Describe a situation from your own experience where goal congruence was lacking and undermined organisational control
Answers
Goal congruence refers to the situation where the objectives of the people involved in an organization align with those of the organization.
When there is a lack of goal congruence, it can undermine organizational control and lead to inefficiencies. An example of such a situation from my experience is given below: When I was working as an intern at a software development company, I observed a situation where the goals of the developers and the project manager were not aligned with those of the organization.
The project manager was given the task of completing a project within a specific deadline, but he was unable to get the developers to work on the project as quickly as he wanted. The developers, on the other hand, were more interested in creating high-quality code that met all of the requirements of the project rather than completing the project quickly. As a result, there was a lack of goal congruence between the developers and the project manager.
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Related Questions
Derby Phones is considering the introduction of a new model of headphones with the following price and cost characteristics. Sales price $ 270 per unit Variable costs 120 per unit Fixed costs 300,000 per month
Using Excel to perform CVP Analysis
Using Goal Seek function in Excel.
a) What number must Derby Phones sell to break-even?
b) What number must Derby Phones sell to make an operating profit of $6000 per month?
Answers
Derby Phones must sell 1667 units to break even, and must sell 2000 units to make an operating profit of $6000 per month.
To perform CVP (Cost-Volume-Profit) analysis in Excel using the Goal Seek function, follow these steps:
Open a new Excel worksheet.Create a table with the following headings in cells A1 to C1: "Units Sold," "Sales Revenue," and "Total Cost."In cell A2, enter the formula "=GoalSeek((B2-C2)*A2-D2, C2-A2, A2)".In cell B2, enter the formula "=A2*270" to calculate the total sales revenue.In cell C2, enter the formula "=A2*120+300000" to calculate the total cost.In cell D2, enter the value "6000" to represent the desired operating profit.Use the Goal Seek function (under the Data tab) to determine the number of units that must be sold to break even or achieve the desired operating profit.a) To determine the number of units that must be sold to break even, set the value in cell C2 equal to the value in cell D2. Using Goal Seek, change the value in cell A2 until the value in cell C2 equals the value in cell D2. The result should be 1667 units.
b) To determine the number of units that must be sold to make an operating profit of $6000 per month, use Goal Seek to set the value in cell C2 equal to the sum of the value in cell D2 and the product of the desired operating profit and the variable cost per unit. Using Goal Seek, change the value in cell A2 until the value in cell C2 equals the new target value. The result should be 2000 units.
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A person earns $40,000 per year. She deducts $2,000 for charitable donations. She also receives a $3,000 tax credit. What is the person's gross income
Answers
A person's annual income is $40,000. She subtracts $2,000 for donations to charity. If she is also given a $3,000 tax credit, her total income would be $38,000.
What is the tax credit?Tax credits are financial incentives that let some taxpayers deduct their accumulated credits from the total amount they repose on the state.
It can also be called as a “discount” that is offered by the state in some circumstances, or a credit given in recognition of prior tax payments. It is not considered as a part of person's income.
The person's gross income would be $38,000 ($40,000 – $2000), here, the Gross Income does not include the deduction, this is considered in the Net taxable income.
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3. what are common pool resources? what might be appropriate solutions to deal with the preservation of such resources?
Answers
The preservation of common pool resources requires a combination of policies, practices, and strategies that balance the needs of individuals and communities with the need to protect the resources for future generations.
Common pool resources (CPRs) are natural or human-made resources that are collectively owned or accessed by a group of individuals. These resources are typically characterized by rivalrous consumption, meaning that one person's use diminishes the availability or quality of the resource for others.
Examples of common pool resources include fisheries, forests, grazing lands, water bodies, and the atmosphere.
Preserving common pool resources presents significant challenges due to the potential for overexploitation or degradation. Several solutions can be effective in addressing the preservation of such resources:
Regulation and Governance: Implementing regulations, laws, and policies can help establish clear rules and guidelines for resource use. Effective governance structures can enforce compliance, establish quotas, set limits on extraction or access, and monitor resource conditions to prevent overuse.
Property Rights and Ownership: Assigning property rights or creating a system of ownership can incentivize individuals to take responsibility for resource conservation. By establishing clear ownership rights, individuals have a stake in the sustainable management and preservation of the resource.
Community-Based Management: Engaging local communities and involving them in decision-making processes can lead to more sustainable resource management.
Community-based management allows for local knowledge, customs, and practices to be integrated into conservation strategies, fostering a sense of ownership and responsibility.
Market-Based Approaches: Implementing market-based mechanisms such as tradable permits, cap-and-trade systems, or payment for ecosystem services can provide economic incentives for sustainable resource use. These mechanisms create economic value for preserving the resource, encouraging individuals to make conservation choices.
Education and Awareness: Promoting awareness and educating individuals about the importance of resource conservation can foster a culture of stewardship. By understanding the long-term benefits of sustainable resource use, individuals are more likely to adopt behaviors that preserve common pool resources.
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Question 2 (1 point)
Who benefits from a low interest rate? (Select the best answer.)
♡
The investor
The borrower
The lender
The credit card company
Answers
Answer: The borrower
Explanation:
Answer: The borrower
Explanation:
What was the interest rate if your balance on an investment of $357 at the end of six years is $1,128.36?
Answers
Answer: 36%
Explanation:
The formula for simple interest is:
= (Principal × Rate × Time) / 100
Here, the principal = $357
Time = 6 years
Interest = $1,128.36 - $357 = $771.36
To calculate the rate goes thus:
Interest = PRT / 100
771.36 = (357 × R × 6) / 100
771.36 = 2142R / 100
Cross multiply
771.36 × 100 = 2142R
77136 = 2142R
R = 77136 / 2142
R = 36.01
Rate = 36%
Therefore, the interest rate is 36%
An American car company sells 200 cars to Germany for a total of $600,000, while the United States imports 100 cars from a German car company for a total of $500,000 from Germany. What would be the effect of this trade agreement on the GDP of the United States?
Answers
The effect of this trade agreement on the GDP of the United States is the GDP of the country will increase due to net exports being positive.
What is an export?When any individual, organization, or country sends their goods to another country with the objective of sale is called a return. The organization receiving goods will provide money in exchange.
The GDP of a nation over a specific time period calculates the total value of all finished goods and services that are purchased by the end user. It records all production that takes place within a nation's boundaries.
This exchange will help to increase the flow of funds in the country and helps to increase the GDP of a country. When the country has more exports than imports it reflects more incoming cash which helps increase the economy as well.
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Gertrude takes out a $5,500 subsidized Stafford loan, which must be paid back in ten years. Gertrude will graduate four years after taking out the loan. If the loan has an interest rate of 6. 8%, compounded monthly, and Gertrude makes monthly payments, how much interest will she pay by the time the loan is repaid? Round all dollar values to the nearest cent. A. $4,462. 40 b. $1,213. 28 c. $1,713. 69 d. $2,094. 80.
Answers
The interest is the amount of payment that is given by the borrower to the lender of money, it is the excess amount that is paid for the use of money.
The amount of interest that Gertrude would pay is $2,908 to repay the total amount of the loan.
What is interest?Interest is the monetary charge for acquiring money, and it is mostly shown as a percentage, such as an annual percentage rate (APR).
Interest is the excess amount that is paid by the lender to use his money on a certain percentage, and it is repaid with the amount of principal.
Computation of Interest:
Given that,
Principal(P) = $5,550,
Interest Rate(i) = 6.8%,
\(\text{i} = \dfrac{6.8}{12\times100}\\\\\text{i} =0.005667\)
Number of monthly Installments(n)= 10×12 = 120.
Here, we apply the formula of E.M.I (Equated Monthly Installment):
\(\text{E.M.I.}= \dfrac{P\times i\times (1+i)^n}{(1+i)^n-1}\\\\\\\text{E.M.I.}=\dfrac{\$5,500\times 0.005667\times (1+0.005667)^1^2^0}{(1+0.005667)^1^2^0-1}\\\\\\\text{E.M.I.}=\$63.29\)
Here, the total installments of the loan are 120,
then the amount of total payment would be:
\(120\times\$63.29= \$7,594\)
Then, the amount of interest that is paid on the loan would be:
\(\text{Amount -Principal}= \text{Interest}\\\\\$7,594.28-\$5,500= \$2,094.28\\\\\\\text{Interest}= \$2,094.28\)
Therefore, the total amount of interest that Gertrude has to pay is $2,097.28.
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which verbal customer service skill avoids using terms and acronyms that won't mean much to people outside organization
Answers
The verbal customer service skill avoids using terms and acronyms that won't mean much to people outside organization is verbal communication skills.
What is verbal communication skill?Verbal communication refers to the ability of an individual who is a customer service representative to use the right and appropriate word to communicate to the customer. This done to please the customer.
Therefore, The verbal customer service skill avoids using terms and acronyms that won't mean much to people outside organization is verbal communication skills.
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why would you want to offer a down payment on an item such as a car or a house?
Answers
Answer:
A down payment helps the buyer to obtain ownership of the property or vehicle and also helps them to reduce the monthly payment towards the mortgage principal and interest. The buyer can get a lower interest rate by paying a higher down payment.
What is a business opportunity?
Answers
Answer:
a packaged business investment that allows the buyer to begin a business.
Explanation:
if a company expects to realize more of a deferred tax asset than they had estimated in the previous period, they should record a
Answers
A company should record an asset if it anticipates realizing more of a deferred tax asset than it had estimated in the prior period.
Let's say a business overpaid its taxes or paid them in advance for a specific financial term. The extra tax you paid in that situation is referred to as a deferred tax asset. As an asset on the balance sheet, these taxes are eventually repaid to the company or subtracted from subsequent taxes.
When there are discrepancies between tax laws and accounting principles or when there is a carryover of tax losses, a deferred tax asset may develop.
To reflect this, a deferred tax liability will be credited (increased) in the Statement of Financial Position, and a tax expense will be debited (increased) in the Statement of Profit or Loss.
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When using your debit card, ask your bank to block any --------- on your account.
Answers
Answer:
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Explanation:
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Lifelong Learning: Mastery Test
4
Select the correct answer.
Why do many organizations encourage their employees to be lifelong learners?
O A employees will be more able to handle increasing responsibilities
OB. employees will be more likely to follow company policies
OC employees will be more likely to remain loyal to the company
OD. employees will be more likely to interact well with each other
Reset
Next
Answers
Answer: A. employees will be more able to handle increasing responsibilities.
Explanation:
Lifelong learning refers to the ongoing pursuit of knowledge for personal or professional reasons. When a person is a lifelong learner, such person has a growth mindset and pushes himself or herself to find new ideas to solve challenges.
Several organizations encourage their employees to be lifelong learners in order for such employees to be able to handle increasing responsibilities. Some organizations send their employees to study some courses which will help in their growth and development and also to be able to handle certain responsibilities.
Describe the arrangement many parents and students make if the parent decides to take out a Parent PLUS Loan.
I NEED A ANSWER AS QUICKLY AS POSSIBLE I NEED TO TURN IN THIS TODAY
Answers
Parents of dependent undergraduates may use Direct PLUS Loans, which are federal loans, to aid with the cost of attending college or a career school. PLUS loans can help pay for educational expenses that other types of financial aid do not cover.
Are parents need to obtain a parental PLUS loan?A PLUS loan request from one parent only needs to be turned down. The student is not qualified for higher Stafford Loan limitations, though, if one parent is refused a PLUS loan while the other is authorized for one.
Is obtaining a parental PLUS loan simple?Although parent PLUS loans have fewer stringent credit standards than student loans from private lenders, your application could still be rejected if you have a poor credit history that will last for longer than a year. contracts for the sale of products worth more than $500.
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The two most important financial statements are the Income Statement and the: *
a)Trial balance
b)Balance sheet
c)Trading and profit and loss account
Answers
Answer:
B. balance sheet
Explanation:
enter mia profit/loss for the 2 month
Answers
Do you believe the lessons learned by the trainees are
transferable to and beneficial to the corporate/civilian
environment? Explain your answer, If you said yes, what are some of
those lessons? Pleas
Answers
As an AI language model, I do not have personal beliefs or opinions. However, it is generally accepted that the lessons learned by trainees in various contexts can be transferable and beneficial to the corporate/civilian environment.
Some of the lessons include:
Leadership skills: Trainees learn how to lead and manage others effectively, which is essential in any organizational setting.
Teamwork: Trainees learn how to work collaboratively with others towards a common goal, which is also vital in any corporate/civilian environment.
Communication skills: Trainees learn how to communicate effectively with others, both verbally and in writing, which is crucial in any workplace setting.
Problem-solving skills: Trainees learn how to identify problems and come up with solutions, which is essential in any organizational setting.
Adaptability: Trainees learn how to adapt to new situations and environments, which is important in any dynamic workplace.
Overall, the skills and knowledge gained through training programs can be valuable assets to individuals in their future careers, and can positively impact the organizations they work for.
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How do perception, learning and attitudes affect consumer decision making and how marketer influence these processes
Answers
Perception means how a person is thinking, learning refers to acquiring new knowledge and attitudes means feeling towers the product or service. Consumer decision-making is significantly influenced by perception, learning, and attitudes.
Perception, learning, and attitudes are all important factors that affect consumer decision making. Perception influences how a consumer interprets and evaluates stimuli in the marketplace. Learning affects how a consumer learns from past experiences and develops buying habits. Attitudes influence a consumer's predisposition towards a product or service. Marketers can influence these processes by designing their campaigns to appeal to the target audience's senses, past experiences, and biases.
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Which situation describes an oligopoly market structure? A. One company builds and sells all of the cars available in a developing country. B. Many different vendors sell the same few T-shirt designs to fans at a concert. C. Solar panels are only available from two companies operating in a country. D. A government gives one company full control over water treatment in a city.
Answers
Answer:
Answer C
Explanation:
Answer:C)
Explanation:just got it right<3
why do business need funding
Answers
when the price of a good or service changes, a. the demand curve shifts in the same direction. b. the supply curve shifts in the opposite direction. c. the demand curve shifts in the opposite direction. d. there is a movement along a given demand curve.
Answers
When the price of a good or service changes, there is a movement along a given demand curve.
The demand curve for that good moves when the price changes, right?A shift in the price of a good or service does not modify the demand curve; rather, it causes movement along a particular demand curve and often results in some change in the quantity sought.
when a product or service's pricing changes?Moving along the supply or demand curves implies that the quantity provided or demanded has changed as the price of a good or service changes.
How does demand alter when a good's price changes?The quantity demanded decreases as the price rises (but demand itself stays the same). Demand rises in proportion to price decline. This is the Demand Law. An inverse relationship is shown on a graph as a left to right, downward sloping line.
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lewis two-sector model marginal product of labor equal to the
Answers
True. In the Lewis model, the supply curve of labour to the industry is indeed horizontal when there is a surplus of labour in agriculture.
This means that the quantity of labour supplied to the industrial sector remains constant regardless of changes in wages. The horizontal supply curve indicates that there is an abundant supply of labour available from the agricultural sector, which can be absorbed by the industrial sector without affecting the wage rate. This condition persists as long as the marginal product of labour in agriculture is lower than the marginal product of labour in industry. The marginal product of labour refers to the additional output produced by an additional unit of labour. If the marginal product of labour in industry is higher than in agriculture, it implies that workers can be more productive and contribute more to output in the industrial sector. As a result, there is a greater demand for labour in industry, leading to a surplus of labour in agriculture and a horizontal supply curve for labour in the industrial sector.
Overall, the horizontal supply curve of labour in the Lewis model reflects the availability of surplus labour in agriculture and the potential for labour to be absorbed by the industrial sector as long as the marginal productivity differential between the two sectors exists.
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The supply curve of labour to the industry in the Lewis model is horizontal if there is surplus labour in agriculture. This condition persists as long as the marginal product of labour in agriculture is less than the marginal product of labour in industry. True or false
In what three ways does the government affect production of goods and services in the US economy?
Answers
a financial plan is most influenced by
Answers
Answer: priorities and goals
Explanation: because
The financial plan is most influenced by priorities and goals Option(b) is correct.
What does Financial Plan means?Overall utilization, a financial plan is a complete assessment of a singular's ongoing compensation and future financial state by utilizing current known factors to foresee future pay, resource values and withdrawal plans.
In business, a financial plan can allude to the three essential financial assertions monetary record, pay explanation, and income proclamation) made inside a field-tested strategy. Financial estimate or financial plan can likewise allude to a yearly projection of pay and costs for an organization, division, or division.
A financial plan can likewise be an assessment of money needs and a choice on the most proficient method to raise the money, like through getting or giving extra offers in an organization A financial plan might contain forthcoming financial explanations, which are comparative, however unique, than a financial plan. Financial plans are the whole financial bookkeeping outline of an organization. Complete financial plans contain all periods and exchange types.
Therefore Option(b) is correct.
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Aggressive pricing is typical during the
stage of the product life cycle.
A. decline
B. growth
C. introduction
D. plateau
E. stabilization
Answers
Aggressive pricing is typical during growth phase of the product lifecycle. Option B is correct.
What are aggressive pricing?It corresponds to a strategy of making the price of products lower than the competitors' products, to build a customer base, product knowledge and competitiveness.
Therefore, companies use the aggressive pricing strategy during the product growth phase to attract customers and market positioning.
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explain the term democracy!!
Answers
a system of government by the whole population or all the eligible members of a state, typically through elected representatives.
Hope this helps!
The primary benefit of in-house banking as used by a major corporation is: Group of answer choices Improved visibility and control over subsidiary cash assets minimized borrowing reduction in overall banking costs improved ability to manage internal and external FX risk
Answers
The primary benefit of in-house banking as used by a major corporation is a reduction in overall banking costs and improved ability to manage internal and external FX risk.
What is in-house banking?When something is done "in-house," it is done by a corporation on its own, as opposed to using outside vendors.
In-house legal teams, developers, marketers, and other specialist services are frequently used by larger organizations.
While outsourcing those divisions to third parties is typical practice for some businesses, maintaining those functions in-house can give a company better operational flexibility.
Automakers and banking institutions frequently use internal finance.
There are costs associated with retaining some experts on staff because they need to be paid a full-time salary even if they are not constantly needed.
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Select the correct answer. What is a SWoT analysis?
A. marketing strategy
B. a market research strategy
C. a strategy to spot opportunities D. a strategy to allocate resources E. astrategy to understand resource allocation
Answers
Answer:
B
Explanation:
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. SWOT analysis (or SWOT matrix) is a strategic planning technique used to help a person or organization identify strengths, weaknesses, opportunities, and threats related to business competition or project planning.
Answer:
I think its C.
Explanation:
I'm trying to find the answer, too, but I know it's not B because I got it wrong before. D and E don't match SWOT at all, so those are out. It's either A or C. C seems the better bet though, as what I've learned from the internet, it helps in deciding a market research strategy, not being one itself.
So C is the right answer from using the process of elimination.
if india traded textiles with the united states in exchange for corn products, this would be an example of which form of countertrade?
Answers
The United States government will profit from the import taxes levied on textiles from India.
If trade obstacles are removed, the United States will suffer. The United States will suffer from the removal of trade barriers because a flood of Indian textiles will be poured into the nation, stunting the development of domestic textile manufacturing enterprises. India has a competitive advantage over the US in the production of textiles since they are in higher demand than aircraft, which are only seldom needed. The United States government will profit from the import taxes levied on textiles from India. Since India will produce textiles at the lowest cost per unit and flood the USA with reasonably priced, high-quality apparel, the government will benefit greatly from import tariffs.
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Deciding to do the right or wrong thing is based on making what type of decision?
ethical
business ethics
unethical
a code
Answers
Answer:
ethical
Explanation: