Project GLOBE, would rank Taryn's organization as high in the cultural dimension of assertiveness.
This cultural dimension of the company portrays an organization that encourages competitiveness and confrontation between employee relationships, being a performance-oriented organization.
Therefore, assertiveness in an organizational culture can be advantageous, as it encourages greater exposure of ideas and opinions, in an honest and direct way, which can:
- increase creativity and innovation.
- make the decision-making process more objective and faster.
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Answer:
d. $1,540 F
Explanation:
The formula to compute the variable overhead efficiency variance is shown below:
= (Actual direct labor hours - standard direct labor hours) × variable overhead per hour
where,
Actual direct labor hours is 2,380
And, the standard direct labor hours equal to
= 5,200 units × 0.5
= 2,600 hours
Now put these values to the above formula
So, the value would equal to
= (2,380 hours - 2,600 hours) × $7
= 1,540 favorable
Answer:
Received investment of cash by organizers and distributed to them 1,000 shares of $1 par value common stock with a market price of $40 per share
Dr. Cr.
Cash $40,000
Common stock @ 1 $1,000
Add-In capital Common Stock $39,000
Purchased $15,000 of equipment, paying $3,000 in cash and owing the rest on accounts payable to the manufacturer
Dr. Cr.
Equipment $15,000
Cash $3,000
Account Payable $12,000
Borrowed $10,000 cash from a bank
Dr. Cr.
Cash $10,000
Bank Loan $10,000
Loaned $800 to an employee who signed a note.
Dr. Cr.
Note Receivable $800
Cash $800
Purchased $13,000 of land paid $4,000 in cash and signed a mortgage note for the balance
Dr. Cr.
Land $13,000
Cash $4,000
Mortgage Note Payable $9,000
<span>The goal of utility maximization is to allocate your resources in order to maximize your satisfaction.
Utility maximization is a concept which is used in the economics which explains that when a person is making a decision to purchase anything, he/she prefer to get the greatest value that is possible but at the least amount of money.
</span>
If customers can see data about themselves on the business' computer system, it will enable them to make better and more informed decisions.
<h3>
How do information systems help businesses?</h3>
Business Information System, eases the process of decision making and simplifies the process of delivering the required information and hence assists in taking better decisions instantly. Business Information System (BIS) can be effectively implemented to help communication better between the employers and the employees.
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