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Snezhnost [94]
4 years ago
7

Today, the loyalty of a knowledge worker to his or her employing firm has __________ compared to his or her loyalty to his or he

r profession and colleagues.
Business
1 answer:
FrozenT [24]4 years ago
5 0

Answer:

The options for this question are the following:

A) increased

B) remained the same

C) decreased

D) no correlation when

The correct answer is C) decreased .

Explanation:

Organizational loyalty is an attitude of deep commitment of employees to the company and manifests itself in the things that our subordinates are willing to resign or do with sacrifice for the good of the organization.

In company management committees it is common to spend time discussing how to increase employee loyalty to the company. Often rates such as staff turnover, organizational climate, and employee satisfaction are considered key factors in increasing loyalty. While it is true that improving these indicators is convenient, their impact is not necessarily direct on what we would call genuine loyalty.

Situations such as unfair competition, information leaks, bad comments about the boss or the company are certainly signs of disloyalty on the part of the employees. But is frank disloyalty or betrayal of genuine or authentic loyalty the same? To resolve this concern, it is essential to clarify what we mean when we speak of organizational loyalty.

Loyalty is not merely compliance with the minimum requirements of labor law or the codes of conduct of our organizations. It would be strange to think that an employee who does not steal from us and who arrives to work every day on time is automatically classified as loyal. The legal minimums, while enforceable, are not exactly what we mean when we speak of loyalty.

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A recent news story reported that OPEC is expected to decrease the supply of oil next summer. Summer is traditionally a time of
Vsevolod [243]

Answer:

Option "A" is the correct answer to the following statement.

Explanation:

A current news article reported that next year, OPEC is expected to reduce oil supply.

Summer is typically a period of higher demand for oil owing to the many families traveling and going to the holiday sites.

  • Then it is a price increase and an unexpected amount shift.

The up-sloping demand curve, where there is little incentive to sell for increased prices, is moved to the right, since more vendors are willing to supply at a lower price, allowing volumes to increase for a particular price.

8 0
4 years ago
Grever is the East Coast manager of Hamilton Software Technolgy. Other managers are in charge of the West Coast, South, and Cent
butalik [34]

Answer:

geographical

functional

Explanation:

4 0
3 years ago
When reported in financial statements, a LIFO allowance account usually:
son4ous [18]

Answer: 2

Explanation: The LIFO is known as last in and first out. It is when the last purchased inventory is sold first.

The LIFO allowance account is derived by subtracting LIFO inventory carrying amount from what the inventory would have been under THE FIFO inventory system.

Therefore, LIFO reserves + LIFO inventory = FIFO inventory system.

FIFO is known as the first in, first out inventory system. It is when the inventory purchased first is disposed of first.

The LIFO allowance account is required to be disclosed by the US GAAP. It is recorded either in the balance sheet or in the notes to the financial statement.

I hope my answer helps.

Goodluck

6 0
3 years ago
A large company in the communication and publishing industry has quantified the relationship between the price of one of its pro
Advocard [28]

Answer:

a. The maximum profit that can be achieved is <u>$300,000</u>.

b. The unit price at this point of optimal demand is <u>$90</u>.

Explanation:

From the question, we can obtain the following:

x = Maximum expected demand = 6,000 units

Price = 150 - 0.01 x = 150 - (0.01 * 6,000) = 150 - 60 = $90

Fixed cost per year = $50,000

Variable cost per unit = $40

Total variable cost = Variable cost per unit * Maximum expected demand = $40 * 6,000 = $240,000

Total cost = Fixed cost + Total variable cost = $50,000 + $240,000 = $290,000

Revenue = Price * Maximum expected demand = $90 * 6,000 = $540,000

Therefore, we have:

a. What is the maximum profit that can be achieved if the maximum expected demand is 6,000 units per year?

Profit = Revenue - Total cost = $540,000 - $240,000 = $300,000

Therefore, the maximum profit that can be achieved is <u>$300,000</u>.

b. What is the unit price at this point of optimal demand?

As already stated above, the following are given in the question:

x = Maximum expected demand = 6,000

Price = 150 - 0.01 x ........................... (1)

Substitute for x in equation (1), we have:

Price = 150 - (0.01 * 6,000) = 150 - 60 = $90

Therefore, the unit price at this point of optimal demand is <u>$90</u>.

7 0
3 years ago
A list of concepts are provided below. Select the appropriate description for the concept.
STALIN [3.7K]

Answer:

1. Cash-basis accounting - <em><u>Companies record revenues when they receive cash and record expenses when they pay out cash.</u></em>

Unlike in Accrual basis accounting, here revenue is recognized when the money is paid regardless of if the payment for services comes after a year. The same goes for expenses. Tax authorities use the Cash basis.

2. Fiscal year - <em><u>An Accounting time period that is one year in length.</u></em>

This is the Accounting period for a firm. It runs for 12 months and depends on when they started business or when they want to report financials.

3. Revenue recognition principle - <em><u>Recognize revenue in the accounting period in which a performance obligation is satisfied</u></em>

This falls under the Accrual basis of accounting. It is recommended by GAAP. Revenue should be recognized only when the service has been accomplished regardless of when actual payment is made.

4. Expense recognition principle - <u><em>Efforts (expenses) should be matched with accomplishments (revenues).</em></u>

Follows the same premise as the Revenue recognition principle. Recognize expenses when incurred and should be matched to revenues.

8 0
4 years ago
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