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amm1812
3 years ago
12

Discuss why it is important for company managers to understand and use social capital knowledge to help build social ""ties"" am

ong their skilled knowledge workers so they can build employee loyalty toward the firm.
Business
1 answer:
s2008m [1.1K]3 years ago
3 0

Explanation:

Social capital can be defined as the integration of the company with people in its internal and external environment. It constitutes the network of relationships of an organization.

Therefore, it is correct to say that a company's social capital is extremely important for business success. It is necessary for managers to cultivate and encourage an organizational culture aimed at creating positive relationships and integration among employees. In addition to building an organizational climate more favorable to well-being and productivity, creating connections between company employees helps to increase motivation, creativity and innovation, which in fact contributes to a company being successful and positioned in the market .

For this, it is necessary for leaders to assume an ethical and respectful posture for their employees, in addition to expressing interest in the personal and professional history of their teammates, kindness and gratitude for the collaboration of employees. These small attitudes of the leader can help the company to invest in social capital and guarantee several essential benefits

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The manufacturing overhead budget at Cutchin Corporation is based on budgeted direct labor-hours. The direct labor budget indica
Setler [38]

Answer:

$59,080

Explanation:

The calculation of September cash disbursements is shown below:-

September cash disbursement = Company's budgeted fixed manufacturing overhead - Depreciation + Variable manufacturing overhead

= $43,120 - $3,640 + $7.00 × 2,800

= $43,120 - $3,640 + $19,600

= $62,720 - $3,640

= $59,080

Therefore for computing the September cash disbursement we simply applied the above formula.

4 0
3 years ago
Listed here are product costs for the production of soccer balls. Identify each cost (a) as either fixed or variable and (b) as
geniusboy [140]

Answer:

Product Cost Variable Or fixed Direct or indirect

1. Rubber core for soccer ball Variable Direct

2. Thread to hold leather together Variable Indirect

3. Taxes on factory Fixed Indirect

4. Wages on Assembly workers Variable Direct

5. Machinery depreciation Fixed Indirect

6. Annual flat fees paid for office security Fixed Indirect

7. Leather cover for soccer balls Variable

3 0
3 years ago
Joe is hired by a real estate company to complete a roofing job on one of their projects. The job is very specialized, he is und
IceJOKER [234]

Options:

Yes, Joe is an agent who has that authority.

No, Joe is an employee, but the employee does not have that authority.It depends whether Joe signed a written contract for his employment.

Yes, Joe is an employee.

No, not unless he possesses authority from the principal because Joe is an independent contractor.

Answer:No, not unless he possesses authority from the principal because Joe is an independent contractor

Explanation: An independent contractor is a third party engaged by a principal to transact certain specific jobs or accomplish a certain task on his behalf. An independent contractor does not have any power or authority to represent his or her principal especially when he or she is not authorized to do that on behalf of the principal.

JOE DOESN'T HAVE THE POWER OR AUTHORITY TO ENTER INTO ANY CONTRACT OR AGREEMENT WITH ANOTHER ENTITY FOR HIS PRINCIPAL EXCEPT WHEN GIVEN THE AUTHORITY TO DO SO.

4 0
3 years ago
Because of a defect discovered in its seat belts in December Year 1, an automobile manufacturer believes it is probable that it
Anna [14]

Answer:

Contingent liabilities refer to those obligations which might arise in the near future based upon the happening or non happening of a certain event and it's outcome.

Such liabilities are recorded if there is likeliness of an event happening and when they can be reasonably quantified and estimated.

In the given case, the automobile manufacturer will probably be required to recall it's products. The amount can be estimated.

In such cases, such expense is to be recognized in the income statement and at the same time a liability for such expenses needs to be created in the balance sheet. Product recall refers to replacement of defective products by the manufacturer. It is similar to a warranty.

Reporting on Dec 31 would be as follows,

Warranty Expense A/C                             Dr. $2.5

    To Warranty Liability                                            $2.5

(being product recall liability for for 2.5 million created)  

4 0
3 years ago
The ratio of all resources to the goods and services produced is referred as
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Multifactor productivity is the ratio of all resources to the goods and services produced. It is also known as total factor productivity and is a measure of economic performance that compares the amount of goods and services produced to the amount of combined inputs used to produce those goods and services. The inputs may include labor, capital, energy, materials, and purchased services.
8 0
3 years ago
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