It is True that the core traits such as drive, honesty, and self-confidence are considered to be preconditions that endow people with leadership potential. These traits are often seen as the foundation upon which other leadership skills and abilities are built.
Drive is one of the most important traits of a leader. It is the motivation and passion that drives a person to achieve their goals. A leader with drive is someone who is self-motivated and can motivate others to work towards a common goal.
Without drive, a leader may lack the energy and enthusiasm necessary to lead effectively. Honesty is another essential trait of a leader. Honesty means being truthful and transparent in all communication, actions, and decisions.
It is essential for building trust with team members and stakeholders. Leaders who are honest are more likely to have the support of their team members and gain respect from others. Self-confidence is also a critical trait of a leader.
Self-confident leaders have a positive attitude towards their abilities and are not afraid to take risks or make difficult decisions. They have a strong belief in themselves and their ability to lead others.
This trait is essential for a leader to inspire and motivate others to achieve their goals. Overall, the core traits of drive, honesty, and self-confidence are critical preconditions that endow people with leadership potential.
However, these traits alone may not guarantee effective leadership. Other skills and abilities such as communication, decision-making, and problem-solving are also essential for effective leadership.
For more question on "Leadership Potential" :
https://brainly.com/question/25996547
#SPJ11
True. The core traits such as drive, honesty, and self-confidence are considered to be preconditions that endow people with leadership potential.
These traits are often seen as innate qualities that some people possess more than others, which may give them an advantage when it comes to leadership positions.
Drive is an essential quality for leaders because it refers to the motivation and persistence to achieve goals, even in the face of challenges or setbacks. Honesty is another critical trait because it promotes trust and credibility, which are essential for effective leadership. Leaders who are honest and transparent with their employees tend to be more respected and trusted, which can lead to better relationships and more effective communication.
Self-confidence is also a core trait that is associated with leadership potential. Leaders who are self-confident tend to have a clear sense of their own abilities and are willing to take risks and make difficult decisions. Self-confidence can also inspire confidence in others and can be a valuable tool for motivating employees.
However, while these traits may be preconditions for leadership potential, they do not guarantee effective leadership. Other factors such as experience, knowledge, and interpersonal skills are also essential for effective leadership. Moreover, leadership potential is not limited to those who possess these core traits. People can develop and improve their leadership skills through training, experience, and self-reflection.
Learn more about leadership potential here:
https://brainly.com/question/31806283
#SPJ11
Which of the following is intended to pay for medical costs, funeral expenses, lost wages, punitive damages, car rentals, repairs, and compensation for pain and suffering for people in the other car involved in an accident
Liability is what is intended to pay for medical costs, funeral expenses, lost wages, punitive damages, car rentals, repairs, and compensation for pain and suffering for people in the other car involved in an accident.
What is liability?This is the term that is used to refer to the fact that a person is responsible for certain payments.
A person is liable when there actions may have led to an adverse effect to someone else. In this case they have to take care of the expenses for the party involved.
An example is an accident that may have occured due to the carelessness of a driver. The driver is going to be liable for the costs and the treatment of the people involved.
Read more on liability here:
https://brainly.com/question/14921529
#SPJ1
This genre of theatre grew out of existentialism as a philosophical viewpoint. It begins with the assumption that the world is irrational. Such writers as Samuel Beckett and Eugene Ionesco show the irrationality of the human experience without suggesting remedies.
Tenet of Existentialism is to believe that there is little meaning to existence God does not exist humanity is therefore alone in an irrational universe only significant action an individual can take is to accept responsibility for his or her own deeds.
Who was Samuel Beckett?The most well-known absurdist playwrights primarily focus on the futility of human action, the monotony of routine, and the difficulty of humans to communicate. Irish, born on Good Friday and Friday the 13th, and author of Waiting for Godot.Who was Eugene Lonesco?one of the most prolific absurdist playwrights, born in Romania but raised in Paris, who frequently turned his characters into caricatures, drove dramatic action to the absurd, and worried about the futility of communication.What is Existentialism?Existentialism is a school of philosophical thought that focuses on the individual experience of thinking, feeling, and acting while exploring the issue of human existence. An existentialist's starting point, for instance, has been referred to as "the existential angst," which is a feeling of dread, disorientation, perplexity, or anxiety in the face of what seems to be an absurd or pointless reality. The meaning, purpose, and value of human existence are topics that existentialist thinkers commonly investigate. Existentialism is linked with a number of 19th and 20th century European thinkers who, despite frequently having quite different philosophical perspectives, placed a strong emphasis on the human condition.Know more about Samuel Beckett and Eugene Lonesco with the help of the given link:
https://brainly.com/question/13246045
#SPJ4
When the demand for a good or service limits the quantity that can be sold to an output at which the firm experiences economies of scale, true or false?.
When the demand for a good or service limits the quantity that can be sold to an output at which the firm experiences economies of scale, the firm is a natural monopoly.
What is economies of scale?This refers to those benefit an organization gains as a result of expansion of the production output.
Economies of scale are the cost advantages that companies obtain due to size output or scale of operation. The cost per unit of output generally decreases when the scale increases because fixed costs are spread out over more units of output.
Economies of scale apply to a variety of organizational and business situations and at various levels, such as a business or manufacturing unit, plant or an entire enterprise.
Learn more about economies of scale here: https://brainly.com/question/972118
#SPJ1
What are the characteristics of a high-performance work system approach to hrm?
The characteristics of a high-performance work system approach to HRM are-
Focuses on collective levels of human and social capitalEnhances the performance of all employees systematicallyImproves employee motivation and opportunitiesAmong the trends that are occurring in today's high-performance work systems are reliance on knowledge workers, empowerment of employees to make decisions, and the use of teamwork.
A high-performance work system is a bundle of HRM practices designed to promote employees' skills, motivation and involvement to enable a firm to gain a sustainable competitive advantage (Datta et al., 2005; Guthrie, 2001; Huselid, 1995), which includes employment security, extensive training, teams and decentralized
The phrase 'high-performance human resources' (HPHR) is generally taken to refer to human resource management (HRM) practices that have positive effects on the performance of an enterprise, typically a business enterprise.
Learn more about high-performance test here: https://brainly.com/question/1532968
#SPJ4
Setting up automatic account transfers is the easiest way to build your savings for your emergency fund or large purchases.
a. True
b. False
The statement, setting up automatic account transfers is the easiest way to build your savings for your emergency fund or large purchases, is true.
Automatic account transfers is the easiest process which lets your savings grow unattended. If you schedule the transfer around the time that your earnings arrive, the money for savings never really mixes with your spending funds.
Over time, you may also get used to living on that smaller amount too, making it easier to let your savings build. Thus, this saves your money for emergency fund or large purchases.
Hence, setting up automatic account transfers is the easiest way to build your savings for your emergency fund or large purchases.
To learn more about automatic account here:
https://brainly.com/question/9458941
#SPJ4
a) A person has 5 trousers, 7 shirts, 6 ties, and 3 pairs of shoes. In how many possible distinct ways can the person dress
The person can dress in 630 different ways according to permutation and combination.
What is permutation and combination?Subsets of a set can be created in two separate ways: combination and permutation. The subset's components can be listed in any order when combined. The components of the subset are listed in a permutation in a certain order.There are only a finite number of permutations and combinations for each data set. They can therefore be used to calculate the probability of complex events. The number of possible permutations increases and the likelihood that a particular permutation will occur decreases as a set's elements increase.First, The person has to decide on pants. So, he has 5 choices. And for each pant, the person has 7 shirts, 6 ties and 3 pair of shoes as choice. So, 5*7*6*3 = 630.
Know more about permutation and combination with the help of the given link:
https://brainly.com/question/13387529
#SPJ4
Using simplified percentage complete amounts for a one-year project with weekly reporting and an average task or work packet size of one week, you can expect about a(n) ____ percent error rate.
Using simplified percentage complete amounts for a one-year project with weekly reporting and an average task or work packet size of one week, you can expect about a(n) 1 percent error rate.
What is a Simple Percent?Simple percentages are percentages of amounts that can be found with a simple division or multiplication.
What is Percent Error ?Percent errors indicate how big our errors are when we measure something in an analysis process. Smaller percent errors indicate that we are close to the accepted or original value.
For example, a 1% error indicates that we got very close to the accepted value, while 48% means that we were quite a long way off from the true value.
Percent error is the difference between estimated value and the actual value in comparison to the actual value and is expressed as a percentage. In other words, the percent error is the relative error multiplied by 100.
Percent Error Formula
The formula for percent error is:
PE = (|Estimated value-Actual value|/ Actual value) × 100
Your question is incomplete, but most probably your full question was:
Using simplified percentage complete amounts for a one-year project with weekly reporting and an average task or work packet size of one week, you can expect about a(n) ____ percent error rate.
a.1
b.5
c.11
d.15
Learn more about Percent error on:
brainly.com/question/1600371
#SPJ4
The purchase of the economy's expanding goods and services by households, businesses, and the government is known as the
The purchase of the economy's expanding goods and services by households, businesses, and the government is known as the factor.
Economic efficiency means an economic state in which all resources are optimally allocated to best serve each individual or entity while minimizing waste and inefficiency. If the economy is economically efficient, changes made to help one company will harm another.
A compound economy means that producing one good reduces the cost of producing another related good. Economies of scope occur when it is less expensive for a firm to produce more types of goods or services together than it is to produce fewer types of goods or each good individually.
Learn more about the economy's expansion at
https://brainly.com/question/2094255
#SPJ4
Suppose a firm estimates its overall cost of capital for the coming year to be 10%. What might be reasonable costs of capital for average-risk, high-risk, and low-risk projects
The reasonable costs of capital for average-risk, high-risk, and low-risk projects could be found by generating risk-adjusted costs of capital for each category of risk based on the idea of divisional WACC.
What is Weighted Average Cost of Capital (WACC)?The Weighted Average Cost of Capital (WACC) of a company is a measure of its total capital cost, which includes debt, common shares, and preferred shares.
Estimation of the reasonable costs of capital or average-risk, high-risk, and low-risk projects could be done in following way-
If a company anticipates that its cost of capital for the upcoming year will be 10%, it should use 10% as the basis for its average risk projects because it will be required to generate returns of at least 10% on each of those projects. A high-risk project often has a higher potential return, while a low-risk project typically has a lower potential return. As a result, the company might decide to set its capital costs for high-risk initiatives at 12 percent and for low-risk ones at 8 percent. The entire risk of the firm's projects will be equal to the 10 percent cost of capital because the average risk project has a 10 percent cost of capital.Similar to this, the company's high-risk initiatives may be placed at a 15 percent cost of capital while the low-risk projects are reduced to a 5 percent cost of capital, depending on how hazardous they are. The ultimate objective is for the firm's portfolio of projects to generate a return of at least 10%, covering the cost of capital used to fund the projects. Although the risk assignment is somewhat arbitrary, it is still preferable to making no adjustments at all.To know more about the weighted average cost of capital and it's purpose, here
https://brainly.com/question/8287701
#SPJ4
What office coordinates a variety of social, curricular, and special-interest clubs and organizations you can join?
Office of Student Activities coordinates a variety of social, curricular, and special-interest clubs and organizations you can join.
Divide the total number of grade points earned for the course by the total number of credit points required to prepare students for employment.
Associate of Applied Science (AAS) and Associate of Applied Arts (AAA) degrees are designed to prepare individuals to find employment or improve their employment status in career or technical positions. I'm doing it.
Students with 15 credit hours in special-interest clubs should therefore plan to study 30-45 hours each week outside the classroom. Web classes are calculated similarly. A 3-credit class requires an additional 2 hours of fieldwork for each credit. This equates to 5-9 hours of work per week in class.
Learn more about coordinates at
https://brainly.com/question/17206319
#SPJ4
The organizational unit that is responsible for the sale and distribution of goods and services is the: group of answer choices plant company code sales organization distribution channel
The organizational unit that is responsible for the sale and distribution of goods and services is the sales organization.
A sales organization is that organization which is responsible for the sale and distribution of goods and services.
It represents the selling unit as a legal entity. sales organization is responsible for product guarantees and other rights to recourse.
The sales organization is a mechanism to realize objectives of the complete organization. Since the market conditions change, the sales organization also keeps on changing. It always accommodates the necessary environmental changes. This ensures survival as well as growth of the sales organizational unit as well as the complete organization.
To know more about sales organization here:
https://brainly.com/question/14291245
#SPJ4
Regulatory policy to affect what is happening in credit markets in the aggregate is referred to as?
Regulatory policy to affect what is happening in credit markets in the aggregate is referred to as monetary policy.
What is Monetary policyMonetary policy are actions or rules that guides money in a particular country.
The policy affect how money is supplied and the country economic growth. Monetary policy are guides in determining and controlling a nation interest rate that are payable on loans that are collected.
Therefore, regulatory policy to affect what is happening in credit markets in the aggregate is referred to as monetary policy.
Learn more on credit below
https://brainly.com/question/13964348
#SPJ1
Who uses accounting information?
a. institutional investors
b. private investors
c. managers debentures
d. creditors
Creditors use accounting information.
A creditor or lender uses accounting information to determine a borrower's ability to repay a loan, the number of the borrower's assets and liabilities, proof of income, economic status, etc. before the borrower lends money to an economic entity.
Accounting plays an important role in running a business, tracking income and expenses, ensuring regulatory compliance, and providing quantitative financial information that can be used to make business decisions for investors, management, and government. To provide.
Learn more about accounting here:https://brainly.com/question/26380452
#SPJ4
Tableau is used to create dynamic and interactive visualizations. Dynamic visualizations can change over time. What does it mean for a visualization to be interactive?
Visualization to be interactive mean that the audience can control what data they see. The graphic display of information and data is known as data visualization. A good visualization highlights the important information while minimizing the noise in the data.
Data visualization tools make it simple to identify and analyze the trends, outliers, and the patterns in data by utilizing visual elements such as charts, graphs, and maps. Another sort of visual art that captures our attention and keeps it fixed on the message is data visualization. Audience can immediately see trends and outliers when we look at a chart.
To learn more about visualization, click here
https://brainly.com/question/14467658
#SPJ1
You are president of a manufacturer of small electronic appliances. you want to reduce your break-even quantity. other things equal, you can do this by:______.
You are president of a manufacturer of small electronic appliances and you want to reduce your break-even quantity. other things equal, you can do this by increasing the amount of money spent and reducing the expenses per unit.
What is break-even quantity?Break-even quantity is that quantity of good that needs to be sold to get an amount of money that can help offset all other expenses.
The company need to sell the goods in other to get Profit and if they cannot meet up with the expenses they may run at loss.
To do this other expenses can be reduce to help purchase the immediate materials or resources.
Therefore, are president of a manufacturer of small electronic appliances you can reduce your break-even quantity increasing the amount of money spent and reducing the expenses per unit.
Learn more on break-even below
https://brainly.com/question/21137380
#SPJ1
You work about 50% of the time at client sites and the other 50% of the time at your company's offices. Which mobile device accessory would help you most with your work
The mobile device accessory which would help most is a docking station for laptop.
What is a docking station?A laptop's base station, or docking station, converts the device into a desktop computer. The keyboard, mouse, monitor, and printer are permanently plugged into the docking station rather than being added to a laptop to make it desktop-ready. The laptop clamps into the docking station via USB or a single special-purpose connector to convert from portable to desktop use. Although the ordinary user's processing needs can be met by modern laptops, there will always be a tradeoff between port accessibility and mobility.You may convert your laptop into a desktop computer with a docking station. Your laptop can connect to a docking station in order to use a monitor, printer, keyboard, mouse, storage device, backup drive, and even a local area network (LAN).
Therefore, The mobile device accessory which would help most is a docking station for laptop.
Know more about docking station with the help of the given link:
https://brainly.com/question/14312220
#SPJ4
The _____________________ model produces for maximum profits where mr = mc and charges a higher price and produces less than the lowest cost output per unit (atc).
The profit-maximizing firm model produces for maximum profits where mr = mc and charges a higher price and produces less than the lowest cost output per unit (atc). Profit maximization is the process by which businesses ensure that the best output and price levels are achieved in order to maximize their returns.
The firm adjusts influential factors such as sale price, production cost, and output levels to achieve its profit goals. The production quantity where marginal revenue equals marginal cost is where the monopoly can make the most money: MR = MC.
If the monopoly produces fewer units, MR > MC at those levels of output, and the firm can increase profits by increasing output. Find cheaper raw materials than those currently in use as an example of profit maximization. Find a supplier who provides better prices on inventory purchases.
To learn more about Profit maximization , click here
https://brainly.com/question/13784962
#SPJ4
Suppose the consumer confidence index increases from 103 to 146. How does this change effect the AD/AS model
The AS curve shifts to the left.
The Consumer Confidence Index is an economic indicator published by various organizations in several countries. Simply put, rising consumer confidence is an indication of the economic growth that consumers are spending and an increase in consumption.
When the latest index exceeds 100, consumers will be more confident than in 1985. Below 100, consumers are less confident than they were then.
Consumer confidence is an economic indicator. It measures how confident consumers are about the general state of the economy. It also measures how confident people are about income stability. Their self-confidence influences not only their financial decisions but their spending activities.
Learn more about the consumer confidence index here:https://brainly.com/question/25122933
#SPJ1
Ecological balance is the goal that assumes the global economy can achieve balanced economic conditions ___________________ .
Ecological balance is the goal that assumes the global economy can achieve balanced economic conditions and sustainable, living, plane balanced.
When an economy is in full employment and full production, one product can be produced more only if some other products are produced less. The point at the forefront of the productivity curve is that it is achievable and the economy is efficient.
An economic system is a means by which a society or government organizes and distributes the resources, services, and commodities available in a geographic region or country. The ecological balance system regulates factors of production such as land, capital, labor, and physical resources.
Learn more about ecological balance at
https://brainly.com/question/27934075
#SPJ4
A layout deficiency in a house results in a loss in value of $5,000. The layout deficiency could be corrected at a cost of $6,500. This depreciation is categorized as _______.\
This depreciation is categorized as Functional obsolescence, incurable.
What is Functional obsolescence incurable?The main causes of the unavoidable functional obsolescence are outside forces over which the property owner has no control. By doing adequate study on the most recent trends and designs in real estate before committing to the investment, investors can avoid the occurrence of such obsolescence.
Functional Obsolescence Examples
Another example of functional obsolescence in the technology sector is the parade of ever-evolving cellphones and smartphone technology. New smartphones have more capabilities and features than older models, rendering them functionally useless.
There are two primary categories of functional obsolescence: curable and irreparable.
To learn more about Functional Obsolescence from given link:
https://brainly.com/question/15868308
#SPJ4
When airlines charge higher prices for seats in the Economy section Exit rows that have more leg room, they are using which pricing strategy?
When airlines charge higher prices for seats in the Economy section Exit rows that have more leg room, they are using demand oriented pricing strategy.
What is demand oriented pricing strategy?This is a strategy, used by a seller inorder to set the price of a product at a limit within the buying capacity of the targeted consumers.
It is to be noted that demand-oriented attempts to set price at level that intended buyers are willing to pay.
Learn more about demand oriented pricing strategy here: https://brainly.com/question/25347718
#SPJ1
By integrating new transportation technologies into its fulfillment networks, package delivery companies such as DSL are _______.
By integrating new transportation technologies into its fulfillment networks, package delivery companies such as DSL are developing a more sustainable supply chain.
This is the correct answer because any logistics company would like to improve its service quality by reducing the transport time and at the same time being sensitive towards the environment by reducing the use of fossil fuels like Diesel and Petrol.
E-hailing rides, car sharing systems, electric vehicles (EVs), electric scooters, drones and even autonomous buses are already here. Drone delivery is one of the next advances aimed at reducing congestion and pollution on delivery trucks while maintaining the convenience of courier delivery.
Learn about new transportation technologies here:https://brainly.com/question/25935364
#SPJ1
One of the disadvantages of investing in real estate is A) investors need expert help. B) pyramiding. C) equity buildup. D) leverage.
There are many disadvantages of investing in real estate and one of it is A) Investors need expert help.
The investment in property is known as real estate investment. There are many investors who invests in such assets, and earn rentals and capital gains.
The investment in real estate needs expert advice as the person who is the advisor should have the market information so that the perfect price can be quoted in order to purchase or sell an asset.
Learn more about Real Estate at https://brainly.com/question/27237569
#SPJ1
which of the following is an exception to the statue of frauds such that no writing is required where a gurantor makes a collateral promise for the main purpose of obtaining some personal economic advantage
The leading object rule is an exception to the statute of frauds such that no writing is required where a guarantor makes a collateral promise for the main purpose of obtaining some personal economic advantage.
The leading object rule presents that oral contracts by means of 1/3 events making sure some other's debt aren't inside the Statute of Frauds if the guarantor's important motive is to gain his or her own enterprise or pecuniary hobby.
A leading item is an object that appears at the starting of a statistics expression. The IBM InfoSphere grasp statistics control Collaboration Server Collaborative version records version defines two leading items: object and category.
An approach to statutory creation wherein a selected provision is. interpreted according with the purpose of the statute. Historically, it turned into applied. Simplest wherein a literal method produced an ambiguity or inconsistency.
Learn more about the leading object rule here https://brainly.com/question/14126900
#SPJ4
Martin is the financial director of a small business. He recently read a memo from one department presenting a new idea for a product. During the discussion on the item afterward, Martin kept focusing on the cost of producing and marketing that product. The barrier facing Martin in this scenario is
Martin is the financial director of a small business. He recently read a memo from one department presenting a new idea for a product. During the discussion on the item afterward, Martin kept focusing on the cost of producing and marketing that product. The barrier facing Martin in this scenario is Filtering. Option A.
This is further explained below.
What is Filtering?Generally, One way to reduce the number of potential investment possibilities inside a particular universe is to employ a filter.
In conclusion, A tiny firm has hired Martin as its finance director. Recently, he received a message from a division of the company informing him of a new product proposal. In the debate that followed, Martin kept bringing up the subject of how much it would cost to produce and promote that particular item. Filtering is the obstacle that Martin faces in this situation.
Read more about Filtering
https://brainly.com/question/8721538
#SPJ1
CQ
Martin is the financial director of a small business. He recently read a memo from one department presenting a new idea for a product. During the discussion on the item afterward, Martin kept focusing on the cost of producing and marketing that product. The barrier facing Martin in this scenario is
filtering.
selective perception.
emotional disconnects.
semantics.
Many firms have achieved success by integrating activities throughout the extended value chain by using _______ to link their own value chain with the value chains of their customers and suppliers.
Many firms have achieved success by integrating activities throughout the extended value chain by using information technology to link their own value chain with the value chains of their customers and suppliers.
What is information technology?Information Technology is the study systems which retains and sends information to recipients or users. Also, Information technology tends to focus on both the system hardware and the software.
An Information Technology refers to the collection of technology components that serves the needs of its users and the owner of the resulting system.
Learn more about information technology here: https://brainly.com/question/14462836
#SPJ1
The student organization at william howard taft high school that promotes safe driving practices is named?
Project YIELD is the student organization at William Howard Taft high school that promotes safe driving practices.
More than 5,700 young people died in car accidents nationwide in 2001. The latest year is reflected in the current statistics. In San Antonio, teenagers died in a car accident in the six weeks of the same year, some of whom were Taft students. Last year, the Texas Department of Transportation and the Texas Department of Transportation worked with Taft authorities on plans to prevent a similar tragedy. In-house recruitment activities created a team of 24 students, who later hired the group name "Project YIELD" (a young man who provides information to all living drivers). The "carefree driving kills lives" campaign is the fruit of their creative work.
This week, William Howard Tuft High School students launch the state's first teen-developed campaign aimed at making streets and highways safer. This week's campaign launch includes daily pre-spring break announcements, posters around the school, promotional materials, and campaign focal points. This is a 3-minute video written by a student who also stars in the production. The campaign is based on the five most common risk factors for young drivers. Driving at night, inexperienced driving, presence of young passengers, risky behavior (such as speeding, using a mobile phone while driving, not using a seatbelt), and alcohol and drug use.
Learn more about Safe driving here https://brainly.com/question/1543318
#SPJ1
Strategic planning starts with a _____ that reflects a firm’s vision, purpose, and values.
Strategic planning starts with a mission statement that reflects a firm’s vision, purpose, and values.
Strategic Planning Process: Strategic planning is the process of identifying long-term organizational goals, strategies, and resources, focusing on the horizon more than three years away.
Most large companies rely on one person to evaluate system requirements rather than relying on a system review committee. When assessing the feasibility of a schedule, systems analysts need to consider the trade-off between time and cost.
CRM (Customer Relationship Management) components can provide automated responses to sales inquiries, online order processing, and inventory tracking values.
Learn more about Strategic planning at
https://brainly.com/question/24864915
#SPJ4
The financial plan part of a business plan should show how you plan to fund the business at various stages of the company's?
A financial plan is nothing more than a summary of your company's present financial situation and growth expectations. Consider any records that show your current financial status as a snapshot of the state of your company, and the projections as your hopes for the future. The financial plan is a snapshot of your company's current status,
As was previously stated. Your short- and long-term financial goals are informed by the predictions, which can serve as a springboard for establishing a plan of action. It aids you in establishing reasonable goals for the achievement of your company as a business owner.
Simply said, if you are well-versed in your finances, you are less likely to be taken aback by your current financial situation and better equipped to handle a crisis or rapid growth.
To learn more about financial plan, click here
https://brainly.com/question/28102477
#SPJ4
An employee, rightly or wrongly, perceives the boss doesn't like him. As a result, he expects to get a poor appraisal, regardless of the level of effort he puts in. Under such circumstances, according to the expectancy theory, the employee is likely to see the ________ relationship as weak and demotivating.
According to the expectancy theory, the employee is likely to see the "effort-performance" relationship as weak and demotivating.
What is expectancy theory?According to expectancy theory, people are more motivated to work hard if they believe their efforts will be noticed and rewarded.
The importance of expectancy theory are-
When applied correctly, expectation theory can aid managers in understanding why people choose between various behavioural options. Managers should implement mechanisms that closely link rewards to performance to improve the relationship between effort and results.It is based on an individual's self-interest, who desires to maximize enjoyment and reduce dissatisfaction. This philosophy places a strong emphasis on perception and expectations, saying that reality is irrelevant. It places a focus on benefits or payoffs.According to the Expectancy Value Theory (Vroom, 1964), two things affect why a person chooses to engage in a particular activity or action:
Expectancy is the likelihood that a desired (instrumental) outcome will be attained as a result of the behaviour or activity. Value is the degree to which the individual appreciates the intended outcome.To know more about the Expectancy Value Theory, here
https://brainly.com/question/13891821
#SPJ4