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Gnom [1K]
3 years ago
5

At Milton farms, where a large part of the management comes from the same sociocultural background, many employees of diverse et

hical or cultural origins are hired only to ensure legal compliance with laws relating to diversity at the workplace. The company's day-to-day functioning leaves much to be desired in terms of promoting diversity. Recently, the owner's cousin was promoted to the post of a branch manager while three suitable candidates hailing from different cultures were blatantly overlooked. This is an example of ________.
Business
1 answer:
KonstantinChe [14]3 years ago
5 0

Answer:

Ingroup favoritism.

Explanation:

Ingroup favoritism—the tendency to favor members of one's own group over those in other groups—is well documented, but the mechanisms driving this behavior are not well understood.

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When Parker started his business, he knew he had to keep costs to a minimum and he worried about taxes. He planned to build and
morpeh [17]

Answer:

Enterprise Zones. Specific geographic areas to which governments try to attract private business investment by offering lower taxes and other government support. Government Incubators

Explanation:

4 0
2 years ago
A company bought a piece of land. It can use this resource to build a factory or to plant crops. The company can also hold onto
Anvisha [2.4K]

Answer:

Any value given up from not choosing the other options is the <u>opportunity cost</u>

Explanation:

The cost of opportunity is the alternative that you sacrifice when you choose an option.  

It represent the benefits that you misses out on when choosing one alternative over another.  

In this case, the cost of opportunity is to plant crops.  

8 0
2 years ago
Six Sigma Projects are easy to identify. They seek out sources of waste such as overtime and warranty claims; investigate produc
sladkih [1.3K]

Answer: True

Explanation:

Six Sigma projects have eight essential phases which are to; 1. recognize

2. define

3. measure

4. analyze

5. improve

6. control

7. standardize and

8. integrate.

It is a method whose primary objective is improving profit making by improving quality and efficiency standards. Project teams utilising this method want to reduce variability in processes by actively seeking out potential sources of waste especially in overtime and warranty claims.

They also investigate production backlogs or areas in need of more capacity and focus on customer and environmental issues.

7 0
3 years ago
Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2018, the company's board of di
Kay [80]

Answer:

The following journal entries are required on declaration date:

Dr Retained earnings ($10*20000)                                    $200,000

Cr Common stock distributable dividend($2*20000)                       $40000

Cr Paid=in share capital in excess of par value of $2                            $160000

While on distribution date the entries required are:                                                                

Dr Common stock distributable dividend     $40000

Cr Common stock                                                         $40000

Explanation:

First of all, the stock dividend of 20% translates to 20000 shares (100000 shares *20%)

At the declaration date the following entries are required:

Dr Retained earnings ($10*20000)                                       $200,000

Cr Common stock distributable dividend($2*20000)                          $40000

Cr Paid-in share capital in excess of par value of $2

($10-$2=$8*20000 shares)                                                                   $160000

Upon distribution of the stock dividend, the stock dividend in dividends distributable account needs to be reclassified to common stock account as follows

Dr Common stock distributable dividend     $40000

Cr Common stock                                                         $40000

8 0
3 years ago
Porter Co. owned all of the voting common stock of Simi Corp. The corporations' balance sheets dated December 31, 2018, include
Katena32 [7]

Answer: $672,000

Explanation:

Porter sold land to Simi which means that their land balance reduces. Simi's however increases by the same amount. As Porter owned all the voting stock, the sale will be accounted for at the book value.

The Consolidated balance for land in 2020 will therefore be calculated as,

= (Porter land value - Sales price) + (Simi land value + Sales price)

= (416,000 - 65,000) + (256,000 + 65,000)

= 351,000 + 321,000

= $672,000

The book value of the Consolidated land will be $672,000 in 2020.

3 0
3 years ago
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