The chief executive of Goldman Sachs, Lloyd Blankfein, said in 2009 that banks serve a social purpose and are "doing God’s work. We help companies to grow by helping them to raise capital. Companies that grow create wealth. This, in turn, allows people to have jobs that create more growth and more wealth. It’s a virtuous cycle." On the other hand, Goldman Sachs earned around $12 billion and would hand out more than $16 billion in year-end bonuses. The average employee earned $500,000 for the year. Despite the rhetoric, Blankfein’s leadership was probably

Question Completion with options:

O transformational

O transactional

O contingency-based leadership

Answer:

Lloyd Blankfein's Leadership at Goldman Sachs

Despite the rhetoric, Blankfein’s leadership was probably:

O transactional.

Explanation:

Transactional leadership can be contrasted with transformational leadership because of their different focus.  Transactional leadership favors a process and control management structure that elicits compliance.  Compliance is rewarded while non-compliance is punished.  On the other hand, transformational leadership inspires followership with a high degree of communication strategy coordinating activities and engendering a cooperative spirit.  Contingency-based leadership is situational and advocates that leadership style should be dictated by prevailing circumstances.

Goldman Sachs chief executive Lloyd Blankfein's leadership was probably transactional which involved a system of rewards and punishments to inspire its followers.

This type of leadership uses a system of rewards and punishments to inspire its followers. Control, organization, and short-term planning are characteristics of transactional leadership.

Transactional leadership can be contrasted with transformational leadership because of its different focus.  

Transactional leadership favors a process and control management structure that elicits compliance.  Compliance is rewarded while non-compliance is punished.

On the other hand, transformational leadership inspires followership with a high degree of communication strategy coordinating activities and engendering a cooperative spirit.  

Contingency-based leadership is situational and advocates that leadership style should be dictated by prevailing circumstances.

Hence,  Despite the rhetoric, Blankfein's leadership was probably Transactional.

To learn more about transformational leadership, refer to the link:

https://brainly.com/question/25626701

Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Before inspection, some units are spoiled due to undetectable materials defects. Inspection occurs when units are completed. Spoiled units generally constitute 3% of the good units. Data for December 2017 are as follows: WIP, beginning inventory 12/1/2017 17,600 units Direct materials (100% complete) Conversion costs (20% complete) Started during December 60,900 units Completed and transferred out 12/31/2017 58,200 units WIP, ending inventory 12/31/2017 18,000 units Direct materials (100% complete) Conversion costs (80% complete) Costs for December: WIP, beginning Inventory: Direct materials $183,600 Conversion costs 92,500 Direct materials added 269,280 Conversion costs added 352,800 Abnormal spoilage totals ________.

Identify the form of communication in which an individual both speaks up for their rights and also takes others' rights and feelings into account.

a.Assertive communication

b.Passive communication

c.Aggressive communication

d.Empathetic communication

If the changes in sales between May and June continue at the same rate, what will be the percent change in total computer sales from June to July? (Round your answer to the nearest tenth.)
a.
17.1%
b.
20.7%
c.
34.0%
d.
43.2%

g A decrease in Inventory is reported as: Group of answer choices Operating Activities, Positive cash flow adjustment to net income Operating Activities, Negative cash flow adjustment to net income Investing Activities, Positive cash flow Investing Activities, Negative cash flow Financing Activities, Positive cash flow Financing Activities, Negative cash flow

A facility is setting up an assembly line to produce 75 units per day, working 24 hours per day. Calculate the desired cycle time in minutes per unit.

Task Time (Min) Predecessors
A 4 -
B 3 -
C 5 A
D 5 A,B
E 3 C,D

For price discrimination via coupons to be successful, it must be TRUE that:

a. shoppers who use coupons have more elastic demand than shoppers who do not.
b. shoppers who use coupons have more inelastic demand than shoppers who do not.
c. there is a negative correlation between coupon use and the consumer's willingness to shop for price.
d. firms can directly identify which consumers are the most price sensitive before purchase of the good.

Which of the following correctly describes a difference between securities dealers and securities brokers?

A :
Dealers hold inventories of securities, whereas brokers do not.

B :
Dealers are paid by buyers, whereas brokers are paid by sellers.

C :
Brokers hold inventories of securities, whereas dealers do not.

D :
Brokers are paid by buyers, whereas dealers are paid by sellers.

The management at BuyRite grocery stores wishes to estimate the amount of time that customers are spending, on average, in its stores and in a checkout line. The most obvious approach for determining this information is to simply record when a customer enters and exits the store. However, it is difficult to track the entering and exiting times of specific customers. We will look at the problem using an alternative approach. Over the past two weeks, the following data have been collected at BuyRite’s newest store during busy hours (this BuyRite is rather large and typically has 7 open checkout lines). For simplicity, let us assume that the overall capacity at checkout lines is higher than the arrival rate of customers into the store.
Average rate of customers entering store = 305 customers/hour
Average number of customers in store = 146 customers
Percentage of customers who do not make a purchase = 5%
Average number of customers in the checkout lines = 24 customers
As their consultant, you have been asked by BuyRite’s management to address the following questions:
(a) How much time on average does a customer spend in the store?
(b) How much time on average does a customer spend waiting?

You are the leader of a country that has fallen on hard times. Jobs have disappeared, citizens are struggling to get by, and some of your country’s industries have failed. As a leader, how could you display the qualities of visionary leadership in this situation?

Sophia purchased a variable annuity contract with a purchase payment of $70,000. Surrender charges begin with 9 percent in the first year and decline by 1 percent each year. In addition, Sophia can withdraw 12 percent of her contract value each year without paying surrender charges. In the first year, Sophia needed to withdraw $13,700. Assume that the contract value had not increased or decreased because of investment performance. What was the surrender charge Sophia had to pay

Suppose that supply increases in the market for minor oral surgeries, where the surgery can be done in the dentist's office and price elasticity of demand is 4.5. Then suppose that supply increases in the market for major reconstructive oral surgeries that have to be performed by the dentist in a hospital or surgicenter with emergency life-saving equipment on hand, and the price elasticity of demand is 0.60.

In which of these markets will the quantity demanded change the fastest toward a new equilibrium?

3. Assuming that a person going to community college can't afford to go to a 4-year college is an example of
O A. a generalization.
O B. discrimination.
O C. tolerance.
O D. a stereotype.

The amounts of voluntary costs and failure costs: A. Tend to move in opposite directions (as one increases the other decreases). B. Tend to move in the same direction (as one increases the other increases). C. Are equal by definition. D. None of these answers are correct.

If, at the present output level, marginal revenue is $50 and marginal cost is $35, the purely competitive firm Group of answer choices should increase output to maximize its profit or minimize its loss. should reduce output to maximize its profit or minimize its loss. should increase its price to maximize its profit or minimize its loss. should stay at its current output to maximize its profit or minimize its loss.

Peyton sells an office building and the associated land on May 1 of the current year. Under the terms of the sales contract, Peyton is to receive $1,950,800 in cash. The purchaser is to assume Peyton's mortgage of $1,170,480 on the property. To enable the purchaser to obtain adequate financing, Peyton is to pay the $23,410 in points charged by the lender. The broker's commission on the sale is $78,032. What is Peyton's amount realized

Bailey Corporation budgets on an annual basis for its fiscal year. Three pounds of raw material are needed to produce each unit of finished product. The following beginning and ending inventory levels (in units) are planned for next year. Beginning Inventory Ending Inventory Raw material 30,000 40,000 Finished goods 70,000 60,000 If Bailey Corporation plans to sell 510,000 units during next year, the number of units it would have to manufacture during the year would be:

Veldre Company provides the following information about its defined benefit pension plan for the year 2020. Service cost $ 90,000 Contribution to the plan 105,000 Prior service cost amortization 10,000 Actual and expected return on plan assets 64,000 Benefits paid 40,000 Plan assets at January 1, 2020 640,000 Projected benefit obligation at January 1, 2020 700,000 Accumulated OCI (PSC) at January 1, 2020 150,000 Interest/discount (settlement) rate 10 % Compute the pension expense for the year 2020.

Question text
Raw fish must be cooked to a minimum temperature of:

Select one:
a. 165 °F.
b. 180 °F.
c. 145 °F.
d. 155 °F.

Suppose the following bond quotes for IOU Corporation appear in the financial page of today’s newspaper. Assume the bond has a face value of $2,000 and the current date is April 19, 2018. Company (Ticker) Coupon Maturity Last Price Last Yield EST Vol (000s) IOU (IOU) 6 Apr 19, 2034 111.44 ?1,851 a. What is the yield to maturity of the bond?

Bovine Corporation has two divisions: televisions and mobile phones. The mobile phone division has a contribution margin of $600,000. The company's common fixed costs and total traceable fixed costs are $100,000 and $500,000 respectively. Assuming the traceable fixed costs of the television division are $300,000, what is the segment margin of the mobile phone division

The best managed companies will have
O some accounts that will prove to be uncollectible.
O a very lenient credit policy.
a very strict credit policy.
O no uncollectible accounts.

You are considering two different methods for constructing a new warehouse site. The first method would use prefabricated building segments, would have an initial cost of $6.5 million, would have annual maintenance costs of $150,000, and would last for 25 years. The second alternative would employ a new carbon-fibre panel technology, would have an initial cost of $8.2 million, would have maintenance costs of $650,000 every ten years, and is expected to last 40 years. Both buildings would be in CCA Class 1 (at a rate of 4 percent) and it is expected that each would have a salvage value equivalent to 25 percent of its construction cost at the end of its useful life. The discount rate the firm uses in evaluating projects is 11 percent. The tax rate is 35 percent. What is the annual cost for each option? (Enter the answers in dollars. Do not round your intermediate calculations. Round the final answers to 2 decimal places. Negative answers should be indicated by a minus sign.)

A local jacket distributor expects to sell 9,000 black fleece jackets in a year. Assume that EOQ model assumptions are valid. Each jacket costs $50, ordering cost is $100 per order, and holding cost is 1 dollar per jacket per month. What is the annual inventory cost (excluding purchasing cost) if 500 jackets are ordered at a time

Stagflation is when there is a BLANK shock that causes high levels of both inflation and unemployment.

Fill in the BLANK:
employment
low
demand
supply

The journal entry to transfer completed products from production to finished goods inventory includes which two of the following?
a. Debit to Finished Goods Inventory
b. Credit to Work in Process Inventory
c. Credit to Finished Goods Inventory
d. Debit to Work in Process Inventory
e. Debit to Raw Materials Inventory
f. Credit to Raw Materials Inventory

what is the yearly salary or hourly wage of a librarian?​

Which of the following reflect the balances of prepayment accounts prior to adjustment?

On June 1, 2016, Skylark Enterprises, a calendar year LLC reporting as a sole proprietorship, acquired a retail store building for $500,000 (with $100,000 being allocated to the land). The store building was 39-year real property, and the straight-line cost recovery method was used. The property was sold on June 21, 2020, for $385,000.

The cost recovery is $__________, and the adjusted basis for the building is $_________

College Spirit sells sportswear with logos of major universities. At the end of 2019, the following balance sheet account balances were available.

Accounts payable $104,700 Income taxes payable $11,400
Accounts receivable 6,700 Inventory 481,400
Accumulated depreciation 23,700 Long-term investment 110,900
Bonds payable 180,000 Note payable, short-term 50,000
Cash 13,300 Prepaid rent (current) 54,000
Common shares 300,000 Retained earnings, 12/31/2019 84,500
Furniture 88,000

Required:
a. Prepare a classified balance sheet for College Spirit at December 31, 2019.
b. Compute College Spirit’s working capital and current ratio at December 31, 2019.

Ulko produces tomato paste at five different plants. The tomato paste is then shipped to one of three warehouses, where it is stored until it is shipped to one of the company’s four customers. The shell gives the plant capacities, the cost per ton of producing tomato paste at each plant and shipping it to each warehouse, the cost of shipping a ton of paste from each warehouse to each customer, customer demand, and the annual fixed cost of operating each plant and warehouse. Ulko’s management must decide which plants and warehouses to open, how to route paste from plants to warehouses and from warehouses to customers. All customer demand must be met. A given customer’s demand can be met from more than one warehouse, and a given plant can ship to more than one warehouse. Warehouses are trans-shipment points, anything shipped into a warehouse must be shipped out. Formulate a linear model and find the minimum cost solution for meeting customer demand.