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jeyben [28]
3 years ago
6

Culture is an integral part of any organization. Please define culture, how is it created, and give three examples of companies

with strong culture and explain how it is a competitive advantage for them. g
Business
1 answer:
Veronika [31]3 years ago
6 0

Answer:

Explanation:

An organization's culture shows the proper way that employees are expected to behave in an organization. Organizational culture is made up of values and shared beliefs which have been put in place by the leaders and then passed across to employees.

Organization cultures are created by several factors, such as founders preferences and values, goals, industry demands, and assumptions and maintained through leadership, employee onboarding, and reward system of the organization.

Examples of companies with strong organizational culture are:

• ‍Netflix: is a leading technology companies that is known worldwide. Netflix sets the highest standards for their employees. Standards are maintained by rewarding high performers.

• Google: ‍Google is an icon that most companies look up to. They give financial bonuses, free meals, employee social gatherings, gyms, parks, a dog-friendly environment etc. Google recruits the best hand and employees are motivated to work harder.

• Twitter: Twitter has a team-orientated environment and the employees enjoy rooftop meetings, health and fitness classes, friendly environment and continued education. Employees of Twitter believe that the work done by them matters and thus tends to aid productivity.

The company culture is a competitive advantage to these companies as it helps to improve employee retention, gives them a brand identity and also inspire the workers to work harder and achieve more.

You might be interested in
Caveman Clubs Inc. tested a new graphite golf club that they have developed, Model X-5. They did a series of experiments with go
Ostrovityanka [42]

Answer:

The Answer is B. Quantitative data

Explanation:

The testing on the golf club, determined a improvement in the driving distance and this was measured numerically and showed in form of a percentage in comparison with average measurements.

When the information is presented with numerical data support, we can say its a quantitative data, because it tells us "how much?".

When the information is presented just with adjetives, telling us about the performance its a qualitative data, because it tell us "how things happened?"

A control variable is the data that is going to modified in order to see changes is the independent variable. In this case, the control variable  could be the weight of the club (assumption), and the independent variable the driving distance data(not percentage).

4 0
3 years ago
A short forward contract that was negotiated some time ago will expire in 4-month and has a delivery price of $42.25. The curren
padilas [110]

Answer:

the  value of the short forward contract is -0.49

Explanation:

the computation of the value of the short forward contract is shown below:

= (Delivery price - current forward price)× e^(risk free interest rate × no of months ÷ total number of months)

= ($42.25 - $42.75)× e^(-7.90% × 4÷12)

= -0.49

Hence, the  value of the short forward contract is -0.49

Therefore the same should be considered  

8 0
3 years ago
The stock of Big Joe's has a beta of 1.64 and an expected return of 13.30 percent. The risk-free rate of return is 5.8 percent.
larisa86 [58]

Answer:

expected return on market = 0.10373 or 10.373%

Explanation:

Using the CAPM, we can calculate the required/expected rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.  

The formula for required rate of return under CAPM is,

r = rRF + Beta * rpM

Where,

  • rRF is the risk free rate
  • rpM is the market risk premium

We will first calculate the market risk premium using the required rate of return for stock, beta and risk free rate and plugging these values in the formula above.

0.1330 = 0.058 + 1.64 * rpM

0.1330 - 0.058 = 1.64 *rpM

0.075 = 1.64 * rpM

rpM = 0.075 / 1.64

rpM = 0.04573 or 4.573%

As we know that the beta for market is always equal to 1, we can calculate the rate of return for market as,

expected return on market = 0.058 + 1 * 0.04573

expected return on market = 0.10373 or 10.373%

7 0
3 years ago
Suppose you are an operations manager for a plant that manufactures batteries. Give an example of how you could use descriptive
Tatiana [17]

Please find full question attached

Answer:

Inferential statistics

Descriptive statistics

inferential statistics

descriptive statistics

Descriptive statistics

Inferential statistics

Explanation:

Descriptive statistics describes data and gives us a picture of what the data summary looks like using such things as mean and central tendency measures. Inferential statistics on the other hand aims to make predictions using the data based on data analysis such as collecting sample from population and constructing hypotheses to estimate outcomes for the general population. Example in the question, the first is inferential statistics as we make generalized predictions on batteries using data samples from the population of batteries of a particular type.

7 0
3 years ago
Each week, radio reaches about what percentage of all adults and teenagers? 94 percent, 91 percent
swat32

If each week radio reaches 94 percent of adults and 91 percent of teenagers, to get the average percentage it gets every week- with adults and teenagers, we have to add the two values and then divide them by two. So 94 + 91 is equal to 185 divided by 2 is 92.5% or 93%.

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5 0
3 years ago
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