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sleet_krkn [62]
3 years ago
11

The hallmarks of a high-performance corporate culture include

Business
1 answer:
stira [4]3 years ago
3 0

Answer:

The correct answer is D. a "can-do" spirit, pride in doing things right, no-excuses accountability, and a pervasive results-oriented work climate where people go the extra mile to meet or beat stretch objectives.

Explanation:

A true high performance organizational culture is the basis of innovation. Culture inspires people to go beyond their tasks, to take risks, to experiment and to make good decisions even when there is no one to control them.

Next, we tell you what are the 2 main characteristics of a high performance organizational culture:

  1. Each culture is unique. Some organizations have a strong personality; a powerful essence derived from a deep heritage. Others, such as Netflix or Google, have created their own hallmark. The combination of values, character, and beliefs generate deep empathy among employees, making their work more meaningful and rewarding.
  2. Even so, they all encourage a set of similar behaviors; Although there are different corporate “personalities”, all these promote similar behavior patterns. The people within these organizations are passionate about success; They are oriented to continue growing, focus on their customers and their competition, rather than internal policies. They think as owners and have a tendency to act in different situations. They build work teams encouraging collaboration and always open to change, essential characteristics for innovation.

Developing and maintaining this type of culture is a challenge, but it is possible; Leadership is key in this regard. A cultural change cannot be made without the leaders themselves adopting the behavior and values ​​they wish to generate in the new culture. The most effective way to transmit it, is that they constantly have direct contact with the team, especially with key people who believe in culture and have an important weight within the organization, since they will be responsible for transmitting it to others. They are not afraid of the need to make changes to support the new culture, and constantly check that performance continues to remain high, as the culture progresses and evolves.

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when an inventor gets a patent for his work,it means the goverment will buy a specific amount of the invention
zaharov [31]
I'm guessing this is True or False
If so, the answer is False.
5 0
3 years ago
What is a simple way of describing cost benefit anyalysis
boyakko [2]
Making a decision by listing pros and cons.
8 0
3 years ago
An individual who makes $32,000 per year anticipates retiring in 30 years. If their salary is increased by $600 each year and th
Zepler [3.9K]

Answer:

$366,287.15

Explanation:

Annual salary = $32000  

No. of years (n) = 30 years

Increment in salary = $600

Deposit rate = 10%

Interest rate (r) = 7% or 0.07

Growth rate (g) = Increment in salary \div annual salary

Growth rate = $600 \ $32000

Growth rate = 0.01875

First deposit = $32000 x 10% = $3200

Future worth = [First deposit \ (r - g)] x [(1 + r)n - (1 + g)n]

Future worth = [$3200 \ (0.07 - 0.01875)] x [(1 + 0.07)30 - (1 + 0.01875)30]

Future worth = [$3200 \ 0.05125] x [(1.07)30 - (1.01875)30]

Future worth = $62439.0243902 x [7.6122550423 - 1.7459373366]

Future worth = $62439.0243902 x 5.8663177057

Future worth = $366287.15

Hence, the future worth at retirement is $366,287.15

7 0
3 years ago
The Museum of America is preparing for its annual appreciation dinner for contributing members. Lastâ year, 525 members attended
Rama09 [41]

Answer:

Contribution Margin                                       $ 5775

Net Loss                                                          ( $ 5,200 )

Explanation:

Ticket sales                                                    $12,600

Less

Variable Costs

Cost of dinner

Variable Costs ( 15,300- 9000)                     $ 6,300

Invitations and paperwork (variable costs) <u>  $ 525</u>

Less Fixed Expenses

Cost of dinner   (fixed  costs)                       $ 9000

Invitations and paperwork (fixed  costs)      <u>$ 1975</u>

Net Loss                                                          ( $ 5,200 )

Contribution Margin is obtained by deducting variable costs from sales and then the profit or loss is obtained by deducting fixed costs from the contribution margin.

4 0
3 years ago
ACME Drilling is evaluating an offshore oil-drilling platform for possible impairment. The company estimates the following: book
alekssr [168]

Answer:

ACME Drilling should record impairment loss of $6.9 million

Explanation:

According to GAAP, when the fair value of an asset is below the net carrying amount of that asset ( Asset's historical cost - Asset's accumulated depreciation or the net book value of the asset), the Company should record it as asset impairment loss.

In ACME's case, the net book value is $18.6 million while the estimated fair value is only $11.7 million meaning that the platform is actually worth less than it is recorded on ACME's book. Thus, an impairment loss of $6.9 million should be recorded ( $18.6 million - $11.7 million) to realize the fair value of the oil-drilling platform.

The sum of projected sum of future cash flows in this case is not suitable to be used to determine the oil-drilling platform because it has not been discounted to the present value amount, and also, it is not appropriate under GAAP.

6 0
4 years ago
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