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lys-0071 [83]
3 years ago
8

Demonstrate your understanding of the difference between intrapreneurs, entrepreneurs and managers and their role in organizatio

nal change.
a. Tariq- Tariq is responsible for working through others to achieve organizational goals.
b. Sushil- Sushil is tasked with creating an organization and control system to enable the firm to increase productivity.
c. Sonia- Sonia is creating a control system for specific functional areas such as accounting, marketing, and manufacturing.
d. Mary- Mary recognized the need for a new product that was unmet in the industry. She has created a prototype, secured funding, and formed a company to produce and sell it.
e. Taylor- Taylor, Rafael, and Malik have been selected to form a skunkworks team.
f. Dylan- Dylan thought of a radical change the company could make to the production system and leading a team to design and implement the change.
g. Chris- Chris developed a revolutionary new fitness program and is marketing a series of videos to distribute nationwide.
h. Todd- Todd recently left his employer after they ignored his idea for a new product. He is starting his own company so he can enter the market.
i. Carmen has been working in customer service for two years and has discovered a system for sharply reducing the department's response time to customers.
Business
1 answer:
Anon25 [30]3 years ago
5 0

Answer:

The answer is below

Explanation:

Given that an Entrepreneur is a person who establishes a business and operates the company with complete autonomy or freedom. At the same time, Intrapreneur is a person who is charged with the responsibility of creating innovation in the existing business company to increase revenue, with less autonomy compared to entrepreneurs.

On the other hand, a manager is a person who is responsible for the organization and directing the affairs of other staff to achieve the company goals.

Also, skunkworks in business is a term to describe a group within a firm responsible for working on a particular project, with a relative autonomy or freedom given by the company they work for.

Hence, we have the following:

A. Tariq - Manager

B. SushiI - Intrapreneur

C. Sonia - Intrapreneur

D. Mary - Entrepreneur

E. Taylor - Intrapreneur

F. Dylan - Manager

G. Chris - Entrepreneur

H. Todd - Entrepreneur

I. Carmen - Intrapreneur.

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Because of this, when making a career plan, one must be fully aware that the process is not static. That is, changes would occur and as such, you have to revise your plans often so that it is in line with what is obtainable at the time.

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3 years ago
Foster Manufacturing uses a job order cost accounting system. On April 1, the company has Work in Process Inventory of $7,600 an
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Answer:

<u>Foster Manufacturing </u>

<u>Journal Entries</u>

<u>Sr. No                       Particulars                       Debit           Credit</u>

1                    Work in Process Job No. 221        1200

                    Work in Process Job No. 222      1700

                   Work in Process Job No. 223       2400

                    Work in Process Job No. 224      2600

         Factory Overhead  Indirect Materials      600

                              Materials Inventory                                  8500

Materials Requisitioned to specific jobs work in process inventory.

2. Direct Labor    Work in Process Job No. 221        1600

     Direct Labor  Work in Process Job No. 222      2200

  Direct Labor    Work in Process Job No. 223       2900

    Direct Labor Work in Process Job No. 224      2800

                                                   Indirect Labor      400

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                                         Factory OverheadControl               400

Direct Labor used for specific jobs.

3.          Work in Process Job No. 221              1120

                    Work in Process Job No. 222      1540

                   Work in Process Job No. 223       2030

                    Work in Process Job No. 224      1960  

                         Manufacturing Overheads                            6930

Manufacturing Overheads applied to specific jobs at the rate of 70%.

4.     Finished Goods Inventory          $ 7940

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         Work in Process Job No. 221 Materials                     1200

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Job 221 completed and transferred to finished goods.

                   

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On January 1, 2011, Ozark Minerals issued $10 million of 9%, 10-year convertible bonds at 101. The bonds pay interest on June 30
horsena [70]

Answer:

Explanation:

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going by the question Upon issuance, Ozark should

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Because face value of bonds =  $10 million but issue price is  $10 million * 101 % i.e $ 10100000

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Excise taxes on tobacco and alcohol and state sales taxes are often criticized for being regressive. Although everyone pays the same rate regardless of income, this might be so because low-income individuals are more prone than high-income individuals to purchase alcohol, tobacco, and gasoline.

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  • State sales taxes and excise taxes on alcohol and cigarettes are frequently criticized for being regressive.
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5 0
1 year ago
When a company has high operating leverage: Select one: A. It has low fixed costs. B. It borrows to cover most costs. C. It has
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Answer:

C. It has high fixed costs relative to variable costs is the correct answer.

Explanation:

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