More accurate estimates and higher motivation are generally the results of using a(n) participative budget.
What is meant by participative budgeting?
In a budgeting procedure called participatory budgeting, those in lower levels of management take part in the creation of the budget.
What are the benefits of participative budgeting?
Participatory budgeting undoubtedly provides a number of benefits, including goal congruence, fiscal responsibility, information sharing from inferior to superior, and greater subordinate work satisfaction.
Is participatory budgeting effective?
The highest-ranking engagement strategy on the participation rung is participatory budgeting because of this. Although it necessitates thorough planning and preparation, it also strengthens the legitimacy of your decision-making and the level of confidence that the community's residents have in their elected officials.
Learn more about participatory budgeting: brainly.com/question/14473563
#SPJ4
Answer: E. Martin likes to provide the guidance and support needed by employees and ties meaningful rewards to accomplishment of objectives.
Explanation: Path-goal model of leadership is said to be a theory based on a specify leader behavior that best suit his employees and the work environment that would help achieved set goals. The main aim of path-goal model of leadership is to increase employees morale, motivate and empower them.
Martin is following this model to provide the needed guidance and support the employee working under him requires.
It provides the added necessities we need.
Answer:
c. rent-seeking behavior
Explanation:
In economics, rent-seeking behavior can be described as a behavior or conduct that tries to increase the share of an economic agent or an entity from the existing wealth without adding or creating new wealth. This implies that the entity aims to obtain added wealth without creating a new one.
From the question, the aim of the lawyers is mainly to increase their own wealth in terms of legal fees they will collect from preparing wills, trusts, and other legal documents when they prepare them for people when a law restrict people from self-preparing it using their personal computers. In turn, the lawyers will only increase their share of wealth without adding any wealth.
Therefore, this is an example of rent-seeking behavior.
Answer:
True
Explanation:
Intel is a major computer hardware supplier in the world, and its friend Microsoft buys hardware parts from them which it uses in manufacturing computers such as processor chips.
In respect to the bargaining power of suppliers in Porter's five forces model of industry competition, Intel acts as a supplier to Microsoft. And because of Intel's bargaining power like its market dominance and limited competitors, it can set prices which the–Microsoft has no choice but to purchase.
