Kelly Realty loaned money and received the following notes during 2018:Note Date Principal Amount Interest Rate Term(1) Oct. 1 $28,000 6% 1 year(2) Jun. 30 22,000 10% 9 months(3) Sep. 19 14,000 14% 90 daysRequired:1. Determine the maturity date and maturity value of each note.2. Journalize the entries to establish each note Receivable and to record collection of principle and interest at maturity.Include a single adjusting entry on December 31, 2018, the fiscal year-end, to record accrued interest revenue on any applicable note.Explanations are not required.(Round to the nearest dollar)
Answers
Answer:
Kelly Realty
1. Determination of Maturity Date and Value for each note:
Note Principal Interest Rate Maturity Date Maturity Value
1. $28,000 6% Sept. 30 2019 $29,680
2. $22,000 10% March 31, 2019 $23,650
3. $14,000 14% Dec. 18, 2018 $14,490
b) Journal Entries to record receivables:
October 1:
Debit 6% Notes Receivable $28,000
Credit Cash Account $28,000
June 30:
Debit 10% Notes Receivable $22,000
Credit Cash Account $22,000
Sept 19:
Debit 14% Notes Receivable $14,000
Credit Cash Account $14,000
c) Journal Entries to record collection of principal and interest at maturity:
Sept. 30, 2019:
Debit Cash Account $29,680
Credit Interest on Note $1,680
Credit Notes Receivable $28,000
March 31:
Debit Cash Account $23,650
Credit Interest on Note $1,650
Credit Notes Receivable $22,000
Dec. 18, 2018:
Debit Cash Account $14,490
Credit Interest on Note $490
Credit Notes Receivable $14,000
d) Adjusting Entry:
Dec. 31, 2018:
Debit Interest on Notes Receivable $2,150
Credit Interest on Notes $2,150
Explanation:
a) Note Date Principal Amount Interest Rate Term
(1) Oct. 1 $28,000 6% 1 year
(2) Jun. 30 22,000 10% 9 months
(3) Sep. 19 14,000 14% 90 days
b) Interest on the notes:
Total For 2018
1. 6% of $28,000 = $1,680 $1,680 x 4/12 = $560
2. 10% of $22,000 x 9/12 = $1,650 $1,650 x 6/9 = $1,100
3. 14% of $14,000 x 90/360 = $490 $490 x 90/90 = $490
Total $3,820 $2,150
c) Interests on notes receivable are prorated accordingly.
Related Questions
Question 33 (12 points)
Listen
Suppose that an economy is producing real GDP valued at $15.5 trillion, but the
economy's potential level of production is $18 trillion. First explain what type of
production gap this is and how unemployment will be impacted. Then explain both
how the federal government might use its three fiscal policy tools and how the
Federal Reserve would use its three traditional monetary policy tools.
Answers
The type of production (or GDP) gap identified is the Negative production Gap. This is a situation where the economic output is less than the full capacity output.
How will the Negative Production Gap impact Unemployment?A negative Unemployment Gap always translates to low growth and further shortfall in output and increasing rates of unemployment.
Three fiscal policy tools that can be used to tackle this situation are:
The above tools are expansionary in nature. They have the effects of stimulating aggregate demand hence causing an expansion in production and reducing unemployment.
The three monetary tools that can be used to combat the above situation are:
Open Market Operations such as buying back government bonds;Reduced discount rates which increase money supply; andReducing reserve ratio are all expansionary. They will increase the money supply and stimulate aggregate demand.Learn more about Negative Production Gap at:
https://brainly.com/question/25940788
Determine the total expenses based on the following data
assets 72,000
owner's equity 70,000
revenues 20,000
liabilities 16,000
Answers
From the given data, it appears that the expenses result in a negative value of $-14,000. This indicates a deficit, which suggests that the company's liabilities and owner's equity exceed its assets.
To determine the total expenses based on the given data, we need to use the accounting equation: Assets = Liabilities + Owner's Equity. In this case, we are given the values of assets, owner's equity, and liabilities.
Assets = $72,000
Owner's Equity = $70,000
Liabilities = $16,000
Using the accounting equation, we can calculate the total expenses by rearranging the equation:
Expenses = Assets - Liabilities - Owner's Equity
Expenses = $72,000 - $16,000 - $70,000
Expenses = $-14,000
for more questions on expenses
https://brainly.com/question/28995167
#SPJ8
Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May:
Production data:
Pounds in process, May 1; materials 100% complete; conversion 80% complete 10,000
Pounds started into production during May 100,000
Pounds completed and transferred out _____
Pounds in process, May 31; materials 70% complete; conversion 30% complete 50,000
Cost data:
Work in process inventory, May 1:
Materials cost $152,300
Conversion cost $63,300
Cost added during May:
Materials cost $791,450
Conversion cost $348,100
Required:
a. Compute the equivalent units of production for materials and conversion for May.
b. Compute the cost per equivalent unit for materials and conversion for May.
c. Compute the cost of ending work in process inventory for materials, conversion, and in total for May.
d. Compute the cost of units transferred out to the next department for materials, conversion, and in total for May.
e. Prepare a cost reconciliation report for May.
Answers
Answer:
a. Equivalent units
Materials = Beginning inventory + Units started and completed + Ending Inventory
Units started and completed = Pounds started into production - Pounds in process
= 100,000 - 50,000 = 50,000
= 10,000 + 50,000 + (70% * 50,000)
= 95,000
Conversion
= 10,000 + 50,000 + (30% * 50,000)
= 75,000
b. Material Cost per equivalent unit = Material cost/ Equivalent material units
= (Beginning material cost + Cost during May) / 95,000
= (152,300 + 791,450)/95,000
= $9.93
Conversion cost per Equi unit = Conversion cost/ Equivalent Conversion units
= (63,300 + 348,100)/75,000
= $5.49
c. Cost of Ending WIP Material = Material ending WIP * Cost per equivalent unit
= (70% * 50,000) * 9.93
= $347,550
Cost of Ending WIP Conversion = Conversion ending WIP * Cost per equivalent unit
= (30% * 50,000) * 5.49
= $82,350
Total = 347,550 + 82,350 = $429,900
d. Units completed and transferred out = Beginning WIP inventory + Units started during May - Ending inventory
= 10,000 + 100,000 - 50,000
= 60,000
Materials cost transferred
= 60,000 *9.93
= $595,800
Conversion Cost transferred
= 60,000 * 5.49
= $329,400
Total = 595,800 + 329,400 = $925,200
e.
Beginning WIP inventory(152,300 + 63,300) $215,600
Current costs (791,450 + 348,100) $1,139,550
Total costs $1,355,150
Cost accounted:
Cost of units completed and transferred $925,200
Cost of ending work in process $429,900
Total costs accounted for $1,355,150
Inspectors are responsible for what:
A. Making rules and regulations
B. Choosing where businesses can operate
c. Enforcing rules and regulations
D. Making employment laws
Answers
H oohchigicig
Igxugxugxuhxu guugxugxug
Which trade measurement includes services, foreign investments, loans and foreign aid, financial capital, and financial transfers?
Trade Deficit
Balance of Payments
Trade Barriers
Balance of Trade Surpluses
Answers
The trade measurement that includes services, foreign investments, loans and foreign aid, financial capital, and financial transfers are "Balance of Payments.'
It is sometimes referred to as the balance of international payments.
Balance of Payments is a summation of all transactions activities conducted by a country both inside and outside the country.
This includes business activities such as individuals, companies, and government bodies inside a particular country and those of that country's citizens in the foreign land.
Hence, in this case, it is concluded that the correct answer is option B. "Balance of Payment."
Learn more here: https://brainly.com/question/13930387
Which report do you produce to see total sales for the company?
Answers
Explain Maitland’s argument for morality of sweatshops.
a. You need to understand the Classic Liberal Standard in contrast to other standards.
b. Consistently Libertarian, his argument is both Kantian and Utilitarian. You need to know why.
2. Why does Maitland thing that requiring a living wage in sweatshops is itself immoral?
a. This is primarily an economic argument that leads to a moral judgment. You need to explain why.
3. According to Arnold’s and Bowie’s use of the Respect Principle, what do we owe other people?
a. Focus on what they say based on Thomas Hill’s work.
b. Contrast what they say with the way a Libertarian would argue about what we own others.
4. Explain Arnold’s and Bowie’s use of the Kantian Respect Principle in their discussion of a living wage.
a. It will be important to understand what is owed to other people.
Answers
Maitland's argument is utilitarian and Kantian in that he upholds the autonomy of the individual and contends that the overall advantages of sweatshops such as increased economic growth and the eradication of poverty outweigh any potential drawbacks. The shops intentions are misguided and they would actually do more harm than good.
1. The Classic Liberal Standard, on which Maitland's argument is predicated, asserts that people have the right to pursue their own self interest without interference or coercion as long as they do not harm others in the process.
Maitland contends that employment opportunities in sweatshops are appealing to workers and frequently superior to those offered by other sources.
2.Maitland contends that requiring a living wage in sweatshops is morally wrong in and of itself because it would stunt economic development and raise unemployment in developing nations. He contends that wages in sweatshops are frequently higher than the going rate in the neighborhood and that employees have the option of working there or not.
According to him, mandating a living wage would raise the cost of labor and deter businesses from using sweatshops, which would limit the number of jobs available to workers. The main thrust of Maitland's argument is economic, but he thinks it ends up being moral because efforts to require a living wage would hurt the very people they are meant to help.
3. Arnold and Bowie emphasize the significance of treating employees as ends in themselves rather than as means to an end in their discussion of a living wage by applying the Kantian Respect Principle. They contend that employers have a moral duty to respect employees inherent dignity by paying them a living wage.
This rule is based on Kant's contention that people should always be regarded as ends in and of themselves, as opposed to merely being used as means to further our own goals.
Learn more about Maitland at:
brainly.com/question/29730553
#SPJ1
You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.
PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior
DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility
Answers
The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.
Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.
As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.
Learn more about lieutenant, here:
https://brainly.com/question/30148992
#SPJ1
A celebrity Persona:
A. is always the opposite of the Peron's true character
B. may often be an extension of the persons true self
C. can never be influenced by a person's experiences.
D. is usually more insensitive than the person really is
Answers
Answer:
D
Explanation:
Makes sense to me! Please tell me if wrong!
NEVERMIND DONT CHOOSE THIS ITS B
Which of the following characteristics does NOT usually apply to process operations?
A. Each unit of product is separately identifiable.
B. Partially completed products are transferred between processes.
C. Each process is a separate department.
D. A separate Work in Process Inventory is used for each process.
E. Costs are computed using equivalent units.
Answers
What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answers
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
Discussion Topic
Discuss the errors that can be detected through a trial balance. How are they spotted
and corrected? Consider a particular type of error and discuss how you would go about
correcting the error.
Answers
Inaccurate account balance calculation. Posting a journal entry incorrectly to the ledger. Incorrectly recording a transaction in the Journal. Incorrectly recording a transaction in the subsidiary books.
Which five errors have an impact on trial balance?Errors in Trial Balance include: Error of exchanges • Fragmented diary sections • Blunders in presenting diaries on the record • Wrong record account adjusts • Unrecorded exchanges • Copy exchanges • Non-cash exchanges excluded from the Preliminary Equilibrium • Exchanges outside.
How can we get rid of trial balance mistakes?Both the debit and credit sides of the account may be affected by the errors, which must be rectified by making a journal entry to correct the debit and credit. By reversing the impact of the incorrect entry on the debit and credit sides and restoring the correct debit and credit entry, an error can be corrected.
Learn more about Trial Balance here:
https://brainly.com/question/14476257
#SPJ1
According to the box "Reaching Beyond Our Borders, Tesla was able to do the impossible feat of
Multiple Choice
opening up a new auto plant in China in under 18 months.
sending the first U.S. citizen to the moon.
building an electric bicycle that can be recharged on solar power.
building over 1 million vehicles each year.
Answers
Answer: Based on the information provided in the box “Reaching Beyond Our Borders,” the correct answer would be option A: opening up a new auto plant in China in under 18 months.
In the indicated time, Tesla indeed managed to complete the incredible achievement of opening a new auto manufacturing plant in China in under 18 months, a testament to their commitment to advancing the use of renewable energy and marking a significant expansion in their global presence.
Explanation:According to the box 'Reaching Beyond Our Borders', Tesla was able to accomplish the seemingly impossible feat of opening up a new auto plant in China in under 18 months. This accomplishment was striking as it signified a significant leap towards promoting sustainable energy on a global level, given Tesla's primary focus on electric vehicles. Meanwhile the options of - sending the first U.S. citizen to the moon, building an electric bicycle that can be recharged on solar power, and building over 1 million vehicles each year - do not correctly match the facts reportedly associated with Tesla's activities within the given timeframe.
Learn more about Tesla here:
https://brainly.com/question/33326451
#SPJ2
Angelo works as the frozen food manager in a large grocery store. When his stock of two-pound bags of frozen shrimp gets down to two cases, he emails the warehouse to send ten cases to restock. The type of decision angelo is making about restocking shrimp is a.
Answers
The Nominal Group Technique (NGT) was developed to support group decision-making by allowing all members to participate fully. NGT is not a technique that should be used routinely in every meeting.
Rather, it is used to organize group meetings when members engage in problem solving and idea generation. The first step of the pre-mortem meeting is a brainstorming session, which is divided into her two parts. First, each team member should brainstorm potential project risks. The creative decision-making model refers to using design thinking to make decisions. It is recommended when the solution to a problem is not clear, when a new solution needs to be generated, and when there is time to dig into the problem.
Learn more about decision here-
https://brainly.com/question/27400967
#SPJ4
A mandatory seatbelt law ends up raising the number of traffic fatalities if it lowers fatalities per accident from 0.10 to 0.07 while raising the number of accidents per period from 35,000 to any more than:_______
Answers
Answer: 50,000
Explanation:
The question shows that at the current number of accident per period which is 35,000, 0.1 fatalities are recorded.
If the new seat belt law reduces the fatality rate from 0.1 to 0.07, how many accidents would have to occur for the new law to match the previous fatality rate given the previous number of accidents.
Let the new number of accidents be x;
35,000 * 0.1 = 0.07 * x
3,500 = 0.07x
x = 3,500/0.07
= 50,000
At 50,000 accidents, the new law will cause the same amount of fatalities than before. Anything more than 50,000 would lead to more fatalities than before.
This section is based on the case study titled: Maximising Media Relations for Effective Program Execution: UNICEF in Nigeria. This case study is found under the lesson 3 folder, and copies are under the additional resources folder. Please answer all these questions and ensure that you use the correct numbering as given in the question itself.
1. According to the case study, what is the role of public relations? [4]
2. Who are the stakeholders in this case study and their interests [5]
3. What were the strategic tactics and techniques used in the campaign [6]
4. What research methodology was used to develop this plan and discuss whether the programme was successful or not successful in your perspective. Provide evidence from the case study to support your argument. [10]
5. “For effective media relations, the public relations practitioner must understand how the media function and how reporters work” – (Baskin et al, pp:179). As a public relations practitioner what is your assessment of the use of mass media
in this programme and was the use of mass media the best option vs social media in
the programme? (We want to see the student present their own argument here) [5]
6. What did you learn in this case study? [5]
Answers
UNICEF in Nigeria uses strategic strategies and approaches for stakeholder engagement to maximize media relations for effective program execution. Here are the responses to the prompts.
What about the case study?This case study highlights how essential public relations is when it comes to creating a positive image for an organization while building meaningful relationships with important stakeholders.
In this instance UNICEF was determined to raise awareness regarding their programs in Nigeria by engaging local community leaders while effectively communicating their message to citizens via media outlets. Conversely Nigerias government prioritized developing strategies which addressed citizens' needs coupled with enhancing its reputation. The stakeholders involved included: UNICEF representatives; Nigerian government officials; members of various influential media organizations; respected community leaders; as well as concerned members of society at large.
To implement effective strategies required tactical thinking alongside techniques such as holding press conferences/ interviews with key players in local/the national press corps; partnering with appropriate organizations/media personalities across identified relevant industries: e.g governance/community activism or where its most needed. Various research methods were employed inclusive of conducting situational analyses regarding media trends in Nigeria.
Also stakeholder analysis was crucial to identify key targets that helped achieve desired outcomes. The UNICEF program gained excellent traction among its target audience through effective outreach and significant coverage.
As a practitioner involved in public relations work I believe that incorporating mass communication was instrumental in broadening the scope for the advocacy messages and amplifying visibility around necessary programs run by UNICEF globally. Moreover using social media channels served as a valuable medium through which younger demographics could be successfully engaged while receiving personalized insights.
The case study has several vital implications regarding understanding regional media landscapes and establishing relationships with important players operating within the regions.
Collaborative partnerships between local communities alongside other organizations pursuing common goals can result in expanded outreach capacity leading towards new opportunities for positive change. Finally this multifaceted approach utilizing various channels became pivotal not only for generating better visibility but also raising awareness on issues championed by UNICEF globally.
Learn more about UNICEF:
https://brainly.com/question/1057610
#SPJ1
(Economics)
In an essay of at least two well-developed paragraphs, explain the global benefits of international trade and multinational corporations.
Answers
International trade refers to the exchange of goods and services across national borders. It plays a significant role in promoting economic growth and providing several global benefits.
One of the primary advantages of international trade is that it allows countries to specialize in producing goods and services in which they have a comparative advantage. This means that countries can focus on producing goods that they can produce more efficiently and at a lower cost compared to other countries. As a result, resources are allocated more efficiently, leading to increased productivity and higher standards of living.Furthermore, international trade enables countries to access a wider variety of goods and services that may not be available domestically. This increases consumer choices and provides opportunities for individuals to enjoy a higher quality of life. For example, consumers in a landlocked country can still enjoy fresh seafood by importing it from coastal countries. Similarly, individuals in colder climates can purchase tropical fruits from countries where they are grown.Multinational corporations (MNCs) also contribute to the global benefits of international trade. These are companies that operate in multiple countries, with business activities ranging from production to distribution. MNCs play a crucial role in facilitating international trade by establishing global supply chains, investing in foreign markets, and creating jobs. They bring capital, technology, and managerial expertise to host countries, which can lead to economic development and improved living standards.Moreover, MNCs often engage in research and development (R&D) activities, driving innovation and technological advancements. This can have far-reaching benefits for both the host country and the global economy. For instance, a multinational pharmaceutical company conducting R&D in a developing country may discover new drugs or medical treatments that can benefit people worldwide.In conclusion, international trade and multinational corporations provide numerous global benefits. They promote specialization, resource allocation efficiency, and access to a wider variety of goods and services. Additionally, MNCs contribute to economic development, job creation, innovation, and technological advancements. Overall, international trade and MNCs play a crucial role in fostering economic growth and improving the well-being of individuals and nations around the world.
For more such questions on economic
https://brainly.com/question/17996535
#SPJ8
The operating budget provides a roadmap for financial plans for a short-term, future period. What is a typical “future period” for an operating budget?
Answers
An operating budget is a financial statement that outlines the organization's expenditures and revenues for a specific period.
The operating budget is typically for a fiscal year, which is usually twelve months. The future period for an operating budget is usually a fiscal year or less than a year. The operating budget is critical because it establishes guidelines for financial activities and operations in an organization. It provides a roadmap for financial plans for a short-term, future period, which typically begins on January 1st and ends on December 31st.
An organization creates an operating budget to aid in the allocation of resources and expenditures to achieve its objectives for a given period. A typical operating budget is for a fiscal year. A fiscal year is the period when an organization prepares its financial statements. It is usually 12 months, but it may be shorter or longer depending on the organization. An operating budget typically covers one fiscal year; however, it may be longer or shorter based on the organization's preferences.
The future period for an operating budget is frequently updated to reflect the company's current situation and financial standing. It takes into account the actual results of the previous period and the estimated expenditures and revenues for the upcoming year to develop the operating budget for a future period.
Know more about Operating budget here:
https://brainly.com/question/30766715
#SPJ8
Question 7: Which of the following is true about entrepreneurs and risk?
A. Entrepreneurs take more risks than the average person.
B. Risk is an objective assessment.
C. Entrepreneurs who take greater risks tend to be more successful than those who take fewer or smaller risks.
D. Most successful entrepreneurs are very calculated risk takers
Answers
The price of company stocks already trading on the stock market are determined by supply
and demand.
True
False
Answers
On December 15, 2021, Rigsby Sales Co. sold a tract of land that cost $3,600,000 for $4,500,000. Rigsby appropriately uses the installment sales method of accounting for this transaction. Terms called for a down payment of $500,000 with the balance in two equal annual installments payable on December 15, 2022, and December 15, 2023. Ignore interest charges. Rigsby has a December 31 year-end. In 2022, Rigsby would recognize realized gross profit of:
Answers
Answer:
I have the same gesture
Explanation:
idek
(Blank) exchange rates are determined by (blank)
forces and fluctuate against each other day
to day.
Dirty; government
Fixed; internal
Fixed; market
Floating; market
Answers
Answer:
Floating; market
Explanation:
A floating exchange rate system refers to the method of allowing the market forces to determine the exchange rate of a country. The government does influence the exchange rate. The market forces of demand and supply determine the exchange rate.
The foreign exchange market or Forex is the market for currencies. Demand and supply forces at the Forex fix the exchange rate of a floating currency.
Hofstede's Cultural Dimensions
The most important factor influencing international HRM is the culture of the country in which a facility is located. Culture affects employees' worldview and the norms and values they hold. Culture has a pervasive influence on other important attributes of a country, such as its legal system, human capital, economic system, and political system. As a result, culture strongly determines the effectiveness of most HRM practices. This makes a thorough understanding and appreciation of culture key for managing human resources globally
Hofstede's classification of cultural attributes has become one of the most commonly used methods for understanding culture. He identified five dimensions on which various cultures could be classified: (1) individual-collectivism, (2) power distance, (3) uncertainty avoidance, (4) masculinity-femininity dimension, and (5) long-termâshort-term orientation.
Carlos and Mary have just been assigned to work in foreign subsidiaries of their company. Carlos has worked in the headquarters of his company for five years and has now been given his first overseas assignment. Mary has just finished successfully turning around the struggling operations of one foreign subsidiary at her company and has now been tasked with doing the same in a different country.
Read the statements and explanations for each statement below, then for each select which is the correct cultural dimension.
a. High Individualism
b. High Collectivism
c. High Power Distance
d. Low Power Distance
e. High Uncertainty Avoidance
f. Low Uncertainty Avoidance
g. High Masculinity
h. High Femininity
i. Long-Term Orientation
j. Short-Term Orientation
1. In Carlos' experience, people in this country seek to reduce inequalities in money and wealth.
2. In Mary's experience, individuals in this culture tend to live in the moment' instead of planning for the future.
3. In Carlos' experience, this culture places an emphasis on making investments that might have low current benefits but are expected to be profitable in the future.
4. In Maryâs experience, people in this culture like to show off, make money, and achieve highly visible accomplishments.
5. In Maryâs experience, people in this country rarely address others by their first names, instead relying on titles.
6. In Mary's experience, people in this country tend to look after their own interests instead of seeking protection from their larger community.
7. In Maryâs experience, this culture values rules, structure, and stability.
8. In Carlos' experience, people in this culture expect the larger community to protect them when they are in trouble.
9. In Carlos' experience, people in this culture are easygoing and flexible regarding different views.
10. ln Carlos' experience, this culture places a high value on protecting the natural environment and preserving quality of life, even if it means making less money.
Answers
Answer:\a. High Individualism.
Explanation:
Hope this helps!
The ford motor company makes a car in 2020 and sells it to the Jones family in 2021. Use the information to do complete the statement below
This event increases consumption in ________ and increased GDP in ______
Answers
Due to this incident, GDP will grow in 2021 and consumption will rise.The use of products and services by people or families is referred to as consumption.
It is an essential element of economic activity and is intimately related to consumer spending and economic growth. Lower levels of consumption could signify an uncertain or slowing economy, while higher levels could indicate improved consumer confidence and a robust economy. Due to the frequent use of limited resources, production of trash, and pollution, consumption can also have an adverse effect on the environment and resources. Income, pricing, tastes, and preferences, as well as government policies like taxes and subsidies, can all have an impact on the level of consumption. The importance of sustainable consumption, which strikes a balance between economic growth and environmental conservation
Learn more about Consumption here:
https://brainly.com/question/16025398
#SPJ4
What are the parts of a proposal?
Answers
What kind of business would you create if you had the chance and why
Answers
\( \huge \bold{answer}\)
Writing ebooks
Similar to blogging, e-books allow you to teach others new skills through a digital book that will cost readers a fraction of the price of a printed copy while offering them the same level of education. E-books are free to start and can be sold on huge platforms such as Amazon. You could even donate copies to not-for-profit organizations who believe in your cause.
What are the differences between first-generation OD and second-generation OD? What are the major changes between these two generations of OD practice? What do you think have been the losses or gains in the second generation of OD practice?
Answers
The main difference between the two generations of OD is that the first generation focuses on individual development, while the second generation focuses on the development of the entire organization.
1st generation:
We focus on personal growth through T Group. Management Practices and Employee Participation.
- Behavioral surveys, survey feedback and sociotechnical systems.
Second generation:
It highlighted larger system-wide concerns such as culture, change management, and organizational development. I think there are some gains and losses. OD is not a one-size-fits-all approach. Different organizations therefore require different approaches. It is a win in the sense that they are new and improved because there are new experiences and research programs and scholars build on previous practices.
But it's a loss. Perhaps his OD practices in the 1st gen work best for a particular company, but are overlooked or heavily altered for the 'benefits' of the 2nd gen and never tried. because they won't try. In defining these groups, “first generation” refers to foreign-born individuals who have at least one foreign-born parent. People born in the Netherlands from at least one of their foreign-born parents belong to the 'second generation' (CBS, 2000).
Know more about development here:
https://brainly.com/question/28011228
#SPJ1
want more points?//.?
Answers
Answer:
Yes Please
Explanation:
So I can get more help in school since I'm failing.
Answer:
thx
Explanation:
A Herfindahl index of 0 suggests a. Monopolyb. Monopolistic competitionc. Perfect competitiond. Oligopoly
Answers
An index of 0 Herfindahl denotes monopoly.
A multiplayer board game with an economics focus is called Monopoly. By rolling two dice, players move around the game board to acquire, exchange, and develop real estate including houses and hotels. Players collect rent from their rivals in an effort to bankrupt them. There are extra ways to gain or lose money, including Tax squares, Chance cards, and Community Chest cards. Players receive a reward for each "Go" they pass. Additionally, they have the option of being imprisoned and barred from release until one of three conditions is met. House rules, multiple spin-offs, countless editions, and related media are all present. Monopoly has absorbed into international popular culture, with local license in more than 103 countries and printing in more than 37 languages.
Learn more about monopoly from
brainly.com/question/7217942
#SPJ4
Which federally supported credit agency was established to trade student loan debt?
A. Fannie Mae.
B. Freddie Mac.
C. Farmer Mac.
D. Sallie Mae.
Answers
Answer:
D. Sallie Mae.
Explanation:
Sallie Mae was established to trade students loan debt. The association provided debt management services. Initially it was known as the Student Loan Marketing Association and it was first set up in 1973. The association used to be if the government because it was used to give federal education loans. It became private later on and was used to finance private loans for education.