Answer:
The key to a successful organization is to have a culture based on a strongly held and widely shared set of beliefs that are supported by strategy and structure. When an organization has a strong culture, three things happen: Employees know how top management wants them to respond to any situation, employees believe that the expected response is the proper one, and employees know that they will be rewarded for demonstrating the organization's values.
HR has a vital role in perpetuating a strong culture, starting with recruiting and selecting applicants who will share the organization's beliefs and thrive in that culture. HR also develops orientation, training and performance management programs that outline and reinforce the organization's core values and ensures that appropriate rewards and recognition go to employees who truly embody the values.
This article covers the following topics:
The importance of having a strong organizational culture.
HR's role in fostering a high-performance culture.
Definitions of organizational culture.
Factors that shape an organization's culture.
Considerations in creating and managing organizational culture.
HR practices to ensure the continuity and success of an organization's culture.
Communications, metrics, legal, technology and global issues pertaining to organizational culture.
Explanation:
Which of the following statements is most correct? Group of answer choices The percentage flotation cost associated with issuing new common equity is typically smaller than the flotation cost for new debt. The WACC is an estimate of the cost of all the capital a company had raised in the past. The WACC is an estimate of a company’s before-tax cost of capital. There is an "opportunity cost" associated with using retained earnings.
Answer:
There is an "opportunity cost" associated with using retained earnings hence, they are not free
Explanation:
The opportunity cost is the cost that are incurred to gain a better thing by sacrificing the other thing among the other alternatives.
And, the retained earning is the amount which is left after pay off to the shareholders
Therefore the last statement is correct both of them are associated with each other
And the other options are incorrect
Which of the following statements is FALSE? A. Investments with higher volatility have rewarded investors with higher average returns. B. Volatility seems to be a reasonable measure of risk when evaluating returns on large portfolios and the returns of individual securities. C. Riskier investments must offer investors higher average returns to compensate them for the extra risk they are taking on. D. Investments with higher volatility should have a higher risk premium and, therefore, higher returns.
Answer: B. Volatility seems to be a reasonable measure of risk when evaluating returns on large portfolios and the returns of individual securities.
Explanation: Over time, investment with high degree of volatility, which refers to the rapid unpredictability associated with the price or value of an investment seems to have ditched out higher returns and risk premium on those investment to investors in other to reward them for making such unpredictable investment. This said, the risk associated with an investment plays a huge factor in determining the average return issued to investors as higher risk investment attracts higher returns. However, when evaluating large portfolios and return of individual securities, volatility such not be used as a reasonable determinant of the risk associated with such investment as the large portfolios and individual securities are usually prone to unpredictability which should not be translated to the probability that such investment will result in loss of capital.
In the second case study, why did the court MOST likely feel that the agent's limited dealings with the buyer did not constitute the creation of an agency? A) The agent never spoke directly with the buyer. B) Dual agency is illegal. C) The buyer and agent did not complete an agency agreement, either oral or written. D) The buyer did not like the agent from the very beginning.
Answer:
C) The buyer and agent did not complete an agency agreement, either oral or written.
Explanation:
Agency agreement, which is a binding contract between an agent and another person, (most likely a buyer) is an important document which helps to establish the relationship between both and the agency which renders the help. Since, there was no agreement whether oral or written, their dealings do not constitute the creation of an agency.
Vasudevan Inc. recently reported operating income of $2.90 million, depreciation of $1.20 million, and had a tax rate of 40%. The firm's expenditures on fixed assets and net operating working capital totaled $0.6 million. How much was its free cash flow, in millions?
Answer:
2.34 million
Explanation:
Vasudevan incorporation reported an operating income of $2.90 million
The depreciation is $1.20 million
The tax rate is 40%
= 40/100
= 0.4
The firm's expenditure on fixed assets and net operating working capital is $0.6 million
Therefore, the free cash flow can be calculated as follows
Free cash flow= operating profit-tax+depreciation-expenditure
= 2.90-(2.90×0.4)+1.20-0.6
= 2.90-1.16+1.20-0.6
= 2.34
Hence the free cash flow is 2.34 million
Ultra Big Corporation, Inc. is preparing its annual report for shareholders. The statement of cash flows, which is included in the report, shows that the company sold one million shares of stock but repurchased half a million of those shares. It also shows that the company issued a ten-cent per share dividend. Where would this information be found on the statement of cash flows?
Answer:
Cashflow from financing activitues
Explanation: A company's statement of cashflow refers to a concise and segmented financial statement broken into three parts namely the operations, financing and investing activities showing changes in the account and cash inflow and outflow from the company's dealings. The scenario stated stated above would be recorded under the cashflow from financing activities as it is that part of the cashflow statement which shows net cashflow utilized in funding activities. This section contains financial cashflow on income from Issuance of debt or bond, stock repurchase and payment of Dividend which are all highlighted in the scenario above.
Anchor Resort and Casino requires its casino dealers to have licenses, observes them using closed-circuit TV, and requires detailed reports at the end of each shift. This organization has overcome the control system barrier of
Complete Question:
Anchor Resort and Casino requires its casino dealers to have licenses, observes them using closed-circuit TV, and requires detailed reports at the end of each shift. This organization has overcome the control system barrier of?
Group of answer choices
A) too much control.
B) overemphasis on paperwork.
C) overemphasis on means instead of ends.
D) overemphasis on one instead of multiple approaches.
E) too little participation.
Answer:
D) overemphasis on one instead of multiple approaches.
Explanation:
In this scenario, Anchor Resort and Casino requires its casino dealers to have licenses, observes them using closed-circuit TV, and requires detailed reports at the end of each shift.
Hence, this organization has overcome the control system barrier of overemphasis on one instead of multiple approaches.
This ultimately implies that, Anchor Resort and Casino has a variety of ways to ensure that its dealers are operating in line with set rules, standards, guidelines and policy of the company, so as to achieve organizational aims, goals and objectives successfully.
The multiple approach of the control system includes;
1. The casino dealers are expected to possess a license.
2. The casino dealers are being monitored through a closed-circuit TV (CCTV).
3. The casino dealers are required to give detailed reports at the end of each shift.
For example, if the total cost of producing three units of output is $2,498 and the total cost of producing four units of output is $3,087, then the marginal cost of the fourth unit is
Answer:The marginal cost of fourth unit is $589
Explanation:The marginal cost of a good is defined as the cost of producing an additional one unit which increases the total cost of such good. Therefore we can say that;
Marginal cost=Total cost at 4 units - total cost at (4-1) units
=total cost of the 4 units - total cost of the three units
=3,087 -2,498
=$589
Also using the formulae;
Marginal cost = Change in cost / change in quantity
= 3,087 -2,498/4-3 =589/1= $589
The marginal cost of fourth unit is $589
At his current level of output, a monopolist has an MR of $10, an MC of $6, and an economic profit of zero. If the market demand curve is downward sloping and his marginal cost curve upward sloping, the monopolist:_______
Answer:
The monopolist is in the long run.
Explanation:
The monopolist is in the long run because, in the long run, a monopolist earns or gets zero economic profit. In the short run, it earns supernormal profit that attracts the new firms into the market and this entry continues until the economic profit becomes zero and in the long run, its price is equal to the average total cost. Moreover, the average total cost curve becomes tangent to the demand curve in the long run.
Modern quality management approaches recognize the importance that quality: Group of answer choices Is planned, built, and inspected into the product, service, or result. Does not cost to plan and implement into the project. Is best implemented through inspection the project final deliverables. Requires constant, vigilant inspection.
Answer:
Processes and activities of the performing organization that determine quality policies, objectives and responsibilities so the project will satisfy the needs for which it was undertaken.
Uses policies and procedures to implement, the organization's quality management system and it supports continuous process improvement activities as undertaken on behalf of the performing organization. It works to ensure that the project requirements, including product requirements are met and validated.
Addresses the management of the project and the deliverables of the project. Applies to all projects, regardless of the nature of their deliverables. Quality measures and techniques are specific to the type of deliverables being produced by the project.
For example, software deliverables may use different approaches and measures vs building a nuclear power plant. In either case, failure to meet the quality requirements can have serious, negative consequences for any or all of the project's stakeholders.
Meeting customer requirements by overworking the project team may result in increased profits and increased project risks, employee attrition, errors, or rework
Meeting project schedule objectives by rushing planned quality inspections may result in undetected errors, decreased profits, and increased post-implementation risks
Explanation:
Processes and activities of the performing organization that determine quality policies, objectives and responsibilities so the project will satisfy the needs for which it was undertaken.
Uses policies and procedures to implement, the organization's quality management system and it supports continuous process improvement activities as undertaken on behalf of the performing organization. It works to ensure that the project requirements, including product requirements are met and validated.
Addresses the management of the project and the deliverables of the project. Applies to all projects, regardless of the nature of their deliverables. Quality measures and techniques are specific to the type of deliverables being produced by the project.
For example, software deliverables may use different approaches and measures vs building a nuclear power plant. In either case, failure to meet the quality requirements can have serious, negative consequences for any or all of the project's stakeholders.
Meeting customer requirements by overworking the project team may result in increased profits and increased project risks, employee attrition, errors, or rework
Meeting project schedule objectives by rushing planned quality inspections may result in undetected errors, decreased profits, and increased post-implementation risks
An issuer has filed a registration statement with the SEC, but the registration is not yet effective. The issuer subsequently files additional documentation with the SEC to meet its "full and fair disclosure" obligation. Any agent that is contacting a potential customer to buy the issue must provide the customer with the:
Answer: Preliminary prospectus; Prospectus supplement
Explanation:
From the question, we are informed that an issuer has filed a registration statement with the SEC, but the registration is not yet effective and that the issuer subsequently files additional documentation with the SEC to meet its "full and fair disclosure" obligation.
It should be noted that any agent that is contacting a potential customer to buy the issue must provide the customer with the preliminary prospectus and the prospectus supplement.
A BD application is received by the State Administrator for a new broker-dealer subsidiary of a British securities firm. The application includes the disclosure that the parent firm was suspended from membership on the London Stock Exchange 4 years ago because of unauthorized trading by its Singapore branch. The State Administrator:_______.
Answer:
B. Can deny registration based on the suspension by the foreign regulator.
Explanation:
Section 204 of the Uniform Securities Act part H1 states that if an applicant has been convicted of the violation of the laws of a foreign jurisdiction governing or regulating any aspect of the securities and banking business within the past five years or has been the subject of an action meted by any of these bodies such as being denied, suspended, or revoked the right to do business as a broker-dealer, agent or investment banker by a self-regulatory organization or any organization acting under the securities act, the State Administrator reserves the right to by order, deny, suspend or revoke his application.
The Uniform Securities Act was formed to regulate and receive applications from interested applicants on securities on the state level. In the question above, since the applicant was suspended from membership on the London Stock Exchange 4 years ago because of unauthorized trading by its Singapore branch, the Administrator would be acting within his rights if he denied the registration.
Effects of the launching of Sputnik included:________
a. protests about excessive government
b. spending tax cuts that were meant to stimulate a faltering economy
c. a loss of credibility for the scientists of the Soviet Union
d. calls for more funding for science education in America the growth of the antiwar movement
Answer:
Option D
Calls for more funding for science education in America the growth of the antiwar movement
Explanation:
Due to the cold war, the need for superiority in science and technology was created, and the U.S and Russia were the two countries running the arms race to gain superiority. When Russia launched the first rocket into space, The US responded by channeling funds into research and development. This was done in order to launch their own satellite into space as well. This was achieved a few years later with the launching of the Explorer 1
According to the video which abilities and skills do human resources managers need to have
Answer:
in depth knowledge of the companys product,
Explanation:
everything else isn't needed
The answers are C,D,E
Sensitivity to other people's needs
Speaking Skills
Writing Skills
function of the money.
Answer:
The function of money is that it allows us to buy things and exchange it for things we want.
External government debt is: Multiple Choice government debt owed to individuals in foreign countries. government debt owed by one branch of the government to another. government debt owed to its own citizens. debt that individuals in foreign countries owe to the U.S. government.
Answer:
The correct answer is option A (government debt owed to individuals in foreign countries).
Explanation:
This applies to interest earned from some kind of creditor or outside nation, this must be repaid throughout the commodity these were invested in. External debt may be collected through foreign banking institutions, from global banking organizations including the World Bank, respectively., as well as from sovereign governments.Some other alternatives given don't apply to the cases in question. So answer A is a good one.
The Mars acquisition of the Wrigley assets was part of its related constrained diversification and added market share to the
Answer:
Mars Wrigley Integrated Firm
Explanation:
This acquisition provided the extended reach to the company, as with this merger of both the companies, there are certain assured benefits:
1) Increase in sales value by selling at a price higher than the prevailing price in the market, or
2) Decreasing the cost of product manufacturing as prevailing in the industry for that product.
This joint would automatically gain the major share in the market as with increase in profits and diversification in providing goods, expands the company in all respects.
purchased inventory for $4,900 and also paid a $430 freight bill. JC Manufacturing returned 30% of the goods to the seller and later took a 1% purchase discount. Assume JC Manufacturing uses a perpetual inventory system. What is JC Manufacturing's final cost of the inventory that it kept? (Round your answer to the nearest whole number.)
Answer:
Final cost of Inventory $3,845.30
Explanation:
Calculation for the JC Manufacturing's final cost of the inventory that it kept
JC Manufacturing's final cost of inventory
Purchase Cost of inventory $4,900
Less Purchase returns and allowance ($1,470)
(30%*$4,900)
Less Purchase return ($14.70)
(1%*$1,470)
Add freight in $430
Final cost of Inventory $3,845.30
Therefore the Final cost of Inventory will be $3,845.30
Kate's Diner offers one breakfast item, a breakfast special. The market price for this meal is $5. At her profit-maximizing level of output, Kate's average variable cost is $4 per meal. Her average total cost is $6 per meal. Since the market is perfectly competitive, Kate should ________.
Answer:
keep producing in the short run but exit the industry or go out of business in the long run
Explanation:
A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
A firm should shut down in the short run if price is less than average variable cost. But since the diner's price is greater than average variable cost, it should continue production.
A firm should exit the industry in the long run if price is less than average total cost. the diner's price is less than average total cost, so it should shut down in the long run
If a typical U.S. company correctly estimates its WACC at a given point in time and then uses that same cost of capital to evaluate all projects for the next 10 years, then the firm will most likely
Available Options Are:
A. Become riskier over time, but its intrinsic value will be maximized.
B. Become less risky over time, and this will maximize its intrinsic value.
C. Accept too many low-risk projects and too few high-risk projects.
D. Become more risky and also have an increasing WACC. Its intrinsic value will not be maximized.
E. Continue as before, because there is no reason to expect its risk position or value to change over time as a result of its use of a single cost of capital.
Answer:
Option D. Become more risky and also have an increasing WACC. Its intrinsic value will not be maximized.
Explanation:
The reason is that different projects require different level of funding. If we are not increasing Debt and Equity at the same proportion for funding all the projects then we are actually increasing our WACC which means that the acceptability of the projects will not be appropriate here. The risk profile of all individual projects also matter because we use Ke cost of equity to calculate the WACC, which is calculated using the CAPM formula. And Beta Asset is the risk of the individual project industry which is used in the CAPM formula. All this increases the WACC which shows that the risk profile of the company has grown upwards.
Furthermore, if the WACC is higher then the intrinsic value of the projects can not be maximized and that's the reason why most firms try to have optimal level of capital structure (Percentage of equity and debt that gives lowest WACC).
Hence the option D is correct.
The accountant for Crusoe Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year $ 127,500 Cash dividends declared for the year 47,500 Proceeds from the sale of equipment 82,500 Gain on the sale of equipment 7,300 Cash dividends payable at the beginning of the year 19,500 Cash dividends payable at the end of the year 21,800 Net income for the year 93,500 What is the ending balance for retained earnings
Answer:
Explanation:
Retained earning is the amount of net income left for the business owners after paying out dividends to its shareholders , which can be utilized for further expansion as the strategy may require .
To calculate the retained earning for a particular period , the opening retained earning is added to the loss or profit and the dividends payout subtracted
Retained earning = Opening retained earning + net income - dividends paid
127,500+ 93,500 - 47,500
127,500+93,500 -47,500 = 173,500.
Forrest is considering moving his business from a bricks-and-mortar and online establishment to a purely e-business. He is considering this move because the bricks-and-mortar business is not receiving sufficient foot traffic to keep it operational, but the online operation is creating significant revenues. By moving his inventory to an industrial building, customers that still want to pick-up merchandise in person may do so, but he will save on the expenses associated with curb-appeal. He believes he will also be able to operate the business with fewer people and, when closing time comes, can turn off the lights, close the door and leave, but orders can still be placed due to the 24-hour nature of the Internet. Based on the information given, what is the primary environmental force moving Forrest away from a bricks-and-mortar establishment to a purely e-business
Answer:
The Internal environment forces
Explanation:
The internal environment forces are the factors within the organization that directly impact on the daily operational activities of an organization.
Looking at the situation of Forrest as described in the scenario , we can see that the major changes that it will introduce by migrating to a purely e business like using few people, reduced administrative and operating expenses , 24 hours ordering are majorly internal activities , which will address the areas that could have been hindering its efficiency in the previous business activities.
"Jan is most efficient at making braided bracelets, Martin is most efficient at making clay pots, and Marcus is most efficient at making beaded necklaces. Martin likes all three items. Which good should Martin specialize in making
Answer: clay pots
Explanation:
From the question, we are informed that Jan is most efficient at making braided bracelets, Martin is most efficient at making clay pots, and Marcus is most efficient at making beaded necklaces and that Martin likes all three items.
The good that Martin should specialize in making is cost pots. This is because he is most efficient at producing that.
An increase in the money supply will: Group of answer choices increase interest rates and increase the equilibrium GDP. lower interest rates and increase the equilibrium GDP. increase interest rates and lower the equilibrium GDP. lower interest rates and lower the equilibrium GDP.
Answer:
Option B, lower interest rates and increase the equilibrium GDP.
Explanation:
Option B is correct because the increase in the money supply will reduce the interest rate and increase the real GDP or output on the country because the rise in the money supply will results in more money in the hand of people. Therefore, more investment and production will be done in the economy. Thus, a rise in the production of output in the economy will result in the rise of GDP
A prospective homebuyer signs a brokerage agreement under which the real estate company will help the client find a three-bedroom house in the $185,000 to $200,000 price range. A seller comes into the real estate company's office and signs a listing agreement in which the real estate company will act as the seller's agent to sell a two-bedroom condominium for $170,000. Based on these facts, which statement is TRUE
Options:
a.) The buyer is the real estate professional's client; the seller is the real estate professional's customer.
b.) The buyer is the real estate professional's customer; the seller is the real estate professional's client.
c.) While both the buyer and the seller are clients, the real estate professional owes the fiduciary duties of an agent only to the seller.
d.) Because both the buyer and the seller are the real estate professional's clients, the real estate professional owes the fiduciary duties of an agent to both
Answer: d.) Because both the buyer and the seller are the real estate professional's clients, the real estate professional owes the fiduciary duties of an agent to both
Explanation: According to the scenario above, both the buyer and the seller are clients of the real estate professional and as such service providers or professionals have moral and ethical obligations which must be performed in other to avoid situations which could compromise the integrity and professionalism of the real estate personnel. Therefore the real estate professional owes both the seller and buyer fiduciary duties (ethical relationship) and hence should deal with fairness between them.
The global-standardization strategy arises out of the combination of: Question 7 options: 1) high pressure for cost reductions and low pressure for local responsiveness. 2) high pressure for local responsiveness and low pressure for cost reductions. 3) low pressure for both local responsiveness and cost reductions. 4) high pressure for both local responsiveness and cost reductions
Answer:
The correct answer is the option 1: high pressure for cost reductions and low pressure for local responsiveness.
Explanation:
To begin with, the concept known as "Global Standardization", in the field of marketing and business, refers to the strategy that the companies can use when they decide to implement the same marketing strategy or campaign to every country in where the organization works. Therefore that the term refers to the standardization of the strategy that the company use in the marketing area to the whole globe due to the fact that mainly they look for the reduction of the costs and also because the pressure from the local responsiveness from the other foreign countries tend to be very low.
ABC is a Medicare Advantage (MA) plan sponsor. It would like to use its enrollees’ information to market non-health related products such as life insurance and annuities. To do so it must obtain authorization from the enrollees. Which statement best describes the authorization process?
Answer is given below
Explanation:
The Medical insurance company provided all consent knowledge to the patient or beneficiary. It should be well defined so that it can dispel all the doubts of the beneficiary. Must have a valid registration page. The beneficiary should give all the information related to the company. and the registration page should ask for all the information needed for a future claim. There should be a proper definition of coverage of illnesses and risks so that the beneficiary has no doubt.Answer:
Authorization may be obtained by directing a beneficiary to a website to provide consent as long as the website includes a mechanism for an electronic signature that is valid under applicable law
Explanation:
Which profession do you prefer ro choose for your career?Engineer or Architect? Why?
Answer:
Architects
Explanation:
In my opinion,
Architects create new design concepts that push how modern day construction is executed.Architecture is one of the few professions that is never static.” Recently, architects have become more and more concerned with environmental and socially responsible building practices and materials.The freedom of resource owners to dispose of their resources as they think best; of workers to enter any line of work for which they are qualified; and of consumers to spend their incomes in whatever way they feel is most appropriate:
Answer:
Freedom of choice.
Explanation:
The freedom of resource which allow owners to dispose of their resources as they think best; of workers to enter any line of work for which they are qualified; and of consumers to spend their incomes in whatever way they feel is most appropriate: is generally referred to as the freedom of choice.
Freedom is one of the essential virtues or elements of a typical market system amongst incentives and efficiency.
A freedom of choice avails individuals and organizations the opportunity or privilege to make decisions and reasoned selection as they deem it fit.
PIOs should A. request additional assistance through the National Public Information Support Network. B. seek media release approval from the Communication Unit Leader. C. compile a go kit to allow for lengthy deployments to a long-term incident. D. report to the Finance/Admin Section Chief when arriving at an incident.
Answer:
B. seek media release approval from the Communication Unit Leader.
Explanation:
A PIO (public information officer) is responsible for managing communications with the media, public and other agencies regarding information on incidents. Before media releases the PIO is to first obtain approval from the incident commander as well as limits on the information to the released. PIO are also responsible for interviews and briefings regarding briefings, manage media and public inquiries, monitor information being reported so as to ensure accuracy
Which of the following is the best example of the use of automation?: (A) A garment sewn by an operator at a sewing machine. (B) A letter written by a secretary using a computer. (C) An automobile painted by a computer-directed robot on an assembly line. (D) A medical assistant drawing blood from a patient's arm.
Answer:
c
Explanation:
no humans