Answer:
a. The probability that any one customers service costs will exceed the contract price of $200 is 0.0228
b. Warda expected profit per service contract is $50
Explanation:
a. In order to calculate the probability that any one customers service costs will exceed the contract price of $200 we would have to calculate first the z value as follows:
z=x-μ/σ
z=$200-$150/$25
z=2
Therefore, probability that any one customers service costs will exceed the contract price of $200 is p(x>$200)=p(z>2)
=1-p(z≤2)
=1-0.9772
=0.0228
The probability that any one customers service costs will exceed the contract price of $200 is 0.0228
b. To calculate Warda expected profit per service contract we would have to make the following calculation:
Warda expected profit per service contract=service charge per contract-expected cost
Warda expected profit per service contract=$200-$150
Warda expected profit per service contract=$50
Warda expected profit per service contract is $50
The term "organizational culture" describes the long-standing beliefs and values of an organization, as well as the staff members' views and the anticipated value of their work, which will affect their attitudes and conduct.
<h3>How does organizational culture affect individual and organizational performance?</h3>
Employee outcomes including productivity, performance, dedication, self-confidence, and ethical behavior have been linked to company culture. One of the key factors influencing an organization's performance is its culture, which has an impact on how its employees behave at work.
The performance of a company is significantly influenced by organizational culture. Organizational culture is viewed as a means of accomplishing tasks or as shared traits of organizations influencing the actions of organizational members and enhancing (or impeding) strategy achievement and performance.
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Answer:
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Answer:
Amortize loan woul´d be the best loan
Explanation:
Even though there are no options in the question, the amortize loan coul´d be the best loan, with equal principal payments.
This one is a scheduled periodic payments that are applied to both principal and interests. This one first pays off the relevant interests expense for the period, and then the payment reduces the principal
Some of the advantages are related to increased market share and product diversification, while the disadvantages are less flexibility and culture shock.
<h3 /><h3>What is an organizational merger?</h3>
Occurs in the legal merger of two or more companies with the aim of forming a new organization.
The horizontal merger occurs between two competitors, the vertical between a buyer and a seller, and the merger of conglomerates occurs in companies from different areas of activity.
Therefore, despite the advantages of increasing market value and positioning, the merger between companies can be a risky strategy if it is not established in a planned way.
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