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3 years ago

Explain how organizations manage the changing environment

Business

2 answers:

Hunter-Best [27]3 years ago

4 0

Answer:

Explanation:

Organizational change initiatives often arise out of problems faced by a company. In some cases, however, companies change under the impetus of enlightened leaders who first recognize and then exploit new potentials dormant in the organization or its circumstances. Some observers, more soberly, label this a "performance gap" which able management is inspired to close.

Ne4ueva [31]3 years ago

4 0

Answer:

1. Clearly define the change and align it to business goals

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The following transactions were completed by the company.

dybincka [34]

Answer:

The impact of each transaction on individual items of the accounting equation:

A. The company completed consulting work for a client and immediately collected $6,200 cash earned.

Assets (Cash + $6,200) = Liabilities + Equity (Retained Earnings + $6,200)

B. The company completed commission work for a client and sent a bill for $4,700 to be received within 30 days.

Assets (Accounts Receivable + $4,700) = Liabilities + Equity (Retained Earnings + $4,700)

C. The company paid an assistant $1,750 cash as wages for the period.

Assets (Cash -$1,750) = Liabilities + Equity (Retained Earnings -$1,750)

D. The company collected $2,350 cash as a partial payment for the amount owed by the client in transaction b.

Assets (Cash +$2,350 and Accounts Receivable -$2,350) = Liabilities + Equity

E. The company paid $840 cash for this period's cleaning services.

Assets (Cash -$840) = Liabilities + Equity (Retained Earnings -$840)

Explanation:

The accounting equation is that assets are always equal to liabilities and equity before and after every business transaction. It is an important principle of accounting and the fulcrum of the double-entry system of accounting. It establishes the two sides to every transaction. It can be used to show the impact of daily business transactions on the assets, liabilities, and stockholders' equity.

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2 years ago

Assume Peanut Butter and Jelly are two complement products. For both markets explain what happens for an increase in the Supply

12345 [234]

Answer:

Complementary goods are goods that are consumed together

If the supply of Jelly increases, the supply curve for jelly shifts rightward. As a result of the rightward shift, price decreases and quantity increases.

Because jelly and peanut butter are complements, an increase in the supply leads to an increase in the supply of peanut butter.

the supply curve of peanut butter shifts outward also. As a result of the rightward shift, price decreases and quantity increases.

Explanation:

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2 years ago

CopperCore Inc., a U.S. business, took a 31 percent equity interest in Javier Holdings, a family business based in Spain. Accord

artcher [175]

Answer: Foreign direct investment

Explanation: This would be an example of a foreign direct investment according to the U.S. Department of Commerce. A foreign direct investment is one such as a business or individual in one country buying into business interests in another country and usually occurs when such entities establish foreign business operations or is engaged in the acquisition of foreign business assets in a foreign company.

Foreign direct investments are of three types (horizontal, vertical and conglomerate) are are carried out to expand the investment base in a country, create employment through the creation of newer job opportunities, the introduction of advanced technology and so on.

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3 years ago

Which characteristic of organizational culture is present in a high degree at the law firm in the Think like a manager: Organiza

masya89 [10]

Answer:

Hierarchy

Explanation:

Often, managers are placed with superior authority than other employees of a firm. These employees are expected to respect the manager in their operations. When it comes to decision making they follow the hierarchy of staff members, that is from Top to Down level.

Thus, In a law firm we would expect a hierarchical structure that is based on years of practicing law.

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2 years ago

2019: Ending inventory was overstated by $30,000 while depreciation expense was overstated by $24,000. 2020: Ending inventory wa

KIM [24]

Answer:

$25,000

Explanation:

The computation of the adjusted balance of retained earning is shown below:

Since the depreciation expense is overstated on 2019 which decreased the earnings so it would be added

Since the depreciation expense is understated on 2020 which increased the earnings so it would be deducted

And, the ending inventory for 2020 is understated which decreased the earning so it would be added

Therefore, the adjusted balance is

= $24,000 - $4,000 + $5,000

= $25,000

3 0

2 years ago

Explain how organizations manage the changing environment​

Explain how organizations manage the changing environment