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Liono4ka [1.6K]
4 years ago
6

During the meeting, Michael always wants to focus on business and has been pushing Norio to sign the contract, whereas Norio see

ms to like spending more time talking about personal preferences and hobbies, building up personal relationships before getting to business. Which dimension of Hofstede’s culture differences is most likely to be in conflict based on the cultures of Michael and Norio?
Business
1 answer:
Papessa [141]4 years ago
7 0

Answer:

b. Achievement vs. nurturing orientation.

Explanation:

In the scenario described by the question above, it can be seen that the dimension of Hofstede's cultural differences most likely to conflict with Michael and Norio's cultures is Achievement vs. nurturing orientation.

In this dimension, while an individual wants to gain recognition, feedback and achieve reasonable challenges, just like Michael. There is another individual, like Norio whose focus is on the emphasis on building personal relationships, concerned with the well-being of people and on interaction above any competition or personal success.

Therefore, in order to circumvent these possible conflicts, it is necessary that leaders develop cultural intelligence, which is the ability to adapt effectively in any multicultural relationship, facilitating business and interactions.

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Exercise 7-9 Variable and Absorption Costing Unit Product Costs and Income Statements [LO7-1, LO7-2, LO7-3]
Reil [10]

Answer:

1 a. Year 1 unit product cost = 45

     Year 2 unit product cost = 45

Notes: Unit product cost = Direct materials + direct labor + Variable manufacturing overhead = 25 + 15 + 5 = 45 units

1 b.                        Income statement

                                                     Year 1           Year 2

Sales                                         2,400,000    3,000,000

(40000*60); (50000*60)

Less:

Variable cost of goods sold     1,800,000     2,250,000    

Variable selling and adm.          80,000         100,000

Contribution margin                520,000        650,000

Less:

Fixed manufacturing overhead  250,000      250,000    

Fixed selling & adm expense      80,000         80,000

Net income                                  $190,000     $320,000

2 a.  Notes

                                                             Year 1   Year 2

Direct materials                                      25     25  

Direct labor                                              15     15  

Variable manufacturing overhead         5         5  

Fixed manufacturing overhead             <u> 5      6.25</u>

(250,000/50,000); (250,000/40000)

Unit product cost                                    50    51.25

b.                                 Income statement

                                              Year 1         Year 2

Sales                                   2400000    3000000

Less: cost of goods sold   <u>2000000</u>    <u>2550000</u>

Gross margin                      400,000     450,000

Less: Selling and                <u>160,000</u> <u> 180,000</u>

administrative expense  

Net income                         240,000     270,000

Workings

Cost of goods sold for year 2 = (10,000* 50) + (40000 * 51.25)

= 500,000 + 2,050,000

= 25,500,000

3. Reconciliation                                Year 1          Year 2

Variable costing net operating        190,000      320,000

income (loss)    

Add: Deferred fixed overhead          50,000

in ending inventory (10000*5)  

Less: Fixed overhead realized        <u>                     -50,000</u>

in beginning inventory(10000*5)

Absorption costing net operating   $240,000    270,000

income (loss)  

6 0
4 years ago
_____ is a process in which managers and employees at all levels set objectives for what they are to accomplish
erik [133]

This is management by objectives

8 0
3 years ago
Effective lessons planning helps early childhood teachers
julia-pushkina [17]

Answer

An effective lesson planning helps early childhood teachers in the following;

• It ensures there is alignment across grades

• Prevents teaching from cover to cover

• It enables teachers to know “how to teach”

• Lesson plan improves the confidence of a teacher which teaching

• Effective lesson plan can be used by other instructors to teach

Explanation

There are many benefits of having a well organized and a clear lesson plan for a set of lessons. A good plan will allow for efficiency in learning and teaching. A teacher is therefore advised to adapt the plans in order to respond to questions raised by students in class and serve the needs of the students. It is better to thoroughly prepare but in class teachers should teach the students not the plan.


6 0
4 years ago
Mort is employed as brick layer. on the weekends, he also does some landscaping for several businesses and received five forms 1
Bingel [31]
<span>The answer is "$100 of interest and $50 of the personal property tax".

</span><span>Mort paid $400 of interest on the van loan
and he paid personal property tax of $200
Now,
Interest = 25% of $400 
=25/100 x 400 = 0.25 x 400 
Interest =$100

personal property tax = 25% of $200
=25/100 x 200 = 0.25 x 200
</span>personal property tax = $50<span>

</span>
4 0
3 years ago
Name two advantages offered by a credit union.
marin [14]

Answer:

Credit unions offer some of the best rates on credit products such as car loans, mortgages and credit cards. They provide fee-free checking accounts and savings accounts, too, without requiring a substantial minimum balance. That can be a huge relief when your funds dip into the single digits.

7 0
3 years ago
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