonly used term in this context. Option C, Standard deviation, measures the variability of returns, but does not directly relate it to the reward. Lastly, Option D, Total variation, is a broad term, and not one that specifically measures risk to reward ratio.
A holder of Rainbow Funds convertible bonds with a $1,000 par and a $1,100 price can convert the bond to 25 shares of common stock. The stock is currently priced at $36 per share. By what percent does the stock price have to rise to make conversion potentially attractive?
Answer:
22.22%
Explanation:
Currently Rainbow's stocks are priced at $36 per stock.
If the holder can convert his $1,100 bond into 25 stocks, that means that each stock should be worth at least $44 (= $1,100 / 25).
So the current stock price should increase by $8 (= $44 - $36) in order for a trade to be attractive, $8 represents a 22.22% increase (= ($8 / $36) x 100)
Tom is managing a project team responsible for erecting a new office building. He notices that team members are trying out different behaviors to see what is acceptable to the project and personal relations.
Which stage of development is the team in?
A. Norming
B. Storming
C. Performing
D. Adjourning
E. Forming
Answer:
E. Forming
Explanation:
It was Bruce Tuckman who formulated model of team stage as Forming, Storming, Norming, and Performing. During Forming stage, team members struggle to establish basic rules and explore the sort of behaviors that are acceptable. The team also tries to find out performance expectations. From stranger to a collective group, the team tries to recognize each other. In case of Tom's project team, members show different behaviors in order to establish personal relations.
Answer:
forming
Explanation:
it is the initial step that need to be execute to have good formation of business team. it is the stage in which every individual contact to each other to know about their expectation, their way of taking challenges.
it is that key step that only who mark the footpath for successful organisation. it can also refer as information gathering stage where all information that is needed to pull organisation to the next level is collected