Answer:
The answer is: Develop a positive work culture
Explanation:
Ever since the Hawthorne experiments by Elton Mayo way back in the 1920´s it has been proved over and over again that happy and positive employees are more efficient, have lower staff turnover, are more creative, etc.. Simply they are better workers.
It is not always easy to achieve the goal of a happy working environment and there is no formula for doing so. Management knows the benefits (better recruitment, worker loyalty, higher job satisfaction, more job collaboration, better morale, less stress, better work performance, etc) but not everyone can make it happen.
Some ideas about how to make a positive work culture include:
- Let every employee know the vision of the company and the values the company stands for.
- Hire the right people.
- Make employees feel part of the unique story of the organization.
- The company must practice its values.
- Create a work environment were employees can connect with each other not only for working reasons but also on informal levels.
- And many more that can be unique for every company (i.e. Google is famous for offering its employee lots of perks)
Answer: c) Equity reduces by $2,000
Explanation:
Expenses have the effect of reducing the income that the company would have made. That income is classified under equity as retained earnings so when expenses like office rent reduce the income, they are reducing the company's equity as well.
This is why expenses are debited when they increase because they reduce the equity accounts which are credited when they increase.
Answer:
Very important
Explanation:
As supply chain management traditionally has focused on sourcing components, materials and other supplies as well as distribution. Marketing plays an increasingly important role in the process; it balances procurement by providing essential demand information and building the relationships that help improve the efficiency of supply chain operations
Therefore marketing functions as: promotion (inform the benefit of a product ) - pricing (stablish the correct price that comunicates to the intended market) - marketing information management (monitoring the marketplace, organizing and analyzing the results of data collection, and developing strategies for future marketing activities).
Answer:
The Break Even Point is the Sales Value that will cover the cost of production. Meaning the Sales Value that will bring profitability to Zero
Break Even sales for Company wide = $378,000
Break Even Value for Chicago is $111,429
And Break Even Value for Minneapolis is $120,000
The Addition of both Outlets/Offices Break Even Sales is less than the Company-wide because the Offices don't share in the Common Fixed Expense as these are specific to Group reporting.
Explanation:
Answer:
The correct answer is C
Explanation:
Bank asset is the assets which represent the ownership of the value capable of being converted into cash. So, the reserve which the banks hold or refrain from using will be classified as the asset for the bank. And the deposit made by the customer will be classified as the current liability as the bank allows the customers to use their deposits whenever they want to use.
Therefore, the reserve is a part of bank asset whereas the deposits will not be a part of bank asset.