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natita [175]
3 years ago
15

Organizational climate is defined as the set of shared, taken-for-granted, implicit assumptions that a group holds and that dete

rmines how it perceives, thinks about, and reacts to its various environments.
a. True
b. False
Business
1 answer:
earnstyle [38]3 years ago
6 0

Answer:

False.

Explanation:

Organizational culture is defined as the set of shared, taken-for-granted, implicit assumptions that a group holds and that determines how it perceives, thinks about, and reacts to its various environments.

Generally, there are four (4) main functions of the organizational culture and these are;

1. To ensure social system stability.

2. To establish organizational identity.

3. To act as a sense making tool.

4. To encourage collective commitment in an organization.

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A restaurant served 27,000 customers in 2012. in 2014, the restaurant served 28,400 customers. write a linear model that represe
Kitty [74]
<span>You would first need to determine the increase in the number of customer served each year, inferred by the number of customers served in 2014 less the customers served in 2012, divided by 2 to determine single year growth. This gives us: (28,400 - 27,000) /2 = 700 There is a growth of 700 customers /year. Next, formulate the linear model with this information: yy = 700xx + 27,000 where xx is (model year - 2012). Therefore, the number of customers in the year 2020 would be: yy = 700xx + 27,000 yy = (700 * (2020 - 2012)) + 27,000 yy = (700 * 8) + 27,000 yy = 5,600 * 27,000 = 32,600 customers served in 2020</span>
3 0
3 years ago
Read 2 more answers
You have the following information for Waterway Industries for the month ended October 31, 2022. Waterway uses a periodic method
Sidana [21]

Answer:

Waterway Industries

A) The weighted-average cost is $28.527

B) Ending Inventory, cost of goods sold, gross profit:

                                     (1) LIFO          (2) FIFO          (3) Average-cost

Ending Inventory:          $2,660           $3,060               $2,853

Cost of goods sold:      $7,895            $7,495               $7,702

Gross profit:                  $3,780            $4,180               $3,973

Explanation:

a) Data and Calculations:

Date        Description              Units   Unit Cost Selling Price Total

Oct. 1      Beginning inventory   70        $26                            $1,820

Oct. 9     Purchase                   125          28                              3,500

Oct. 11     Sale                           (95)                         40                         $3,800

Oct. 17    Purchase                    95          29                             2,755

Oct. 22   Sale                           (70)                         45                            3,150

Oct. 25   Purchase                   80           31                             2,480

Oct. 29   Sale                         (105)                         45                           4,725

Oct. 31   Ending inventory      100    

Total: Goods available           370                                       $10,555

         Goods sold                  270                                                        $11,675

Weighted-average cost = Cost of goods available/Units available

= $10,555/370 = $28.527 per unit

Periodic method:

LIFO:

Ending inventory:

Oct. 1      Beginning inventory   70        $26  $1,820

Oct. 9     Purchase                     30          28       840

Total Ending inventory =          100               $2,660

Cost of goods sold = Cost of goods available - Ending inventory

= $10,555 - $2,660 = $7,895

Sales Revenue         $11,675

Cost of goods sold     7,895

Gross profit               $3,780

FIFO:

Ending inventory:

Oct. 17    Purchase                    20          29       $580

Oct. 25   Purchase                   80           31       2,480

Total Ending inventory =        100                   $3,060

Cost of goods sold = Cost of goods available - Ending inventory

= $10,555 - $3,060 = $7,495

Sales Revenue         $11,675

Cost of goods sold     7,495

Gross profit               $4,180

Average-cost:

Ending Inventory = $2,853 ($28.527 * 100)

Cost of goods sold = Cost of goods available - Ending inventory

= $10,555 - $2,853 = $7,702

Sales Revenue         $11,675

Cost of goods sold     7,702

Gross profit               $3,973

7 0
3 years ago
Red Top Cab Company receives multiple complaints per day about driver behavior. Over 9 days the owner recorded the number of cal
SpyIntel [72]

Answer:

The answer to this question is 13.35.

5 0
4 years ago
Let’s examine how the goals of the Fed influence its response to shocks. Suppose that in scenario A the Fed cares only about kee
dolphi86 [110]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

6 0
4 years ago
Deitz Corporation is projecting a cash balance of $30,600 in its December 31, 2019, balance sheet. Deitz’s schedule of expected
BabaBlast [244]

Answer:

<u>Cash Budget for the First Quarter.</u>

Total Receipts :

Collections From Customers                          $188,700

Sale of Equipment                                              $3,060

                                                                          $191,760

Total Payments :

Direct materials                                                $43,860

Direct labor                                                        $71,400

Manufacturing overhead                                 $35,700

Selling and administrative expenses             $45,900

Purchase of securities                                      $14,280

                                                                        $210,840

Net Receipts / (Payments)                              ($19,080)

Opening Balance                                            $30,600

Closing Balance                                                $11,520

Required Balance                                            $25,500

Loan (Shortfall)                                                  $14,250

Explanation:

A cash budget shows a future estimate of future cash incomes and cash expenditures.

4 0
4 years ago
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