An employee categorized as a Corporate Citizen is most likely to focus on satisfaction with rewards.
Corporate Citizens are individuals who actively engage in their work and the organization, demonstrating a strong commitment to the company's values, goals, and overall success. They are team players who prioritize collaboration, cooperation, and a sense of belonging within the organizational culture.
As Corporate Citizens, they view themselves as an integral part of the company and its mission, working diligently to contribute to its success. In terms of rewards, they value recognition, fair compensation, and opportunities for career growth and development. They are motivated by a sense of purpose and the belief that their contributions are valued and rewarded appropriately. Satisfaction with rewards aligns with their commitment and dedication to the organization, reinforcing their sense of being a valued member of the team.
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A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $205 per pair and cost $164 per pair in variable costs to make.
(1) Compute the contribution margin per pair.
Sales Variable cost Contribution margin (2) Compute the contribution margin ratio.
Contribution margin:
The contribution margin is the resulting figure after deducting the variable costs from sales. The contribution margin is the amount that is left to cover for the company's fixed expenses. If the contribution margin is greater than the company's fixed costs, then the company is earning.
(1) Contribution margin per pair of jeans: $41
(2) Contribution margin ratio for Slims jeans: 20%
(1) To compute the contribution margin per pair of jeans, we need to subtract the variable cost per pair from the selling price per pair.
Contribution margin per pair = Selling price per pair - Variable cost per pair
Selling price per pair = $205
Variable cost per pair = $164
Contribution margin per pair = $205 - $164 = $41
Therefore, the contribution margin per pair of jeans is $41.
(2) To compute the contribution margin ratio, we divide the contribution margin per pair by the selling price per pair.
Contribution margin ratio = (Contribution margin per pair / Selling price per pair) x 100
Contribution margin ratio = ($41 / $205) x 100 = 20%
Therefore, the contribution margin ratio for the Slims jeans is 20%.
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The following information relates to Vane City during the year ended December 31, 2008:
1. On October 31, 20X8, to finance the construction of a city hall annex, Vane issued 8 percent, 10-year general obligation bonds at their face value of $800.000. A contractor's bid of $750,000 was accepted for the constraction. By year end, one third of the contract had been completed at a cost of $246.000, all of which was paid on January 5, 20x9
2. Vane collected $109.000 from hotel room faces restricted for tourist promotion in a special revenue fund. The fund incurred and paid $81,000 for general promotions and $22,000 for a motor vehicle. Estimated revenues for 2008 were $112,000, appropriations were expected to be $108.000
3. General fund venues of $312.500 for 20X8 were transferred to a debt service fund and used to repay $300,000 of 9 percent, 15 year term bonds, which matured in 2008, and to repay $11.500 of matured interest. The bond proceeds were used to construct a Offzens center
4. At December 31, 2018 Vane was responsible for $83.000 of outstanding encumbrances in its general fund The city uses the nonlapsing method to account for its outstanding encumbrances
5.Vane uses the purchases method to account for supplies in the general tund. At December 31, 2008, an inventory indicated that the suppilles viventory was $42,000. At December 31, 2007, the supplies inventory was $45.000.
Required
For each numbered em above make all the journal entries is all funds affected for the year ended December 31, 2018 Do not k wy adjusting closing endtes for Heims (2) and C) (Select the appropriate fund for each situation. If no entry is required for e transection/event, select "No journal entry required in the first account field)
Journal entries known as closing entries are those that are made at the conclusion of an accounting period to shut temporary accounts and move their balances to permanent accounts.
1. General Obligation Bond Issued for $800,000.000
Account Title Debit Credit
Cash 800,000
General Obligation Bond Payable 800,000
2. Collection of $109,000 for Special Revenue Fund
Account Title Debit Credit
Cash 109,000
Revenue-Control 109,000
Transfer to Special Revenue Fund for $81,000
Account Title Debit Credit
Special Revenue Fund 81,000
Revenue-Control 81,000
Transfer to Special Revenue Fund for $22,000
Account Title Debit Credit
Special Revenue Fund 22,000
Expenditures-Control 22,000
3. Transfer to Debt Service Fund
Account Title Debit Credit
Debt Service Fund 311,500
Transfer from General Fund 312,500
Payment of 9%, 15-Year Term Bonds Matured in 2008
Account Title Debit Credit
General Fund 300,000
Cash 300,000
Payment of Matured Interest
Account Title Debit Credit
General Fund 11,500
Cash 11,500
4. Nonlapsing Method of Accounting for Outstanding Encumbrances
Account Title Debit Credit
Encumbrances-Control 83,000
Budgetary Fund Balance 83,000
5. Use of Purchases Method for Accounting of Supplies
Account Title Debit Credit
Supplies Inventory 42,000
Expenditures-Control 3,000
Budgetary Fund Balance 39,000
Adjustment of Supplies Inventory to Actual Value
Account Title Debit Credit
Supplies Expense 3,000
Supplies Inventory 3,000
There is no need for adjusting closing entries in (2) and (3) transactions.
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The AZ company has received a contract to provide ticketing system for the outdoor theme park at Gombak Water-world. They plan to propose a computer system equipment for use in the 25-years contract. The equipment is expected to cost RM220,000. Assume the recovery period for this system is 5 years.
(i) Calculate the annual depreciation amount and book value by using 150% Decline Balance method DB.
(ii) Refer to the result in Q1(b)(i), determine the book value at the end of year 2 and year 5.
Once we have the book values at the beginning of year 2 and year 5, we can calculate the accumulated depreciation at the end of each year and subtract it from the initial cost to find the book value.
(i) The annual depreciation amount using the 150% Declining Balance (DB) method can be calculated by dividing the initial cost of the equipment by the recovery period (in years) and multiplying it by the depreciation rate. In this case, since we are using the 150% DB method, the depreciation rate will be double the straight-line depreciation rate.
Depreciation rate = (2 / Recovery period) = (2 / 5) = 0.4 or 40%
Annual depreciation amount = Depreciation rate * Book value at the beginning of the year
In the first year, the book value is equal to the initial cost of the equipment, which is RM220,000. So, the annual depreciation amount for the first year will be:
Annual depreciation amount = 0.4 * RM220,000 = RM88,000
(ii) To determine the book value at the end of year 2 and year 5, we need to subtract the accumulated depreciation from the initial cost of the equipment.
In the 150% Declining Balance method, the accumulated depreciation at the end of each year can be calculated by multiplying the depreciation rate by the book value at the beginning of the year.
Book value at the end of year 2 = Initial cost - Accumulated depreciation at the end of year 2
Book value at the end of year 5 = Initial cost - Accumulated depreciation at the end of year 5
Accumulated depreciation at the end of year 2 = Depreciation rate * Book value at the beginning of year 2
Accumulated depreciation at the end of year 5 = Depreciation rate * Book value at the beginning of year 5
To calculate the book values at the end of year 2 and year 5, we need the book values at the beginning of each year. Using the 150% DB method, the book value at the beginning of each year can be calculated by subtracting the accumulated depreciation from the initial cost.
Book value at the beginning of year 1 = RM220,000 (initial cost)
Book value at the beginning of year 2 = Initial cost - Accumulated depreciation at the end of year 1
Book value at the beginning of year 3 = Initial cost - Accumulated depreciation at the end of year 2
Book value at the beginning of year 4 = Initial cost - Accumulated depreciation at the end of year 3
Book value at the beginning of year 5 = Initial cost - Accumulated depreciation at the end of year 4
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Kimberly secured a 6-year car lease at 5.60% compounded annually that required him to make payments of $886.85 at the beginning of each month. Calculate the cost of the car if he made a downpayment of $3,750.
The total cost of the automobile would be roughly $70,887.31 if monthly payments of $886.85 were made for 72 months and a down payment of $3,750 were made.
To determine the cost of the vehicle, we must account the monthly payments made during the 6-year lease period as well as the down payment. To calculate the entire cost, we'll apply the calculation for the future value of an ordinary annuity.
The monthly payments are $886.85, and because they are made at the start of each month, they might be considered an annuity due. The interest rate each period is 5.60% / 12 months = 0.4667% per month, and the number of periods is 6 years * 12 months/year = 72 months.
Using the following formula to calculate the future value of an ordinary annuity:
FV = [(1 + r)n - 1] * [(1 + r)n - 1] / r
Where FV = Future value (vehicle total cost)
PMT stands for monthly payment.
r = Periodic interest rate n = Number of periods
Future value calculation:
FV = $886.85 * [(1 + 0.004667)^72 - 1] / 0.004667 = $886.85 * (1.353313 - 1) / 0.004667 = $886.85 * 0.353313 / 0.004667 = $886.85 * 75.798
FV ≈ $67,137.31
Adding the $3,750 down payment:
FV + down payment = $67,137.31 + $3,750 = $70,887.31.
As a result, the automobile would cost around $70,887.31.
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A U.S. company has British pound 2 million payables in 90 days. The company decide to use option contracts to manage its FX risk from this international transaction and has the following information about the option contracts. A 90 day call option contract for BP 2 million with strike rate = $1.74/BP, call premium per British pound is $0.02 A 90 day put option contract for BP 2 million with strike rate = $1.75/BP, put premium per British pound is $0.02
Calculate US$ cost or US$ net revenue of the US company at the expiration date of the option based on the decision
Group of answer choices
a. $3.54 million
b. $3.52 million
c. $3.48 million
d. $3.56 million
The US$ cost or US$ net revenue of the US company at the expiration date of the option, based on the decision to exercise the call option, is $3.52 million. Option B.
To calculate the US$ cost or US$ net revenue of the US company at the expiration date of the option, we need to consider the two option contracts separately.
Call option contract:
The strike rate for the call option is $1.74/BP, and the premium per British pound is $0.02. Since the company has payables of BP 2 million, it can exercise the call option to buy BP 2 million at the strike rate.
Cost of exercising the call option:
BP 2 million * $1.74/BP = $3.48 million
Premium paid for the call option:
BP 2 million * $0.02/BP = $40,000
Total cost with the call option:
$3.48 million (exercise cost) + $40,000 (premium) = $3.52 million
Put option contract:
The strike rate for the put option is $1.75/BP, and the premium per British pound is $0.02. With the put option, the company has the right to sell BP 2 million at the strike rate.
At the expiration date, if the exchange rate is lower than the strike rate, it would be beneficial to exercise the put option and sell at the higher strike rate. However, since the company has payables in British pounds, exercising the put option would not result in a net revenue. Therefore, we can assume that the put option is not exercised.
Overall, the US$ cost or US$ net revenue of the US company at the expiration date of the option, based on the decision to exercise the call option, is $3.52 million. So Option B is correct.
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In March, A Company’s department started 94,000 units and 67,000 units were completed. The units in ending WIP were 1/3 complete. The equivalent units of production will be:
a. 9,000 units
b. 7,500 units
c. 4,500 units
d. 8,000 units
The correct option is d) 8,000 units. The equivalent units of production will be 8,000 units.
Given, The number of units that A Company's department started = 94,000The number of units that were completed = 67,000The units in ending WIP were 1/3 complete.Therefore, the equivalent units of production can be calculated as follows:Equivalent units of production = (Number of units completed) + (Ending WIP units × Percentage of completion)In this case, the percentage of completion is 1/3 = 0.33.Ending WIP units = 94,000 – 67,000 = 27,000Therefore, the equivalent units of production are:Equivalent units of production = 67,000 + (27,000 × 0.33) = 75,210 ≈ 75,000Hence, the correct option is d) 8,000 units. The equivalent units of production will be 8,000 units.
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Using the most recently available financial statements, fill in the following:
Company: Norton Life Lock
Ticker: NLOK
Sales in $ millions:
Pre-tax income in $ millions:
Effective tax rate:
Net Income in $ millions:
Net Income %:
Market Cap in $ millions
Stock price current USD:
PE Ratio:
EPS in $0.00:
ROA %:
ROE %:
Dividend per share:
Beta:
Norton Life Lock recorded a net income of $2,845 million in 2021. The market capitalization is $12,352.93 million with a PE ratio of 15.01 and EPS of $1.44. Limited data is available for other financial metrics.
Using the 2021 financial statements of Norton Life Lock and market data from Fintel, the following information can be filled in:
Company: Norton Life LockTicker: NLOKSales in $ millions: Not available in the provided search resultsPre-tax income in $ millions: Not available in the provided search resultsEffective tax rate: Not available in the provided search resultsNet Income in $ millions: 2,845 in 2021Net Income %: Not available in the provided search resultsMarket Cap in $ millions: 12,352.93 as of the most recent market dataStock price current USD: Not available in the provided search resultsPE Ratio: 15.01 as of the most recent market dataEPS in $0.00: 1.44 as of the most recent market dataROA %: Not available in the provided search resultsROE %: Not available in the provided search resultsDividend per share: Not available in the provided search resultsBeta: 0.68 as of the most recent market dataThe complete question should be:
Using the most recently available financial statements, fill in the following:
Company: Norton Life Lock
Ticker: NLOK
Sales in $ millions:
Pre-tax income in $ millions:
Effective tax rate:
Net Income in $ millions:
Net Income %:
Market Cap in $ millions
Stock price current USD:
PE Ratio:
EPS in $0.00:
ROA %:
ROE %:
Dividend per share:
Beta:
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[Futures Contracts] Answer all parts (a) to (c) of this question. Adam, a speculator, is convinced that the stock market will fall significantly in the forthcoming months. The current market index (1 November) level for the FTSE-100 is 6200. Explain his strategy on the FTSE-100 Futures market to exploit this expected market fall. The FTSE futures value Ft = 6000 and has a December maturity. Assume he has funds for 5 futures contracts and he faces no transactions costs. Note the FTSE-100 Index futures has a value of £10 per full index point and at maturity the index futures is equal to the spot index.
(a) What is Adam’s profit or loss on his futures position if the FTSE-100 spot index rose to 6400 in December?
(b) What is Adam’s profit or loss on his futures position if the FTSE-100 spot index fell to 5800 in December?
(c) If Adam had an index portfolio of £62000 on 1 November, what is his combined profit/loss on his futures and spot positions if the spot index falls to 5800 in Decembe
(a) Adam's profit or loss on his futures position if the FTSE-100 spot index rose to 6400 in December can be calculated as follows:
Profit or loss = (Ft - Ft0) x Contract Size x Number of Contracts
Profit or loss = (6400 - 6000) x £10 x 5
Profit or loss = £20,000
(b) Adam's profit or loss on his futures position if the FTSE-100 spot index fell to 5800 in December can be calculated as follows:
Profit or loss = (Ft - Ft0) x Contract Size x Number of Contracts
Profit or loss = (5800 - 6000) x £10 x 5
Profit or loss = -£10,000 (Loss of £10,000)
(c) If the spot index falls to 5800 in December and Adam has an index portfolio of £62,000 on 1 November, his combined profit/loss on his futures and spot positions can be calculated as:
Combined profit/loss = Profit/Loss on Futures Position + (Spot Index - Spot Index0) x Value of Index Portfolio
Combined profit/loss = -£10,000 + (5800 - 6200) x £62,000
Combined profit/loss = -£10,000 - £2,480,000
Combined profit/loss = -£2,490,000 (Loss of £2,490,000)
Therefore, Adam would have a profit of £20,000 if the spot index rose to 6400, a loss of £10,000 if the spot index fell to 5800, and a combined loss of £2,490,000 if the spot index fell to 5800 and he had an index portfolio of £62,000 on 1 November.
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Angel, 11 years old, selects several dresses in a boutique shop and informs the manager that she wants dresses delivered to her house.
Her father refuses to pay because there are a lot of dresses in her wardrobe. Discuss whether the boutique shop owner can recover the amount to those dresses.
No, the boutique shop owner cannot recover the amount of the dresses that Angel, an 11-year-old girl, selected and informed the manager she wanted delivered to her house.
This is because Angel is a minor and does not have the capacity to enter into a contract. A contract is an agreement between two or more parties that is legally binding. In order for a contract to be valid, both parties must have the capacity to enter into the contract. A minor does not have the capacity to enter into a contract because they are not considered to be mature enough to understand the implications of their actions.
In this case, Angel selected the dresses and informed the manager she wanted them delivered to her house. However, she did not pay for the dresses and her father refused to pay for them. Since Angel is a minor, she did not have the capacity to enter into a contract with the boutique shop owner. As a result, the boutique shop owner cannot recover the amount of the dresses.
The boutique shop owner may be able to take Angel to court to try to get her to pay for the dresses. However, it is unlikely that the boutique shop owner will be successful. This is because the court will likely find that Angel is not legally responsible for the dresses because she is a minor.
The boutique shop owner could have avoided this situation by asking Angel for her parent's permission before she selected the dresses. The boutique shop owner could also have asked Angel for her parent's credit card information before she delivered the dresses to her house.
Here are some things the boutique shop owner can do to prevent this from happening again:
Ask for the parent's permission before allowing a minor to purchase anything.
Ask for the parent's credit card information before delivering anything to a minor's house.
Have a policy in place that states that minors cannot purchase anything without their parent's permission.
Train employees on how to handle situations involving minors.
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Be sure to cite your references.
Pretty much all of us love a good sale. Many wait for sales to
make purchases. Or, we price shop. What’s the risk to businesses
when it comes always having sales? Pu
Frequent sales and discounts by businesses may lead to a decrease in the perceived value of a product, attract customers that are only looking for bargains, and lower profits. If discounts and promotions are used too frequently, they can train customers to wait until the business offers them.
When businesses are always having sales, it can reduce the perceived value of their products. According to research conducted by Brigham Young University, too frequent promotions on products may devalue a company's brand. The study found that when shoppers were repeatedly exposed to sales promotions for a product, they began to view the product as being less high-quality and less prestigious.
In conclusion, while sales can attract new customers, it is important to maintain the balance between offering discounts and maintaining the perceived value of the product. Furthermore, the long-term profitability of the business should also be considered when using sales promotions.
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Based on the videos, write 250 - 500-word comments on the segmentation, targeting and positioning strategy of StockX.
Analyse and explain how Stock set the STP strategy to create customer value and to achieve a profitable relationship with the customers.
StockX has successfully implemented a segmentation, targeting, and positioning strategy that focuses on authenticity, transparency, and efficiency, resulting in a loyal customer base and a thriving business.
StockX has implemented a successful segmentation, targeting, and positioning strategy to provide customer value and establish a profitable relationship.
By segmenting the market and targeting specific customer groups, such as sneaker enthusiasts and fashion collectors, StockX caters to their unique needs. The marketplace's positioning strategy revolves around authenticity and transparency, setting it apart from competitors.
With a focus on providing an efficient marketplace, StockX has built trust and become a trusted platform for rare and exclusive products. Overall, StockX's strategic approach has resonated with its target market, leading to a loyal customer base and a thriving business.
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Consider an outcome in which Firm A profits are $500 thousand, Firm B profits are $150 thousand and Firm C losses are $300 thousand. Based on this information, it appears as if it is a win-win outcome in a positive sum environment. win-win outcome in a negative sum environment. win-lose outcome in a positive sum environment. win-lose outcome in a zero-sum environment.
The correct answer is: win-win outcome in a positive sum environment. Based on the given information, we can determine the outcome by considering the profits and losses of the firms involved.
Firm A has profits of $500 thousand, Firm B has profits of $150 thousand, and Firm C has losses of $300 thousand.
In a positive sum environment, the total outcome would be positive, meaning that the sum of the profits and losses of the firms would be greater than zero. Here, the total outcome is $350 thousand ($500 thousand + $150 thousand - $300 thousand), which is indeed greater than zero.
Since all three firms have positive outcomes (profits or losses), it can be considered a win-win outcome. Firm A and Firm B have profits, while Firm C has losses. However, the overall outcome is still positive.
Therefore, the correct answer is: win-win outcome in a positive sum environment.
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write me a scope document if you were the project manager preparing for the first day of wonderland. Focus on figuring out your stakeholders first then determine what style to write your document.
As the project manager preparing for the first day of Wonderland, the scope document I will write must first focus on figuring out stakeholders and then determining what style to write the document.
A scope document is a vital document that describes the parameters of a project. It outlines project deliverables, costs, deadlines, and expectations.Scope document outlining the project objectives, the needs of stakeholders, the project timeline, and resources required for the project. In preparing for the first day of Wonderland, the following information will be included in the scope document:
Stakeholders This section of the scope document will outline all the stakeholders involved in the project. It will be divided into two categories: internal stakeholders and external stakeholders. Internal stakeholders will include project managers, project sponsors, and project team members. External stakeholders will include clients, government officials, vendors, and partners.Project ObjectivesThe project objectives section will describe the project's goals, deliverables, and scope. It will explain how the project will fulfill the needs of stakeholders and how project success will be measured. It will also describe how the project will align with the overall strategy of Wonderland.Project TimelineThe project timeline will outline the deadlines for completing each task in the project. It will be divided into two categories: short-term and long-term.
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Many developing countries rely heavily on primary
commodity export and suffer from export earnings instability.
Discuss such reliance using the factor endowment trade theory. What
is the limit of this
The heavy reliance of developing countries on primary commodity exports, driven by the factor endowment trade theory, leads to export earnings instability, limiting their economic diversification and exposing them to price volatility in global commodity markets, hindering long-term growth and stability.
The heavy reliance of developing countries on primary commodity exports and the resulting export earnings instability can be discussed using the factor endowment trade theory, which suggests that countries specialize in producing and exporting goods that align with their factor endowments (such as natural resources). However, the limit of this reliance is that it exposes these countries to price volatility in global commodity markets, making their economies vulnerable to fluctuations and reducing their diversification opportunities, hindering long-term economic growth and stability.
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What is S& OP and explain why is it critical to businesses?
Sales and Operations Planning (S&OP) is a comprehensive decision-making process that is critical to the success of a business. It aids organizations in reaching their business objectives and improving their performance. It is a crucial process that aids organizations in achieving success in the market and retaining customer loyalty.
S&OP is a business process that links the tactical and strategic planning of an organization, including sales, production, supply chain, marketing, and financial planning, in order to achieve a unified goal. This procedure allows firms to make strategic choices about product lines, volumes, promotions, and pricing based on real-time data, which improves the accuracy of sales and operations forecasts. S&OP provides a comprehensive view of a company's activities and provides an early warning of potential roadblocks.
S&OP aids in the integration of organizational goals, people, and resources, ensuring that they are aligned with overall corporate objectives. This assists in avoiding miscommunications, conflicting objectives, and redundancies. Furthermore, it fosters collaboration and strengthens the relationships between departments.S&OP assists organizations in the forecasting process, allowing them to plan and adjust their activities according to real-time market data. This promotes efficient supply chain management, resulting in a reduction in excess inventory and operating costs. Furthermore, the process assists organizations in developing contingency plans and responding to unexpected circumstances.
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During May, Perdido Enterprises had the following transactions: - Purchased goods on account for $5,000. - Made a payment on account of $2,500. - Made cash sales of $8,200. - Made sales on account of $12,600. - Collected receivables of $3,200. - Paid expenses of $5,900. - Paid dividends of $1,000. If Perdido started May with a cash balance of $10,000, what is the cash balance at the end of May? $22,400 $21,900 $12,000 $13,000
The cash balance at the end of May is $12,000 for Perdido Enterprises, calculated by adding the net cash inflows of $2,000 to the initial cash balance of $10,000.
To determine the cash balance at the end of May, we need to consider the cash inflows and outflows during the month.
Calculate the net cash inflow or outflow by summing up the cash receipts and subtracting the cash payments.
Cash receipts:
- Cash sales: $8,200
- Collection of receivables: $3,200
Total cash receipts: $8,200 + $3,200 = $11,400
Cash payments:
- Payment on account: $2,500
- Payment of expenses: $5,900
- Payment of dividends: $1,000
Total cash payments: $2,500 + $5,900 + $1,000 = $9,400
Net cash inflow or outflow: $11,400 - $9,400 = $2,000
Add the net cash inflow or outflow to the initial cash balance.
Initial cash balance: $10,000
Net cash inflow or outflow: $2,000
Cash balance at the end of May: $10,000 + $2,000 = $12,000
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Hill Company manufactures only one type of washing machine and has two divisions, the Compressor Division, and the Fabrication Division. The Compressor Division manufactures compressors for the Fabrication Division, which completes the washing machine and sells it to retailers. The Compressor Division sells compressors to the Fabrication Division. The market price for the Fabrication Division to purchase a compressor is $40.00. The fixed costs for the Compressor Division are assumet to be the same over the range of 5,000 to 10,000 units. The fixed costs for the Fabrication Division are assumed to be $7.50 per unit at 10,000 units. Compressor's costs per compressor are: Fabrication's costs per completed air conditioner are. Fabrication's costs per completed air conditioner are. Question One - What is the market-based transfer price per compressor from the Compressor Division to the Fabrication Division? Example of Answer: 5.65 or 5.60 or 5.00 Two decimal points. No space, comma, or $ sign. Question Two -What is the transfer price per compressor from the Compressor Division to the Fabrication Division if the method used to place a value on each compressor is 150% of variable costs? A Example of Answer: 5.65 or 5.60 or 5.00 Two decimal points. No space, comma, or $ sign. Question Three - What is the transfer price per compressor from the Compressor Division to the Fabrication Division if the transfer price per compressor is 110% of full costs? 4 Example of Answer: 5.65 or 5.60 or 5.00 Two decimal points. No space, comma, or $ sign. Question Four - Assume the transfer price for a compressor is 150% of total costs of the Compressor Division and 1,000 of the compressors are produced and transferred to the Fabrication Division. What would be the amount of Compressor Division's operating income? A. Example of Answer: 4000 No space, comma, decimal point, or $ sign. Question Five - If the Fabrication Division sells 1,000 air conditioners at a price of $375.00 per washing machine to customers, what is the operating income of both divisions together?
Question One - The market price for the Fabrication Division to purchase a compressor is $40.00. Therefore, the market-based transfer price per compressor from the Compressor Division to the Fabrication Division is $40.00.
Question Two A. Compressor's costs per compressor are:Variable cost = $14.00 + $2.50 = $16.50Transfer price = 150% of variable cost= 150% * $16.50= $24.75. Therefore, the transfer price per compressor from the Compressor Division to the Fabrication Division if the method used to place a value on each compressor is 150% of variable costs is $24.75.Question Three - Compressor's costs per compressor are:Variable cost = $14.00 + $2.50 = $16.50Fixed costs = $78,000 / 10,000 units = $7.80Full cost = $16.50 + $7.80 = $24.30Transfer price = 110% of full costs= 110% * $24.30= $26.73Therefore, the transfer price per compressor from the Compressor Division to the Fabrication Division if the transfer price per compressor is 110% of full costs is $26.73.Question Four - A.Compressor's costs per compressor are:Variable cost = $14.00 + $2.50 = $16.50Fixed cost = $78,000 / 10,000 units = $7.80Total cost = $16.50 + $7.80 = $24.30Transfer price = 150% of total costs= 150% * $24.30= $36.45Revenue = $36.45 * 1,000= $36,450Operating income = Revenue - Total cost= $36,450 - ($16.50 + $7.80) * 1,000= $11,100Therefore, the amount of Compressor Division's operating income is $11,100.Question Five Fixed cost will be $7.50 * 1,000 = $7,500. Let's calculate Fabrication Division's variable cost first.Variable cost = $17.00 + $25.50 + $26.50= $69.00 Fabrication Division's operating income= (Revenue - Variable cost - Fixed cost)= ($375 * 1,000) - ($69 * 1,000) - $7,500= $375,000 - $69,000 - $7,500= $298,500Operating income of both divisions together= Compressor Division's operating income + Fabrication Division's operating income= $11,100 + $298,500= $309,600.
Therefore, the operating income of both divisions together is $309,600.
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Explain the barriers and difficulties that faced Sony Ericsson that
led to its declined?
Sony Ericsson is a mobile phone company that was established in 2001 as a collaboration between Sony Corporation and Ericsson AB. Although it was once a prominent company in the mobile phone industry, it faced numerous barriers and difficulties that contributed to its eventual decline. The following are some of the barriers and difficulties that Sony Ericsson faced:
1. Marketing Strategy:
Sony Ericsson's marketing strategy was inefficient. It failed to comprehend consumer preferences, so it missed out on opportunities to gain market share. Their lack of understanding of consumer demand resulted in the production of low-quality handsets, which caused a decrease in sales.
2. Limited Platform:
Sony Ericsson had a limited platform for producing smartphones, which resulted in a lack of development opportunities. Apple and Samsung, two of Sony Ericsson's main competitors, developed a more significant operating system, Android, which became more popular with consumers. Sony Ericsson's decline resulted from its inability to keep up with technological advancements.
3. Investment Deficiency:
Sony Ericsson did not invest enough in research and development, which harmed its product innovation capabilities. It was incapable of competing with Apple and Samsung due to its inferior technology.
4. Lack of Global Reach:
Sony Ericsson had a limited reach in the global market due to a lack of efficient distribution channels. As a result, it was unable to compete with Apple and Samsung, which have a vast global presence and efficient distribution channels.
5. Lack of Understanding of Consumer Preferences:
Sony Ericsson did not comprehend consumer preferences well, resulting in a lack of understanding of the market, and eventually a decline in sales.
These are some of the barriers and difficulties that Sony Ericsson faced, leading to its eventual decline.
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3) Pricing
a) Provide a real-world example of third-degree price discrimination (with a hyperlink to the
example). Discuss what prevents re-sale in your example (i.e. why can’t people who pay a lower price sell the good to people who face a higher price?). (2 marks)
b) Provide a real-world example of a seller offering a "decoy option" (with a hyperlink to the example). Discuss how you expect the demand for the other options to change if this decoy option was removed from the market by the seller. (2 marks)
Third-degree price discrimination is evident in various industries such as airlines, where eligibility verification prevents re-sale of lower-priced tickets. The use of a "decoy option" in pricing strategies, as seen in fast-food chains like McDonald's, can influence customer choices and impact the demand for other options if the decoy option is removed from the market.
a) Real-world example of third-degree price discrimination:
An example of third-degree price discrimination is the airline industry. Airlines often offer different prices for different customer segments based on factors such as time of booking, flexibility, and duration of stay. One prominent example is the pricing strategy of Delta Air Lines, which offers discounted fares for students.
In this example, what prevents re-sale is the requirement of eligibility verification. To avail the student discount, customers must provide proof of their student status, such as a valid student ID card or enrollment verification. This verification process ensures that only eligible students can purchase the discounted tickets and prevents them from reselling them to others who face a higher price.
b) Real-world example of a seller offering a "decoy option":
A real-world example of a seller offering a "decoy option" is seen in the pricing strategy of fast-food chains. One such example is the value meal options offered by McDonald's. By providing combo meals that include a burger, fries, and a drink at a slightly higher price than buying each item separately, McDonald's creates a decoy option that makes the larger combo meal more attractive.
If the decoy option (combo meal) was removed from the market by the seller, it is expected that the demand for the other options (buying items separately) would decrease. This is because the decoy option provides perceived value and convenience for customers, making it a more compelling choice. Without the decoy option, customers may be less inclined to purchase the individual items separately, resulting in a shift in demand towards the combo meal or potentially a decrease in overall sales if customers perceive less value without the bundled option.
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Because commodity futures are a zero-sum game, as many speculators make Money as lose money. O True O False To reduce commissions on commodity futures, invest in long-term contracts. O True O False There are no clearinghouses associated with the commodity market. O True O False
False
Commodity futures are not necessarily a zero-sum game. While it is true that for every buyer of a futures contract, there must be a seller, and vice versa, the profitability of futures trading is not solely determined by the gains and losses of speculators. In fact, commodity futures serve as a hedging tool for producers and consumers of commodities, allowing them to mitigate price risks. Speculators provide liquidity to the market and take on risk in the hopes of making a profit, but their gains or losses do not directly correspond to the losses or gains of other participants. Therefore, the statement that as many speculators make money as lose money is false.
False
Investing in long-term contracts does not necessarily reduce commissions on commodity futures. Commissions are typically charged as a percentage of the contract value or a fixed fee per contract, regardless of its duration. Whether you choose short-term or long-term contracts, the commissions charged by brokers or exchanges would likely remain the same. The decision to invest in long-term or short-term contracts should be based on your investment goals, risk tolerance, and market outlook rather than the expectation of reducing commissions.
False
There are clearinghouses associated with the commodity market. Clearinghouses play a crucial role in the futures market by acting as intermediaries between buyers and sellers of futures contracts. They ensure the integrity of the market by guaranteeing the performance of futures contracts, monitoring positions, and collecting margins from participants. Clearinghouses also handle the process of settling trades, including the transfer of ownership and funds. Their presence helps to mitigate counterparty risk and provides a centralized infrastructure for trading commodities futures. Therefore, the statement that there are no clearinghouses associated with the commodity market is false.
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(ii) Given that, P0 = $80, D1 = $4, and rs = 14%. Accurately compute g. 5 marks
(iii) If the expected rate of return is ^rc= D1/P0 + g = $1.50/$25 + 4% = 10% and the required rate of return is 10.6 percent. If investors seek to sell:
(a) What price will they seek to sell at? 5 marks
(b) At what point (i.e. percentage) will the stock be in equilibrium?
To compute the growth rate (g), we can use the formula g = ^rc - rs, where ^rc is the expected rate of return and rs is the required rate of return. Given ^rc = 10% and rs = 14%, we have g = 10% - 14% = -4%.
(a) To determine the price investors will seek to sell at, we can use the formula P0 = D1 / (^rc - g), where P0 is the initial price, D1 is the dividend at the end of the first period, ^rc is the expected rate of return, and g is the growth rate. Plugging in the values, we have $80 = $4 / (10% - (-4%)). Solving this equation, we find the price investors will seek to sell at is $25.
(b) The stock will be in equilibrium when the expected rate of return (^rc) is equal to the required rate of return (rs). In this case, ^rc = 10% and rs = 10.6%. The stock will be in equilibrium at the point where the expected rate of return is 10.6%, indicating that the market price is consistent with investors' required rate of return.
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Entries for Product Cost Flow Record the following transactions that occurred during April 2019 for Boyd Manufacturing Corporation, which uses the perpetual inventory system: Apr. 21 Transferred $80,000 of completed goods from the factory to the warehouse. 25 Requisitioned $45,000 of materials for use in the factory as direct materials and $10,000 for indirect materials. 28 Sold goods costing $30,000 for $50,000 on account.
Direct materials used by the ustom Furniture Company include things like wood and hardware. The workers who construct the custom tables are engaged in direct labour.
Thus, Indirect materials (glue, screws, nails, sandpaper, and stain), indirect labour (production supervisor), and other manufacturing expenditures, such as factory equipment upkeep and utilities, are all included in manufacturing overhead.
Where do these accounts appear in the financial statements, and what accounts are utilized to record the charges related to these items.
All of the prices indicated above for custom furniture are product prices, also known as production prices. Until the products are sold, product costs are included as an asset on the balance sheet; after that, they are listed as an expense on the income statement.
Thus, Direct materials used by the ustom Furniture Company include things like wood and hardware. The workers who construct the custom tables are engaged in direct labour.
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Johnson Corporation began the year with inventory of 28,000 units of its only product. The units cost $8 each. The company uses a perpetual inventory system and the FIFO cost method. The following transactions occurred during the year:
A.Purchased 140,000 additional units at a cost of $10 per unit. Terms of the purchases were 1/10, n/30, and 100% of the purchases were paid for within the 10-day discount period. The company uses the gross method to record purchase discounts. The merchandise was purchased f.o.b. shipping point and freight charges of $0.60 per unit were paid by Johnson.
Throughout the year, Johnson Corporation had the following transactions: 1. Beginning Inventory: Johnson Corporation started the year with 28,000 units of its only product, which cost 8 each.
Purchase of Additional Units:
Johnson Corporation purchased 140,000 units at a cost of 10 per unit.
The total cost of these units is calculated as follows:
140,000 units x 10 per unit = 1,400,000.
Purchase Terms:
The terms of the purchases were 1/10, n/30.
This means that Johnson Corporation is entitled to a 1% discount if the payment is made within 10 days.
The remaining balance must be paid within 30 days.
Purchase Discount: Johnson Corporation paid for 100% of the purchases within the 10-day discount period.
Using the gross method to record purchase discounts, Johnson Corporation would record a 14,000 discount (1% of 1,400,000).
Freight Charges:
The merchandise was purchased f.o.b. shipping point, meaning that Johnson Corporation is responsible for the freight charges. The freight charges were 0.60 per unit, so the total freight charges amount to:
140,000 units x 0.60 per unit = 84,000.
To summarize, Johnson Corporation began the year with 28,000 units costing 8 each.
They purchased an additional 140,000 units at a cost of 10 per unit.
They paid within the 10-day discount period, resulting in a 14,000 discount.
The freight charges for the purchased units amounted to 84,000.
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All of these accounts are found in the Statement of Profit or Loss EXCEPT O Unearned Revenue O Sales O Depreciation Expense O Purchases
All of these accounts are found in the Statement of Profit or Loss EXCEPT O Unearned Revenue O Sales O Depreciation Expense O Purchases is True.
The contribution margin is calculated by subtracting the total variable costs from the total sales revenue. To determine if the given statement is true, we can perform the calculation:
Contribution Margin = Total Sales - Total Variable Costs
Given:
Contribution Margin = $49,000
Total Sales = $166,000
Rearranging the equation:
Total Variable Costs = Total Sales - Contribution Margin
Substituting the values:
Total Variable Costs = $166,000 - $49,000
Calculation: Total Variable Costs = $117,000
The statement "If the contribution margin is $49,000 and the total sales are $166,000, total variable costs must equal $117,000" is true.
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Under what circumstances would a licensee NOT be able to negotiate the sale of a property with a buyer? OA. When the property is not listed with a broker. OB. When the buyer has not been prequalified to purchase in that price range OC. When the buyer has entered into an exclusive agreement with another licensee When the buyer refuses to sign an exclusive agency agreement with the lice D.
When the buyer has entered into an exclusive agreement with another licensee, a licensee would NOT be able to negotiate the sale of a property with a buyer. The answer is option C.
A licensee is an authorized real estate agent that has completed the required educational requirements and passed a state real estate licensing exam.Understanding the exclusive agreement
In real estate, an exclusive agreement is a written contract between a seller and a real estate broker where the seller gives the broker the exclusive right to sell the property for a particular period, typically three months to one year. This means that the seller can only sell the property through the broker and cannot offer it for sale themselves or engage another broker to market the property until the exclusive period has expired.
Therefore, when a buyer has entered into an exclusive agreement with another licensee, it means that the buyer has agreed to work with that particular agent, and the agent has an exclusive right to sell the property.
Thus, other licensees cannot negotiate the sale of the property with the buyer. Hence, option C is correct.
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Alia is a salesperson in an electronics company. At a recent trade exhibition, she met a supplier that was willing to supply her company with a product on an exclusive basis (i.e., available to her company only) that could offer in the business marketplace. The product in question has already been successfully developed and tested and – yet – is not being sold on the market. Alia knows from speaking to the customers that there is demand for such a product and it would plug a gap in her company’s product portfolio and give the company a significant competitive advantage.
Then, Alia approach the product management division with all her idea, and, to her surprise, they are very unenthusiastic and reject the idea, stating "We always develop our products in-house in this department – it would cost the company far too much to set up the processes to buy in a product from outside".
Questions.
a. What Alia can do to argue or persuade the product management division to ensure her idea is adopted? Elaborate.
b. Advise Alia on how to recognize the opportunities in business to enhance the competitive advantages for the company.
note: i need to answers (a&b).
The company could also enter into a partnership with the supplier, where the supplier will work closely with the company to meet their needs and customize the product to their requirements.
a. To persuade the product management division, Alia could use the following arguments:Alia should present the business case for adding the new product to the product portfolio and highlight the demand of the customers for it. It will give the company a significant competitive advantage since the product is not available in the market.Alia could also present her market research data which reflects a demand for the product, and demonstrate how this product could meet the current needs of their customers. Moreover, the new product would also generate additional revenue for the company.The cost of setting up new processes to buy a product from outside could be offset by the advantages it will bring to the company. This will allow the company to develop new products while also investing in the development of the in-house products.Alia could negotiate with the supplier for a better deal, so that the company could buy the product at a more affordable rate.
b. To recognize the opportunities in business to enhance the competitive advantages for the company, Alia could:Understand the market and the customer needs, and identify potential opportunities that are not being fulfilled by competitors. For instance, Alia can conduct surveys, use social media, and use other platforms to gather customer feedback and identify areas where the company can improve its product offerings.Study the competition and their products, and find ways to differentiate the company's products from the competitors.
This can be achieved by adding unique features, providing better customer service, providing more value, and so on.Invest in research and development, to create new products that will give the company a competitive advantage. The company could allocate a budget for research and development and explore new technologies, new materials, or new approaches to manufacturing that could be used to create innovative products.Identify partners and suppliers who can provide unique products or services that can enhance the company's offerings and give it a competitive advantage. By collaborating with these partners, the company can offer more value to customers, expand its reach, and create new opportunities for growth.
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Questions inevitably arise as to what type of "communication" or "reporting" to patients constitutes the "practice of medicine?" For example, if a patient sends her physician a secure email indicating describing a "cold" or sinus infection symptoms and requests a prescription for an antibiotic, which the physician prescribes, is the physician practicing telemedicine even though she hasn’t physically seen the patient in her office? Does it matter if the physician has prescribed the same, or a similar, antibiotic for the patient’s recurring symptoms over the past ten years? What types of additional precautions must the physician or practice take to ensure that all patient information remains "secure" and, if appropriate, "encrypted"? Is it possible to balance the wealth of information available to patients via the Internet with a loss of a personal relationship between the patient and caregiver?
The practice of medicine can be affected by the concept of telemedicine. There are certain circumstances where telemedicine is an appropriate method of care and certain circumstances where it is not appropriate.
Telemedicine is a rapidly evolving area, so it is difficult to establish comprehensive guidelines. If a patient sends an email to her physician describing a cold or sinus infection symptoms and requests a prescription for an antibiotic, which the physician prescribes, the physician is practicing telemedicine even though she hasn’t physically seen the patient in her office.
The type of communication or reporting to patients that constitutes the practice of medicine can vary and be subject to certain rules and regulations. It is therefore necessary for physicians and healthcare facilities to be familiar with these rules and regulations in order to avoid legal issues.
If a physician has prescribed the same, or a similar, antibiotic for the patient's recurring symptoms over the past ten years, then it is less likely that the physician is violating the law by prescribing medication via email. There are several precautions that the physician or practice must take to ensure that all patient information remains secure and, if appropriate, encrypted.
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[Futures Contracts] Answer all parts (a) to (c) of this question. Adam, a speculator, is convinced that the stock market will fall significantly in the forthcoming months. The current market index (1 November) level for the FTSE-100 is 6200. Explain his strategy on the FTSE-100 Futures market to exploit this expected market fall. The FTSE futures value F₁ =6000 and has a December maturity. Assume he has funds for 5 futures contracts and he faces no transactions costs. Note the FTSE-100 Index futures has a value of £10 per full index point and at maturity the index futures is equal to the spot index. (a) What is Adam's profit or loss on his futures position if the FTSE-100 spot index rose to 6400 in December? (b) What is Adam's profit or loss on his futures position if the FTSE-100 spot index fell to 5800 in December? (c) If Adam had an index portfolio of £62000 on 1 November, what is his combined profit/loss on his futures and spot positions if the spot index falls to 5800 in December?
(a) If the FTSE-100 spot index rose to 6400 in December, Adam's profit on his futures position would be £20,000.
(b) Adam would have a loss of £10,000 on his futures position if the FTSE-100 spot index fell to 5800 in December.
(c) Adam would have a combined loss of £2,490,000 on his futures and spot positions if the spot index fell to 5800 in December.
How to calculate Adam's profit on his future position?(a) If the FTSE-100 spot index rose to 6400 in December, Adam's profit or loss on his futures position would be computed in this way:
Initial futures value F₁ = 6000
Final spot index value = 6400
Profit or loss on each futures contract = (Final spot index value - Initial futures value) * £10
Profit or loss on 5 futures contracts = 5 * [(6400 - 6000) * £10]
= 5 * [400 * £10]
= £20,000
So, if the FTSE-100 spot index rose to 6400 in December, Adam would have a profit of £20,000 on his futures position.
(b) Adam's profit or loss on his futures position if the FTSE-100 spot index fell to 5800 in December:
Profit or loss on each futures contract = (Final spot index value - Initial futures value) * £10
Profit or loss on 5 futures contracts = 5 * [(5800 - 6000) * £10]
= 5 * [-200 * £10]
= -£10,000
Therefore, if the FTSE-100 spot index fell to 5800 in December, Adam would make a loss of £10,000 on his futures position.
(c) If Adam had an index portfolio of £62,000 on 1 November and the spot index fell to 5800 in December, we shall estimate the joined profit/loss on his futures and spot positions.
Profit or loss on futures position = -£10,000 (as in b above)
Profit or loss on spot position = (Final spot index value - Initial spot index value) * Index portfolio
Profit or loss on spot position = (5800 - 6200) * £62,000
= -£2,480,000
So, the joined profit/loss on Adam's futures and spot positions:
Combined profit/loss = Profit or loss on futures position + Profit or loss on spot position
= -£10,000 + (-£2,480,000)
= -£2,490,000
Hence, if the spot index fell to 5800 in December, Adam would have a joined loss of £2,490,000 on his futures and spot positions.
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Where to find Aeon Malaysia people (organizational chart)? i
want to do about assignment aeon brief history
The organizational chart of Aeon Malaysia can be found on their official website or by contacting their customer service. Aeon Malaysia is a retail company with a significant presence in Malaysia and operates various stores and business units across the country.
To find the organizational chart of Aeon Malaysia, you can visit their official website. Most companies provide an organizational chart on their website, usually in the "About Us" or "Company Profile" section. The organizational chart will give you a visual representation of the company's structure, including its departments, divisions, and key personnel. Alternatively, you can contact Aeon Malaysia's customer service for assistance in obtaining the organizational chart. Aeon Malaysia is a well-established retail company that operates numerous stores and business units in Malaysia, offering a wide range of products and services. Their organizational chart will provide valuable insights into the company's hierarchy and management structure.
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Select any multinational
company’s work setting and explain the following based
on
Organizational Behaviour:
Personality, Perception,
Attribution and Attitudes:
(2.5 Mark each)
Explain in detail co
Personality in Organizational Behavior Personality is the dynamic organization within an individual of those psychophysical systems that determine his or her unique adjustments to his or her environment.
Multinational companies such as PepsiCo have realized that employees' personality traits are linked to their ability to perform well in a particular work environment. Furthermore, an employee's personality is frequently linked to his or her job satisfaction and level of commitment to the organization.
Perception in Organizational Behavior Perception refers to the cognitive process through which individuals interpret the messages they receive. A multinational company's work environment must be designed in such a way that its workers' perceptions of the company's objectives and goals are consistent. If employees perceive that the company values customer satisfaction, for example, they will work harder to deliver excellent customer service.
Employees in multinational companies may make attributions about their colleagues' or managers' behaviour based on their perception of the situation. Attribution theory is used by managers to identify the reasons behind an employee's behaviour, which may influence their perception of that employee's potential. For instance, a manager may attribute a worker's poor job performance to a lack of effort, while the worker may attribute it to a lack of ability.
Attitude in Organizational Behavior Attitude is a psychological tendency that reflects an individual's beliefs, feelings, and actions towards a particular object. Multinational companies must have a work environment that fosters positive attitudes among employees. Managers can achieve this by providing incentives such as bonuses and promotions, recognizing employees' accomplishments, and fostering a positive work environment.
Positive attitudes among employees can lead to increased productivity, creativity, and job satisfaction. Therefore, managers may use personality assessments to determine whether an employee's personality matches the requirements of a certain job and whether they will be happy working in that role.
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