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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.

You might be interested in
Break-Even Sales Under Present and Proposed Conditions
solong [7]

Answer:

<h3>Portmann Company</h3>

1. Total variable costs = $89,000,000

Total fixed costs = $40,600,000

2. a Unit variable cost = $89

b. Unit contribution margin = $100

3. Break-even sales (units) = Fixed cost/Contribution margin per unit

= $40,600,000/$100

= 406,000 units

4. Break-even sales (units) = Fixed cost/Contribution margin per unit

= $45,100,000/$100

= 451,000 units

5. Break-even sales (units) to achieve target profit = (Fixed cost + Target Profit)/Contribution margin per unit

= ($45,100,000 + $59,400,000)/$100

= 1,045,000 units

6. Maximum operating income possible with the expanded plant is:

= $61,900,000

7. Operating income if the proposal is accepted and sales remain at the current level is:

= $54,900,000

Explanation:

a) Data and Calculations:

Sales volume during current year = 1,000,000

Sales price per unit during current year = $189

Income statement is as follows:

Sales                                $189,000,000

Cost of goods sold           (101,000,000)

Gross profit                      $88,000,000

Expenses:

Selling expenses             $16,000,000

Administrative expenses  12,600,000

Total expenses                (28,600,000)

Operating income          $59,400,000

                                      Variable    Fixed

Cost of goods sold           70%        30%

Selling expenses              75%        25%

Administrative expenses 50%        50%

Total variable costs for the current year:

                                      Variable  

Cost of goods sold           70% * $101,000,000 = $70,700,000

Selling expenses              75% * $16,000,000 =     12,000,000

Administrative expenses 50% * $12,600,000 =      6,300,000

Total variable costs = $89,000,000

Variable unit cost = $89 ($89,000,000/1,000,000)

Contribution per unit = $100 ($189 - $89)

Total fixed costs for the current year:

                                          Fixed

Cost of goods sold             30% * $101,000,000 = $30,300,000

Selling expenses                25% * $16,000,000  =      4,000,000

Administrative expenses   50% * $12,600,000 =       6,300,000

Total fixed costs =  $40,600,000

Projected sales for the next year = $202,230,000 ($189,000,000 + $13,230,000)

Percentage Increase in sales for the next year = $13,250,000/$189,000,000 * 100 = 7%

Fixed costs caused by expansion = $4,500,000

Total fixed costs = $45,100,000 ($40,600,000 + $4,500,000)

Variable costs = $95,230,000 ($89,000,000 * 1.07)

Contribution margin:

Sales                                $202,230,000

Variable costs                      95,230,000

Contribution margin        $107,000,000

Expenses:

Fixed costs                          45,100,000

Operating income            $61,900,000

Sales volume = 1,070,000 units (1,000,000 * 1.07)

Contribution per unit = $107,000,000/1,070,000 = $100

Sales at current level:

Sales                                $189,000,000

Variable costs                     89,000,000

Contribution                    $100,000,000

Fixed costs                          45,100,000  

Operating income           $54,900,000

6 0
3 years ago
What would be the net effect of the government increasing the taxes by $10 billion at the same time that it decreased spending b
vazorg [7]

Answer:

a

Explanation:

4 0
3 years ago
Beartowne Enterprises uses an activityminusbased costing system to assign costs in its autominusparts division.
zysi [14]

Answer:

Total manufacturing costs for Part 003 is:_________  $ 38625

Explanation:

Beartowne Enterprises

Activity Based Costing

<em>We multiply the rate of of each activity with allocation base to get the indirect activity costs.</em>

Total manufacturing costs for Part 003 is:_________

Materials Costs $ 8,000

Materials handling  = 2,300 moves *$3.00​/move= $ 6900

Assembling = 1,650 machine hours * $ 6.0= $ 9900

Packaging =  3,950 units * $3.50​/finished unit = $ 13825

Total Manufacturing Costs $ 38625

Given Data

Part​ # ​      # Produced      Materials Costs ​       # Moves      Machine Hrs.

Part 001         1,450                $1,500                    300             500

Part 002        5,500               $4,000                      500             300

Part 003         3,950               $8,000                  2,300              1,650

Activity .        Indirect Activity       Allocation    Cost allocation rate

Est                   Costs                          base

Materials      $55,000             Material moves         $3.00​/move

Assembling $195,000             Machine hours        $6.00​/machine hour

Packaging       $70,000           ​# of finished units     $3.50​/finished unit

5 0
3 years ago
Which of the following statements is true? Total revenue will equal zero when the demand for a product is unit elastic. When a f
Gre4nikov [31]

Answer:

Total revenue will equal zero when the demand for a product is unit elastic. FALSE

When a firm lowers its price its total revenue may either increase or decrease. TRUE

Whenever a firm raises its price its total revenue will increase.  FALSE

Whenever a firm increases its quantity sold its revenue will increase. FALSE

Explanation:

Price elasticity en the demand measures the porcentage of change in the quantity demandend when a price is changed.

When the porcentage of change in the quantity demanded is the same of the porcentage of change in the price we talk of unit elastic. The revenues will keep being the same no matter the change in the price.

When a firm lower the price of a good it can increase the revenues if the product has an elastic demand, it means that the porcentage of change in the quantity demanded is bigger than the porcentage in the change of the price, and if the product has an inelastic demand, the revenues will decrease. Price demand is inelastic when the porcentage of change in the quantity demanded is smaller than the porcentage in the change of the price.

7 0
3 years ago
What rule is important to remember when evaluating risk and return? The higher the risk, the higher the potential return. The hi
andrew-mc [135]

Answer: The higher the risk, the higher the return.

Returns from an investment refers to the gains or losses over a specified period, and is quoted as percentage.  

Risk refers to the possibility or the chance that the actual return that is earned is greater than or less than the return expected by the investor. Thus, uncertainty is another name for risk.  

If the returns from an investment are certain, the risk involved is low. When risk is low, the returns are also low. For e.g. the return from a T-bill is low because the risk of default is zero, since the government can print money to fund its debt.  

The higher the level of risk involved, the greater the potential for a higher return.  

5 0
4 years ago
Read 2 more answers
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