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Ganezh [65]
4 years ago
8

Consider the following statements about goal congruence:

Business
1 answer:
Katen [24]4 years ago
6 0

Answer:

Letter C is correct. I and II.

Explanation:

I<em>. Goal congruence is obtained when managers of subunits throughout an organization strive to achieve the goals set by top management.</em>

<em>-</em>  This statement is correct because goal congruence is focused on the congruence of individual goals with organizational goals, ie organizational goals must be a priority for all employees.

II<em>. </em><em>Managers are often more concerned about the performance of their own subunits rather than the performance of the entire organization.</em>

-  Generally, the focus of the subunit manager is to delegate tasks to his or her subordinates in order to assist them with planning and organizing their activities, but it is necessary that effective management must be centered on establishing command and leadership focused on compliance with organizational goals as a whole.

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8 0
4 years ago
Durable goods such as _____________, furniture, and appliances will fluctuate more widely in sales over a business cycle than no
brilliants [131]

Answer:

D automobiles

Explanation:

In economic theory, a durable good is defined as that product (or service) that once acquired can be used a large number of times over time. Durable goods are those reusable goods and, although they may end up being spent, they are not consumed quickly as non-durable goods.  It is argued that durable goods are those that provide the consumer with a flow of service for a relatively long time, such as automobiles, furniture, homes, etc.  It is not necessary that a durable good be luxurious, for example an armchair is a durable good.  On the other hand, non-durable goods are depleted or consumed completely in the act of satisfying a need, such as food, water or electricity. It should be noted that one of the fundamental characteristics of durable goods is that they are bought today, while the flow of their services extends over time and that the benefits they yield in a period are proportional to the number of units that are removed from the stock, characteristics that resemble it with the investment in productive capital and is defined as a good that is consumed immediately, with a use or a life time of less than 3 years.

7 0
3 years ago
The correlation of stock XYZ with the market is 0.5 and its standard deviation is 40%. According to the CAPM the expected return
arsen [322]

According to the CAPM the expected return on XYZ should be:  C) 20%.

<h3>Expected return</h3>

Using this formula

Expected return= Market correlation of  stock x Standard deviation

Where:

Market correlation of stock=0.5

Standard deviation=40%

Let plug in  the formula

Expected return=0.5×40%

Expected return=20%

Inconclusion  According to the CAPM the expected return on XYZ should be:  C) 20%.

Learn more about expected return here:brainly.com/question/17135853

7 0
3 years ago
#1. Two traditional economies are trying to industrialize. The leaders of the first favor a command economic system. The leaders
Setler79 [48]
The right answer for the question that is being asked and shown above is that: "(1) The leaders of the first favor a command economic system. (2) tariff. (3) wo pet stores, one of which sells dog products and the other of which sells bird products. (4) A prominent actor begins displaying one of Rod's jewelry charms. (5) <span>Increasing funding for space exploration to boost high-tech employment and develop new technologies</span>
7 0
4 years ago
Read 2 more answers
Suppose that five years ago you borrowed $300,000 using a 30-year fixed-rate mortgage with an annual interest rate of 10% with m
Elenna [48]

Answer:

Please check the explanation below.

Explanation:

Rate of Interest =10% or 0.83% monthly

Monthly Payment under this plan=PMT(0.0083, 360, 300000) =$2,632.71

Loan outstanding after 5 years of payments =$289,723

New Interest Rate =8.5% or 0.7083% monthly

Balance Tenure= 25 years

New Monthly Installment =PMT(0.007083,300,289723) =$2,332.93

Monthly savings in installment reduction =$2,632.71 - 2,332.93 =$299.78

a. Net present value of refinancing = -0.05x289,723 + 299.78x{(1-(1+0.007083)-300)/0.007083}

                                                  = -14,486.15 + 299.78x124.1886

                                                  = -14,486.15 + 37,229.25

                                                  = 22,743.10

b. With new monthly installment, balance outstanding at the end of 8th year =$278,258

Net Present Value of Refinance = -0.05x289,723 + 299.78x{(1-(1+0.007083)-36)/0.007083}

                                                  = -14,486.15 + 299.78x31.68

                                                  = -14,486.15 + 9,446.46

                                                  = -4,989.68

c. For refinance loan to have net present value positive, let n payments are required,

NPV = -0.05x289,723 + 299.78x{(1-(1+0.007083)-n)/0.007083}

14,486.15 = 299.78x{(1-(1+0.007083)-n)/0.007083}

14,486.15x0.00783/299.78 =(1-(1.007083)-n)

0.3423 = 1-(1.007083)-n

(1.007083)-n = 0.6577

(1.007083)n = 1.5204

Taking Log both sides,

n = log(1.5204)/log(1.007083)

n = 59.36

Hence, he would need to make 60 payments for making NPV of refinance as zero.

3 0
3 years ago
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