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LUCKY_DIMON [66]
3 years ago
15

Ronson Foods, a corporation that operates more than 400 large supermarkets in 12 states in the northeastern United States, is co

nsidering acquiring East Coast Organics, a small chain of 26 specialty food stores known for their friendly atmosphere and humorous advertising. While many see the potential in this acquisition, some analysts worry about the integration process following the acquisition. What is a difference between the two that might cause difficult integration
Business
1 answer:
Kryger [21]3 years ago
7 0

Answer:

It is likely that the way things are done in  Ronson Foods is not the same as it is obtainable in  East Coast Organics,I meant cultural differences.

Explanation:

Without mincing words,culture is about the way things are done in a particular  business environment,ranging from the kind of attitude  to work expected from employees,their dress code,those things that are acceptable during working hours and those that are not acceptable.

For instance, in some organizations it is forbidden to smoke or drink during office hours while it is not a problem at all in some others,what is important is job delivery.

The major challenge with the prospective acquisition of East Coast Organics is cultural blend.

How do we achieve a balance between the two cultures that would be equitable enough for employees to adjust accordingly.

It might so interest one to note that cultural differences might force productive employees of East Coast Organics to another company where such issue does not arise.

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Options:

A) business games

B) programmed instructions

C) vestibule training

D) conference discussion

Answer: (A) Business Games

Explanation: Training and development is the process through which Organisation equip their staff with the needed and necessary skills to improve their performance. TRAINING CAN BE ACHIEVED THROUGH VARIOUS MEANS WHICH INCLUDES ON-THE-JOB TRAINING, JUST-IN-TIME TRAINING, BUSINESS GAMES etc. All this kinds of training and development are presently being used by businesses.

Business games is attained and development technique through which an employees are made to assume roles like the President,the vice president of Organisations of one or more hypothetical Organisation, and compete against each other by manipulating certain factors in a particular business situation, this is aimed at equiping them with the needed skills and finding the best.

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3 years ago
Marian moved from her spacious office, to one that was much less desirable. Although she was not happy about this, she didn't co
SOVA2 [1]

She exhibited cognitively sort of organizational conduct.

Organizational behavior(OB) is the multidisciplinary look at worker interactions and the organizational methods that searching for to create more green and cohesive groups.

In its middle, organizational behavior analyzes the effect of social and environmental factors that affect the manner personnel or groups work. The manner human beings engage, communicate, and collaborate is key to an agency's success.

Those kinds of conduct are proactive in nature and act to enhance situations for the man or woman, institution, or employer. Examples of these behaviors encompass trouble promoting, taking initiative, optimistic trade-orientated communication, innovation, and proactive socialization.

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6 0
2 years ago
How differently would you allocate assets between an elderly couple and a young entrepreneur?
vova2212 [387]

According to  conventional wisdom regarding asset allocation by age, you should hold a proportion of stocks equal to 100 minus your age. Therefore, if you are 40 years old, 60% of your portfolio should consist of equity. Criteria might be better changed to 110 minus your age or 120 minus your age because life expectancy increasing.

By deducting your present age from 100, you can utilize  rule of thumb to determine your asset allocation. It implies that as you get older, you should shift away from equity funds and toward debt funds and fixed income assets in your asset allocation.

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8 0
2 years ago
Claxton Company purchased a van on January​ 1, 2018, for​ $820,000. The estimated life of the van was five​ years, and its estim
vaieri [72.5K]

Answer:

The depreciation expense for 2020 is $215,100

Explanation:

Given

Claxton Company purchased a van on January​ 1, 2018, for​ $820,000.

Useful life = 5 years

Residual value = $103,000

Annual depreciation = ($820,000- $103,000)/5

                                 = $717,000/5

                                = $143,400

At the beginning of​ 2020, the asset would have been depreciated for 2 years (2018 and 2019)

Net book value = $820,000 - 2($143,400)

                          = $533,200

Since the residual value remains the same after a revision of the estimated useful life from 5 years to 4 years

The asset would only have 2 years left for depreciation.

Annual depreciation = ($533,200 - $103,000)/2

                                  = $430,200/2

                                  = $215,100

         

5 0
3 years ago
Giorgio Italian Market bought $11,100 worth of merchandise from Food Suppliers and signed a 120-day, 9% promissory note for the
Anvisha [2.4K]

Explanation:

The journal entry is as follows

Notes receivable A/c Dr $11,100

         To Sales A/c $11,100

(Being the sales is recorded)

Since the merchandise transaction is done through note receivable so we debited the note receivable account and the transaction is of sale type so the sales account is credited. Both the transactions are recorded at $11,100

4 0
3 years ago
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