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Daniel [21]
2 years ago
14

After the meeting to address how to handle a competitor that the group fears is about to take considerable market share from the

company, Terry learns that the competitor is actually laying off workers and is not likely to be the threat they thought it was. Terry decides not to tell the others about this development because the group was very confident in the decisions it made about how to better compete.
Business
1 answer:
viva [34]2 years ago
3 0

The question is incomplete:

After the meeting to address how to handle a competitor that the group fears is about to take considerable market share from the company, Terry learns that the competitor is actually laying off workers and is not likely to be the threat they thought it was. Terry decides not to tell the others about this development because the group was very confident in the decisions it made about how to better compete.

-Groupthink

-Mindguard

-Nominal Group Technique

Answer:

-Mindguard

Explanation:

-Groupthink is when a group get to an agreement without considering the consequences of the decision to avoid affecting the balance that the group has reached.

-Mindguard is when a person in the group gives limited information that can cause doubts to maintain the idea the group has.

-Nominal Group Technique is a method in which everyone is encouraged to provide ideas that are evaluated and chosen as a group to get to a quick agreement.

According to this, the answer is that this exemplifies mindguard because Terry is acting as a filter by not providing the information he knows to allow that the decisions that the group made are not affected as he doesn't want to damage the confidence the group has.

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Wanda is faced with an ethical dilemma. She knows her supervisor, the CFO, wants to accelerate the recoding of revenue to an ear
jolli1 [7]

Answer:

Wanda is most likely to refuse.

Explanation:

The stage 4 of Kohlberg's Moral Development Model is defined as the Law and Order Orientation Stage, in which doing what is dutiful is paramount. If Wanda accepted his supervisor's demands, she would be breaking a law (the GAAP), and this act would therefore go against what the Kohlberg's model proposes. She will most likely respect the law despite the conquesequences that this might have on her personal life (for example, being fired).

5 0
2 years ago
Jaxon Markets currently has credit terms of net 30, an average collection period of 29 days, and average receivables of $211,410
Fudgin [204]

Answer: $50,301

Explanation:

If they offered the new terms of 2/10, net 30 then 45 percent of their customers would pay on day 10 with the remainder paying on average in 32 days.

The collection period would therefore be;

= 0.45 * 10 + 0.55 * 32

= 22.1 days

Currently the Average Daily sales are;

= Average Receivables/ Average collection period

= 211,410/29

= $7,290

With the new collection period their Average receivables would be;

= 7,290 * 22.1

= $‭161,109‬

Potential cash to be freed up = Current Receivables - New receivables

= 211,410 - 161,109

= $50,301

7 0
2 years ago
Leo Consulting enters into a contract with Highgate University to restructure Highgate’s processes for purchasing goods from sup
fomenos

Answer:

The transaction price would Leo estimated for this contract is $30,000

Explanation:

The computation of the transaction price is shown below:

= (Fixed fee + additional amount) × chance + fixed fee × chance

= $35,000 × 50% + $25,000 × 50%

= $17,500 + $12,500

= $30,000

hence, the transaction price would Leo estimated for this contract is $30,000

We simply applied the above formula so that the correct answer could come

6 0
1 year ago
Xion Co. budgets a selling price of $80 per unit, variable costs of $35 per unit, and total fixed costs of $270,000. During June
nika2105 [10]

Answer and Explanation:

The preparation of flexible budget report is shown below:-

                                              Xion CO.

                                   Flexible budget report

                   Flexible budget    Actual results   Variances  Favorable/

                                                                                           Unfavorable

Sales             $864,000              $885,000        $21,000    Favorable

                   (10,800 × $80)

(-) Variable

cost            $378,000               $351,000          $27,000   Favorable

                    (10,800 × $35)

Contribution  $486,000             $534,000         $48,000   Favorable

(-) Fixed cost   $270,000            $285,000         $15,000   Unfavorable

Net income    $216,000              $249,000           $33,000  Favorable

8 0
2 years ago
What can be researched about a nonprofit organization through a regulatory agency?
Alex787 [66]

<u>Answer:</u>

<em>The level of compliance to nonprofit status regulations.</em>

<u>Explanation:</u>

<em>A non profit association (NGO) </em>is a non-benefit, native based gathering that capacities autonomously of government. Operational NGOs, which spotlight on improvement projects.

Although NGOs are constantly responsible monetarily to contributors, there are no lawful way to control their exercises abroad. (A few governments have compromised NGOs' assessment status when they have reprimanded the <em>international strategy of the benefactor government</em>.)

4 0
1 year ago
Read 2 more answers
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