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Mama L [17]
3 years ago
13

with practical illustrations, discuss how managers can leverage on organizational behaviour components to maximize business succ

ess​
Business
1 answer:
Vesnalui [34]3 years ago
6 0

Answer:

Through personality, leadership, Communication and culture.

Also, politics and power.

Explanation:

The concept or the behaviour that is known as or refer to as or called " organizational behaviour" can simply be defined as the way of people or workers in a particular company or organization. That is to say the way people behave in a particular organization or company.

Managers can leverage on organizational behaviour components to maximize business success through;

(1). LEADERSHIP: leadership style should go in line with the organization objectives. Leadership styles are different, it might be a style in which the leaders have to coach the workers and build relationships with workers will likely be able to get new ideas or it might be a situation in which the leader gives the directives and the workers just have to obey.

(2). COMMUNICATION: the various ways in which leaders and workers communicate in organizations is also different which include the use of technology in Communication e.g e-mails and the rest which can be used in discussion of matters in the organization. Good Communication in the company leads to more leads.

(3). CULTURE: Organizations culture are the things in which all workers must follow in their day to day interactions. Good organization cultures lead to efficiency.

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Elize’s regular hourly wage rate is $20, and she receives an hourly rate of $30 for work in excess of 40 hours. During a January
saveliy_v [14]

Answer:

(a) Debit Wages expense for $950; Credit Federal income tax withholding for $94; and Credit Wages payable for $856

(b) Debit wages payable for $856; and Credit Cash for $856.

Explanation:

The entries will look as follows:

a) Prepare the journal entries to record Elize’s pay for the period

<u>Date           Account title                                 Dr ($)          Cr ($)      </u>

Jan 15        Wages expense (w.3)                    950

                    Federal income tax withholding                      94

                    Wages payable (w.4)                                      856

<em><u>                    (To Elize’s pay for the period.)                                        </u></em>

(b) Prepare the journal entry to record the payment of Elize’s wages.

<u>Date           Account title                                 Dr ($)          Cr ($)      </u>

Jan 15        Wages payable (w.4)                      856

                  Cash                                                                   856

<u><em>                   (To record the payment of Elize’s wages.)                        </em></u>

Workings:

Normal hours = 40

Number of hours worked = 45

Overtime hours = Number or hours worked - Normal hours = 45 - 40 = 5

Normal hourly wage rate = $20

Overtime hourly rate = $30

Federal income tax withholding = $94

w.1: Normal wage amount = Normal hours * Normal wage rate = 40 * $20 = $800

w.2: Overtime pay = Overtime hours * Overtime hourly rate = 5 * $30 = $150

w.3: Wages expense = Normal wage amount + Overtime pay = $800 + $150 = $950

w.4: Wages payable = Total wage amount - Federal income tax withholding = $950 - $94 = $856

3 0
3 years ago
A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout th
ruslelena [56]

Answer:

75,000 equivalent units

Explanation:

Calculation to determine What were the equivalent units of production for conversion costs for the month of March

First step is to calculate completed and transferred units

Completed and transferred units =5,000 + 70,000 − 25,000

Completed and transferred units = 50,000

Now let determine the equivalent units for direct materials cost

Using this formula

Equivalent units for direct materials cost =100% of the completed units + 100% of the ending inventory

Let plug in the formula

Equivalent units for direct materials cost= (50,000 × 100%) + (25,000 × 100%)

Equivalent units for direct materials cost=50,000+25,000

Equivalent units for direct materials cost=75,000

Therefore the equivalent units of production for conversion costs for the month of March is 75,000

3 0
3 years ago
Even when competitive firms are unable to calculate marginal revenue product directly, ______________________________ will push
Alona [7]

Answer:

Even when competitive firms are unable to calculate marginal revenue product directly, <u>competition in the labor market</u> will push wage rates toward the marginal revenue product of labor.

Explanation:

The labor market is made up of employers seeking for labor and employees offering their labor services. The law of supply and demand also applies to this market, when more employers are seeking employees, the price (= salary) will increase.

For example, if many companies are making a  profit and they need more labor, the salaries will rise because the demand is rising.

Also the suppliers, the potential employees, compete against each other for the best possible jobs.

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3 years ago
When a company exchanges 200 shares of stock worth $20 each for 100 shares worth $40 each, they are using?
Stels [109]
When a company exchanges 200 shares of stock worth $20 each for 100 shares worth $40 each, they are using reverse stock split. 
A reverse stock split is a corporate action in which a firm or a company reduces the number of shares it has outstanding by a set multiple. For example, if a company announces a reverse stock split of 1:50, this means that once the split occurs investors will receive one share for every 100 shares they own.
6 0
3 years ago
A(n) ________ is a system based on a dominant ideology involving the widely shared belief that all people have an equal chance o
sammy [17]

Meritocracy is a system based on a dominant ideology involving the widely shared belief that all people have an equal chance of succeeding economically or a political philosophy stating that power should be vested in individuals based on their hard work and skills.

 





5 0
3 years ago
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