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2 years ago

The degree to which someone's personality and values align with the organizational culture of a firm is called

1 answer:

Colt1911 [192]2 years ago

6 0

The degree to which someone's personality and values align with the organizational culture of a firm is called person-organization fit.

<h3>What is person-organization fit?</h3>

Person-organization (PO) fit is defined as the compatibility between people and organizations, which occurs when at least one entity provides what the other requires.

The main idea of person-organization fit is that people experience fit when they adopt goal pursuit strategies or engage in activities in a manner that matches their self with organization's goal.

Hence, the degree to which someone's personality and values align with the organizational culture of a firm is called person-organization fit.

Learn more about person-organization fit here : brainly.com/question/25922351

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5. Describe two risks involved in banking, and explain how banks can protect against those risks. (2

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Answer:

The two risks are liquidity risk and market risk.

Explanation:

The liquidity risk is the risk that the company will not be able to refinance its liability and this is the most important risk for the banking sector. The financial health of the organization when get worsen the company finds it impossible for it to refinance its liabilities. This has greater effects on the organization's operations.

The market risk is the risk due to the losses of the bank's trading and this is because the interest has moved un favorable in the country in which the bank is operating. The risk also includes its investment in forex, stocks, etc.

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3 years ago

Coronado Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $140,800 Allowance

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Answer:

a) Dr Bad Debt Expense $3,152

Cr Allowance for Doubtful Accounts $3,152

b) Dr Bad Debt Expense $7172

Cr Allowance for Doubtful Accounts $7172

Explanation:

A. Preparation of the journal entry to record bad debt expense assuming Coronado Company estimates bad debts at 4% of accounts receivable

Dr Bad Debt Expense $3,152

Cr Allowance for Doubtful Accounts $3,152

B. Preparation of the journal entry to record bad debt expense assuming Coronado Company estimates bad debts at 4% of accounts receivable but Allowance for Doubtful Accounts had a $1,540 debit balance.

Dr Bad Debt Expense $7172

Cr Allowance for Doubtful Accounts $7172

Working

(a) Allowance for Doubtful Accounts = 4% × $140,800 = $5,632 (desired credit balance in allowance account)

$5,632 - $2,480 = $3,152

(b) Allowance for Doubtful Accounts = [(4% × $140,800) + $1,540] = $7172

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3 years ago

What do the letters of the american fashion label "dkny" stand for?

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Donna Karan New York.

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3 years ago

There are more than 20 stores on the same street that specialize in selling the same quality and brand of wheat products. An ind

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Answer:

Pure competition

Explanation:

Pure competition is a market structure in which many competitors sell many similar products. Due to high competition, market prices will fall. Pure competition is also called full competition. Other characteristics of pure competition.
There are many buyers and many sellers for market information
There are no entry and exit barriers in the market
Companies sell homogeneous products
Firms cannot affect market value. Companies are price takers.
Production units are identical and operate independently.

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3 years ago

Marv's Furniture and Fixtures produces seats for movie theaters. Listed below are selected cost items for the seat production. C

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Answer:

Fixed cost is the one which remains fixed and doesn't changes within a range of level of activity changes which includes Factory property taxes (doesn't changes with furniture manufacturing), accounting staff salaries (doesn't changes with furniture manufacturing), sales office rent (doesn't changes with furniture manufacturing), Sales manager salary and Depreciation on factory equipment.

On the other hand, the variable cost changes with the change in the level of activity and this includes fabric for seats (greater usage for greater amount of seats), assembly labor and sales commissions paid.

Period cost is the cost that is associated with the passage of time and increases with the passage of time and is not dependent on level of activity.

This includes Factory property taxes, accounting staff salaries, sales office rent, Sales manager salary and Depreciation on factory equipment.

Product cost is the cost that is associated with costs that are directly linked with manufacturing of the product. This includes all the variable overheads, specific fixed cost and variable costs. The examples include Fabric for seats and Assembly labor.

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3 years ago