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trasher [3.6K]
3 years ago
10

Several factors can contribute to long-term organizational success. one is the establishment of a core ideology that collins and

porras (2002) describe as "core values and sense of purpose beyond just making money" (p. 48). also, the importance of a visionary leader that guides and inspires people throughout the organization and remains relatively fixed for long periods of time is hard to over emphasize.
Business
1 answer:
andrew11 [14]3 years ago
8 0

Original Source Material

Student Version

Merck, in fact, epitomizes the ideological nature--the pragmatic idealism--of highly visionary companies. Our research showed that a fundamental element in the "ticking clock" of a visionary company is a core ideology--core values and a sense of purpose beyond just making money--that guides and inspires people throughout the organization and remains relatively fixed for long periods of time.

References:

Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

Several factors can contribute to long-term organizational success. One is the establishment of a core ideology that Collins and Porras (2002) describe as "core values and sense of purpose beyond just making money" (p. 48). Also, the importance of a visionary leader that guides and inspires people throughout the organization and remains relatively fixed for long periods of time is hard to over emphasize.

References:

Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

Which of the following is true for the Student Version above?

Word-for-Word plagiarism

Paraphrasing plagiarism

This is not plagiarism

This is not plagiarism.

Answer: Option 3.

<u>Explanation:</u>

Plagiarism in very simple words is the copying of the content of the document that has been written by some one else in to your own document. During this copying the due acknowledgement is also not given to the document from which it has been taken.

The document that has been talked about in the question above is not an example of plagiarism. The proof for this is the due acknowledgement given to the references from whose document the content has been taken into the document.

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The research report must have the following attributes:

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3 years ago
Graphic imageA graph titled 'Changes in Employment, by Industry' is shown. Beneath the graph, the source is identified as the St
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Since 1986, it has increased every decade. The points in 1986 were between 60 and 90 million employees. It increased to over 90 million 10 years later, in 2006, and it reached up to 90 and 120 million employees.
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3 years ago
Pierre wants to use the loan manager to track the long-term liability for his new pickup truck. what accounts must he set up pri
dusya [7]

To track the long-term liability for his new pickup truck Pierre has to set up a long-term liability account register.  

A long-term liability account register lists transactions related to debts that are due in more than one year like a mortgage. . Long-term liabilities are also known as non-current liabilities You can use a long-term liability account register to track and manage transactions that affect your long-term liability account.

In a long-term liability account register Debt ratios (such as solvency ratios) compare liabilities to assets. The ratios may be modified to compare the total assets to long-term liabilities only.

This ratio is called long-term debt to assets. Long-term debt compared to total equity provides insight relating to a financing structure and financial leverage. Long-term debt compared to current liabilities also provides insight regarding the debt structure.

TO learn more about long-term liability account register here

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5 0
1 year ago
The actual cost of direct labor per hour is​ $16.00 and the standard cost of direct labor per hour is​ $9.50. The direct labor h
Alla [95]

Answer:

$19,713 unfavorable

Explanation:

Direct labor efficiency variance tells us that how the direct labor is used to product the standard numbers of share. It is calculate by multiplying the difference of actual labor hours and standard labor hours with standard rate.

Formula for the efficiency variance

Direct labor efficiency​ variance = (Actual Hours - Standard Hours ) x Standard Rate

Direct labor efficiency​ variance = (3,500 - (0.25x5,700 ) x $9.5

Direct labor efficiency​ variance = (3500 - 1425 ) x $9.5

Direct labor efficiency​ variance = $19,713 unfavorable

As the actual Labor hours spent is higher than the estimated so, the efficiency variance id unfavorable.

3 0
3 years ago
Benton Company (BC) has one owner, who is in the 33% Federal income tax bracket. BCâs gross income is $395,000, and its ordinary
densk [106]

Answer:

BC's net income = $395,000 - $245,000 = $150,000

A) if BC is a sole proprietorship, then the owner will pay income tax for the complete net income = $150,000 x 33% = $49,500

B) if BC is operated as a corporation, then the owner will only pay taxes on the salary earned = $100,000 x 33% = $33,000.

But the corporation will have to pay corporate taxes for its new net income = $150,000 - $100,000 = $50,000 x 21% (current corporate tax rate) = $10,500

Retained earnings = $50,000 - $10,500 = $39,500. When BC distributes its earnings, the owner will have to pay income taxes for the dividends received.

total taxes paid = $33,000 + $10,500 = $43,500, but in the future it will pay an additional $13,035 in taxes (= $39,500 x 33%)

C) if BC is operated as a corporation and no salaries are paid, then it will only pay corporate taxes = $150,000 x 21% = $31,500. When BC distributes its dividends, the owner will have to pay income taxes.

total taxes paid = $31,500 but in the future it will pay an additional $39,105 in taxes [= ($150,000 x 79%) x 33%)]

D) if BC is operated as a corporation, then the owner will only pay taxes on the salary earned = $100,000 x 33% = $33,000.

But the corporation will have to pay corporate taxes for its new net income = $150,000 - $100,000 = $50,000 x 21% (current corporate tax rate) = $10,500

Retained earnings = $50,000 - $10,500 = $39,500. When BC distributes its earnings, the owner will have to pay income taxes = $39,500 x 33% = $13,035

total taxes paid = $33,000 + $10,500 + $13,035 = $56,535

E) If Mr. Benton decides to change his sole proprietorship into a corporation, he will pay more taxes. If he wants to pay less taxes, the best option is to keep the company as a sole proprietorship. If he is worried about unlimited liability, he should change his company into a limited liability partnership or limited liability company, the problem is that he will need to find a partner (maybe his wife or a son/daughter).

4 0
3 years ago
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