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Margaret [11]
3 years ago
15

Describe how organizational culture is related to project management. What type of culture promotes a strong project environment

?
Business
1 answer:
alukav5142 [94]3 years ago
3 0

Explanation:

Every company regardless of its size or area of ​​activity has an organizational culture, formally instituted or not.

Organizational culture can be defined as the company's identity, it is a system of values, procedures and behaviors that are shared by all members of an organization. A culture can be rigid or flexible, innovative or conservative, strong or weak, hostile or supportive.

Therefore, the relationship that the organizational culture has with the project management area is the impact on the behavior and form of action of the project members, the culture has a relevant impact on the identity of the professional.

The ideal type of culture to promote a strong project environment is a culture focused on innovation and the guidance and coordination of staff, with an emphasis on the group, so that there is integration, motivation and a favorable climate.

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A company purchased 400 units at $75 per unit. The company sold 385 units. what is the cost of goods sold and ending inventory
schepotkina [342]

Answer:

Cost of goods sold $28,875

Ending inventory $1,125

Explanation:

Calculation for cost of goods sold and ending inventory

Cost of goods sold is calculated using this formula

Cost of goods sold=Sales units *Purchased per units

Let plug in the formula

Cost of goods sold=385 units *$75 per unit

Cost of goods sold=$28,875

Calculation for the ending inventory using this formula

Ending inventory=(Purchased units * purchased per unit) -Cost of goods sold

Let plug in the formula

Ending inventory=(400 units× 75 per unit) -$28,875

Ending inventory=$30,000-$28,875

Ending inventory=$1,125

Therefore the Cost of goods sold will be $28,875 while the Ending inventory will be $1,125

8 0
3 years ago
The new trade theory stresses that countries should have favorable factor endowments to excel in the production of a good.
frosja888 [35]

False. The new trade theory stresses that countries should have favorable factor endowments to excel in the production of a good. The New Trade Theory talks about companies focusing on certain products more in-depth since the world market only supports a limited number of firms. Since they can only back a few per product, if companies were to focus on a smaller amount of products they can specialize in them and create a better backing from the world market.

5 0
4 years ago
Which of the following is a good basic requirement for a satisfying career? A.It requires a lot of overtime. B.It allows for fre
Brums [2.3K]
C. it offers opportunities to learn and grow
3 0
4 years ago
Read 2 more answers
The corporation Mandy's Muffins makes a profit in 2015. The managers of Mandy's Muffins decide to distribute the profits to the
Ad libitum [116K]

Answer:

The correct answer is letter "D": dividends.

Explanation:

A Dividend is a corporate cash payout to its stakeholders. It is a form to distribute earning among investors who profit from the ownership of stocks. The payment is proportional to the number of stocks investors have and the price companies pay per share -usually fixed. Those payments could be provided quarterly, semi-annually, or once a year.

4 0
3 years ago
Flynn Industries has three activity cost pools and two products. It expects to produce 2,200 units of Product BC113 and 1,430 of
netineya [11]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the allocation rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Machine setup= 19,608 / 38= $516 per set up

Machining= 123,650 / 4,945= $25 per machine hour

Packing= 33,530 / 479= $70 per  order

<u>Now, we can allocate to each product:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Product BC113:

Machine setup= 516*21= $10,836

Machining= 25*1,122= $28,050

Packing= 70*192= $13,440

Total= $52,326

Product AD908:

Machine setup= 516*17= $8,772

Machining= 25*3,824= $95,600

Packing= 70*287= $20,090

Total= $124,462

<u>Finally, the unitary cost:</u>

Product BC113= 52,326 / 2,200= $28,79

Product AD908= 124,462 / 1,430= $87.04

3 0
3 years ago
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