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3 years ago

What concept refers to all factors outside an organization that affect the organization's operation?

1 answer:

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Organizational environment is the concept that <span>refers to all factors outside an organization that affect the organization's operation. These factors affect performance, resources, and operations. These are factors to consider when predicting trends and making decision regarding the company. </span>

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Each of the following is an advantage of using cash EXCEPT:

Tcecarenko [31]

C. less painful parting with cash

8 0

3 years ago

Read 2 more answers

A handful of companies on the Fortune 500 list are more than 100 years old, which is rare. What organizational characteristics d

ohaa [14]

Answer:

Following are the organizational characteristics that explain the 100-year longevity of a company:

Explanation:

Selling Necessity Goods

Many of companies provide such goods and services which are essential for our everyday activities. Hence, people tend to buy from these companies as it is their routine to do so.

Laser-Sharp Customer Focus

These companies have always focused on the ever changing needs and demands of the customers and have worked accordingly. Hence their focus on customer service is the key to their success.

Willingness to Chart New Territory

Since customer needs are always evolving, all organizations celebrating centennials have taken significant gambles in order to expand their offerings. Steelcase, for instance, began as a furniture company but has recognized that the way people work has changed.

Ongoing Community Relationships

Long-lasting organizations also make their mark by giving back to the communities in which they’ve thrived. The GSUSA estimates that its members complete more than 75 million hours of community service annually.

These organizations have achieved so much because they have adapted their strategies to a changing world, and because they are always looking for ways to improve people’s lives. It is these traits that position them well no matter what the future holds.

8 0

3 years ago

Total 0 1 to 30 31 to 60 61 to 90 over 90

natulia [17]

Answer:

a. $25,650

b. Journal entries

Explanation:

The computation is shown below:

a. The balance of the Allowance for Doubtful Accounts is

= Total account receivable × estimated percentage

= $570,000 × 4.5%

= $25,650

b. The adjusting entry is as follows

Bad Debt Expense $13,650 ($25,650 - $12,000)

To Allowance for Doubtful Accounts $13,650

(Being the bad debt expense is recorded)

c. The adjusting entry is as follows

Bad Debt Expense $26,650 ($25,650 + $1,000)

To Allowance for Doubtful Accounts $26,650

(Being the bad debt expense is recorded)

4 0

3 years ago

Mia Wong's checking account had a balance of $3,100.55 on July 1. After looking at her bank statement, she noticed an NSF for $6

MaRussiya [10]

Given:
Checking account balance: 3,100.55
Add: note collected 600
deduct:
NSF 60.50
service charge: 12.55 <u> (73.05)</u>
reconciled checkbook bal. 3,627.50

The deposit in transit for 400 was already included in the 3,100.55 balance. That is why it is not included in the reconciliation.

4 0

3 years ago

A company makes two products in a single plant. It runs this plant for 100 hours each week. Each unit of product A that the comp

Olegator [25]

Answer:

Check the explanation

Explanation:

As per current limitation of emission, below will be the optimal solution.

The first attached image below is the screenshot of LP Table to be used to get the result -

The second attached image below is the formula used to get the result -

The third attached image below is the screenshot of solver with constraints, decision variable and objective -

the result is in the fourth attached image;

Product A - 15 units

Product B - 60 units

Total Contribution - 135000

Now EPA has allowed one additional unit of chemical emission. Hence, we will change the available quantity of chemical emission to 61 from 60. Rest all will be same as mentioned in earlier part. The fifth attached image below will be the updated optimal solution -

From the image, it is clear that company has 1 additional unit of particulate emission left (240-239), hence company can reduce the particulate emission by 1 units. Below will be the optimal solution -

Product A - 14

Product B - 61

Contribution - 136000 (increase in contribution by 1000)

Now, we can see that contribution has increased by 1000 which is equal to the contribution of 1 unit of product A.

1 unit of Product A is responsible for 4 unit of particulate emission. Hence company can reduce the emission further 4 units.

Final output will be as follows -

Product A - 13

Product B - 61

Contribution - 135000

Total Particulate Emission used = 13*4 + 61*3 = 235

Total Reduction in Particulate Emission = 240-235 = 5 units

Hence, company should willing to reduce the Particulate Emission by 5 units without affecting its Contribution Maximization objective.

3 0

3 years ago