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kicyunya [14]
3 years ago
5

Armen has been sent to build a factory in a small village. When he arrives, Armen finds that the employees he will be managing s

ee the work as an obligation to the community and the company and that they show less interest about what job they will be performing. Which term best describes the primary trait of this culture
Business
1 answer:
gladu [14]3 years ago
4 0

Answer:

Collectivism

Explanation:

From the question we are informed about Armen who has been sent to build a factory in a small village. When he arrives, Armen finds that the employees he will be managing see the work as an obligation to the community and the company and that they show less interest about what job they will be performing. In this case the term best describes the primary trait of this culture is Collectivism.

Collectivism can be regarded as a

type of social organization whereby individuals are been seen as subordinate with regards to social collectivity, these collectivity could be state as well as nation, or race,

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Major investments in either tangible long-term assets such as land, or intangible assets such as patents are considered to be __
sergejj [24]

Answer: Capital Expenditure

Explanation:

5 0
2 years ago
On November 27, the board of directors of Armstrong Company declared a $.50 per share dividend. The dividend is payable to share
Anna35 [415]

Answer:

On November 27

Debit Retained earnings $12,750

Credit Dividend payable $12,750

<em>(To record the dividend declared)</em>

On December 24

Debit Dividend payable $12,750

Credit Cash $12,750

<em>(To record dividend paid)  </em>

Explanation:

  • Dividends on gains on shares bought by the shareholders. They arise due to appreciation in share price and improvement in company's net income.
  • The dividend payable was calculated as $.5 x 25,500 shares = $12,750.
  • Dividends are usually paid out of retained earnings.
  • The dividend payable account is debited when payment is to be made.
4 0
3 years ago
Use your knowledge of the challenges new managers face to complete the following sentences.
DIA [1.3K]

Answer: The correct answer is MOST

Explanation: Managers in any organization are known to provide the necessary human action inorder for the planned outcomes of the organization to be achieved. In doing the above, the mostly get involved in activities that involve motivating others and meeting people. These activities such as leading others, leading innovations and networking over time tend to be enjoyed as they are not monotonous activities like paperwork.

8 0
3 years ago
The following cost information pertained to the Violin Division of Stringing Music Co. and was based on monthly demand and sales
Nostrana [21]

The contribution margin per unit sold by Violin Division of Stringing Music Co is <u>$326</u>.

<h3>What is the contribution margin per unit?</h3>

The contribution margin per unit is the difference between the selling price per unit and the total variable costs (production and selling) per unit.

<h3>Data and Calculations:</h3>

Monthly demand and sales = 200 units

Per-Unit Costs

<h3>Variable production costs: </h3>

Direct materials $170

Direct labor 155

Variable factory overhead 75

Fixed production costs:

Depreciation (equipment) 15

Factory rent 58

Other 15

Total production cost = $488

Variable selling = $24

Fixed selling & administrative costs = $36 per unit

Selling price per unit = $750

<h3>Total variable cost per unit:</h3>

Direct materials                $170

Direct labor                        155

Variable factory overhead 75

Variable selling                   24

Total variable production and selling costs = $424

Selling price per unit = $750

Contribution margin per unit = $326 ($750 = $424)

Thus, the contribution margin per unit sold is <u>$326</u>.

Learn more about contribution margins at brainly.com/question/24881206

#SPJ1

<h3>Question Completion:</h3>

Variable selling & administrative costs $24 per unit Fixed selling & administrative costs $36 per unit Given a normal selling price per unit of $750, what is the contribution margin per unit sold

4 0
2 years ago
In an imaginary economy, consumers buy only sandwiches and magazines. The fixed basket consists of 20 sandwiches and 30 magazine
rodikova [14]

Answer:

$2.5

Explanation:

Given:

Number of sandwiches in basket = 20

Number of magazines in basket = 30

cost of sandwiches in 2006 = $4

Cost of magazines in 2006 = $2

cost of sandwiches in 2007 = $5

Consumer price index in 2007 = 125

Now,

Consumer price index = \frac{\sum(p_1q0)}{\sum(p_0q0)}\times100

or

125 = \frac{20\times\$5+30\times X}{20\times\$4+30\times\$2}\times100

here,

X is the price of magazines in 2007

thus,

125 = \frac{\$100+30\times X}{$80+$60}\times100

or

1.25 × ($80 + $60 ) = $100 + 30X

or

30X = $175 - $100

or

X = $2.5

Hence,

The price of magazines in 2007 was $2.5

4 0
4 years ago
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