Identify the following questions as most likely to be asked by an internal or an external user of accounting information. Part B. Identify the following users as either an internal or an external user. Complete this question by entering your answers in the tabs below. Part A Part B Identify the following questions as most likely to be asked by an internal or an external user of accounting information. Questions External/Internal 1. Which inventory items are out of stock? 2. Should we make a five-year loan to that business? 3. What are the costs of our product's ingredients? 4. Should we buy, hold, or sell a company's stock? 5. Should we spend additional money for redesign of our product? 6. Which firm reports the highest sales and income? 7. are the costs of our service to customers? < Part A Part B > Part A.

Explanation:

Both parents are considered attachment figures in attachment theory, and the child-father attachment is autonomous from the child-mother attachment. Whereas mothers are commonly involved in caregiving and providing emotional refuge, fathers are particularly involved in play and exploratory undertakings.

When a firm connects employees with a supplier or client who shares their interests, the sort of network established is a collaborative network.

1: A collaborative network is a type of network that links two or more organizations together in order to share resources and knowledge in order to achieve a common goal or outcome.

2: In this case, the organization has linked their employees with a supplier or customer that shares their interest. This type of collaboration is intended to create a more efficient, productive, and cost-effective business environment.

3: The collaborative network allows organizations to leverage the strengths and capabilities of all participants in order to develop better products and services. It also promotes the sharing of knowledge and helps to reduce costs by eliminating duplication of efforts.

4: This type of network is beneficial because it increases the speed at which information and resources are exchanged, and it allows organizations to stay ahead of competition. It also encourages creativity and innovation as well as better customer service.

5: Collaborative networks are becoming increasingly important for organizations that want to remain competitive in today's market. They provide an opportunity for organizations to expand their reach and access new markets and customers. They also allow organizations to create a more efficient, cost-effective business environment.

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Answer:

Cyclical unemployment

Explanation:

The process of this happening is known as Cyclical unemployment. This is something that is common in every country around the world and tends to happen due to many reasons. Each countries economic cycle is different and follows different ranges. The United States Economic Cycle tends to happen roughly every 8 years, although this is not 100% guaranteed. When it does happen Stock Markets tend to crash which is what causes a chain reaction that leads to unemployment rises and businesses producing less and less as there is less consumer spending.

The decision of whether to use scratch cookery or purchase convenience (partially prepared) items is part of the "Method" element of the 5 'M's of menu planning.

The methods, tools, and procedures utilised to prepare the menu items are referred to as the method. It includes decisions about how to prepare and cook the food, whether to use fresh ingredients or pre-made ones, and how to serve and show the finished dish.

The end product's quality, the kitchen's effectiveness, and the cost of the menu item can all be significantly impacted by the decision to use convenience foods instead of scratch-cooked food. Chefs and foodservice managers must carefully weigh the benefits and drawbacks of employing convenience meals against cooking from scratch (which may take more time, skill, and ingredients) (which may offer consistency, convenience, and cost savings).

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Krater Associates' strategy is cost leadership. The firm aims to compete successfully in a highly competitive market by delivering quality services at a low cost.

This is evident from the data provided, which shows a decrease in the selling price per job from $36,000 in 2019 to $35,000 in 2020. By lowering the selling price, Krater Associates is positioning itself as a cost-effective option for clients. Additionally, the firm focuses on controlling costs by carefully managing architect labor-hour costs and architect support capacity costs. The emphasis on cost control and delivering services at a lower price point suggests a cost leadership strategy.

When designing a balanced scorecard for Krater Associates, several key measures can be included to assess the firm's performance from different perspectives. Here are some measures that can be considered:

a) Financial Perspective:

Revenue growth: This measure indicates the firm's ability to attract new clients and generate increased sales.

Cost control: Tracking the firm's ability to manage costs, including architect labor-hour costs and support capacity costs, is crucial for maintaining profitability.

b) Customer Perspective:

Customer satisfaction: Measuring customer satisfaction through surveys or feedback mechanisms helps assess the quality of services provided by the firm.

Repeat business: Tracking the percentage of clients who return for additional projects indicates the level of client loyalty and satisfaction.

c) Internal Process Perspective:

Project delivery time: Monitoring the time it takes to complete projects demonstrates the firm's efficiency in delivering services.

Quality assurance: Tracking the number of revisions or errors in project deliverables helps evaluate the accuracy and quality of the firm's work.

d) Learning and Growth Perspective:

Employee training and development: Assessing the investment in training programs and professional development opportunities ensures that the firm's employees stay up to date with industry trends and enhance their skills.

Employee satisfaction and retention: Measuring employee satisfaction and turnover rates helps gauge the firm's ability to attract and retain top talent.

Including these measures in the balanced scorecard enables Krater Associates to evaluate its performance holistically, considering financial, customer, internal process, and learning and growth aspects. The balanced scorecard provides a comprehensive view of the firm's strategic objectives and helps align performance measures with its overall strategy.

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The correct answer for plato users is option A

Explanation:

I just took the midterm and this was the correct option, please give brainly :)

The correct option is A.

Split it in half and deposit it in two separate savings accounts at different commercial banks.

Typically, yes. In fact, many direct deposit programs allow you to split your payment between savings and checking accounts at different banks. You'll just need to add your banks' routing numbers, your account numbers and the account type for each.

The basic rule is to divide up after-tax income and allocate it to spend: 50% on needs, 30% on wants, and socking away 20% to savings.

Deposit insurance provides three important benefits to the economy:

It assures small depositors that their deposits are safe, and that their deposits will be immediately available to them if their bank fails.

It maintains public confidence in the banking system, thus fostering economic stability.

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The correct option is A, The cash receipt was recorded as unearned fees is a debit to Unearned Fees for $1,800.

Unearned fees are payments received by a business for services that have not yet been rendered. It represents a liability for the business, as it is an obligation to perform the service for which payment has already been received. The remaining portion is considered unearned and is recognized as a liability on the company's balance sheet until the service is actually provided.

Unearned fees are common in industries such as insurance, legal services, and consulting. This is because these industries often require prepayment for services that may take a considerable amount of time to complete. For businesses, unearned fees provide a source of short-term financing, as they represent cash that can be used to cover operating expenses until the service is performed.

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Complete Question: -

On December 1, Orenthal Marketing Company received $3,600 from a customer for a 2-month marketing plan to be completed January 31 of the following year. The cash receipt was recorded as unearned fees. The adjusting entry for the year ended December 31 would include:

A. a debit to Unearned Fees for $1,800

B. a debit to Earned Fees for $1,800.

C. a debit to Earned Fees for $3,600

D. a credt to Eamed Fees for $3,600

Option a) Take responsibility would most likely help Mike become an active learner and a more effective teammate.

Taking responsibility is to encourage Mike to take responsibility for his own learning and his role on the team. This means being proactive, taking initiative, and being accountable for his actions.Set clear goals: Encourage Mike to set clear goals for himself, both in terms of his personal learning and his contribution to the team. This will help him focus on what he needs to do and provide a sense of direction. He can also ask questions: Encourage Mike to ask questions about the work he is doing and the goals he is trying to achieve. This will help him clarify his understanding and ensure that he is on the right track.

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The complete question is:
Which actions would most likely help Mike become an active learner and a more effective teammate?  (Select All that apply)
a) Take responsibility
b) Ask questions
c)  Motivate them
d) Sit idle

A public school teacher most likely to have a pension plan.

A pension plan is a type of employee benefits program created or maintained by an employer, an employee group (such a union), or both that offers retirement income or postpones income until the end of the covered employment period or beyond.

An employer must contribute to a fund that is set aside for a worker's future benefit in order to participate in a pension plan. When the worker retires, the earnings from the investments will provide income for the worker. The pool of cash is invested on the employee's behalf. In the U.S. private sector, traditional pension plans are getting harder to find.

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The standard deviation of your portfolio is approximately 17.9%.

To calculate the standard deviation of a portfolio, you need to consider the weights, expected returns, and standard deviations of each stock, as well as the correlation between the two stocks.

Let's denote:

w1 = 0.20 (weight of Stock 1)

w2 = 1 - w1 = 0.80 (weight of Stock 2)

μ1 = 0.03 (expected return of Stock 1)

μ2 = 0.12 (expected return of Stock 2)

σ1 = 0.06 (standard deviation of Stock 1)

σ2 = 0.22 (standard deviation of Stock 2)

ρ12 = 0.2 (correlation between Stock 1 and Stock 2)

The variance of the portfolio can be calculated using the following formula:

Var(portfolio) = (w1^2 * σ1^2) + (w2^2 * σ2^2) + (2 * w1 * w2 * ρ12 * σ1 * σ2)

Substituting the given values:

Var(portfolio) = (0.20^2 * 0.06^2) + (0.80^2 * 0.22^2) + (2 * 0.20 * 0.80 * 0.2 * 0.06 * 0.22)

Var(portfolio) ≈ 0.001728 + 0.030464 + 0.000844

Var(portfolio) ≈ 0.032036

The standard deviation of the portfolio is the square root of the variance:

SD(portfolio) ≈ sqrt(0.032036)

SD(portfolio) ≈ 0.178969

To express the standard deviation in percent form, we multiply by 100:

SD(portfolio) ≈ 17.9% (rounded to 1 decimal place)

Therefore, the standard deviation of your portfolio is approximately 17.9%.

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A major difference between an open-end management investment company and a closed-end company is that the open-end investment company has a fixed number of shares outstanding. This means that the number of shares available for purchase or redemption is not limited, and the company can create new shares to meet investor demand. In contrast, a closed-end company has a fixed number of shares issued through an initial public offering (IPO), and these shares are then traded on an exchange like stocks.

The number of shares remains constant, and investors buy and sell shares in the open market.

Another difference is that open-end investment companies offer shares that are redeemable by the issuer. This means that investors can sell their shares back to the company at any time, usually at the net asset value (NAV) per share. In contrast, closed-end companies do not offer this redemption feature, and investors can only sell their shares to other investors on the exchange.

Open-end investment companies also sell shares through a continuous primary offering. This means that new shares can be purchased directly from the company at the current NAV per share. The company creates new shares to meet investor demand. In contrast, closed-end companies have an initial public offering where a fixed number of shares are sold to investors, and after that, shares are traded among investors on the exchange.

Lastly, the share price of an open-end investment company is determined by supply and demand in the market. If more people want to buy shares, the price may increase. If more people want to sell shares, the price may decrease. In contrast, the share price of a closed-end company is determined by supply and demand on the exchange, and it may trade at a premium or discount to its net asset value.

In summary, the major differences between an open-end management investment company and a closed-end company are:
1. Open-end companies have a fixed number of shares outstanding, while closed-end companies have a fixed number of shares issued through an IPO.
2. Open-end companies offer shares that are redeemable by the issuer, while closed-end companies do not.
3. Open-end companies sell shares through a continuous primary offering, while closed-end companies have an IPO and then shares are traded on an exchange.
4. The share price of an open-end company is determined by supply and demand, while the share price of a closed-end company is determined by supply and demand on the exchange.

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Answer:

a. EAR for First National Bank  = 12.35%

b. EAR for First United Bank = 12.25%

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

First National Bank charges 11.7 percent compounded monthly on its business loans. First United Bank charges 11.9 percent compounded semiannually.

Calculate the EAR for First National Bank and First United Bank. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Explanation of the answers is now given as follows:

The effective annual rate (EAR) can be calculated using the following formula:

EAR = ((1 + (i / n))^n) - 1 .............................(1)

Where;

i = Annual interest rate of the bank

n = Number of compounding periods in a year

Therefore, we have:

a. Calculation of the EAR for First National Bank

i = Annual interest rate of First National Bank  = 11.7%, or 0.117

n = Number of compounding periods in a year = 12

Substituting the values into equation (1), we have:

EAR for First National Bank = ((1 + (0.117 / 12))^12) - 1

EAR for First National Bank = 1.12348257790079 - 1

EAR for First National Bank  = 0.12348257790079, or 12.348257790079%

Rounding to 2 decimal places as required, we have:

EAR for First National Bank  = 12.35%

b. Calculation of the EAR for First United Bank

i = Annual interest rate of First United Bank = 11.9%, or 0.119

n = Number of compounding periods in a year = 2

Substituting the values into equation (1), we have:

EAR for First United Bank = ((1 + (0.119 / 2))^2) - 1

EAR for First United Bank = 1.12254025 - 1

EAR for First United Bank = 0.12254025, or 12.254025%

Rounding to 2 decimal places as required, we have:

EAR for First United Bank = 12.25%

It will take approximately 17.54 years to reach $600 with a $250 deposit into an account that pays 5% interest compounded monthly.

To determine the time it takes to reach $600, we can use the compound interest formula:

A = P(1 + r/n)\(^{(nt)\)

Where:

A = Final amount ($600)

P = Principal amount ($250)

r = Annual interest rate (5% or 0.05)

n = Number of times interest is compounded per year (12 for monthly compounding)

t = Time in years

We need to solve for t. Rearranging the formula, we have:

t = (1/n) * log(A/P) / log(1 + r/n)

Substituting the given values, we get:

t = (1/12) * log(600/250) / log(1 + 0.05/12)

t ≈ 17.54 years

Hence, it will take approximately 17.54 years to reach $600 with a $250 deposit in an account that pays 5% interest compounded monthly.

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Answer:

Measuring economic indicators helps economist judge the overall conditions of a country's economy.

Explanation:

Measuring economic indicators helps economists judge the overall condition of a particular country's economy. Thus, option A is correct.

A specialist in economics examines the connection among a nation's resources but also its output or employment. Economists research a variety of social systems, including surrounding people, entire countries, and even worldwide trade.

These metrics include macroeconomic data that reflects the health of the economy as a whole. Economic indicators are used by researchers and decision-makers to evaluate investments, decipher movements, and anticipate the future.

Gross domestic product represents the "productivity" or broad market value of products and services supplied in the real demand over a specific amount of time. Therefore, option A is the correct option.

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There will be a credit of $1500 to Sales Revenue included in the entry to record a sale for $1500 with conditions of 2/7, n/30.

Explain the significance of the credit terms 2/10 and n/30. 2% of the invoice amount may be withheld by the buyer if payment is made within ten days of the invoice date. -A 30-day grace period, after which full payment is expected. duration of the discount The time period during which a customer can pay less and receive a financial discount.

The phrase "2/10 net 30" means that the consumer will save 2% if the entire payment is paid within 10 days. If not, full payment must be made in 30 days.

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The volume of output and the price per unit of a product that will maximize profits are determined by economic metrics such as the marginal cost of production and marginal revenue. The link between marginal revenue and marginal cost of production, which a business constantly aims to maximize.

Person B needs to be prepared to pay $120.

Marginal expense is $200.

Individual A is prepared to pay = $80

The expense a business incurred to produce one extra unit of products is known as the marginal cost. If person A paid $80, then person B is required to pay an amount equal to the marginal cost the business incurred. B, will pay $120.

Yes, Person B must be prepared to spend enough money to cover the product's marginal cost. Do not forget that the marginal cost, not the sales cost, is the price per unit of a product. The marginal cost should therefore be covered by the overall value paid.

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Self-talk is your inner voice or the way you speak to yourself. Although you almost probably are doing it without realizing it, you almost certainly are. In order to produce an internal monologue throughout the day, this inner voice mixes conscious thoughts with ingrained beliefs and biases.

Your inner discourse is known as self-talk.

Personalizing. You own all of the guilt for yourself.

Magnifying.

Catastrophizing.

Polarizing.

Helm Stetter outlines the "Five Levels of Self-Talk" (Negative Acceptance, Recognition and Need to Change, Decision to Change, The Better You, and Universal Affirmation) and offers advice on how to navigate each level for significant life changes.

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Answer:

Supply Chain

Explanation:

Supply Chain is the route of flow of goods and services starting from the producer/manufacturer/service provider to the end use consumer.

The supply chain network has various other segments such as logistics, distributors, retail supplier, etc.

Hence, the correct answer is the "Supply"

Answer: Human capital is perceived to increase productivity and thus profitability. The more investment a company makes in its employees, the chances of its productivity and success become higher.

Answer: A . to help the reader understand what  economic resources are before introducing  the three groups of economic resources.

Explanation:

Land, labor and capital are the three most important factors of production so in introducing factors of production first, the author wanted to give a background of what factors of production are before then giving the types of factors there are.

The background information given is to enable the reader understand what economic resources/ factors of production are so that they would then be able to understand the general need for land, labor and capital when they are introduced.

Answer:

$11880

Explanation:

Given that:

In a local Honda Dealership;

Last year, your dealership earned a record profits of $1.5 million

according to the local Chamber of Commerce, your earnings were 10 percent less than either of your competitors.

The Price Elasticity of demand E = - 4.5

Marginal cost of a midsized automobile = $11,000

Let assume that In your market, you compete against two other dealers

From The above given data , the objective is to determine the What price should you charge for a midsized automobile if you expect to maintain your record sales.

So; in order to achieve that ; we consider the scenario of an Oligopoly market by using the markup formula for homogeneous product Cournot Oligopoly which can be represented as:

\(P = (\dfrac{n*E}{1+ n*E})*MC\)

\(P = (\dfrac{3*(-4.5)}{1+(3*-4.5)})*11000\)

\(P = (\dfrac{-13.5}{1+(-13.5)})*11000\)

\(P = (\dfrac{-13.5}{-12.5})*11000\)

P = 1.08 × 11000

P = $11880

Hence. the price you should charge for a midsized automobile if you expect to maintain your record sales is $11880

Statements I, III, and IV about duration, convexity and portfolio immunization are correct, making option d. I, III, and IV the correct choice.

I. Duration measures the sensitivity of a fixed-income security or portfolio to changes in interest rates. It quantifies the percentage change in the price of the security or portfolio for a given change in yield. Duration is primarily concerned with parallel shifts in the yield curve.

III. Immunization is a risk management strategy that aims to match the duration of a portfolio with the investment horizon to protect against small parallel shifts in the yield curve. By setting the duration of the portfolio to zero, the portfolio's value becomes insensitive to small changes in interest rates, thereby achieving immunization.

IV. Setting both duration and convexity to zero provides protection against relatively large parallel shifts in the yield curve. Convexity measures the curvature of the price-yield relationship of a fixed-income security or portfolio. While duration helps measure the linear price-yield relationship, convexity accounts for non-linear changes. A portfolio with zero duration and convexity will have a more stable value and provide better protection against larger shifts in the yield curve.

II is incorrect because duration plus convexity does not measure all shape changes in the yield curve. While it captures the impact of both parallel shifts and non-linear changes, it does not account for every possible shape change.

Thus, the correct option is d. I, III, and IV.

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The correct answer is (b) LTV. LTV stands for Loan-to-Value ratio, which is a financial metric that lenders use to determine the risk associated with a mortgage loan.

It is calculated by dividing the total amount of the mortgage liens against a property by the appraised value of the property.

LTV is an important factor that lenders consider when deciding whether to approve a mortgage loan application, as it indicates the amount of equity in the property and the borrower's ability to repay the loan. Generally, the higher the LTV, the riskier the loan, and the more difficult it may be for a borrower to secure favorable terms.

Other similar ratios such as HLTV (High Loan-to-Value ratio), CLTV (Combined Loan-to-Value ratio), and TLTV (Total Loan-to-Value ratio) are also used in the mortgage industry, but they differ in terms of the specific loans or scenarios they are used for.

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Answer:

The executive summary

Explanation:

Becuase it is the highlight and important part of the marketing plan, you cannot do the summary first.

The executive summary is a part of the marketing plan is a summary of the key points and should be completed after the rest of the marketing plan has been written. The company's top items are listed along with an explanation of their attractiveness to the intended market.

To encourage lucrative customer activity, firms market their goods and services for a variety of reasons. Marketing's goal is to persuade customers to take advantageous actions. Marketing is embraced by businesses and brands to ensure their ongoing success.

An executive summary, as the name implies, gives a quick review of your marketing strategy. It provides an overview of your brand objectives, marketing goals, and related activities in one or two pages and summarizes the main findings of your marketing research.

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Auditors can determine a company's true "tone at the top" by evaluating the organization's leadership, culture, and commitment to ethical practices. This involves examining the actions, policies, and communication of the company's top management, which often sets the stage for the overall business environment.

One way auditors can assess the tone at the top is by conducting interviews with senior management and board members, focusing on their perspectives regarding ethical behavior, risk management, and adherence to laws and regulations. These interviews provide insights into the organization's values and priorities, revealing any potential red flags.

Additionally, auditors can review the company's code of conduct, ethics policies, and internal control framework. A well-drafted code of conduct should outline the company's commitment to ethical practices, setting clear expectations for all employees. The presence of a robust internal control framework demonstrates the management's dedication to upholding accountability and transparency.

Auditors can also analyze training programs and employee evaluations to gauge the emphasis placed on ethical conduct. Regular training sessions that address ethical dilemmas and proper decision-making are indicative of a strong tone at the top.

Lastly, auditors can observe employee behavior and review any instances of misconduct. A company with a true commitment to ethical leadership will have a lower incidence of fraudulent activities and employees will be more inclined to report unethical behavior.

In summary, auditors can determine a company's true "tone at the top" by examining leadership's actions and communication, reviewing policies and internal controls, and evaluating employee behavior and training programs. A strong tone at the top fosters a culture of ethical practices, risk management, and compliance, which is crucial for a company's long-term success.

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Deep Earth Extraction Inc. action of discharging waste from its facility into a nearby body of water in the Bay will result in penalties and damages. The correct answer is a.

The United States government formed a Federal government agency called Environmental Protection Agency (EPA) that is in charge of the environment in December 2, 1970 under president Nixon administration. Its creation was a response to the increasing concerns about pollution and toxic waste which is being dumped by industries and also to protect the nation's water and its biodiversity from chemical and biological pollutants.

Environmental Protection Agency (EPA) passed a Clean Water Act that regulates the discharge of toxic pollutants into the nation's water as well as regulates the standard for dumping waste water for all industries in order to minimize the damages caused by the toxic waste. Failure to comply with the Clean Water Act will result in penalties as well as criminal prosecution.

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The main difference between the two strategies is the number of call options sold. Strategy (b) involves selling four call options instead of two.

With strategy (b), your potential profit is higher if the stock price remains below the strike price, as you receive more premiums from selling the additional options. However, your potential losses are also higher if the stock price rises significantly, as you have a greater obligation to deliver the stock if the options are exercised.

To analyze and compare the two trading strategies, let's break down the components and evaluate their outcomes:

Strategy (a): One share and a short position in two call options.

In this strategy, you own one share of the stock and have sold (shorted) two call options.

Potential outcomes:

   If the stock price remains below the strike price of the call options (s3z), the options will expire worthless, and you will keep the premium received from selling the options. Your profit will be the premium minus any transaction costs.

   If the stock price rises above the strike price, the options may be exercised, and you will have to deliver the stock at the strike price. Your profit will be the premium received from selling the options minus the difference between the stock price and the strike price, multiplied by the number of shares (since you only own one share).

   If the stock price increases significantly, your potential losses are unlimited as you are short the call options, which means you have an obligation to deliver the stock if the options are exercised.

Strategy (b): One share and a short position in four call options.

In this strategy, you own one share of the stock and have sold (shorted) four call options.

Potential outcomes:

   Similar to strategy (a), if the stock price remains below the strike price, the options will expire worthless, and you will keep the premiums received from selling the options. Your profit will be the premiums minus any transaction costs.

   If the stock price rises above the strike price, the options may be exercised, and you will have to deliver the stock at the strike price. Your profit will be the premiums received from selling the options minus the difference between the stock price and the strike price, multiplied by the number of shares (since you only own one share).

   The potential losses in this strategy are higher than in strategy (a) because you have sold four call options instead of two. If the stock price increases significantly, your losses will be larger, as you have a greater obligation to deliver the stock if the options are exercised.

It's important to note that the specific outcomes and profitability of these strategies depend on factors such as the strike price, expiration date, stock price volatility, and transaction costs. It's advisable to carefully assess these factors and consult with a financial advisor before implementing any trading strategy.

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Sensitivity Analysis is an analysis that breaks the NPV calculation into its component assumptions and shows how the NPV varies as one of the underlying assumptions is changed. The correct answer is D. Sensitivity Analysis.

This type of analysis is used to determine how the NPV calculation will be affected by changes in one of the underlying assumptions. By breaking the NPV calculation into its component assumptions and showing how the NPV varies as one of the underlying assumptions is changed, sensitivity analysis can provide valuable insight into the potential risks and rewards of a particular investment. It can also help to identify which assumptions are most important to the overall NPV calculation, and therefore which assumptions should be monitored most closely.

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He failed at Human Resources functional area of management

Let understand that the functional area of management is the section of management of a firm which ensures that the important business activities are carried out efficiently.

The functional area of management is distinctively categorized into 6 part and they includes:

In conclusion, the area that Tigger failed at is the Human Resources area because he need to serves as a good example for his Subordinate as well effectively managing them, whereas, he failed at it.

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