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iragen
2 months ago
14

Isn’t "corporate entrepreneurship" an oxymoron? Do the characteristics of an established organization, such as its routines and

structure, increase efficiency but at the same time kill any entrepreneurial spirit? Is there any way that a company can have the best of both worlds?
Business
1 answer:
stepan [3.5K]2 months ago
8 0

Answer:

Isn't "corporate entrepreneurship" a contradictory term?

Many people might assume that corporations and entrepreneurs are entirely different, and mostly, they are correct. However, a few companies exemplify an entrepreneurial attitude or attempt to cultivate it. For instance, 3M is renowned for encouraging employees to allocate time for creative endeavors and innovation. Google is another major corporation that fosters such creativity among its workforce.

Do the established organization's traits, like routines and structural systems, enhance productivity while simultaneously stifling entrepreneurial zeal?

Corporate routines and frameworks do not merely stifle, but they effectively eliminate entrepreneurial energy and creativity. A notable illustration of this is found in the film depicting Ford's rivalry at Le Mans, which shows how corporate environments suppress unique thinking and actions.

Is it feasible for a firm to combine the advantages of both approaches?

It might be challenging, but achieving entrepreneurial spirit within a corporation is not out of reach. The hurdle lies in the belief that paying employees to spend time generating ideas is a frivolous expense. Creativity has associated costs, and not every organization is prepared to cover those expenses.

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A tiny South Pacific island country produces large quantities of coconut-based products. To protect this industry, the island go
Scilla [3833]

The response is:

Import Quota

Explanation:

The option B is incorrect because import duty refers to taxes levied on imported goods and does not restrict or protect the coconut-based products sector.

Option C is also unsuitable since an import tariff is aimed at raising the price of imported products which wouldn’t reflect on the increase of the price for imported goods in this scenario.

Similarly, option D isn't right because there are no subsidies received from the government by the company.

Thus, option A is the correct choice as import quotas limit the ability of companies to import certain goods and services to safeguard local manufacturers.

3 0
1 month ago
Last year Lowell Inc. had a total assets turnover of 1.40 and an equity multiplier of 1.75. Its sales were $295,000 and its net
Scilla [3833]

Response:

The return on equity (ROE) would be altered by 8.52%

Clarification:

Initially, we determine the existing ROE utilizing the Dupont Formula, yielding ROE as follows:

ROE = Net Income/Sales * Sales/Total Assets * Total Assets/Equity

or

ROE = Net Profit Margin * Total Assets Turnover * Equity Multiplier

  • Current ROE = 10600/295000 * 1.4 * 1.75 = 0.0880 or 8.8%

The condition states that net income might rise to 20850 while other factors remain unchanged. Therefore, to find the new ROE, we compute the updated Net Profit margin, keeping the total assets turnover and the equity multiplier constant due to the absence of sales, assets, or capital structure changes.

  • New ROE = 20850/295000 * 1.4 * 1.75 = 0.17316 or 17.32%
  • The ROE would have shifted by 17.32 - 8.80 = 8.52%
7 0
1 month ago
A market analyst is developing a regression model to predict monthly household expenditures on groceries as a function of family
stepan [3596]

Within the regression model aimed at estimating monthly grocery spending based on family size, household income, and neighborhood characteristics, the "neighborhood" aspect functions as an independent variable. These independent variables serve as predictors, encompassing risk factors and confounding variables. The dependent variable in this scenario is the monthly household expenditures.

5 0
1 month ago
Espinoza Company is a wholesale distributor that uses activity-based costing for all of its overhead costs. The company has prov
marusya05 [3725]

Answer:

Espinoza Company

The activity rate for the order fulfillment cost pool:

Expenses associated with fulfilling orders divided by the number of orders

= $130,500/3,500

= $37.29 per order

Explanation:

a) Relevant data and calculations:

Overhead expenses:

Salaries and wages: 220,000

Other expenses: 150,000

Total: $510,000

Distribution of resource usage:

Filling Orders Activity Cost Pools

                                    Filling Orders  Customer Support  Other  Total

Wages and salaries             35%                      55%              10%     100%

Other expenses                  35%                    50%              15%     100%

Fulfilling orders: 3,500 orders

Customer support: 15 customers

Overhead Allocation:

                              Filling Orders  Customer    Other        Total

                                                       Support

Salaries and wages: $77,000        $121,000      $22,000     $220,000

Other expenses:        $53,500           $75,000        $22,500        $150,000

Total:                       $130,500       $196,000      $44,500     $370,000

The activity rate for fulfilling orders is determined as $130,500/3,500, giving $37.29 per order.

Activity Based Costing (ABC) is a costing method that uses activity pools to gather and allocate overhead expenses based on the level of engagement for each activity pool.

3 0
2 months ago
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