As a newly promoted leader of a remote team, empowering your team to make their own decisions should be your primary focus.
Due to communication hurdles and a lack of face-to-face engagement, remote teams frequently need more freedom in decision-making than standard office-based teams. As a result, it's critical to trust and provide remote team members the freedom to decide for themselves and take responsibility for their job.
Establishing procedures that the team must adhere to while making decisions is essential, but it shouldn't take precedence. Making decisions can be helped by following processes. Processes that are excessively prescriptive might impede innovation and creativity. A distant team cannot be managed or motivated effectively by closely observing each member's performance. Employee morale may suffer and a micromanagement culture may be fostered.
Option A is the correct answer.
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Here is financial information for Shamrock, Inc..
Current assets
Plant assets (net)
Current liabilities
Long-term liabilities
Common stock, $1 par
Retained earnings
Assets
December 31, 2020
Current Assets
$114,072
371,966
89,900
125,138
140,220
130,780
2020
December 31, 2019
$ 97,000
Prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base year. (If amount and percentage are a decrease
show the numbers as negative, e.g. -55,000, -20% or ( 55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.)
$114,072
326,000
58,000
94,000
2019
123,000
$97,000
148,000
SHAMROCK, INC.
Condensed Balance Sheet
December 31
SA
Increase or (Decrease)
Amount
Percentage
%
To prepare a schedule showing a horizontal analysis for 2020 using 2019 as the base year, we need to calculate the dollar amount and percentage change for each line item from 2019 to 2020.
When 2019 is base year, the schedule shows that current assets increased by $17,072 or 17.6% from 2019 to 2020, while plant assets decreased by $45,966 or 12.4%. Current liabilities increased by $31,900 or 55.0%, and long-term liabilities increased by $31,138 or 33.1%.
Common stock increased by $20,220 or 14.4%, and retained earnings decreased by $50,780 or 38.8%. Overall, total assets decreased by $28,894 or 7.0%.
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Elements of Labor and Variable Overhead Variances
Chelsea Fabricating applies variable overhead to products on the basis of standard direct labor
hours. Presented is selected information for last month when 10,000 units were produced.
Required
Solve for items "a" through "h."
The total flexible budget variance is given as $148,140
What is Overhead Variance?Overhead Variance is the distinctness between the real overhead costs incurred by a trade during a distinguishing period and the standard overhead costs that were budgeted for that alike period. It is used to measure the efficiency of overhead cost control in a party's operations.
An approving variance happens when actual overhead costs are inferior to the budgeted amount, indicating adept management of money. Conversely, an unfavorable difference occurs when real overhead costs exceed the budgeted amount, suggesting incompetences or unexpected expenses.
This difference analysis acquired immune deficiency syndrome in identifying potential regions for improvement and optimizing talent allocation.
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Word processing software
Research the various templates and resources (including software) that are available online to help entrepreneurs create organizational charts. Then record your findings.
Step 1: Explore Chart Resources Online
Conduct an internet search for organizational chart resources, such as images, templates, and other resources (including software) that are available online to help entrepreneurs plan and organize their businesses.
Step 2: Record Your Findings
Open a new word processing document and create a title at the top: Organization Chart Resources.
Based on your research, number your paper and answer the following two questions:
What are the main differences between the types of organization charting resources you found online?
What are the advantages to using something other than the classic “top-down” approach to creating a chart?
A: Online organization charting resources include software applications, templates, and images.
B: Using non-traditional approaches such as flat structures, matrix models, and hierarchical structures with collaborative teams can have advantages.
A. Types of Organization Charting Resources Found Online:
1. Software Applications: These are comprehensive applications that allow for the creation and customization of organizational charts.
2. Templates: These are pre-designed and customisable chart templates available on websites .
3. Images: These are ready-made images of organisational charts that can be found by conducting a simple search. They are helpful in gaining a general understanding of what an organisational chart should look like and the various types that exist.
B.Advantages of Using Something Other Than the Classic "Top-Down" Approach:
1. Flat Organization Structures: These are organizations with fewer hierarchical levels and increased employee involvement. This approach can foster a sense of teamwork and promote innovation.
2. Matrix organisational models allow for cross-functional communication and can be effective for project-based work.
3. Hierarchical Structures with Collaborative Teams: formed inside departments or divisions in this strategy, and team members collaborate on specific projects. This method has the potential to be more adaptable than typical hierarchical systems.
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