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tangare [24]
1 year ago
15

What are the implications of using criteria, such as baldrige, in assessing organizational culture needs? explain

Business
1 answer:
KIM [24]1 year ago
7 0

The implications of using criteria, such as baldrige, in assessing organizational culture needs to:

-Identify successes and opportunities of organization for improvement.

-Jump and start a new change initiative

-Energize the improvement initiatives

-Energize the workforce by motivating.

-Focus whole organization on common goals

-Assess the performance against the competition

-Align resources with  some strategic objectives

Baldrige self-assessment helps organizations to assess whether they are developing and deploying a good, balanced and systematic approach for running the organization.

No matter the organization is large or small, and no matter your industry or sector, you can use the Baldrige  Criteria to conduct a self-assessment of the organization.

It provides the best way to evaluate how well your organization is meeting its goals and objectives. Organizations use it to evaluate their processes and their impact on results.

To know more about Baldrige criteria here:

brainly.com/question/27960097

#SPJ4

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Santana Rey, owner of Business Solutions, decides to diversify her business by also manufacturing computer workstation furniture
Colt1911 [192]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Direct materials: $2,900 VARAIBLE

Factory overhead: $530 MIXED (ussually)

Direct labor: $900 VARIABLE

Beginning work in process: none (December 31, 2017)

Ending work in process: $520 (January 31, 2018)

Beginning finished goods inventory: none (December 31, 2017)

Ending finished goods inventory: $350 (January 31, 2018)

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 0 + 2,900 + 900 + 530 - 520

cost of goods manufactured= $3,810

<u>Now, we can determine the cost of goods sold:</u>

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

beginning finished inventory= 0

cost of goods manufactured= 3,810

ending finished inventory= (350)

Cost of goods manufactured= $3,460

7 0
3 years ago
Which market structure has a single company or seller in a market with many barriers to entry
yawa3891 [41]

Answer:

Monopoly

Explanation:

Monopoly is a form of market structure when a particular company dominate the market of a particular product leaving room for little or no competition.

3 0
2 years ago
Parker owned all of Odom Inc. Although the Investment in Odom Inc. account had a balance of $834,000, the subsidiary's 12,000 sh
Lorico [155]

Answer:

$128,400

Explanation:

Account balance $ 834,000,

Subsidiary's 12,000 at $56 per share. Odom Issued 3,000 at $70 per share

$ 56 X 12,000 = $672,000

$ 672,000+ $70 X 3,000 = $ 882,000

$ 882,000 X .80 = $ 705,600

$ 705,600 – $ 834,000 Investment Account Balance = $128,400

Therefore Reduction in Investment Account is $128,400

The Transaction affect the Investment in Odom inc account because their is reduction in the investment Account from $834,000 to $128,400

3 0
3 years ago
Suppose a tax of $3 is imposed on each new garden hose that is sold, resulting in a deadweight loss of $22,500. The supply curve
liq [111]

Answer: Equilibrium quantity of garden hoses after the tax is imposed is 85000.

Explanation:

Given that,

Dead weight Loss = $22500

Tax amount per unit (t) = $3

Equilibrium quantity before tax, Q_{b} = 1,00,000 units

Equilibrium quantity after tax, Q_{a} = ?

Dead weight Loss = \frac{1}{2} \times t \times (Q_{b} - Q_{a})

22500 = 0.5 × 3 × (100000 - Q_{a})

Q_{a} = 85000 units

∴ Equilibrium quantity of garden hoses after the tax is imposed is 85000.

4 0
3 years ago
Bringham Company issues bonds with a par value of $540,000 on their stated issue date. The bonds mature in 6 years and pay 9% an
Vladimir [108]

Answer:

1. $24,300

2. 12

3. the bond is trading at a discount.

4. $470,090.86

5. <u>Journal Entry</u>

Cash $470,090.86 (debit)

Bond Payable $470,090.86 (credit)

Explanation:

<u>1. seml-annual Interest payment</u>

Seml-annual Interest payment = ($540,000 × 9 %) ÷ 2

                                                  = $24,300

<u>2. Number of seml-annual Interest payment</u>

Number of seml-annual Interest payment = 6 years × 2

                                                                     = 12

<u>3. Issue</u>

The annual market rate for the bonds (YTM) ,  12% is greater than the coupon rate of the bond 9%.

The Price will be less than the par value and we say that the bond is trading at a discount.

<u>4. Computation of the Issue Price, PV</u>

PMT = $24,300

n = 12

YTM = 12 %

FV = $540,000

p/yr = 2

PV = ?

Using a Financial Calculator, the Issue Price, PV is $470,090.86

<u>5. Journal Entry</u>

Cash $470,090.86 (debit)

Bond Payable $470,090.86 (credit)

4 0
3 years ago
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