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trasher [3.6K]
2 years ago
10

Several factors can contribute to long-term organizational success. one is the establishment of a core ideology that collins and

porras (2002) describe as "core values and sense of purpose beyond just making money" (p. 48). also, the importance of a visionary leader that guides and inspires people throughout the organization and remains relatively fixed for long periods of time is hard to over emphasize.
Business
1 answer:
andrew11 [14]2 years ago
8 0

Original Source Material

Student Version

Merck, in fact, epitomizes the ideological nature--the pragmatic idealism--of highly visionary companies. Our research showed that a fundamental element in the "ticking clock" of a visionary company is a core ideology--core values and a sense of purpose beyond just making money--that guides and inspires people throughout the organization and remains relatively fixed for long periods of time.

References:

Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

Several factors can contribute to long-term organizational success. One is the establishment of a core ideology that Collins and Porras (2002) describe as "core values and sense of purpose beyond just making money" (p. 48). Also, the importance of a visionary leader that guides and inspires people throughout the organization and remains relatively fixed for long periods of time is hard to over emphasize.

References:

Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

Which of the following is true for the Student Version above?

Word-for-Word plagiarism

Paraphrasing plagiarism

This is not plagiarism

This is not plagiarism.

Answer: Option 3.

<u>Explanation:</u>

Plagiarism in very simple words is the copying of the content of the document that has been written by some one else in to your own document. During this copying the due acknowledgement is also not given to the document from which it has been taken.

The document that has been talked about in the question above is not an example of plagiarism. The proof for this is the due acknowledgement given to the references from whose document the content has been taken into the document.

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Direct and Indirect Costs Kubin Company's relevant range of production is 18,000 to 22,000 units. When it produces and sells 20,
pychu [463]

Answer:

a) direct manufacturing cost    $220,000

b) indirect manufacturing cost $130,000

2 a) the manufacturing department cost will be of $350,000

  b) zero as direct material, labor and overhead can be determinated.

3) a) $40,000

  b) $50,000 advertizement.

4) No as we can set the object cost to determinate the direct and indirect cost of the adminsitrative expenses.

Explanation:

a) The direct manufacturing cost will be the variable manufacturing cost linked to the unit cost:

Materials $7 + Labor $4 = $11 per unit

20,000 units x $11.00 = $ 220,000

b) indirect manufacturing cost will be the overhead.

20,000 x ($1.5 + $5) = 130,000

2)

a) Materials, labor and overhead.

which totals for 350,000

2 b) all the manufacturing cost are traceable so zero.

3)

fixed selling

20,000 x 3.5 = 70,000

less 50,000 advertizement = 20,000

variable sales:

commisions $1 x 20,000 + 20,000 = 40,000 direct cost (sales persons)

b) the indirect cost will be the advertizement as cannot be linked directly to the sales person cost.

3 0
2 years ago
The earned income credit: a.Must be calculated on earned income as well as adjusted gross income in some cases. b.Is available o
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Answer:

Option A: Must be calculated on earned income as well as adjusted gross income in some cases

Explanation:

Earned Income Credit also abbreviated to EIC is known to be a refundable tax credit. It is usually for qualified (low-income) taxpayers who have earned income such as wages.

Earned income are simply wages, self-employment income, and eligible disability pay.

The reason/purpose of the Earned Income Credit is to limit or reduce the tax burden on working families with lower earned income.

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2 years ago
Delta Insurance is a property insurer that entered into a surplus-share reinsurance treaty with Eversafe Re. Delta has a retenti
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Answer:

Part a.

D entered in surplus share reinsurance treaty with E. D has a retention limit of $200,000 for a single building and up to nine lines of building can be ceded to E.

The value of the building is $1,600,000 and there is a loss of $800,000. Compute the loss that delta will pay in the following manner: Compute the underwriting capacity of 0 as follows:

Underwriting capacity = $200,000 + $200,000 x 9

= $200, 000 + $1,800, 000

= $2, 000,000

Therefore, the underwriting capacity of D is $2, 000,000

The policy issued is for $1.600.000. Compute the fraction of D and E as follows:

D = 200000 / 1600000

D = 1/8th

E = 1400000 / 1600000

E = 7/8th

Therefore: the fraction of D is 1/8th and fraction of E is 7/8th  

Compute the loss to be borne by D as follows:  

Loss borne by D = Total loss x Fraction of D

Loss borne by D = 800,000 x 1/8

Loss borne by D = 100000

Therefore, the loss to be borne by D is 100000

Part b.

Compute the amount that E would pay in the similar manner.

E would share for seven eighth of the loss. Here, the loss is of $800,000.  

Loss borne by E = Total loss x Fraction of E

Loss borne by E = 800,000 x 7/8

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Therefore, the loss repay by E is 700000

Part c.

This is a case of surplus share treaty where the re insurer accepts the insurance exceed in the retention limit of ceding company up to the maximum amount.

D has a retention limit of $200,000 for a single building so the total underwriting capacity for the 10 buildings will be 2000000

5 0
2 years ago
Exeter Company acquires 35% of the voting stock of Fenton Corporation for $7,000,000 on January 1, 2020. At the time, the book v
ArbitrLikvidat [17]

Answer:

a. $700,000.

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20,000,000 x 35% = 7,000,000

purchase cost:          7,000,000

nor goodwill or excess of value should be recognized.

But, if the face value is 15,000,000 then:

15,000,000 x 35% =  5,250,000

we recognize a goodwill of 1,750,000

which will be amortized over 5 year thus:

1,750,000 / 5 = 350,000

For the income of Frenton it will recognize the proportion of the net income and subtract the amortization on the goodwill.

3,000,000 x 35% =   1,050,000

amortization        <u>       (350,000)  </u>

<em>income from Frenton  700,000</em>

<em />

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2 years ago
Investors expect that Amalgamated Aircraft Parts, Inc. will pay a dividend of $2.50 in the coming year. Investors requirea 12% r
ELEN [110]

Answer:

$50

Explanation:

Dividend discount model (DDM) is used to calculate intrinsic value of a stock. Since the dividends are expected to grow indefinitely, the formula will be as follows;

Price (P0) = D1 / (r-g)

where D1 = Next year's dividend = 2.50

r = required rate of return = 12% or 0.12 as a decimal

g = dividend growth rate = 7%

Price (P0) = 2.50/(0.12-0.07)

P0 = 2.50 /0.05

P0 = $50

5 0
2 years ago
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