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Nataly [62]
3 years ago
6

Ross is the CEO of IO Technological Solutions (IOTS), a multinational company. Ross stresses on a decentralized working environm

ent and is very friendly with his staff. In board meetings, he stresses that every top level employee at IOTS should focus on building a personal relationship with his or her team members and mentor them to succeed in their work. In this scenario, Ross focuses on a __________ for his company. Group of answer choices hierarchy culture market culture clan culture adhocracy culture
Business
1 answer:
Vadim26 [7]3 years ago
7 0

Answer: Clan culture

Explanation:

Clan Culture like the term implies refers to a type of corporate environment where a collaborative nature is encouraged and fostered such that people try to achieve common goals the way a clan would by being united and interested in the growth of one another because this will lead to the growth of the company as a whole.

In being friendly with staff and encouraging top management to try to get their team members to succeed, Ross is following a clan culture. This type of corporate environment is known to be the least competitive type as a result.

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He came up with knowledge of his own and ideas to figure out the conclusions
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3 years ago
Why is it important to screen your business idea?​
hjlf

Answer:

It is important to screen your business idea because with screening it it can give you a wide variety of what's wrong with your idea and what you can do to solve it

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3 years ago
Why are shareholders more keen on investing in high-risk projects during times of financial distress?
Phoenix [80]

Answer:

Because the shares price of that company will be reduced that gives shareholders to own more thus owning a greater percentage of the company

Explanation:

Let's say <em>Washer</em><em> </em><em>Ltd</em><em> </em>is high-risk and they have taken a stand to reduce their ordinary share price in order to attract investors, from <em>R</em><em>6,90</em> to <em>R3</em><em>,</em><em> </em><em>90</em><em> </em>per share

Instead of the shareholder paying the full price for less shares, he can buy more share for half the amount of money

6 0
2 years ago
When international companies choose a place for production facilities, ___________, ___________, and ___________ factors are all
marishachu [46]

Country-specific, technology, and product considerations are things that multinational corporations take into account when deciding where to locate their manufacturing plants.

What is strategic decision?

Strategic choices are those that take into account the complete operating environment of the business, all of its resources, all of its employees, and the interface between these factors.

Major resource proposals are made by strategic decisions for an organization. These choices could relate to acquiring new resources, organizing current ones, or redistributing others.

The alignment of organizational resource capabilities with risks and opportunities is the subject of strategic decisions.

A wide range of organizational operations are addressed by strategic decisions. It all comes down to how and what they want the organization to stand for.

Due to the constantly changing environment in which a business operates, strategic decisions entail significant change.

The nature of strategic decisions is complex.

Learn more about strategic decision with the help of given link:-

brainly.com/question/27905353

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3 0
2 years ago
A company purchased new furniture at a cost of $19,000 on September 30. The furniture is estimated to have a useful life of 5 ye
OLga [1]

Answer: The depreciation expense that will be recorded for the furniture for the first year ended December 31 is $825.

Explanation: Straight-line mwthod of depreciation is:

(Acquisition value minus salvage value) / No of years

Per the question, the acquistion value of the new furniture is $19,000 while the salvage value is $2,500. The number of years is 5 years.

Then yearly depreciation would be <u>($19,000 - $2,500) / 5 years = $3,300</u>.

Note that the furniture was purchased on September 30. To arrive at the depreciation expense that will be recorded as at December 31, you need to pro rate the yearly depreciation of $3,300.

September 30 to Decemer 31 is 3 months. <u>So the total depreciation expense will be $3,300 * 3 / 12 = $825.</u>

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6 0
3 years ago
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