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kap26 [50]
2 years ago
4

IBM's computer business is based on strong relationships with business customers. But they are losing business to lower-cost sol

utions like cloud computing. To stay healthy, IBM needed to create a new competitive advantage. To make the transition, the company needed a leader...
a. with a drive to succeed and lead
b. who was open-minded and extraverted
c. with the employees' trust and confidence
Business
2 answers:
hodyreva [135]2 years ago
7 0

Answer:

The correct option is C, the company needed a leader with employees' trust and confidence.

Explanation:

Apparently there is need for change in strategy at IBM's computers,as a result there is need for the company for a leader who would double both as the driver of the change as well as change champion, who has the traits to win employees' trust and confidence because succeeding on the change project requires that employees give their full support.

Ultimately, employees would only be willing to support and cooperate with a leader who has won their hearts through leadership by example.

olchik [2.2K]2 years ago
6 0

Answer:

C) with the employees' trust and confidence

Explanation:

IBM has a history of believing that it is too big and powerful that no one will even dare to put a fight against them, and guess what? They tend to lose very frequently, and it is the small guy that knocks them out. The first small guy to knock them out was Bill Gates. Yes, around 40 years ago Microsoft was a small company that almost destroyed IBM. In common terms, he beat the computer science out of them.

You would think that after liquidating their PC division, IBM would have learned the lesson, but you are wrong. Too many times they lost against apparently smaller competitors, and the only reason they survived was that they were larger than huge.  

But even good things can result from tragedies, and now IBM apparently has decided to focus on more modern businesses, (not strange for the company that owns the most patents in the world) and is providing businesses cloud, mobile, and big data solutions.

The change happened a couple of years ago, in 2018, when finally IBM's revenues stopped shrinking. But in order to do so, it had to break away from the past. And most importantly, they themselves had to believe that they could do it. If you do not believe that you can win, then you will never win. During too many years IBM suffered from the same evil as Sears, JC Penny, Yahoo, Kodak, General Motors, and others. A company's history is important, but customers do not purchase your history, they purchase your products and services.

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Use the information below for Jensen Company to answer the question that follow. Direct materials used $345,000 Direct labor inc
AnnZ [28]

Answer:

b.$995,000

Explanation:

Jensen Company

Direct materials used $345,000

Direct labor incurred 250,000

Factory overhead incurred 400,000

Product cost $995,000

Therefore Jensen Company's product costs is $995,000

Direct materials used $345,000 + Direct labor incurred 250,000 +Factory overhead incurred 400,000 =$995,000

8 0
2 years ago
Read 2 more answers
Consider two neighboring island countries called Felicidad and Arcadia. They each have 4 million labor hours available per week
iragen [17]

Answer:

Felicidad 80 million Jean

Arcadie    32 million Rye

Explanation:

To know which is the best in Rye production we haveto pick the one with the least opportunity cost (the country which producing Rye decreases less the production of Jeans)

Felicidad Rye opportunity cost 20/5 = 4  Jeans

Arcadia Rye opportunity cost  16/8 = 2 jeas

Arcadie will be the country with comparative advantage for Rye as it renounce to less units of Jeans than Felicidad

<em><u>The best country for jean production will be Felicidad</u></em>

4m x 20 = 80m jean

<em><u>The best country for Rye will be Arcadia</u></em>

4m x 8 = 32m Rye

8 0
2 years ago
Columbia Corporation produces a single product. The company's variable costing income statement for November appears below: Colu
Mekhanik [1.2K]

Answer:

Value of closing Inventory under absorption costing = $56,610

Explanation:

Provided sales for the month = $902,000 a the rate of $22 per unit.

That means sales in units = $902,000/ $22 = 41,000 units.

Provided opening stock of finished goods = 8,770 units

Production for the month of November = 35,560 units

Closing inventory = Opening + Manufactured - Sales

                              = 8,770 + 35,560 - 41,000 = 3,330

Under absorption costing only manufacturing overheads are added to the cost of goods, operating expenses like selling & administrative do not form part of that.

Variable cost of goods sold do not include operating expenses, as variable selling expenses are provided separately.

Therefore cost of goods sold per unit = $574,000/41,000 = $14 per unit.

Variable selling expenses will not form part of value of closing inventory under absorption costing.

Fixed manufacturing expenses will be considered fully with the production quantity of 35,560 units as no production capacity has been provided.

Manufacturing fixed cost per unit = $106,680/35,560 = $3 per unit

Value of closing Inventory = Cost of goods sold per unit + Fixed cost per unit allocated

= ($14 X 3,330) + ($3 X 3,330) = $56,610

8 0
2 years ago
Granite State Airlines serves the route between New York and Portsmouth, NH, with a single-flight-daily 100-seat aircraft. The o
TEA [102]

Answer:

Given data: One flight with total seats = 100

Full fare passengers, cost per ticket=$150, mean=56 passengers, SD=23

Discount fare passengers, cost per ticket=$100, mean=88 passengers, SD=44

(a) Here, though there is a hint to use the CDF, since the confidence interval is not given we will make some simplying assumptions that will reduce the complexity of the question, of course keeping the question statistically correct.

this question wants us to maximize total revenue per flight (one way), we can do that by taking only full fare passengers or total revenue will be 150*100=$15,000, but since historical probability shows a mean of 56 with a standard deviation of 23, we can assume in best case scenario total full fare ticket passengers will be 56+23=79, leaving 21 tickets for discount passenger, in this case the total revenues will be 79*150+21*100=$13,950

(b) Now, the new constrained policy is giving a clear cut number of seats to each category of pasengers, 44 for discount (total revenues 44*100) and 56 for full fare (total revenues 56*150) both of which are within the probabilities given earlier (full fare mean=56, discount mean=88). Total revenues in case will be 44*100+56*150=$12,800.

(c) Gain is the difference of the excess revenues in both cases of optimal total revenues and limited seats policy or answer (a) - answer (b) = $13,950- $12,800=$1,150

(d) Realistically speaking, there is no answer for this question without a clear cut confidence interval. Another simplifying assumption we can make here is taking the mean passengers as expected bookings (can be tweaked once confidence interval or degree of significance is given). so total revenues in this case will be 44*100 from discount and 56*150 from full fare passengers. That is still similar to answer (c) due to our assumption/lack of constraints, so our optimal booking will be 54 full fare tickets and 44 discount passenger tickets. You can also take worst case scenario by subtracting SD of each passenger type from the mean or go the best case scenario in which SD of full fare will be added to the mean while the pending seats (left over from 100) will be the total to discount fare for optimal revenue collection.

6 0
3 years ago
Read 2 more answers
On January 1, 2021, Gundy Enterprises purchases an office building for $316,000, paying $56,000 down and borrowing the remaining
andreyandreev [35.5K]

Total Payments      $378,542.00

Actual Payment on loan     $260,000.00

Interest Expenses          $118,542.00

<u>Explanation</u>

Date           General Journal            Debit            credit

1-Jan-18

                          Office                      $316,000

                             Cash                                              $56,000

                       Mortgage Payable                             $260,000

                (To record buying office)

2.  Amortization Schedule:

Date         Cash Paid         interest expense    Decrease in            Carrying

                                                                           value                         value

1/1/2018          0                        0                             0                          260000

1/31/2018        3154.52           1733.33                  1421.19                  258578.81

2/28/2018      3154.52          1723.86                 1430.66                  257148.15

Date     General Journal                   Debit                    Credit

1-Jan-18

             Mortgage Payable   $1,421.19

                    Interest expenses   $1,733.33

                            Cash                                                 $3,154.52

(To record first month payments)

          Interest Expenses                      Reducing the carrying value

First Payment   $1,733.33                                         $1,421.19

4. Total Payments      $378,542.00

Actual Payment on loan     $260,000.00

Interest Expenses          $118,542.00

 

8 0
2 years ago
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