Explanation:
Organizational culture is the set of values, policies, beliefs that is shared by all employees of an organization in order to drive the behavior of all organizational parts.
Some types of organizational culture may be:
- Power Culture: In this model of organizational culture, the focus is on leadership, usually attributed to the entrepreneur or a manager. It is more centralized and focused on results. There are also barriers to the development of skills and competencies among employees, due to the difficulty of implementing innovation in organizational processes, which is only incumbent on the leader.
- Role Culture: The focus is on employee performance, but there are still well-structured and inflexible processes that make it difficult for employees to implement innovation.
- People Culture: The focus of this type of culture is the employees, they are well valued, there is greater interaction between teams and there is a great chance for professional growth and development, as this is the most relevant type of culture for workers to collaborate with. innovative ideas and creative solutions to aid in organizational processes.
Answer:
a) the cost of production of Greengene's falls by $300 or more
b) there is no change in the cost of production
Explanation:
a) The leftover principle states that land rent equals the excess of total revenue over nonland costs. Mr. Greengene initial rent is already fixed at $500. The new method of growing cost of corn is now $300 per hectare. Lauren will continue to apply the leftover principle when collecting rent as long as the cost of production of Greengene's falls by $300 or more.
b) If Lauren decides to increase the rent to $800 when there is no change in the cost of production, she stands to lose Mr. Greengene as he will simply look for another land to rent from someone else. Therefore, Greengene's rent will be unchanged if there is no change in the cost of production.
Answer:
Explanation:
current year($) preceeding year($)
Land and building 6956 4863
Machinery ,equipment 37038 29639
internal-use software
Other fixed asset 5263 4513
Total asset 49257 39015
less:Accumulated depreciation -26786 -18391
and amortization
Book value 22471 20624
Additional fixed asset purchased : 49257 - 39015 = 10242 million
Depreciation : 26786 - 18391 = 8395
b) It is generally expected that apple fixed asset will increase as it requires latest fixed asset and technology for its manufacturing process.
