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Harman
1 month ago
13

You're in a conference room with Javier and Jim, an assistant director who reports to you. The other three people in the room, i

ncluding your friend Emily, report to Jim. Javier ends the meeting by saying, "So that’s just the way we do things around here." One of your employees asks, "Could you tell me a bit of detail about our projection goals?" Javier responds, "No, you all know enough—you do your jobs and let me work out the details. This meeting is over. Turn to your neighbor and give our secret GIMME handshake." People jostle, rolling their eyes, and perform a middle-school-type crazy handshake. In what ways do you see the organizational culture of Leland Enterprises transmitted?
Business
1 answer:
stepan [3K]1 month ago
5 0

Full question:

As a manager at the headquarters of Leland Enterprises, a transportation firm, you answer to the director, Javier.

Javier is recognized in the workplace for his short temper—quick to express anger and slow to offer compliments. He frequently humiliates individuals in public when he perceives their performance as lacking, which is often. Despite this, upper management appreciates his decisiveness and expertise in business analytics, leading to strong results for the company. They take a hands-off approach concerning his management style. Consequently, employee turnover is notably high as team members find they can either adapt to his leadership or depart without effecting change.

Decision Point: Javier's Goals

In a conference room with Javier and Jim, an assistant director who reports to you, you also have three other colleagues present, including your friend Emily, who report to Jim.

At the meeting's conclusion, Javier asserts, "So that's just how we operate here." When an employee inquires about specifics regarding projection goals, Javier dismisses the question stating, "You all know enough—focus on your tasks and allow me to manage the details. This meeting is adjourned. Now, turn to your neighbor and do our secret GIMME handshake." People fidget, rolling their eyes while doing a goofy handshake reminiscent of middle school.

In your view, how does the organizational culture at Leland Enterprises manifest?

Select the most appropriate options below and click Submit.

Ethics

Innovation

Symbols

Stories

Socialization

Language

Rituals

Answer:

Rituals

Explanation:

The example illustrates corporate rituals, which may be habitual sequences or ceremonies that reinforce the organization’s values, highlighting important goals and the hierarchy within the organization, exemplified by the request to perform the Gimme shake.

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New Town Instruments is analyzing a proposed project. The company expects to sell 1,600 units, ±3 percent. The expected variable
harina [3228]

Answer:

  • What is the sales revenue in the worst-case scenario?

$ 125,032

Explanation:

Initial Scenario

TOTAL     Income Statement Unit   Quantity

$ 1,035,200 Total Net Sales       $ 647  1.600  

-$ 352,000 Variable Cost          $ 220  

-$ 64,000 Depreciation Expenses  

$ 619,200 Contributing Margin  

-$ 438,000 Annual Fixed Costs  

$ 181,200 Segment Margin  

Worst Case Scenario

Quantity drops by 3% from 1,600 to 1,552

Price decreases by 2% from $647 to $634

Variable Cost rises by 2% from $220 to $224

Annual Fixed Cost climbs by 2% from $438,000 to $446,760

Depreciation Expenses remain constant.

TOTAL Income Statement Unit Quantity

$ 984,061 Total Net Sales $ 634  1.552  

-$ 348,269 Variable Cost         $ 224  

-$ 64,000 Depreciation Expenses  

$ 571,792 Contributing Margin  

-$ 446,760 Annual Fixed Costs  

$ 125,032 Segment Margin  

0 0
1 month ago
On January 1, 2021, Ozark Minerals issued $10 million of 9%, 10-year convertible bonds at 101. The bonds pay interest on June 30
Mariulka [3182]

Answer:

Upon issuance, Ozark should "Credit premium on bonds payable $100,000"

Explanation:

The bond issue price is calculated as ($10 million * $101) = $10,100,000

The bond's face value is = $10,000,000

The bond premium equals $10,100,000 - $10,000,000

Thus, the bond premium is $100,000

                                   Journal entry

                                                    Debit                   Credit

Cash                                        $10,100,000

Premium on bonds payable                                $100,000

Bonds payable                                                     $10,000,000

Conclusion: Therefore, upon issuance, Ozark should "Credit premium on bonds payable $100,000"

7 0
24 days ago
Omar is presenting a persuasive speech to convince his class to begin investing for retirement early in life. He begins with a p
Nady [2956]

Omar is utilizing the organizational layout of Problem-solution.

Explanation:

Every employee ought to have financial security post-retirement. This is a commonly perceived benefit for low and middle-income individuals who lack extra funds to save for future benefits. The United States has a notably low percentage of individuals who save for future needs.

Based on the arguments encouraging savings, Mr. Omar urged everyone to start saving every little bit monthly by opening their own retirement accounts. Ultimately, he applied a Problem-solution approach as a remedy for the challenge of securing financial benefits after reaching retirement age.

8 0
24 days ago
When the price of a movie ticket rises from $6 to $8 for senior citizens, Gary (a senior citizen) decides to go to the movies ev
arsen [2988]

Answer:

2.33; the demand for movies is elastic

Explanation:

Below is the calculation for price elasticity of demand:

= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)

Here, the change in quantity demanded is defined as

= Q2 - Q1

= 30 - 15

= 15

The average quantity demanded is

= (30 + 15) ÷ 2

= 22.50

The change in price is computed as

= P2 - P1

= $8 - $6

= $2

And the average price is

= ($8 + $6) ÷ 2

= 7

Thus, after computing, the result for price elasticity of demand is 2.33

As we were not instructed on the method for calculation, the mid-point formula was utilized.

From this calculation, we deduce that the demand for movies is indeed elastic.

7 0
1 month ago
Which of the following statements concerning the cash budget is CORRECT? a. Depreciation expense is not explicitly included, but
marusya05 [3096]

Answer:

a. The depreciation expense isn't separately listed, but its influences are shown in the projected tax payments.

Explanation:

The cash budget reflects all cash transactions, both receipts and payments

It includes interest and dividend disbursements, indicating cash outflows when payments are made in cash

Additionally, it impacts the Days Sales Outstanding (DSO) and encompasses cash inflows related to long-term sources such as bond issuance

However, since depreciation is a non-cash expense, it's not explicitly accounted for, but its impact is included in tax payment projections

7 0
22 days ago
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