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mars1129 [50]
2 years ago
6

Jawwal Research & Development has been going through a rough patch lately. Turnover has been high and employee morale is at

an all-time low. Though employees and competitors hold management responsible for the decline, the CEO does not let the managers go or change the management style. Which of the following could explain this attitude?
Select one:
a. The CEO is unresponsive to the criticisms from stakeholders.
b. The CEO holds the omnipotent view of management, which asserts that external factors have a significant effect on performance outcomes.
c. Because the organization has a "take-charge" management style, the employees are responsible for organizational policies.
d. The CEO holds the view that managers have only a limited role in organization success or failure.
Business
1 answer:
gizmo_the_mogwai [7]2 years ago
5 0

Answer:

d. The CEO holds the view that managers have only a limited role in organization success or failure.

Explanation:

The CEO of Jawwal Research & Development subscribes to the symbolic view of management. Under the symbolic view, the organization's success or failure is caused by external forces beyond the managers' control. The symbolic view is that the whole of the organization is not in the managers' control.

The CEO of Jawwal Research & development believes that the manager's influence is limited by external factors such as technology, government policies, the economy, competitors, and industry conditions. The symbolic view contrasts with the Omnipotent view, which believes that managers are directly responsible for an organization's failure or success.

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Suppose the demand for macaroni is inelastic, the supply of macaroni is elastic, the demand for cigarettes is inelastic, and the
vfiekz [6]

Answer:

both taxes would fall more heavily on the buyers than on the sellers

Explanation:

Here are the options:

 a. both taxes would fall more heavily on the buyers than on the sellers. b. the macaroni tax would fall more heavily on the sellers than on the buyers, and the burden of the cigarette tax would fall more heavily on the buyers than on the sellers c. the macaroni tax would fall more heavily on the buyers than on the sellers, and the burden of the cigarette tax would fall more heavily on the sellers than on the buyers O d. both taxes would fall more heavily on the sellers than on the buyers.

Tax is a compulsory sum levied on goods and services. Taxes increases the price of goods and services

Supply is elastic if a small change in price leads to a greater change in the quantity supplied.

Demand is inelastic if there's little or no change in demand when price is increased.

More burden of tax should fall on the consumers because their demand is inelastic. So, if prices rise as a result of the tax, there would be little or no change in quantity demanded.

But in the case of suppliers, they are sensitive to price and a rise in price would cause quantity supplied to fall and revenue would fall.

I hope my answer helps you

5 0
3 years ago
Interest versus dividend expense Michaels Corporation expects earnings before interest and taxes to be $ 50 comma 000 for the cu
Brilliant_brown [7]

Answer:

Here we have two cases and in one of these we are paying interest on a normal loan which is tax deductible and in the other case we are paying interest on a preference share which is not Tax allowable expense. So in the nutshell, the only difference will be tax amount computed in both cases for calculating Earnings available for ordinary shareholders.

Case 1. Interest paid on normal loan

Earning After tax = (Earnings before Interest & Tax - Interest) - Tax

Earning After tax = ($50,000 - 12000) - 21%

Earning After tax = $38000 - 21%*$38000

Earning After tax =  $30020

The amount available for the ordinary shareholders is $300,20

Case 2. Interest on preference shares

As the interest paid on preference share is not tax deductible so the tax will be calculated as 21% of the amount $50,000. So

Earning After tax = Earnings before Interest & Tax - Interest - Tax

Earning After tax = $50,000 - 12000 - (21%*$50,000)

Earnings After Tax = $38,000 - $10,500 = $27,500

So the amount available for the ordinary shareholders is $27,500.

8 0
3 years ago
A currency trader observes the following quotes in the spot market: 1 U.S. dollar = 122 Japanese yen 1 British pound = 2.25 Swis
andrezito [222]

Answer:

88.38

Explanation:

Given;

1 U.S. dollar = 122 Japanese yen

1 British pound = 2.25 Swiss francs

1 British pound = 1.63 U.S. dollars

Therefore,

2.25 Swiss francs = 1.63 U.S. dollars

1 US. dollar = 2.25/1.63 Swiss francs

1 US dollar = 1.38 Swiss francs

since

1 U.S. dollar = 122 Japanese yen then,

1.38 Swiss francs = 122 Japanese yen

1 Swiss francs = 122/1.38 Japanese yen

1 Swiss francs  = 88.38 Japanese yen

1 Swiss franc can be used to purchase 88.38 Japanese yen.

8 0
3 years ago
The Skagit Company manufactures Hooks and Nooks. The following shows the activities per product and total activity information:
gladu [14]

Answer:

Total factory overhead to be charged to each unit of Hooks is $33

Explanation:

Sum of all Activity Cost = Total Factory Overhead

Calculate the total factory overhead to be charged to each unit of Hooks

Activity rate = Budgeted amount / Total of each activity base

∴ Activity Rate

      For Setups = 60,000 / 20,000 = 3 per setup

      For Inspections = 120,000 / 24,000 = 5 per inspections

      For Assembly = 420,000 / 28,000 = 15 per dlh

Activity Cost = Activity base for each unit * Activity rate

∴ Activity Cost

      For Setups = 1 x 3 = $3

      For Inspections = 3 x 5 = $15

      For Assembly = 1 x 15 = $15

Recall that;

Sum of all Activity Cost is the Total Factory Overhead

= $3 + $15 + $15

= $33

8 0
3 years ago
The following selected amounts are available for Thomas Company.Retained earnings (beginning) $2,500Net loss 200Cash dividends d
AfilCa [17]

Answer:

c. $1,900

Explanation:

As for the information provided, we have:

Retained Earnings opening balance = $2,500

Current year loss = $200

Balance of retained earnings after this = $2,500 - $200 = $2,300

Now, dividends are provided which shall be paid from retained earnings only.

Cash dividends are the one paid in cash.

Stock dividends are the ones which are paid by issue extra shares from retained earnings.

Thus, both are deductible from retained earnings.

Therefore, closing balance of retained earnings = $2,300 - $200 - $200 = $1,900.

4 0
3 years ago
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