The character of a company's corporate culture is a product of:A. the shared values and core business principles and beliefs that management preaches and practices.B. its standards of what is ethically acceptable and what is not and the stories that get told over and over to illustrate and reinforce the company's shared values, business practices, and traditions.C. the company's approach to people management and the "chemistry" and "personality" that permeates its work environment.D. the work practices and behaviors that define "how we do things around here."E. All of these.

Answers

Answer 1

Answer:

Answer: Option E

Explanation: Corporate culture refers to the values and beliefs of an organisation that originates from its several different factors like strategy, customers and investors etc. The corporate culture of an organisation affects the attitude and behavior of all its members.

It sometimes works as a guide when the organisation faces an ethical dilemma. In a healthy corporate culture every employee in the organisation is treated with respect regardless of his or her status.

Thus, from the above we can conclude that the correct option is E.

Related Questions

At December 31, 2020, Sandra’s Boutique had 1850 gift certificates outstanding, which had been sold to customers during 2020 for $70 each. Sandra’s operates on a gross profit of 60% of its sales. What amount of revenue pertaining to the 1850 outstanding gift certificates should be deferred at December 31, 2020?
Calculate The liabilities of a business having assets of 26,000 and in which the owner's equity is 18,000
Shares of common stock of the Samson Co. offer an expected total return of 13.00 percent. The dividend is increasing at a constant 5.40 percent per year. The dividend yield must be: Multiple Choice 2.41% 13.00% 5.40% 7.60% 18.40%
Faucet Company has 2,500,000 shares of common stock outstanding on December 31, year 1. An additional 500,000 shares of common stock were issued on April 1, year 2, and 250,000 more on July 1, year 2. On October 1, year 2, Faucet issued 5,000, $1,000 face value, 7% convertible bonds. Each bond is convertible into 40 shares of common stock. No bonds were converted into common stock in year 2. What is the number of shares to be used in computing basic earnings per share and diluted earnings per share, respectively, for the year ended December 31, year 2?
Which of the following best describes the primary role of auditors in financial reporting? A. Consultants that are hired by company management to advise on key matters related to competition, product pricing, employee retention, and financial reporting strategies. B. Key employees of the company that actively participate on the management team in strategic planning, product development, and financial reporting. C. Government employees assigned by local officials to ensure accurate financial reporting and operational integrity by the company. D. Independent party hired by management to express a professional opinion of the extent to which the company's financial reporting is in compliance with generally accepted accounting principles

Other things the same, when the price level rises, interest ratesa. rise, so firms increase investment.
b. rise, so firms decrease investment.
c. fall, so firms increase investment.
d. fall, so firms decrease investment.

Answers

B is the correct answer for this

Wolverine Company financial statements included the effects of these errors: Reported Net Income for Year 1 was $20,000. Reported Net Income for Year 2 was $18,000. Indicate the error in 12/31/2 Retained Earnings:

Answers

Answer:

Net income year 2 = $21,300

Explanation:

I looked for the missing information and found this:

Year Depreciation overstated Prepaid expense omitted

1 $2,500 $2,000

2 $4,000 $2,700

If your question doesn't include the same values, just adjust the answer.

Year 2's net income = net income (year 2) + overstated depreciation (year 2) + omitted prepaid expenses (year 1) - omitted prepaid expenses (year 2) = $18,000 + $4,000 + $2,000 - $2,700 = $21,300

Tucker Company makes chairs. Tucker has the following production budget for January - March. January February March Units Produced 10,064 11,918 8,277 Each chair produced uses 5 board feet of wood. Management wants ending inventory levels of raw materials to equal 20% of the production needs (in wood) for the next month. How many board feet of wood does Tucker need to purchase in February? Round your answer to the nearest whole number. Don't round any intermediate calculations.

Answers

Answer:

79,785

Explanation:

The computation of the purchase needed is shown below:

= February material + march material - January material

where,

February material = 11,918 units × 5 board feet = 59,590

March material = 8,277 × 5 board feet × 20% = 8,277

January material = 11,918 units × 5 board feet × 20% = 11,918

Now put these units to the above formula

So, the total units would equal to

= 59,590 + 8,277 + 11,918

= 79,785

Final answer:

Tucker Company needs to purchase approximately 55,949 board feet of wood in February to meet its production needs and desired inventory levels, when rounded to the nearest whole number.

Explanation:

To solve this problem, we need to first calculate the number of board feet of wood required for production in each month, and then consider the ending inventory levels desired by management.

Let's first calculate the amount of wood required for production each month. For each chair, Tucker requires 5 board feet of wood. Thus, for January, February, and March, they respectively require 10,064*5, 11,918*5 and 8,277*5 board feet, which equals 50,320, 59,590 and 41,385 board feet.
Next, we need to calculate the ending inventory of raw materials for February. Management wants this to be 20% of the production needs for March, or 0.20*41,385 = 8,277 board feet.
Now, to find the Raw Material to Purchase in February, you need to add the production needs for February and the desired ending inventory for February, then subtract the beginning inventory for February. The beginning inventory would be the ending inventory of January. As the ending inventory of January equals to 20% of February's needs, we have 0.20*59,590 = 11,918 board feet(same as the units produced in February).
Thus, the board foot of wood Tucker needs to purchase in February is: 59,590 (needs for February) + 8,277 (ending inventory for February) - 11,918 (beginning inventory for February) = 55,949 board feet.

So in answer to the question, Tucker needs to purchase approximately 55,949 board feet of wood in February (to the nearest whole number).

Learn more about Inventory Management here:

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What is the discount yield, bond equivalent yield, and effective annual return on a $2 million commercial paper issue that currently sells at 98.25 percent of its face value and is 128 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161))

Answers

Answer:

1. Discount yield = 4.92%

2. Dividend yield = 5.07%

3. Effective annual return = 5.02%

Explanation:

The computation of discount yield, bond equivalent yield, and effective annual return is shown below:-

Discount yield

Commercial paper $2,000,000

Current selling price $1,965,000

($2,000,000 × 98.25%)

Days to maturity 128

Discount yield ( total days in a year)360

Dividend yield 4.92%

($2,000,000 - $1,965,000) ÷ $2,000,000 × (360 ÷ 128)

= $35,000 ÷ $2,000,000 × (2.8125)

= 0.0175 × 2.8125

= 0.04921

= 4.92%

Bond equivalent yield

Commercial paper $2,000,000

Current selling price $1,965,000

($2,000,000 × 98.25%)

Days to maturity 128

Discount yield ( total days in a year)360

Bond equivalent yield 5.07%

= ($2,000,000 - $1,965,000) ÷ $1,965,000 × (365 ÷ 128)

= $35,000 ÷ $1,965,000 × 2.8515625

= 0.017811705 × 2.8515625

= 0.05079119

= 5.07%

3. Effective annual return

Bond equivalent yield 5.07%

Effective annual return 5.02%

= (1 + 5.07% ÷ 365)^365 -1

= 5.02%

Discuss the different types of competitive pressures that firms competing in a global marketplace face. How can firms respond to such pressures?

Answers

Explanation:

There are several types of competitive pressures that companies that compete in a global market face, we can mention as more relevant the number of companies that are in the market offering similar products, which means that there may be barriers for new entrants, and make companies need to significantly lower their unit costs and achieve economies of scale to keep their products / services at competitive prices.

In the global market there is also the pressure of socio-environmental responsibility that a company has in the locality in which it is operating, which makes it necessary to adapt the strategies and marketing of the company's operations, products and services to meet the legal and regulatory requirements. meet the demands of consumers according to their wishes and preferences to meet their needs and remain competitive and well positioned in the global market.

The future value of a dollar 1. increases with lower interest rates
2. increases with higher interest rates
3. increases with longer periods of time
4. decreases with longer periods of time

Answers

Answer:

C. 2 and 3

Explanation:

Note: Options to the question are as follows "A. 1 and 3, B. 1 and 4, C. 2 and 3, D. 2 and 4.

FV = PV(1 + r)^t

Future value of a dollar is the value of a dollar if it earns a certain interest fro a specified time. Future value increases with an increase in interest rates and time. Conversely, it decreases with a decrease in interest rates and time.

Thus, Option c is correct.

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Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $244,200 and 9,200 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $245,000 and actual direct labor-hours were 6,100. The overhead for the year was: (Round your intermediate calculations to 2 decimal places.)

Which of the following management actions is permissible during a union certification election? Promising benefits to employees if they reject the union Requiring all employees to attend "captive audience" speeches in the company auditorium regarding the union organizing effort Requiring small groups of employees to meet with management in a supervisor’s conference room to discuss the organizing effort Asking employees in advance of the election how they feel about the union

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