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Aliun [14]
4 years ago
14

Describe how organizational culture is related to project management. What type of culture promotes a strong project environment

?.
Business
1 answer:
Rzqust [24]4 years ago
6 0

Answer:

1) The culture of the organization and its connection with project management will help businesses determine the exact projects are worth pursuing.

2)

-The overall tone of the work experience

- Meetings, mission statements and expectations

- Motivation and reward systems

- Reflections on leadership and authority relations

- Business ethics

- Rules of conduct

- Ecological factors

- Social norms

- Risk tolerance

Explanation:

The culture of an organization can be linked to projects in many areas, as  processes, management style, time management, and success rate in training. Organizational culture may be described as the values ​​and behaviors of a company employees. Such features or factors play an important role in determining whether the project has achieved its objectives. These factors:

-The overall tone of the work experience

- Meetings, mission statements and expectations

- Motivation and reward systems

- Reflections on leadership and authority relations

- Business ethics

- Rules of conduct

- Ecological factors

- Social norms

- Risk tolerance

Get determined the culture of the organization and its connection with project management will help businesses determine the exact projects are worth pursuing. By placing project management thinking in an organizational culture, firms can provide long-term benefits in a competitive environment. Here are some key to creating a culture that includes project management:

- Understand the value of project management;

- participation of project sponsors at the implementation stage;

- Align projects with organizational strategy.

Organizations with these characteristics tend to be higher in project management

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Stock a has a beta of 1.2, and stock b has a beta of 1. the returns of stock a are ______ sensitive to changes in the market tha
Eddi Din [679]

Answer:

The returns of Stock A are 20% more sensitive to changes in the market than the returns of Stock B.

<h3>Explanation:</h3>
  • We are given that the beta of Stock A is 1.2.
  • The markets have a beta of 1.0. Since Stock B has a beta of 1, the beta of Stock B is equal to the market beta.
  • In other words, it would move in sync with the market. Stock A's beta of 1.2 would mean that the stock has a higher beta implying the stock is 20% more volatile than the market.

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3 0
2 years ago
Prepare journal entries to record each of the following transactions of a merchandising company. The company uses a perpetual in
babymother [125]

Answer:

The Journal entries are as follows:

(a) On November 5,

Merchandise inventory A/c  Dr. $6,000

To Accounts payable                              $6,000

(To record the purchasing of Merchandise inventory)

(b) On November 7,

Accounts payable A/c        Dr. $250

To Merchandise inventory                  $250

(To record the returned units)

(c) On November 15,

Accounts payable A/c     Dr. $5,750

To cash                                                $5,635

To Merchandise inventory                 $115

Workings:

Final amount due:

= Cost of goods purchased - Cost of goods returned

= 6,000 - 250

= $5,750

Discount amount:

= Final amount due × Discount percentage

= 5,750 × 2/100

= $115

Cash payment to be made:

= Final amount due - Discount amount

= 5,750 - 115

= $5,635

3 0
3 years ago
Read 2 more answers
Which of the following is considered data?
vovikov84 [41]

Answer:

The correct answer to the following question is option A) Quantity sold.

Explanation:

A data can be defined as any fact or figure or statistics or any information which is written in unorganized form such as symbols or letters , to represent ideas, objects, results or analysis etc. So in simple words it is just collection of facts and from the given options in the question only option A is correct.

3 0
3 years ago
Monique is the operations manager of a chain of hair salons in upscale urban neighborhoods. Customers in these neighborhoods exp
Eva8 [605]

Multiple Choice

A. The hair salons will be forced to move to a less demanding neighborhood.

B. The hair salons will be taken over by competitors in the area.

C. The hair salons will stay in business, and customers will adapt to their services and products.

D. The hair salons will be converted into a different type of business that can succeed in this area.

E. The hair salons will go out of business.

Answer:

Option B. The hair salons will be taken over by competitors in area.

Explanation:

The reason is that when the quality of the product that the seller promised is not delivered the customer satisfaction level drops significantly and thus moves towards the other seller which results in the loss of the customer. So this means if the business is not delivering the desired quality then it will keep loosing business customers because the competitor will take over the lost business.

6 0
3 years ago
In order to achieve cost economies, Tull and Ward Company bases production plants for labor-intensive products in low-wage count
suter [353]

Answer:

D. Transnational model

Explanation:

Companies that have headquarters in their country of origin and work in other countries through the installation of subsidiaries, are classified as transnational companies.

For developing countries, the installation of these companies in their territory is a positive factor, as it generates new jobs, in addition to promoting industrialization in the region. In turn, the transnationals use as criteria to set up their branches, places with potential market consumer, infrastructure, raw material, energy and cheap labor. Moreover, when work requires high performance, firms open branches or offices in countries where the workforce is most qualified.

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