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3 years ago

Why would any company admit to having so many variables that could hurt their performance

1 answer:

7 0

Answer: By companies I assume you mean profit oriented business - that is organisations that are not NGOs. Most profit oriented businesses would not admit having variables that could hurt their performance to shareholders or to the general public in order not to discourage potential investors

Explanation: Employers or upper management may explain/expose variables that are hurting the company's growth to employees in order to make them feel like part of the team/decision making process and also to encourage them to do more work. In rare cases a company might expose their negative variables in order to discourage being bought over by their competitors or garner public sympathy. However this almost always backfires .

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Shareholders are sometimes referred to as disenfranchised, or having synthetic ownership . What does this mean

artcher [175]

When shareholders are referred to as disenfranchised or having synthetic ownership it means that the shareholders while owning the majority stock have the real right in selling the stock and not in possession.

<h3>What is disenfranchised or synthetic ownership of stock?</h3>

Disenfranchise or synthetic ownership means that shareholders do not own the underlying stock but have the right to sell, thereby providing them with consistent cash flows.

Thus, when shareholders are referred to as disenfranchised or having synthetic ownership it means that the shareholders while owning the majority stock have the real right in selling the stock and not in possession.

Learn more about stock ownership at brainly.com/question/25818989

3 0

3 years ago

XYZ Company is union free. Because of increased costs and operational efficiency, it is in XYZ Company’s best interest to avoid

lubasha [3.4K]

Answer:

Make sure employees understand that anyone who attempts unionization will be discharged

Explanation:

Companies are not allowed to threaten employees who are interested in forming a union with discharge.

3 0

3 years ago

Using the graph, complete the table that follows by indicating whether each statement is true or false. Statement True False a.

poizon [28]

Answer:

a. Curve MM is more elastic between points A and C than curve NN is between points A and D: TRUE

b. Between points A and B, curve LL is unit elastic: FALSE

c. Between points A and D, curve NN is inelastic: TRUE

Explanation:

Elasticity is the responsiveness of quantity demanded or quantity supplied to a change in the price. There are five categories of elasticities:

1. Perfectly elastic: Quantity changes even without a change in price. Curve is a horizontal line.

2. Elastic: Change in price is smaller than a change in quantity. Curve has a smoother slope.

3. Unit elastic: Change in price causes a proportionate change in quantity. Curve is a rectangular hyperbola.

4. Inelastic: Change in price causes a smaller change in quantity. Curve is a steep slope.

5. Perfectly inelastic: Change in price causes no change in quantity. Curve is a vertical line.

5 0

3 years ago

Match the following activities to their effect on the general ledger accounts. Drag and drop application.

JulijaS [17]

Answer:

1. Allocate overhead costs to jobs: Credit Factory Overhead.

2. Pay factory utilities: Debit Factory Overhead.

3. Purchase indirect material: Debit Raw Materials Inventory.

4. Use indirect materials: Credit Raw Materials Inventory.

5. Direct labor used: Debit Work in Process Inventory.

Explanation:

1. When you allocate overhead costs to jobs: Credit factory overhead. Factory overhead can be defined as cost incurred in the manufacturing process of finished goods and cannot be linked directly to the goods.

2. When you pay factory utilities: Debit factory overhead. Factory overhead can be defined as cost incurred in the manufacturing process of finished goods and cannot be linked directly to the goods.

3. When you purchase indirect material: Debit raw materials inventory. The raw materials inventory comprises of the overall cost of all resources such as component parts that a business has in stock which haven't been used for production of finished goods or work in process.

4. When you use indirect materials: Credit raw materials inventory. Raw materials inventory comprises of the overall cost of all resources such as component parts that a business has in stock which haven't been used for production of finished goods or work in process.

5. For direct labor used: Debit work in process inventory.

4 0

3 years ago

High Plains Inc. manufacturers furniture in North Dakota. High Plains receives its wood from a lumber yard in Calgary. The lead

ArbitrLikvidat [17]

Answer:

a. On average, the number of boards they have on order = 1,056 boards.

b. On average, the number of boards they have =560 boards.

c. Total holding cost per week = $140.

d. Holding cost incurred per board = $ 0.25.

Explanation:

In the question, the details given are:

Service level =96 %

Lead time =3 weeks

Weekly demand =150

Standard deviation=200

This is a case of variable demand and constant lead time

a. Reorder point =Demand during lead time +Safety stock

=Average weekly demand*lead time+z*sqrt(lead time)*standard deviation of weekly demand

=150*3+NORMSINV(0.99)*sqrt(3)*200

=450+1.7507*sqrt(3)*200

=450+606.46=1,056.46

=1,056 (nearest whole number).

On average, the number of boards they have on order = 1,056 boards.

b. For a normal distribution,

z=x-mean/std deviation

z-value for a 96% confidence level = 2.05

2.05=x-150/200

x = 150+2.05*200=560

On average, the number of boards they have =560 boards.

c.Total holding cost per week=Average inventory *holding cost per week=560/2 *0.5=280*0.5 =$140

d.Holding cost incurred per board =Total holding cost /Number of boards =140/560 = $ 0.25.

5 0

3 years ago