The answer is psychological contract.
A broken psychological contract may occur when an employee believes that working extra would be naturally rewarded. This, however, may not be business policy. If the person is salaried, they may not be compensated for the extra hours worked.
Daily acts and remarks made in the workplace, as well as how they are interpreted by all parties involved, have an impact on the contract.
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In other words, it is a promise developed via regular workplace encounters in which the organization learns what is expected of each employee.
Psychological contracts evolve and adapt to the organizational working culture over time. However, they are generally difficult to change and can differ across individual party members and whole organizations.
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Answer:
a.Operating Cycle = Inventory Conversion period + Days Sales Outstanding = 100 + 35 = 135 Days
Cash Conversion Cycle = Inventory Conversion period + Days Sales Outstanding - Days Payables Outstanding
= 100 + 35 - 11 = 124 Days
b.If Carraway were to decide to take full advantage of its credit terms and delay payment until the last possible date , their cash conversion cycle is 100 + 35 - 51 = 84 Days
c.Carraway should take its suppliers offer to finance its inventory with the interest free 35 Day loan
Answer:
$1200
Explanation:
Gross Domestic Product (GDP) is the total market value of all of the final goods and services produced in a country over a particular period of time.
The contribution to GDP can be determined by adding the value created by each of the economic agents involved in the creation of the final goods and services
Arthur = 100 = 100
Bob = 300 - 100 = 200
Camille = 700 -300 = 400
Donita = 1200 - 700 = 500
Total Value 100 +200 +400 +500 = $1200.
You will observe that it is the same as the value of the final good i.e dress. In the production process, other goods involved are referred as intermediate goods
Answer:
$335,428
Explanation:
The computation of the plane operating cost is shown below:
Plane Operating Cost = Fixed cost + (Variable cost per unit × quantity) + (Variable cost per unit × quantity)
= $41,490 + ( $2,839 × 101 flights) + ($23 × 313 passengers)
= $41,490 + $286,739 + $7,199
= $335,428
We only considered the planned activity as we have to compute the plane operating cost for the planning budget
