According to the stakeholder model of strategy formation, firms exist to serve the different groups that have a significant stake in their operations, not simply their shareholders.
A stakeholder is a person who has an interest in a firm and has the power to affect or be impacted by it. Investors, employees, clients, and suppliers make up a typical corporation's main stakeholders.
The stakeholder theory is an organizational management and business ethics theory that takes into account a variety of constituents affected by company organizations, including employees, vendors, local communities, creditors, and others.
The stakeholder model is important because managing stakeholders should lead to the accomplishment of corporate objectives, such as greater sustainability, growth, and profitability. The stakeholder model enables testing of the relationships between managing stakeholders and achieving organizational goals.
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In which of the following situations can you say, without further information, that consumer surplus decreases relative to the market equilibrium level?
a. Your state passes a law that pushes the interest rate (i.e., the price) for payday loans below the equilibrium rate.
b. The federal government enforces a law that raises the price of dairy goods above the equilibrium.
c. Your city passes a local property tax, under which buyers of new houses have to pay an additional 5 percent on top of the purchase price.
d.The government lowers the effective price of food purchases through a food-stamp program.
The correct option is b. Consumer surplus decreases when the federal government enforces a law that raises the price of dairy goods above the equilibrium.
Consumer advantages from market competition are measured economically as consumer surplus. When customers pay less for a good or service than they are willing to, this is known as a consumer surplus. It measures the extra benefit that consumers get from pay less for something than they would have been prepared to. One can contrast consumer surplus with producer surplus.
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purple corporation purchased $10,000 of merchandise on june 3, subject to the terms, 2/10, n/30. on june 9, it pays for all the merchandise purchased on june 3. purple corporation records discounts using the gross method in a perpetual inventory system. the entry on june 9 will reduce:
The entry on June 9 will reduce Inventory and cash and also accounts payable.
What is one reason for a perpetual inventory system?The ability to instantly track sales and inventory levels for specific items makes a perpetual inventory system better than the more traditional periodic inventory system and helps to avoid stockouts.
Given,
On 3 June Purchase of $10,000
Terms = 2/10, n/30
Required to pass the necessary journal entry if payment is made on 9 June under the perpetual inventory system.
Date Particulars Debit Credit
3 Jun Inventory $10,000
Accounts Payable $10,000
(Being purchase made on 3 June on credit bases)
9 Jun Accounts Payable $10,000
Cash $9.800
Inventory $200
(Being payment made for purchase on 3 June and cash discount adjusted)
On 9, June purple corporation debits the accounts payable by $10,000, credit the Cash accounts by $9800, and also credit the inventory accounts by $200.
Thus, the mentioned above are necessary journal entries to record the cash discount under the perpetual inventory system.
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the monetary control act of 1980 extended the fed's authority to a. impose required reserve ratios on all depository institutions. b. control the discount rate. c. control the federal funds rate. d. all of the answers are correct.
The monetary control act of 1980 extended the fed's authority to Impose required-reserve ratios on all depository institutions. Option A.
The Financial Regulation Act of 1980 fundamentally changed the Federal Reserve's role in the interbank clearing market. Among other things, the law obliged the Fed to give all custodians equal access to its payment services and to price those services competitively. granted access to the Federal Loan Reserve.
Check Clearing Services and other services provided by the Federal Reserve. Supervised and regulation of financial institutions and activities. The Federal Reserve promotes the safety and soundness of individual financial institutions and oversees their impact on the financial system as a whole. The Federal Reserve Reform Act made the Federal Reserve more transparent to congressional oversight. A law that expands the power to flexibly regulate interest rates on deposits.
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The price of celery rises, but nothing has changed on the supply side of the market. What does this mean to celery farmers?.
It is a signal that celery is more valuable to consumers than it was before.
the electric power company in a city increased its prices by 15% this year. since the demand for electricity is a(n) demand in the short run, the equilibrium price will .
The electric power company in a city increased its prices by 15% this year. since the demand for electricity is inelastic demand in the short run, the equilibrium price will greatly increase. Thus the correct option is C.
What is Demand?When the willingness of an individual to buy any product is increased it gives rise to demand. This willingness will shift with a change in the price or quality.
In this case, it is given that the electricity provider in a city raised its rates by 15%. The price will significantly rise due to increased demand because the demand for electricity is inelastic in the short term.
Therefore, option C is appropriate.
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The complete question is Propbably
The electric power company in a city increased its prices by 15% this year. Since the demand for electricity is a bad ________ demand in the short run, the equilibrium price will ________.
Select one:
a. inelastic; increase
b. inelastic; decrease
c. inelastic; greatly increase
d. elastic; decrease
michael is known for his ability to understand other peoples’ emotions and he has a genuine interest in doing so. michael has a high level of:
Since Michael has this ability of understanding other people's emotions and he has a genuine interest in doing so, he has high level of empathy.
Empathy is the capacity to put oneself in an another 's perspective and understand or feel the emotions they are dealing through from inside their frame of mind. Different social, intellectual, and psychological processes that really are mainly concerned with understanding others (and their feelings in particular) all feature in definitions of empathy. Intellectual, emotional (or affective), physical, and divine types of compassion are also acknowledged.
Empathy enables us to collaborate with others, establish friendships, conclude at value judgements, and step in to stop harassing when we observe it. Individuals begin to show empathy in their initial years, and the characteristic continues to improve through adolescence and young adulthood.
The complete question is here:
Michael is known for the ability to understand other peoples' emotions and he has a genuine interest in doing so, Michael can be rated high on which of these elements?
self-awarenessself-regulationempathyHeuristicSocial skillsLearn more about empathy here:
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What do you think will happen if you were late with tasks or assignments on a job?
When one can late with tasks or assignments on a job than the team leader will scold you and he or she can be terminated from the job. Due to this no cell phone policy has been introduced.
What is no cell phone policy?No cell phone policy has the policy in which the use of cell phone has been strictly prohibited and it has been implemented in the offices or working place to increase the productivity and concentration in the workings hours.
Excesive use of the cell phone at work can reduce the quality of work because while using phone brain stops to generate the good ideas and limit yourself. During working hours mobile devices are could to be in the desk and advised not to keep the mobile phone in hand or nearby working table.
Therefore, When one can late with tasks or assignments on a job than the team leader will scold you and he or she can be terminated from the job. Due to this no cell phone policy has been introduced.
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imagine that you are an entrepreneur and you open a wholesale business selling entertainment equipment to retail outlets. most of your customers want to buy on credit. how can you use the balance sheets of customers to decide which ones to extend credit to? what exactly would you look at on each financial statement to help you decide if the retail outlet will pay your company (the wholesale) back for the goods you sold to them on credit?
Opening a wholesale business selling entertainment equipment to retail outlets , customers want to buy on credit extend which can be accounted on the basis of accrual concept of accounting.
Credit extension to the worthy consumers helps to increase sales and make allowances for trust and better purchases in the near future. Retail outlets generally use this scheme so that the goods and services of the shop are sold easily.
The maintain of the statements and account of credits can be done on the basis of accrual basis as it would help to extend credit easily and keep an account to the liable person to pay in future.
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keeping track of company resources can be an extremely important endeavor for any organization. unavailable resources are essentially a loss, as they cannot be employed to accomplish company objectives. what is a tool that is used to manage company resources?
In the process of keeping track of company resources can be an extremely important endeavor for any organization, tool that is used to manage company resources is Business Management Software.
What is the function of the Business Management Software?The function of the Business Management Software is that it help in the process of keeping track of the organization activities as wellas the activities that is gong on in the organization.
It should be noted that the business activities as well as other task that is needed to be done so as to be able to achieve the goal of the business can be achieved using the Business Management Software.
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Across different situations, the most effective managers_________ decision style.
The best managers adapt their decision-making approach to different circumstances.
A democratic or participatory manager's decision-making is significantly influenced by employee input. Employees and management can work together to realize their goal by being transparent and maintaining strong communication at all organizational levels.
Before making a hasty choice, the management should carefully consider and research multiple potential solutions to a single issue. One of the most popular techniques for coming up with alternatives is brainstorming, in which a group of people collaborate to produce concepts and potential solutions.
A vote or a consensus on a course of action would be far more acceptable. Make rapid, informed decisions by using the Consult approach to seek advice and support without delaying your decision-making process. Use a vote when everyone will accept the outcome and when effectiveness is the most important factor.
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what types of metrics measure customer satisfaction? group of answer choices efficiency it metrics effectiveness it metrics both efficiency and effectiveness it metrics none of the above
Commonly used metrics for assessing customer satisfaction include
Customer Satisfaction Score (CSAT)Net Promoter Score (NPS)Customer Effort Score (CES)What is the metric of customer satisfaction?
A customer satisfaction survey that asks consumers to judge their experience following an encounter or purchase is used to calculate the customer satisfaction score (CSAT). You know the one that appears after you've completed or purchased something and inquire how it went.Net Promoter Score (NPS) is a popular customer satisfaction statistic that measures brand loyalty. It simply informs you if consumers would suggest you to others.The customer effort score assesses the amount of effort customers expend when conducting business with a company. It is determined using CES survey data, which asks customers how simple or difficult it was for them to achieve a certain objective with the companyThese are the commonly used metrics for assessing customer satisfaction
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identify the accounts below that would be classified as long-term liabilities on a classified balance sheet. (check all that apply.)
a. Notes receivable due in 2 years
b. Investments in bonds
c. Land held for future expansion
The following accounts are those that will be considered long-term investments: 1. Bond-related investments 2. Land reserved for upcoming growth.
In a business setting, the corporation might invest in the bond in order to generate more income while keeping the investment's risk to a minimum. Likewise, the business must record activities related to its bond investment in its books, such as the bond's purchase, interest that has accrued, etc., until the bond is redeemed or sold back at maturity or earlier.
Account for investments in bonds is an asset with a normally negative balance. All fees associated with purchasing the bonds are included in the price of the bond purchase. In a business setting, the corporation might invest in the bond in order to generate more income while keeping the investment's risk to a minimum.
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market segmentation involves aggregating prospective buyers into groups that ________blank and will respond similarly to a marketing action.
Market segmentation involves aggregating prospective buyers into groups that have common needs and will respond similarly to a marketing action.
Market segmentation divides a market into subsets according to demographics, requirements, goals, shared interests, and other psychographic or behavioral factors that help marketers better understand their target market. Your product, sales, and marketing tactics can benefit from this targeting if you have a good understanding of your market segmentation. The environment in which the product is sold, the outcomes of market and marketing research, as well as the traits of the product's target market, all have an impact on the marketing mix, which specifies the specifications of the product and how it will be marketed. Marketing, which may also involve choosing a target audience, is the process of discovering, developing, and providing value to satisfy a target market's needs in terms of products and services.
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a project manager hires a few new coders to help speed up the new software project and deliver the package on time to an important client. the manager has engaged in: resource enhancement. resource allocation. resource leveling. resource acquisition.
The new software project and deliver the package on time to an important client. the manager has engaged in resource leveling.
What is software project?
The art and self control of planning and managing software projects are known as software project management. It is a branch of software projects where software projects are planned, carried out, tracked, and managed. For the purpose of creating computer software that satisfies requirements, a process of managing, allocating, and timing resources is used. The client and the developers must be aware of the scope, schedule, and cost of the software project. A project is a collection of tasks that must be completed to arrive at a specific outcome. A project is also defined as a collection of inputs and outcomes necessary to accomplish a task. Projects can be carried out by one person or one hundred, and they can range from simple to difficult.
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mcguire company acquired 90 percent of hogan company on january 1, 2019, for $234,000 cash. this amount is reflective of hogan’s total acquisition-date fair value. hogan's stockholders' equity consisted of common stock of $160,000 and retained earnings of $80,000. an analysis of hogan's net assets revealed the following:
Any excess consideration transferred over fair value attributable to an unamortized patent with a useful life of 5 years is a $2,000 decrease.
Common stock is ownership of a company and is the type of stock most people invest in. When people talk about stocks they usually refer to common stocks. In fact, most shares are issued in this form. Common stock is an ownership interest in a company that gives shareholders the right to vote at shareholders' meetings and the ability to receive dividends.
Common stock is a security that represents an ownership interest in a company. Ordinary shareholders elect a board of directors and vote on company policies. This form of equity ownership usually yields higher returns over the long term. Common stock is a security that represents an ownership interest in a company. There are other terms that correspond to common stock, such as common stock or voting stock.
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how does the consumer decision process begin, that is, what is the first step? postpurchase behavior problem recognition store choice and purchase evaluation and selection information search
Answer: When consumers realize they have an unfulfilled need and want to reach a different desired state.
Explanation:
unless two people who are producing two goods have exactly the same opportunity costs, then one person will have a comparative advantage in one good, and the other person will have a comparative advantage in the other good
Unless two producers of two goods have exactly a same opportunity costs, one will have a comparative advantage in one good and the other will get a comparative advantage in the other one. The grains obtained through specialisation and trade have been predicated on absolute advantage.
What is comparative advantage?
The ability of an economy to produce a specific good or service at a lower cost than its trading partners is referred to as comparative advantage. Comparative advantage is a term used to describe why businesses, countries, or individuals benefit from trade. Comparative advantage, as used in international trade, refers to the product lines that a country could indeed produce extra cheaply or easily than other countries. While this typically illustrates the trade benefits, some modern economists now admit that focusing solely on competitiveness can lead to resource exploitation and depletion. The law of comparative advantage is largely attributed to English political economist David Ricardo as well as his book On the Principles of Politics and Taxation, published in 1817, though it is more likely that the analysis was developed by Ricardo's mentor, James Mill.
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What is the formula for the present value of a growing perpetuity, where c1 is the net cash flow, r is the required return, and g is the growth rate?.
The present value of a growing perpetuity present value of a single cash flow received n periods formula from now: PV = C × 1 (1 + r)n . The present value of a perpetuity can be calculated by simply dividing the total amount of the regular cash flows by the discount rate.
In a growing perpetuity, the growth rate raises the cash flows received each period after the initial one. A perpetual series that is increasing value proportionately in terms formula of periodic payments and is regarded as indefinite. In conclusion, the formula is as follows: PV is equal to D/(1+r) + D(1+g)/(1+r)2, and D(1+g)2. It's believed that the perpetual series will go on forever.
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Olivia and Liam have heard complaints from fellow business owners about the tax burden they face due to their company’s business structure. What form of business ownership may involve double taxation?
A. Sole proprietorship
B. Partnership
C. Corporation
D. S corporation
C-Corporations' form of business ownership may involve double taxation.
C corporations are one after the other taxable entities.
They file a corporate tax return (form 1120) and pay taxes on the company degree.
In addition, they face the opportunity of double taxation if company income is distributed to commercial enterprise proprietors as dividends, which can be taken into consideration non-public taxable profits.
A C corporation (or C-corp) is a criminal structure for an enterprise wherein the proprietors, or shareholders, are taxed one at a time from the entity. C groups, the most ordinary of companies, are also challenged to company earnings taxation.
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What is the population doubling time in years for a country with an annual growth rate of 3. 5 percent?.
The population doubling time in years for a country with an annual growth rate of 3.5 percent is 20 years.
What is population doubling time?Population doubling time is described as the period within which the population will become double its initial size. It is important to mention that the period within which the population gets doubled in the projected period. Furthermore, the term doubling time is commonly used in the estimation of population and is commonly used in population geography.
Given that,
Rate of population growth (R) = 3.5%
To find the population doubling time, the Rule of 70 is applied because the population growth will experience exponential growth.
Hence, as per the formula,
Time period = 70/R = 70/3.5 = 20 years
It can be concluded that the population doubling time in years for a country with an annual growth rate of 3.5 percent is 20 years.
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netflix’s program portfolio managers have to anticipate which shows viewers will want and ensure those shows or shows like them are available on netflix. which aspects of supply chain management are involved? check all that apply.
As the Netflix's managers anticipate what shows viewers will want and ensure those shows are available on netflix, the aspects of supply chain management that are involved includes:
inventory managementResources acquisitionProcurementWhat is a supply chain?In management, a supply chain refers to the network of individuals and companies who are involved in creating a product and as well as delivering it to the consumer. The links on the supply chain begin with the producers of the raw materials and end when the van delivers the finished product to the end user.
Furthermore, some of the components of a supply chain include producers, vendors, warehouses, transportation companies, distribution centers and retailers. In conclusion, the functions performed by a supply chain include product development, marketing, operations, distribution, finance, customer service etc.
Missing options "Check all that apply. Inventory management Resource acquisition Procurement Shipping costs"
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In percentage terms, the largest positive change in business activity in the united states since 1880 occurred during the 1990s.
a. True
b. False
This claim is untrue; in terms of percentage, the 1990s saw the biggest increase in business activity in the United States since 1880.
As the size and breadth of modern commerce drastically expanded, large organizations grew. The American economy expanded quickly, became the largest industrial economy in the world, and brought about a variety of positive changes despite the controversy surrounding the emergence of big business and the greater government control it sparked.
Positive aspects of change in an organization include maintaining a competitive edge and keeping relevant in your industry. Innovation, skill development, employee development, improved business possibilities, and higher staff morale are all benefits of change.
Increasing employee productivity through ethical social management. Reach out to more consumers that favor products and services that contribute to society. By avoiding social strife, encourage communication with local populations. Bring in money by earning a profit while serving a good cause.
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employment reconciliation analyzes gaps between ________.
Employment reconciliation analyzes the gaps between future HR requirements and HR availability. The correct answer for this question would be option C.
An employment reconciliation is a HR gap analysis. It enables businesses of all sizes to plan their budgets and hire employees wisely. By identifying the skills and the necessary number of individuals with those skills, gap analyses help organizations make decisions about hiring, training, in-sourcing and outsourcing.
Finding a manpower gap is extremely important for HR because it provides leaders with an assessment of future employment needs by defining the competencies their vision necessitates and comparing them to those offered by present personnel.
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Full question: Employment reconciliation analyzes gaps between ________.
A. requirements and the external labor force
B. future HR requirements and AA requirements
C. future HR requirements and HR availability
D. all of the above
When a web page changes, _____ update their indexes and databases automatically to reflect the change.
When a web page changes, Crawler-based directories update their indexes and databases automatically to reflect the change.
Describe a database.
A database is a planned grouping of material that has been arranged and is often kept electronically in a computer system. A database management system often oversees a database (DBMS). The term "database system," which is frequently abbreviated to "database," refers to the combination of the data, the DBMS, and the applications that are connected to it.
To facilitate processing and data querying, the most popular types of databases currently in use typically model their data as rows and columns in a set of tables. The data may then be handled, updated, regulated, and structured with ease. For writing and querying data, most databases employ structured query language (SQL).
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what were country a's net exports in 2019?
-$32 is country A's net exports in 2019. A country with positive net exports has a trade surplus, whereas a country with negative net exports has a trade deficit.
Net Exports = Value of Exports – Value of Imports
Where, Value of Exports = Total value of foreign countries' spending on domestic goods and services. Import Value = Total value of domestic spending on goods and services imported.
Foreign purchases of domestically produced goods= $88
Domestic purchases of foreign goods= $120
$88-$120 = -$32
-$32 is country A's net exports in 2019. It has a trade deficit.
Here is the complete question-
The following table contains data for country A for the year 2019.
Household purchases of durable goods $1,293
Household purchases of nondurable goods $1,717
Household purchases of services $301
Household purchases of new housing $704
Purchases of capital equipment $310
Inventory changes $374
Purchases of new structures $611
Depreciation $117
Salaries of government workers $1,422
Government expenditures on public works $553
Transfer payments $777
Foreign purchases of domestically produced goods $88
Domestic purchases of foreign goods $120
Refer to Table 23-2. What were country A's net exports in 2019?
a. $32
b. $88
c. -$32
d. $120
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what is the economic effect of price ceilings? part 2 a. resources will be allocated efficiently. b. an effective price ceiling will lead to a shortage. c. there are no economic effects. d. an effective price ceiling will lead to a surplus.
The economic effect of price ceilings an effective price ceiling will lead to a shortage. Option B.
A price cap can increase the economic surplus of consumers while reducing the economic surplus of producers. When prices fall, supply becomes scarce, leading to lost sales. When an effective price cap is set, there is simultaneous excess demand and shortage of supply. Producers don't want low prices, consumers want cheaper products.
This creates a free-rider effect A price cap is the legal maximum price you will pay for a product or service. Governments set price caps to keep the prices of essential goods and services affordable. For example, when Hurricane Katrina hit in 2005, the price of bottled water exceeded $5 a gallon. If the price cap is set below the equilibrium price the demand for education will exceed the supply creating a shortage.
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because marigold wants to join comptia (the computer technology industry association), she agrees to adhere to this organization's professional code of ethics. this means that she .
Because marigold wants to join CompTIA (the computer technology industry association), she agrees to adhere to this organization's professional code of ethics. this means that she has promised to behave in a way that CompTIA has defined as desirable.
A code of ethics and expert behavior outlines the moral ideas that govern selections and conduct at an enterprise or organization. CompTIA provides well-known outlines of ways personnel have to behave, in addition to unique steerage for dealing with problems like harassment, safety, and conflicts of interest. CompTIA affords a not-unusual place set of regulations or requirements for all withinside the career to stick to. It defines first-rate practices for the career. It affords a foundation to fulfill compliance necessities for the career. CompTIA affords a prison widespread for the career.
The correct option is (A).
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the use of goods and services that satisfy basic human needs, improve the quality of life but minimize resource use is referred to as:
The use of goods and services that satisfy basic human needs, improve the quality of life resource use is referred to as sustainable consumption.
Sustainable consumption is the use of products and services in ways that minimize environmental repercussions in order to meet human needs not just now but also for future generations. Sustainable consumption is frequently linked to sustainable production; consumption refers to use and disposal (or recycling) by governments, businesses, and other organizations as well as people and homes. Sustainable consumption is inextricably linked to sustainable production and lifestyles.
It is the result of individual and communal decisions concerning ambitions, desires, and habits, which are conditioned, assisted, and constrained by society norms, political institutions, public policies, markets, and culture.
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will is an office manager with a college degree, five years of experience, and a track record of being rated excellent at his work. he supervises seven staff members, and his employer pays him $40,000 a year. according to equity theory, which comparison would most likely lead will to conclude that his rate of pay is unfair?multiple choiceanother company’s office manager has ten years of experience and earns $50,000.the office manager in another department supervises four employees and earns $45,000.welders without a college degree carry out dangerous tasks and earn $55,000.the average pay in the region for an office manager with five years’ experience is $38,000.one of brandon’s staff members earns $25,000, and another earns $32,000.
Based on the Equity theory, the comparison that Will might use to conclude that his pay rate is unfair is the office manager in another department supervises four employees and earns $45,000.
What is the equity theory?The Equity Theory as relates to the working environment, refers to the tendency of workers to be more motivated to work if they feel that their employers are treating them with fairness.
One of the key measures of fairness at work is equal pay. This doesn't mean that everyone should be paid the same amount, but rather that people at the same position in a company should be paid equally, all else being equal.
Will is an office manager who oversees seven people and he is paid $40,000. If there is an office manager earning $45,000 in the same company for supervising 4 people, that wouldn't feel fair to Will because he is at the same level as that person. Will would likely conclude that he is receiving unfair pay.
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valley spa purchased $10,200 in plumbing components from tubman company. valley spa signed a 60-day, 10% promissory note for $10,200. if the note is dishonored, but tubman intends to continue collection efforts, what is the journal entry made by tubman to record the dishonored note? (use 360 days a year.)
The magazine access made through Tubman to file the dishonored be aware is
Accounts receivable debited
Interest sales credited
Notes receivable credited
The required details for magazine access in given paragraph
Accounts receivable = $10370 Interest sales (10200*10%*60/360)=$170
Notes receivable = $10200
A magazine access is used to file a enterprise transaction within side the accounting facts of a enterprise. A magazine access is typically recorded within side the well known ledger; alternatively, it could be recorded in a subsidiary ledger this is then summarized and rolled ahead into the overall ledger. The well known ledger is then used to create economic statements for the enterprise.
The good judgment in the back of a magazine access is to file each enterprise transaction in as a minimum places. For example, while you generate a sale for coins, this will increase each the sales account and the coins account. Or, in case you purchase items on account, this will increase each the debts payable account and the stock account.
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