Use the Following Selected Information from Wheeler, LLC to Determine

question 214

Multiple Choice

Use the following selected information from Wheeler, LLC to determine the 2017 and 2016 trend percentages for net sales using 2016 as the base. $$\begin{array} { | l | r | r | } \hline & { \mathbf { 2 0 1 7 } } &{ \mathbf { 2 0 1 6 } } \\\hline \text { Net sales } & \$ 276,200 & \$ 231,400 \\\hline \text { Cost of goods sold } & 151,900 & 129,590 \\\hline \text { Operating expenses } & 55,240 & 53,240 \\\hline \text { Net earnings } & 27,820 & 19,820 \\\hline\end{array}$$

• A) 117.2% for 2017 and 100.0% for 2016.
• B) 55.0% for 2017 and 56.0% for 2016.
• C) 65.1% for 2017 and 64.6% for 2016.
• D) 36.4% for 2017 and 41.1% for 2016.
• E) 119.4% for 2017 and 100.0% for 2016.

Explain the optimal team size for effectiveness and the challenges with larger teams.

Understand the distinctive features and advantages of virtual teams over conventional teams.

Identify strategies for managing dysfunctional norms within teams.

Recognize the foundations of trust within teams and how they affect team dynamics.

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Definitions:

Instrumentality

The belief that performance is related to rewards.

Expectancy Theory

A motivational theory suggesting that individual motivation to perform is influenced by the expectation that effort will lead to performance and performance to desired rewards.

Need For Affiliation

A psychological drive that motivates individuals to seek social connections, acceptance, and relationships with others.

Adams' Theory

Refers to Equity Theory, proposed by J. Stacy Adams, which suggests that individuals are motivated by fairness in their work relationships and will adjust their input to maintain equity.