Answer:
B. corporate strategy
Explanation:
Corporate strategy -
According to this strategy , the approach adapted for any decision making process , so as to get the maximum advantage to the business , is referred to as corporate strategy .
During this strategy , the company need to look for various business or company in order to make the best decision to obtain maximum profit .
Hence, from the given statement of the question ,
The correct option is B. corporate strategy .
To what extent do you think Semler would succeed as a leader in other types of organizations
Answer:
to a large extend
Explanation:
Remember Semler's business was a marine-pump business, which he transformed into a multi national business.
He did so by:
democratizing his workplace, which could be done in other types of organisations.changing his own leadership style by giving workers more control. Thus even in other types of organisations positive leadership style changes could be successful.Ricardo Semler's leadership could succeed well in organizations valuing autonomy and innovation but may face challenges in highly regulated or traditional industries requiring stringent compliance and structure. Adaptation to organizational culture and industry context would be crucial for success.
Ricardo Semler's leadership approach, as exemplified by his practices at Semco, has been unconventional yet highly successful within the context of Semco. Evaluating the extent to which he would succeed in other types of organizations involves considering both the strengths and challenges of his leadership style:
Strengths:
1. Empowerment and Trust: Semler's approach emphasizes decentralization, empowerment of employees, and trust in their decision-making abilities. This can foster a more engaged and motivated workforce in any organization where employees desire autonomy and responsibility.
2. Flexibility and Adaptability: His model encourages adaptability to change and responsiveness to market conditions. This is crucial in dynamic industries or sectors where agility and innovation are key to staying competitive.
3. Employee Satisfaction and Retention: By prioritizing employee well-being, work-life balance, and democratic decision-making, Semler has achieved high employee satisfaction and retention rates. This can contribute to organizational stability and productivity in various contexts.
4. Innovation and Creativity: Semler's approach encourages innovation and creativity by challenging traditional hierarchical structures and promoting a culture of questioning and experimentation. This could be beneficial in industries that require continuous innovation.
Challenges:
1. Resistance to Change: Semler's leadership model may face resistance in organizations with deeply ingrained hierarchical structures or rigid corporate cultures. Implementing such radical changes requires strong leadership and gradual adaptation.
2. Risk Management: His decentralized decision-making approach might pose challenges in organizations where risk management and compliance are highly regulated or critical to operations.
3. Scale and Complexity: Scaling Semler's model to larger organizations or those with complex operations may present logistical challenges. Maintaining cohesion and alignment across diverse functions and geographies requires robust systems and processes.
4. Industry Fit: The applicability of Semler's model may vary across industries. For instance, highly specialized or regulated industries may require a more structured approach to ensure compliance and safety.
The complete question is:
Harvard Case study - Ricardo Semler : A revolutionary model of Leadership
To what extent do you think Ricardo would succeed as a leader in other types of organizations? Give Arguments
An American businessperson who thinks that all Swiss are hardworking, efficient, and neat is demonstrating an example of_____________.
a. ethnocentrism.
b. tolerance.
c. Stereotyping.
You put aside $300 a month in an account that returns 9% a year, compounded monthly. How long do you need to contribute to save $1,000,000
Answer:
36 years 4 months and 2 days
Explanation:
Data provided in the question:
Monthly payment = $300
Rate of return, i = 9% = 0.09
Future value = $1,000,000
Now,
we know
Future value = Monthly payments × [tex]\left[ \frac{(1+i)^{n}-1}{i} \right][/tex]
or
1000000 = $300 × [tex]\left[ \frac{(1+0.0075)^{ }-1}{ 0.0075 }[/tex]
or
[tex]\frac{ 1000000}{ 300} &= \frac{ 1.0075^{n} - 1}{ 0.0075}[/tex]
[tex]3333.33333 &= \frac{ 1.0075^{n} - 1}{ 0.0075}[/tex]
[tex]1.0075^{n} - 1 &= 3333.33333 \times0.0075[/tex]
or
1.0075ⁿ - 1 = 25
or
1.0075ⁿ = 26
ln( 1.0075ⁿ) = ln(26)
or
n × ln( 1.0075 ) = ln(26)
or
n = [tex]\frac{ \ln (26) }{ \ln( 1.0075 ) }[tex]
or
n = 436.04 months
or
n = 36 years 4 months and 2 days
Answer:
436 months or 36.33 years
Explanation:
monthly principal P = $300
Amount to be obtained A = $1,000,000
ROI per annum R% = 9%
or ROI per month r% = 9/12 = 0.75%
and n = no. of months
We know that
[tex]A= P(1+\frac{r}{100})^n[/tex]
plugging values we get
[tex]1,000,000= 300(1+\frac{0.75}{100})^n[/tex]
solving the above equation we get
n = 436 months
which is equal to 36.33 years.
Which of the following statements about financial statement analysis is most correct?
a. The current ratio is the best available measure of liquidity.
b. Du Pont analysis is based on the fact that return on equity (ROE) can be expressed as the sum of four other ratios.
c. It is relatively easy to interpret a ratio in the absence of comparative data.
d. There are no limitations to financial statement analysis, so analysts can always be confident of their conclusions.
e. None of the above statements is correct.
Answer:
The answer is e) None of the above statements is correct.
Explanation:
The current ratio, which measures the coverage of current assets against current liabilities, though used widely faces the limitation that it does not adequately reflect how well a company pays-off its short term debt. In simple terms, a high current ratio indicating how well a company pays short term debt is not forcefully appreciated in a given economic condition. as it is affected by elements such as time for collectinig bills. This is why to move in line with the going-concern principle, the acid test ratio is the best available measure of liquidity.
Du pont analysis is a form of financial ratio tools that comprises of 3 other financial ratios to provide better comprehension of the Return on Equity of a company. That is Net Profit Margin, Asset Turnover and Totat assets to Total equity ratios.
Interpretation of financial ratios requires the use of data so as to provide a comparison and determine the changes in the financial position of a company.
There are existing limitations to financial statement analysis such as the effect of inflation, the fact that data used for comparison is based on past information and it becomes to hard to predict the future. Considering these, analysts should rather be careful when communicating financial information.
The correct answer is 'b' - Du Pont's analysis is based on a relationship between ROE and three other ratios, not four. The statement 'a' isn't entirely true as the current ratio ignores the type and quality of current assets. Statements 'c' and 'd' are incorrect as analyzing a ratio without comparative data is misleading and limitations exist in financial statement analysis.
Explanation:The correct statement about financial statement analysis is option 'b. Du Pont's analysis is based on the fact that return on equity (ROE) can be expressed as the product of three other ratios: the net profit margin, the total assets turnover, and the financial leverage ratio, not four. It's crucial to note that, while the current ratio can provide insight into a company's liquidity, it's not universally 'the best' measure because it fails to account for the nature and quality of current assets. Statements 'c' and 'd' are also incorrect; interpreting ratio data without comparative data lacks context and can be misleading, and financial statement analysis does have limitations such as not considering non-financial factors or possible manipulation of financial statements.
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The major disadvantage of a multichannel system is that it is harder to control and it can generate ________.
a. declining employee morale
b. greater conflict
c. less net profit
d. inefficiency
Answer:
The correct answer is letter "B": greater conflict.
Explanation:
A typical problem of multichannel systems is the channel conflict. This inconvenience arises when components of a supply chain such as manufacturers, retailers or distributors compete among them for the sales of the same product. The situation generates a greater conflict since the business operations of one can be stopped because of the reluctance of the other for cooperating.
Breed Products has performed extensive studies on its costs and production and estimates the following annual costs based on 150,000 units (produced and sold):
Total Annual Costs (150,000 units)
Direct Material $200,000
Direct Labor $180,000
Manufacturing overhead $150,000
Selling, general, and administrative $100,000
Total = $630,000
a) Compute Breed's unit selling price that will yield a profit of $600,000, given sales of 150,000 units
b) Compute Breed's dollar sales that will yield a projected 20% profit on sales, assuming variable costs per unit are 60% of the selling price per unit and fixed costs are $225,000
c) Management believes that a selling price of $9 per unit is reasonable given current market conditions. How many units must Breed sell to generate the revenues (dollar sales) determined in requirement (b)?
Answer:
(a) $8.20
(b) $1,125,000
(c) 125,000
Explanation:
(a) Unit selling price:
= (Total cost incurred + Desired profit) ÷ Number of units sold
= ($630,000 + $600,000) ÷ 150,000
= $8.20
(b) Profit = Dollar sales - Variable cost - Fixed cost
($ sales × 20% profit) = $ sales - ($ sales × 60%) - $225,000
($ sales × 20% profit) = ($ sales × 40%) - $225,000
$225,000 = ($ sales × 40%) - ($ sales × 20% profit)
$225,000 = ($ sales × 20%)
Dollar sales = $225,000 ÷ 20%
= $1,125,000
(c) No. of units required to be sold:
= Dollar sales ÷ Selling price per unit
= $1,125,000 ÷ $9
= 125,000
Gardial & Son has an ROA of 11%, a 2% profit margin, and a return on equity equal to 17%. What is the company's total assets turnover? What is the firm's equity multiplier? Do not round intermediate calculations. Round your answers to two decimal places.
Answer:
Total assets turnover = 5.5
Equity multiplier = 1.55
Explanation:
The return on assets (ROA = 11%) is defined as the profit margin (2%) multiplied by the total assets turnover (TAT):
[tex]0.11=0.02*TAT\\TAT = 5.5[/tex]
The return on equity (ROE = 17%) is defined as the product of the return on assets (ROA = 11%) by the equity multiplier (EM):
[tex]0.17=0.11*EM\\EM=1.55[/tex]
The company's total assets turnover is 5.5
The firm's equity multiplier is 1.55
The company's Total Assets Turnover is 5.5, indicating it generates 5.55 times its total assets in sales. The Equity Multiplier is 1.54, meaning there is more than one and a half times the total shareholders' equity in assets.
Explanation:These calculations revolve around certain financial ratios that businesses often use to evaluate their performance. First, the Total Assets Turnover is calculated by dividing the firm's sales by its total assets, which can be rearranged as profit margin times total assets turnover equals Return On Assets (ROA). Given the fact that ROA is 11% and the profit margin is 2%, the Total Assets Turnover is therefore 11%/2% = 5.5.
Secondly, the Equity Multiplier, typically used to measure a company's financial leverage, is calculated by dividing the company's total assets by its total shareholders' equity. This can be rearranged as: Return on Assets (ROA) times the Equity Multiplier (EM) equals Return On Equity (ROE). With the details that ROA is 11% and ROE is 17%, the Equity Multiplier is calculated as follows: 17%/11% = 1.54.
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Laurey Inc. is working on its cash budget for May. The budgeted beginning cash balance is $47,000. Budgeted cash receipts total $131,000 and budgeted cash disbursements total $126,000. The desired ending cash balance is $64,000. To attain its desired ending cash balance for May, the company needs to borrow:
Answer:
$12,000
Explanation:
Beginning cash balance = $47,000
Budgeted cash receipts = $131,000
Budgeted cash disbursements = $126,000
The desired ending cash balance = $64,000
The net movements around the cash opening balances, cash receipts, disbursement and borrowing results in the closing balance by the formula below;
The desired ending cash balance = Beginning cash balance + Budgeted cash receipts + Borrowing - Budgeted cash disbursements
$64,000 = $47,000 + $131,000 + Borrowing - $126,000
Borrowing = $64,000 + $126,000 - $47,000 - $131,000
Borrowing = $12,000
Borrowing required to achieve desired closing balance is $12,000
Macroeconomic factors that influence interest rate levels Aa Apart from risk components, several macroeconomic factors-such as Federal Reserve (the Fed) policy, federal budget deficit or surplus, international factors, and levels of business activity influence interest rates. Based on your understanding of the impact of macroeconomic factors, identify which of the following statements are true or false: False True Statements If the Fed injects a huge amount of money into the markets, inflation is expected to decline, O and long-term interest rates are expected to rise. Foreign investments fuel growth in a country. However, this investment is based on factorsO that affect the business environment and increase riskiness, such as macroeconomic policies, political changes, labor issues, tax rates, and regulations. Countries with strong balance sheets and declining budget deficits tend to have lower interest O rates. When the economy is weakening, the Fed is likely to decrease short-term interest rates.
Answer:
All the given statements except first statement are true.
Explanation:
If the Fed injects a huge amount of money into the markets, inflation is expected to decline and long-term interest rates are expected to rise
If the fed injects a huge amount of money into markets, then aggregate demand levels in the future are expected to rise and thereby inflation is also expected to rise not decline. To control the rising inflation, the Fed will increase the interest rates thereby implying an increase in longer term interest rates. Hence, the above statement is false.
Foreign investments fuel growth in a country. However, this investment is based on factors that affect the business environment and increase riskiness, such as macroeconomic policies, political changes, labor issues, tax rates and regulations
If the policies at the government (fiscal) and central bank (monetary) level are supportive of growth considering inflation, pro-business political changes, tax rates are progressive and other regulations support the economic system, then foreign investors would surely be attracted to invest in the country. Vice-versa will be the case if all the above mentioned factors go in another direction and unemployment level is higher. Hence, the above statement is true.
Countries with strong balance sheets and declining budget deficits tend to have lower interest rates
True.
The countries with stronger balance sheets, have lower interest rates as the monetary policy is investment supportive which boosts the GDP.
Declining budget deficits will involve lower deficit financing, which has a direct relation with inflation. Hence lower deficit financing implies lower inflation and lower interest rates thereby.
When the economy is weakening, the Fed is likely to decrease short-term interest rates
True. When the economy is weakening, the Fed would like to follow a monetary easing policy. This implies, it will lower the interest rates to boost investment and growth in the economy. Hence, interest rates are likely to decline in the shorter term thereby due to the weakening economy.
Many economists argue that, in the long run, the economy self-corrects and achieves full employment. What is this argument called?
Answer:
Classic Model
Explanation:
Classical economists brought the view of market economy for the most effective solution of economic problems. They advocated that economic problems would be solved spontaneously and within the framework of the possibilities, if the rules of the market economy were followed, and they defined the state as a unit that operates in a limited area and does not interfere with the economy.
Classical economists argued that the economy would automatically stabilize at full employment level under conditions of full competition.
The basis of the classical model is the assumption that the economic units are rational. Consumers try to maximize their benefits, while manufacturers try to maximize their profits. Classical economists argue that the state should not interfere with the economy. Because, according to the classics, the economy will always be fully employed and the general level of prices will always make a certain level of decision. The state does not need to get involved in the economy in order to reach full employment and to get rid of excessive price movements such as inflation and deflation. The "invisible hand" in the economy provides spontaneous full employment and price stability.
The basic assumptions of classical economic theory are as follows;
- Full competition conditions apply in the economy.
- Fees, interest rates and commodity prices are flexible.
- Each supply creates its own demand. (Say's Law)
- In the economy, money is demanded only for trading purposes, money is neutral. Money supply only affects the absolute price level, not relative (relative) prices and the real economy.
The classic model was popular before the Great Depression. It was said the economy was developing freely and that prices and wages were adjusted according to the time-consuming ups and downs. In other words, when times are good, wages and prices are rising rapidly, and when times are bad, wages and prices are set free. The main assumption of this model is that the economy is always in full employment, that is, everyone who wants to work is fully trained and able to work from all sources. Classical economists believe that the economy is self-adjusting, meaning that no one needs help in the event of recession. This is a Classic Model.
Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year. Beginning Inventory Ending Inventory Raw material* 58,000 68,000 Finished goods 98,000 68,000 *Three pounds of raw material are needed to produce each unit of finished product. If Paradise Corporation plans to sell 570,000 units during next year, the number of units it would have to manufacture during the year would be:
Final answer:
Paradise Corporation must manufacture 540,000 units during the next fiscal year to satisfy the planned sales and inventory levels, which includes ending inventory and subtracts the beginning inventory from the planned sales.
Explanation:
The question involves Paradise Corporation and their intent to budget for the next fiscal year. To determine the number of units Paradise Corporation must manufacture, we consider the planned sales, and beginning and ending inventories. The calculation to find out the number of units needed for production is:
Planned sales for next year
Plus ending inventory
Minus beginning inventory
The formula applied is as follows: Units to Manufacture = (Planned Sales + Ending Inventory - Beginning Inventory).
Here, we have:
Planned Sales for next year = 570,000 units
Ending Inventory of Finished Goods = 68,000 units
Beginning Inventory of Finished Goods = 98,000 units
Thus, the number of units to be manufactured is:
Units to Manufacture = (570,000 + 68,000 - 98,000) = 540,000 units
Paradise Corporation would have to manufacture 540,000 units during the next year to meet its planned sales and inventory levels.
_____ requires coordination among government departments and agencies, as well as cooperation toward common objectives across commands
a)Unified direction
b)Unity of decision
c)Unity of effort
d)Unified action
"Unity of effort" requires coordination among government departments and agencies, as well as cooperation toward common objectives across commands.
Answer: Option C
Explanation:
At the national level the unity of effort is basically a cooperative effort involving a number of departments and agencies of the United States Government. "Unity of effort" is about teamwork and collaboration directed towards common goals although participants do not generally form part of the same command or organisation that is the result of effective unified action.
The aim of promoting cohesion of action is to generate a ellaborative consensus approach while applying national power instruments towards common goals. The unity of effort is a continuous process which demand constant effort to sustain inter-organizational relationships.
Rules of thumb rarely if ever lead to severe errors in the decision making process.a. Trueb. False
Answer:
False
Explanation:
Rule of thumb is generally an important factor in the decision-making process and they are made to mitigate the chances of errors. In decision making, there are various aspects which are involved and every time a decision is made circumstances are different. That is why the rule of thumb doesn't work always. So, the above statement is false, the rule of thumb can lead to severe errors in the decision-making process.
Management accountants are MOST likely to feel outside pressure to influence the numbers favorably when the information is used for:
A) budgeting.
B) compensation and promotions.
C) continuous improvement.
D) product costing.
Answer:
The correct answer is letter "B": compensation and promotions.
Explanation:
It is unethical to influence or distort accounting information to benefit an employee over another in front of promotions or at the moment of providing benefits to workers. Sometimes and against the law, manager accountants are pushed to do so for the company to obtain extra income or when the decision of providing a better job position to an employee over another is biased.
Management accountants are most likely to face pressure to favorably influence numbers for compensation and promotions as these directly affect managers' performance evaluations, pay, and career opportunities.
Explanation:Management accountants might experience outside pressure to influence the numbers favorably when the accounting information they provide is directly tied to outcomes that can significantly affect the company's financial status and the well-being of individual managers. Among the options provided, the most likely scenario where such pressure could occur is: Option B) Compensation and Promotions
In the context of compensation and promotions, accounting numbers directly impact the performance evaluation of managers, which could consequently influence their pay and career advancement. The desire to appear successful and to maximize personal gain might motivate some managers to apply pressure on accountants to adjust figures to create a more favorable impression. Meanwhile, the information used for budgeting, continuous improvement, and product costing is more about planning and operational efficiency, which is generally not as directly tied to individual compensation and promotions, hence less likely to elicit pressure on accountants to skew the numbers in a particular direction.
As firms grow and their financial data becomes more transparent to external investors like bondholders and shareholders, the company's revenues, costs, and profits are scrutinized. This increased scrutiny can lead to additional pressure on management accountants, especially when considering that these financial stakeholders rely on accurate reports to make investment decisions. Since explicit and implicit costs play into determining economic profit, accurate accounting is imperative for portraying a true representation of a firm's financial health.
On January 3, 2013, Roberts Company purchased 30% of the 100,000 shares of common stock of Thomas Corporation, paying $1,500,000. There was no goodwill or other cost allocation associated with the investment. Roberts has significant influence over Thomas. During 2013, Thomas reported income of $300,000 and paid dividends of $100,000. On January 4, 2014, Roberts sold 15,000 shares for $800,000. What is the appropriate journal entry to record the sale of the 15,000 shares?
Answer:
The appropriate journal entry to record the sale of the 15,000 shares:
Dr Cash 800,000
Cr Investment - Thomas Corp 780,000
Cr Gain on investment disposal 20,000
(to record the investment disposal of 15,000 Thomas Corp's shares)
Explanation:
Before the disposal of the investment on Thomas, Roberts Co. should use the equity method to account for this investment because 30% of Thomas' shares which is 30,000 ( 100,000 x 30%) is possessed by Robert Co. and Robert Co. has significant influence over Thomas.
So, by the end of 2013, Robert's treatment to this investment should be:
Opening balance as of 2013: $1,500,000
Plus: Share of net profit : $90,000 (calculated as 300,000 x 30%)
Minus: Dividend received : $(30,000) (calculated as 100,000 x 30%)
Closing balance as of 2013: $1,560,000
=> Value per share = 1,560,000 / 30,000 = $52.
So, as at January 4 2014, because 15,000 shares is sold, the Investment account is Credited ( decreased) by $780,000 ( 52 x 15,000) and the total sales's receipt of $800,000 will generate the profit of $20,000 ( calculated as $800,000 - $780,000).
Which leadership style did the CEO of the healthcare system demonstrate in the EHR selection process?
The leadership style that the CEO of the health care system demonstrates in the EHR selection process is the autocratic style.
What is the autocratic style?Autocratic leadership style is defined as the type of leadership style in which the decision can be taken without the input of the particular team.
In an autocratic leadership style, the manager assembles all the judgments without any conference or information from the leftovers of the team.
Some fundamental characteristics of the autocratic leadership style are:
It allows little input from the group of members.It requires the leaders to make all the necessary decisions.It does not require any group feelings or work.It tends to make the highly structured environments.Therefore, the CEO of the healthcare system alone demonstrates the EHR selection process by using the autocratic style of leadership.
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The CEO of the healthcare system demonstrated a participative leadership style in the EHR selection process by involving employees in decision-making processes and valuing their input.
Explanation:The CEO of the healthcare system demonstrated a participative leadership style in the EHR selection process.
In a participative leadership style, leaders involve employees in decision-making processes and value their input. This style fosters collaboration, creativity, and innovation among team members.
During the EHR selection process, the CEO likely sought the opinions and feedback of various stakeholders, such as healthcare professionals, IT staff, and administrators, before making a final decision. By involving multiple functions and considering different perspectives, the CEO demonstrated a participative leadership style.
A business owner used a revenue function and a cost function to analyze his monthly sales. One month he found that with a sales volume of 600 items he had revenues of $54,000. Another month he had total costs of $20,800 on a sales volume of 400 items. He also finds that the break-even point is 20 items.
(a) Find the revenue function. (I solved this part of the question).
(b) Find the cost function. (I need help with this question).
Answer:
Revenue Function = 90x
cost function = 50x + 800
Explanation:
given data
sales volume = 600 items
revenues = $54,000
total costs = $20,800
sales volume = 400 items
break-even point = 20 items
solution
first we get here Price per unit for Revenue Function that is express as
Price per unit = [tex]\frac{total\ sale}{no\ of unit}[/tex]
Price per unit = [tex]\frac{54000}{600}[/tex]
Price per unit = $90
so here Revenue Function will be
Revenue Function = 90x .......................1
here x is sale volume
and
cost function will be
cost function = ax +b .........................2
here
a is Variable cost per unit and b is fixed cost and x is sale function
so when cost at 400 units will be
$20800 = 400a + b .......................3
and
Cost at break even point will be
$90 × 20 = 20a + b ..........................4
as here total cost = total revenue
so from equation 3 and 4 we get a and b
380a = $19000
a = $50
and
b = $20800 - 400 × 50
b = $800
so here Cost Function will be from equation 2
cost function = 50x + 800
Final answer:
Finding the cost function requires separating fixed and variable costs from the total costs. However, the provided info includes a fixed cost of $40,000 and a variable cost of $0.3 per item, which doesn't align directly with the given data of $20,800 for 400 items. Additional context may be necessary for an accurate calculation.
Explanation:
The cost function for a business based on given information about sales volume, revenue, and costs. To find the cost function, we need to understand that it typically consists of fixed costs and variable costs. Given that the total costs for 400 items sold were $20,800, we can use this information to determine the variable cost per item and the fixed cost. However, the provided information hints at a fixed cost of $40,000 and a variable cost of $0.3 per item for an ice cream bar venture, which is not directly related to the figure provided. This discrepancy suggests that more specific details or context might be needed to accurately calculate the cost function based on the given data.
Where there is a lack of good performance measures, it is difficult to motivate managers by using
A. Performance-based incentives
B. Monetary rewards
C. Compensation
D. Rewards for products46. Which of the following is a truestatement regarding performance evaluation?
Answer:
Option "A" is the correct answer.
Performance-based incentive.
Explanation:
Performance-based incentives also include financial and pre-monetary incentives to encourage well being-related actions or accomplishment of performance goals. ... To change those health-related habits, they are transmitted electronically to families or patients.
Participants are involved in incentive programs. Studies have found that incentive programs can boost job interest.Measuring performance accurately is essential for motivating managers using performance-based incentives or monetary rewards.
Explanation:When there is a lack of good performance measures, it becomes difficult to motivate managers using performance-based incentives or monetary rewards. This is because without accurate performance measures, it becomes challenging to assess and reward individual performance effectively.
For example, if incentives are based on team performance without considering individual efforts, employees may be motivated to shirk in their jobs because they can still benefit from the rewards even if others do the work. This is known as the informativeness principle, which suggests that measures reflecting individual employee effort should be incorporated into employee contracts.
Therefore, the correct option is A. Performance-based incentives.
An organization is changing to a quality assurance program that incorporates a mindset of "quality throughout the process." This is very different from its years of dependence on quality control at the end of the process. This type of change is: a Cultural change. Structural change. Product change. Organizational change
Answer:
a Cultural change.
Explanation:
This type of change can be characterized as a cultural change, due to the fact that there are changes in attitudes and mentality throughout the organizational process.
This is one of the most difficult changes to be implemented in an organization, because changing culture is changing the set of beliefs, values, habits and experiences of an organization. The culture is shared by all the parties that make up an organization, as it is defined as a belief, it is difficult for there to be change, there may be resistance on the part of managers and employees, due to the uncertainty of changing the way of carrying out an activity and its Therefore, it is necessary to have a culture change when the focus is on improving the organization.
When the resistance is broken, it is possible to have a better view of the positioning of the business, which leads to greater innovation and creativity to find solutions that help in organizational success.
This type of change whereby the organization changes to a quality assurance program that affects the production process instead of at the end of the process is A. cultural change.
What is a cultural change?A cultural change involves a change of mindset or attitude.
A cultural change is NOT:
A structural change. This involves a change to systems and structures.A product change. This requires product changes or modifications.An organizational change. This involves an alteration of a major component of its organization.Thus, the type of change involved when the organization changes to a quality assurance program that affects the production process instead of at the end of the process is a cultural change.
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Because they can move assets and jobs from country to country, MNCs typically __________ over the economies, politics, and culture of the countries in which they do business. a. Have influence b. Lack influence c. Have to run d. None of the above
Answer:
a. Have influence
Historically auditing standards have been organized into three categories, including: A) Standards of field work. B) Purpose of an audit. C) Responsibilities of the auditor. D) Proper planning and supervision
Answer:
The correct answer is letter "A": Standards of field work.
Explanation:
The Generally Accepted Auditing Standards or GAAS are the rules auditors follow when analyzing the financial statements of a company. The GAAS has three (3) main categories: general standards, standards of fieldwork, and standards of reporting. The body in charge of reviewing the GASS is the Auditing Standards Board (ASB).
Organizations set procedures for making decisions to achieve those objectives through strategic planning. a. True b. False
Answer:
The correct answer is letter "A": True.
Explanation:
Strategic planning is the systematic process of development and implementation of plans to reach a company's purposes or objectives in the long run. During this process, the core values, strengths and weaknesses, and the firm's main goals are identified.
Consider the effects of the independent transactions, a through h, on a company's balance sheet, income statement, and statement of cash flows. Complete the table below to explain the effects and financial statement linkages. Refer to Exhibit 2.10 as a guide for the linkages. a. Wages are earned by employees but not yet paid. b. Inventory is purchased on credit. c. Inventory purchased in transactions b is sold on credit (and for more than its cost). d. Collected cash from transaction c. e. Equipment is acquired for cash. f. Paid cash for inventory purchased in transaction b. g. Paid cash toward a note payable that came due. h. Paid cash for interest on borrowings.
Answer:
Explanation:
A. The Balance of Income Statement I mean Net Profit will decrease because of increase in expenses and the balance of Current Liabilities in Balance Sheet will increase because it will become salaries payable and there will be no effect on statement of cash flows.
B. This will affect gross Profit and Net Profit negatively means bot will decrease and cost of goods sold will increase, in Balance sheet it will increase current assets as inventory is asset and it will also increase current liabilities and it is purchased on Credit. and there will be not affect on statement of cash flows.
C. This will increase sales and hence Net Profit in Income Statement. The balance on Balance sheet will will increase because it is sold so accounts receivable will increase which is current asset and also as inventory is sold so inventory will decrease but it will decrease by less amount because we record inventory on cost and we have sold it for more than its cost so the value of current assets will increase as the amount of accounts receivable will be greater than the decrease of the amount of inventory. there will be no change in statement of cash flows.
D. There will be no affect on Income Statement. There willbe no change in the balance of balance sheet because the accounts receivable will decrease by the same amount as cash will increase. Balance on statement of Cash Flows will increase as the company have received cash so it will increase its cash inflows.
E. There will be no change in the Balance of Income Statement as acquisition is related to balance sheet. This will not change the overall balance of balance sheet but it will decrease the balance of current assets as cash is paid for acquisition and it will increase the balance of fixed assets as equipment is bought. But the balance of total assets will remain same. The balance of statement of cash flows will decrease because cash is paid so there is cash outflow.
F. This will not affect Income Statement. this will decrease the balance of current assets as cash is paid so it is a current asset and also it will decrease the balance of current liabilities as it was purchased on credit so accounts payable will decrease. also this will decrease the balance of statement of cash flows as it is a cash outflow.
G. This will not affect Income Statement. this will decrease the balance of balance sheet. as cash is paid so current assets will decrease and as notes payable are liabilities so it will also decrease because it has been paid off. there will be a decrease in the balance of statement of cash flows because it is a cash outflow.
H. The balance of Income statement will decrease means net profit will decrease as Interest is an expense. The Balance of Balance sheet will decrease because cash is paid and it is current asset. it will decrease the balance of statement of cash flows because it is a cash outflow.
This question discusses the effects of various transactions on a company's financial statements, including the balance sheet, income statement, and statement of cash flows.
Explanation:Effect on Balance Sheet:a. Increase in wages payable (liability)b. Increase in inventory (asset) and increase in accounts payable (liability)c. Decrease in inventory (asset) and increase in accounts receivable (asset)d. Increase in cash (asset) and decrease in accounts receivable (asset)e. Increase in equipment (asset) and decrease in cash (asset)f. Decrease in cash (asset) and decrease in inventory (asset)g. Decrease in cash (asset) and decrease in note payable (liability)h. Decrease in cash (asset) and decrease in interest expense (expense)Effect on Income Statement:c. Increase in revenue (income)h. Increase in interest expense (expense)Effect on Statement of Cash Flows:a. Increase in operating activities (cash outflow)b. No effect on cash flow statementc. Increase in operating activities (cash inflow)d. Increase in operating activities (cash inflow)e. Increase in investing activities (cash outflow)f. Decrease in operating activities (cash outflow)g. Decrease in financing activities (cash outflow)h. Decrease in operating activities (cash outflow)Learn more about Effects of Transactions on Financial Statements here:https://brainly.com/question/31233201
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In evaluating different market segments, the firm must look at two factors: the segment's overall attractiveness and the ________.
Answer: Company objective and the resources
Explanation:
For evaluating the different types of marketing segment of an organization it basically involve the two main factors such as the overall segments's attractiveness and also the main objective of the company and its resources.
By evaluating the marketing segment we can easily evaluating each segment of the company so that the company producing the desirable result according to the consumer requirements.
The company objective is one of the type of goals of the company that helps in achieving the desirable result and the opportunities. Therefore, Company objective and the resources is the correct answer.
When speaking online, you should look into the camera as if you were making eye contact with an audience that is right in front of you.
O True O False
Answer:
Yes the given statement is true.
Explanation:
When we are speaking online, you should look into the camera only to have eye contact.
Now many training sessions are conducted online, many meetings are conducted through video conferencing, etc. So it is essential to look into the camera and speak, because
the camera shows your face to the person in remoteif you look at the monitor and talk, the person who is in remote will see your eyes pointing somewhere elseYou can also take an example of taking selfie, if you look at the screen then when you are looking at your photo, your eyes will look somewhere else and not straight. So the same suit for online conversation too.
If I will receive a payment of $121 two years from now and the annual interest rate is 10 percent, the present value of the payment is:
Answer:
$100
Explanation:
The present value of a cash flow can be found by discounting the cash flow at the annual interest rate.
The formula for finding present value can be found in the attached image.
The present value can be calculated using a financial calculator.
Cash flow in year one = 0
Cash flow in year two = $121
Discount rate = 10%
Present value = $100
I hope my answer helps you
A coupon bond with a face value of $1400 that pays an annual coupon of $100 has a coupon rate equal to nothing%. (Round your response to the nearest whole number) What is the approximate (closest whole number) yield to maturity on a coupon bond that matures one year from today, has a par value of $1000, pays an annual coupon of $75, and whose price today is $1004.50?A. 6% B. 5% С. 7% D, 4% E, 8%
Answer:
Coupon rate = 7.14 %
yield to maturity = 7 %
correct answer is С. 7%
Explanation:
given data
face value = $1400
annual coupon = $100
par value of $1000
annual coupon = $75
today price = $1004.50
solution
we get here first coupon rate that is
Coupon rate = [tex]\frac{annual\ coupon}{face\ value}[/tex] ...........1
Coupon rate = [tex]\frac{100}{1400}[/tex]
Coupon rate = 7.14 %
and
we get here yield to maturity that is
yield to maturity = [ annual coupon + ( par value - today price ) ] ÷ today price ...................2
put here value
yield to maturity = [tex]\frac{75 + (1000-1004.50)}{1004.50}[/tex]
yield to maturity = 0.070184 = 7 %
so correct answer is С. 7%
Visitors spend a greater amount of time at portal sites than they do at most other types of Web sites, which is attractive to advertisers. Sites conducting monetizing campaigns are unconcerned about visitor backlash.
Answer:
Visitors spend a greater amount of time at portal sites than they do at most other types of Web sites, which is attractive to advertisers. TRUE
Sites conducting monetizing campaigns are unconcerned about visitor backlash. FALSE
Explanation:
The first statement is true, as portals provide a great pace for advertisers to place their ads and marketing messages. Portals are places where people come with a specific purpose (usually loosely related to the marketing niche of the advertiser), so marketing messages can be subtly placed on portal sites.
The second statement is false, because if the dissatisfied visitors stop visiting the site, it would lose its audience. If that happened, they would not be able to conduct those campaigns in the first place, as no advertiser would get the incentive to communicate marketing messages to a smaller, decreased audience.
Linda inherited a sum of $50,000 from one of her grandparents. She would like to wisely invest the inheritance in one of the following three investment opportunities available for a period of 10 years. Help choose the best investment opportunity for Linda from the following alternatives:i) 9% compounded quarterly.ii) 8.90% compounded hourly.iii) 8.95% compounded monthly.
Answer:
Comparison shows that the best investment is 8.95% compounded monthly. (Part C or Number 3 option is best)
Explanation:
General Formula For Future Value:
[tex]FV=PV(1+\frac{i}{n})^{n*k}[/tex]
Where:
FV is the future Value
PV is the present Value
i is the interest rate
n is the compound interest period
k is the Total number of years
Part A:
when i=9% . Using above formula:
n is the quarters in 1 year=4
[tex]FV=\$50,000(1+\frac{0.09}{4})^{4*10}\\ FV=\$121,759.4488[/tex]
Part B:
when i=8.90% . Using above formula:
Considering year of 365 days
n is the hours in 1 year=24*365=8760 hr/year
[tex]FV=\$50,000(1+\frac{0.089}{8760})^{8760*10}\\ FV=\$121,755.9321[/tex]
Part C:
when i=8.95% . Using above formula
n is the months in 1 year=12 months
[tex]FV=\$50,000(1+\frac{0.0895}{12})^{12*10}\\ FV=\$121,961.0711[/tex]
The above comparison shows that the best investment is 8.95% compounded monthly. (Part C or Number 3 option is best)
The investment with 8.90% interest compounded hourly offers the highest return and is the best choice for Linda's investment.
Explanation:The subject matter relates to the mathematical concepts of interest compounding and financial management. Here, we need to determine which investment option will yield the highest return after 10 years.
The formula for compound interest is A = P(1 + r/n)^(nt), where:
A is the amount of money accumulated after n years, including interest.P is the principal amount (the initial amount of money).r is the annual interest rate (in decimal).n is the number of times interest is compounded per year.t is the time the money is invested or borrowed for, in years.We can plug in the given values for each opportunity and compare the results:
For the first opportunity: A = 50000(1 + 0.09/4)^(4*10)For the second opportunity: A = 50000(1 + 0.089/8760)^(8760*10)For the third opportunity: A = 50000(1 + 0.0895/12)^(12*10)After calculating, we'll find that the second opportunity provides the highest return, thus is the best choice for Linda.
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A common feature of skiing is waiting in lift lines.
Does the existence of lift lines mean the price is not working to allocate the scarce resource? If so, what should be done about it?
Answer:
The price should be increased to achieve a balance between supply and demand.
Explanation:
If visitors have to wait long for lift, this suggests that the demand is not matching the supply. In fact demand seems to be higher than supply which causes long wait for lift. An increase in price will cause the demand to fall and hence the supply will meet the demand and would result in less waiting for lifts.