The Daly company's annual net income was $53,600.
To calculate Daly Company's net income for the year, we need to use the formula:
Net Income = Gross Sales - Sales Discounts - Sales Returns and Allowances - Cost of Goods Sold - Selling and Administrative Expenses - Loss on Sale of Plant Asset - Adjustment for Prior Year Error + Gain on Discontinued Operation + Unrealized Gain on Available for Sale Debt Securities - Income Tax Expense
Plugging in the given values, we get:
Net Income = $2,674,200 - $90,000 - $48,000 - $1,164,300 - $475,600 - $15,000 + $60,000 + $12,000 + $9,000 - $5,400 - (30% x (Gain on Discontinued Operation + Unrealized Gain on Available for Sale Debt Securities - Adjustment for Prior Year Error))
Note that we do not adjust the gain on discontinued operation and the unrealized gain on available for sale debt securities for taxes.
Solving for the income tax expense part first, we get:
Income Tax Expense = 30% x ($12,000 + $9,000 - $60,000) = -$6,300 (negative because there is a tax benefit due to the prior year error adjustment)
Substituting this value back into the formula, we get:
Net Income = $2,674,200 - $90,000 - $48,000 - $1,164,300 - $475,600 - $15,000 + $60,000 + $12,000 + $9,000 - $5,400 - (-$6,300) = $53,600
Therefore, Daly Company's net income for the year is $53,600.
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Why do many economists believe that the best time to start a new business is toward the end of a recession?because GDP is growingmore businesses are adding jobsbanks are again starting to loan moneyall of the above
Many economists believe that the best time to start a new business is toward the end of a recession due to several factors.
Firstly, as the economy begins to recover, GDP growth is typically observed. This expansion provides a more favorable environment for businesses to thrive, as increased economic activity creates greater demand for goods and services. Secondly, as the recovery takes hold, businesses tend to start adding jobs, indicating a positive trend in employment. This means a larger pool of potential customers and a stronger labor market for hiring skilled workers. Lastly, during economic recoveries, banks often become more willing to loan money, which can provide essential capital for starting and expanding a business. In summary, the end of a recession offers a combination of growing GDP, increasing job opportunities, and improved access to financing, making it an opportune time to start a new business.
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Management, can anyone help me?
I think it is C I looked up some stuff and they all add up to C
Getler Inc.'s projected capital budget is $2,000,000, its target capital structure is 40% debt and 60% equity, and its forecasted net income is $1,000,000. If the company follows a residual dividend policy, how much dividends will it pay or, alternatively, how much new stock must it issue?Dividends Stock Issueda.$541,500 $171,475b.$600,000 $190,000c.$514,425 $162,901d.$570,000 $180,500e.$ 0 $200,000
Answer:
The correct answer to the following question will be Option e (0 $ 200,000).
Explanation:
Residual dividend policy should be used for businesses that fund their capital needs by wealth earned at home. Such that, companies can make investments only if all investment requirements are satisfied by something like internal resources instead of moving to something like the marketplace.
Capital Budget = $2,000,000
Capital structure will be:
Debt = 40%
Equity = 60%
Income = $1,000,000
So let us measure the balance of our Expected Debt and Equity first:
Debt = \(2,000,000 \times 40 \ percent\)
= \(800,000\)
Equity = \(2,000,000\times 60 \ percent\)
= \(1,2000,000\)
As we know our income will be $1,000,000.
Then maybe we can have been using our inner income of $1,000,000 to funding everyone's capital requirement of $1,2000,000.
So,
Residual amount = \(1,000,000 - 1,2000,000\)
= \(-200,000\)
This suggests that our organization has to sell upwards of $200,000 shares of assets and therefore will not be capable to afford to pay some distributions yet. So that option e would be the right answer.
alan patel is a college student living alone in a campus apartment. he finished cooking dinner when his friends text him to join them at the dining hall on campus for dinner. he now has to decide whether to eat the dinner he prepared or walk to campus to meet his friends at the dining hall. alan should consider all the following costs when making this decision except the:_____.a. the time it will take to go meet his friends and walk back. b. amount of money he will spend at the dining hall. c. money spent on the groceries he used to cook dinner. d. value he places on not eating dinner alone.
Alan patel is a college student living alone in a campus apartment. he finished cooking dinner when his friends text him to join them at the dining hall on campus for dinner. he now has to decide whether to eat the dinner he prepared or walk to campus to meet his friends at the dining hall. alan should consider all the following costs when making this decision except the c. money spent on the groceries he used to cook dinner.
In economic and business, A sunk cost or also called as are retrospective cost, generally can be defined as an investment already incurred that can't be recovered. Based on the statement above, the money that Alan Patel spent on the groceries that he used to cook dinner is an example of sunk cost, it is because that money can not be recovered.
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Country b has a gdp of $1 trillion and a gdp per capita of $27,000. its economy is a mix of manufacturing, high tech, services, aviation, agriculture, and mining. it has laws favorable to entrepreneurship and private sector growth. it has multinational corporations that have recently begun outsourcing jobs overseas, resulting in a rise in unemployment. which of these factors is the strongest sign that country b has a developed economy? multinational corporations operate within its borders. it is home to many high-tech companies. it has laws favorable to entrepreneurship it has a high gross domestic product.
The strongest sign that country B has a developed economy is it has a high gross domestic product.
What is the sign of economic development?Gross domestic product is the monetary value of all the final goods and services produced in an economy within a given period. The higher the GDP of a country, the higher the level of economic growth and development of the country.
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Answer: D: It has a high gross domestic product.
Explanation:just did it
Social security and medicare are
O progressive taxes.
payroll taxes.
O local taxes.
corporate taxes.
Answer:
payroll
Explanation:
eg2020
Social security and Medicare are payroll taxes. The taxes that both employees and employers pay on salaries, wages, and tips are referred to as payroll taxes. Thus, option B is correct.
What are payroll taxes?Employers deduct taxes from employee paychecks and send the money to the government. In addition to the employee's portion of Social Security and Medicare taxes (FICA), these taxes also include federal, state, and local income taxes. Employers are responsible for paying both federal and state unemployment taxes, as well as their portion of FICA.
Every employee's wage has payroll taxes deducted from it and sent to the federal government. Payroll taxes in the US are used to pay for Social Security and Medicare. Employers and employees are both required to contribute an equal amount towards Social Security and Medicare taxes. Payroll taxes are a source of funding for the government, certain programs, Social Security.
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Sheree oversees the creation of books at a publishing company. She has to coordinate the efforts of designers, editors, typesetters, proofreaders, the marketing department, and several members of other departments. Sheree is a:a. project manager.b. production head.c. line manager.d. matrix boss.
Sheree is a project manager as she is responsible for overseeing the creation of books at the publishing company, which involves coordinating the efforts of multiple departments and individuals to complete a specific project.
A project manager is a professional responsible for leading a project team to achieve specific goals and objectives within a specified timeframe and budget. Project managers are responsible for planning, executing, and closing projects across a range of industries and sectors. Their key responsibilities include:
1. Project Planning: This includes defining project goals, objectives, and deliverables, developing project schedules, and identifying project risks.
2. Project Execution: This involves overseeing project teams, managing project resources, and ensuring that project tasks are completed on time and within budget.
3, Project Monitoring and Control: This involves tracking project progress against the project plan.
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Does the Federal Reserve pay taxes?
Answer:
Federal Reserve banks are exempt from paying taxes at the federal, state and local levels, except on real estate holdings. This is because of rules on taxation set forth in Section 7(c) of the Federal Reserve Act.
Explanation:
The world flow of foreign direct investment between 1990 and 2017 increased 600 percent. If a company decides to establish a new operation in a foreign country, that company has engaged in A. greenfield investment B. in acquisition C. a franchise artangement D. a mergerE. a censing arrangement
Option (a), Between 1990 and 2017, the global flow of foreign direct investment surged by 600%. A corporation has made a greenfield investment if it decides to launch a new operation in another nation.
Do you believe that foreign direct investment (FDI) from greenfield projects will hurt the economy and diminish market competition?When FDI is conducted through greenfield investment, market competition will increase and economic welfare would decrease. The danger of an MNE joining a market and monopolizing it seems to be of more concern in countries where there aren't many major locally owned firms.
What impact does a rise in foreign direct investment have on the economy?If foreign investors seize control of the market and drive out domestic producers, they might have a negative effect on domestic companies. The payment balance of the host country could be harmed by a major outflow of investor profits or by large imports of inputs.
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Konika Minolta delays customization of its laser printers as long as possible. This is an example of which of the following?
A. backward integration
B. vendor-managed inventory
C. postponement
D. standardization
E. timely customization
The example given of Konika Minolta delaying customization of its laser printers as long as possible is an instance of postponement. Postponement is a supply chain strategy where companies delay customizing their products until the latest possible moment to meet specific customer demands.
This strategy helps to minimize inventory costs, reduce lead times, and streamline production processes. By postponing customization, Konika Minolta can reduce the costs of keeping large inventories of customized printers that may not sell.
Additionally, it allows the company to respond to customer demands more quickly and effectively. Thus, Konika Minolta's approach to delaying customization is an excellent example of postponement strategy that allows for efficient and effective customization while keeping inventory costs low.
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They have fixed costs of £200 per month Each item's raw materials cost £50 The items sell for £150 each
What is the Break Even Point for the business?
Answer:
2 unit
Explanation:
The break-even point is that point at which a business makes no profit after settling all the necessary fixed cost for the period. It is the point preceding profit making at which costs are recovered
It is calculated by dividing the fixed costs with the sales revenue less the variable cost per unit of an item.
Workings
Fixed cost = 200
Selling price = 150
Variable cost = 50
Break even point = 200/(150-50)
=2 units
Any sales below this ends up in a loss as the fixed cost will not be fully recovered.
20. One way the federal government can control inflation is to increase
A) the money supply.
B) public spending.
C) the tax rate.
D) bank regulation
One way the federal government can control inflation is to increase public spending.
Therefore, Option B is the correct option.
What is Inflation?In the field of economics, inflation is the broad term for a rise in the cost of goods and services across an economy. Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.
In conclusion, inflation is the term used to describe a long-term, widespread increase in the cost of goods and services throughout the economy, which reduces both consumer and company purchasing power. In other words, a dollar (or whatever currency you choose to pay with) will not buy as much today as it did yesterday.
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the total cost in dollar to produce q units of a product is c(q). fixed costs are 16000. what is the marginal cost 140 units
(a) The total cost to produce 140 units is $30,986.40. (b) The value of C''(140) is $-1. (c) Using parts (a) and (b), the estimated value of C(141) is $31,063.40.
(a) To find C(140), which represents the total cost to produce 140 units, we can substitute 140 into the cost function C(q). Given that fixed costs are $16,000 and the marginal cost is C'(q) = 0.00892q - q + 61, we can calculate C(140) as follows
C(140) = Fixed costs + Integral of C'(q) from 0 to 140
Fixed costs = $16,000
To find the integral of C'(q), we integrate the marginal cost function with respect to q
∫(0.00892q - q + 61) dq
= 0.00446q² - 0.5q² + 61q + C
Evaluating this integral from 0 to 140 gives:
C(140) = $16,000 + [(0.00446 × 140²) - (0.5 × 140²) + (61 × 140)] - [(0.00446 × 0²) - (0.5 × 0²) + (61 × 0)]
= $30,986.40
Therefore, the total cost to produce 140 units is $30,986.40.
(b) C''(q) represents the second derivative of the cost function. Taking the derivative of C'(q) with respect to q, we find:
C''(q) = d²/dq²(0.00892q - q + 61)
= -1
Therefore, the value of C''(140) is $-1.
(c) Using the information from parts (a) and (b), we can estimate C(141) by considering the change in C(140) due to the marginal cost. Since C''(140) = -1, this implies that the marginal cost is decreasing. To estimate C(141), we assume a linear relationship between C(140) and C(141) based on the marginal cost
C(141) ≈ C(140) + C'(140)
Substituting the values, we have:
C(141) ≈ $30,986.40 + $77.8
≈ $31,063.40
Therefore, the estimated total cost to produce 141 units is $31,063.40.
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Complete Question
"The total cost in dollars to produce g units of a product is C(q). Fixed costs are $16,000. The marginal cost is C' (q) = 0.00892 - q+61 Round your answers to two decimal places.
(a) Find C(140), the total cost to produce 140 units.
The total cost to produce 140 units is $ ?
(b) Find the value of C'' (140) ?
C' (140) = $ 77.8
(c) Use parts (a) and (b) to estimate C (141).
C (141) = $ ?"
there is no right or wrong answer
An increase in the expected price level shifts short-run aggregate supply to the.
An increase in the expected price level shifts short-run aggregate supply to the short-run but not the long-run aggregate supply curve left.
long-runA lengthy run is a period of time when a manufacturer or producer is able to make flexible manufacturing decisions. Based on predicted earnings, businesses can either increase or decrease production capacity, or enter or depart an industry. Long run: The elements connected with production, as well as the accompanying costs, are vary in the long term. During this time, a company gains decision-making flexibility. Furthermore, a company might anticipate increased rivalry in the long run.
COMMON People use in the long run or over the long run to describe how things happen or evolve over time.
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which of the following are accurate descriptions of the meta message of a business communication? (choose every correct answer.)
The accurate descriptions of the meta message of a business communication are given below:
When communicating in a business environment, it is necessary to be able to distinguish between the main message and the meta-message.
What's the accurate descriptions of the meta messageThe accurate descriptions of the meta message of a business communication are as follows:
The tone of the message is the first meta-message signal. It refers to the style or character of the text being conveyed. For example, if the text is written with a positive or negative tone, it can convey feelings or messages.
The nonverbal communication is another meta-message signal. Nonverbal communication includes eye contact, tone of voice, facial expressions, and body language. For example, if the speaker has direct eye contact and open body language, they may be perceived as more honest or trustworthy than someone who avoids eye contact or closes off their body language.
The choice of words is also a meta-message signal. It implies the speaker's attitude or intention, whether they are positive or negative. For example, the word "challenging" can have a different connotation than "difficult" or "impossible."
In addition, the context is also a meta-message signal. The context of a message refers to the situation or environment in which it is delivered. For example, if a message is delivered in a loud and chaotic environment, it may be difficult to hear or understand it. Similarly, if the message is delivered in a private setting, it may be perceived as more confidential.
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What is the difference between margin account vs cash account?
The difference between margin account vs cash account is of Trading Capabilities, Risk and Requirements.
Here are the main differences between the two:
Trading Capabilities:
Cash accounts, In a cash account, you can only trade with the money you have deposited into the account. You cannot borrow funds from the broker to make trades.
Margin accounts, In a margin account, you can borrow money from your broker to purchase securities. This means you can buy more shares than you would be able to with just the cash in your account.
Risk:
Cash accounts, Trading in a cash account is considered less risky because you can only use the funds you have deposited. You cannot lose more money than you have in the account.
Margin accounts, Trading in a margin account can be riskier because you can borrow money from the broker. This means that losses can exceed the amount of cash in your account, and you can end up owing your broker money if your trades go against you.
Requirements:
Cash accounts, To open a cash account, you only need to deposit the minimum amount required by the broker.
Margin accounts, To open a margin account, you need to meet the broker's minimum requirements, which typically include a certain amount of cash and securities in your account, and you must also agree to the terms and conditions of the margin account.
In summary, the key difference between a margin account and a cash account is the ability to borrow funds from the broker to make trades. Margin accounts allow you to take on more risk and potentially make larger gains, but they also come with the risk of losing more money than you have in the account. Cash accounts are considered less risky, but you have limited trading capabilities since you can only use the cash you have deposited in the account.
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which term describes a technology that performs deep-content inspection within a scope defined by a central management console?
Data leakage prevention (DLP) describes a technology that performs deep-content inspection within a scope defined by a central management console.
Which of the following is the term that describes the consistency accuracy and validity of data or information?Any system that stores, processes, or retrieves data must be designed, implemented, and used in a way that maintains data integrity, which is the maintenance and assurance of data accuracy and consistency over the course of its full life-cycle.
In terms of security and legal compliance, such as GDPR compliance, data integrity also refers to the security of data. It is kept current through a set of protocols, rules, and specifications established during the design phase. Data integrity refers to the overall caliber, consistency, and completeness of data.
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Research some examples of organizations that experienced bad publicity and how they dealt with it. Write a paper detailing your findings.
Answer:
did you finish it cuase i got the same one
Explanation:
Admit the error, apologize, and present a solution if you or your company is receiving negative press as a result of anything you did incorrectly. Negative publicity won't disappear if you ignore it.
What do you mean by Negative publicity?When damaging material is revealed, negative PR or publicity can take many different forms in company and can impact everything from sales to your reputation.
Various forms of unfavorable PR for your company could include: negative coverage of your business in the media, online, in publications, or on television.
In particular, we contend that by raising product awareness, unfavorable publicity might boost sales and purchase likelihood.
Negative publicity should therefore affect products differently depending on whether they are recognized or unknown. This viewpoint is supported by three investigations.
Your brand's reputation can be severely damaged in a matter of minutes by false information, negative reviews, and nasty social media remarks. Even worse, rumors spread swiftly and negatively impact the reputation of your company.
Negative publicity can have a significant impact on how potential customers see your brand. When customers publicly disparage a company, product, or service, this is known as bad publicity.
Bad publicity includes posting or publishing negative evaluations on websites, review pages, and social media accounts.
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Sly Bailey, the Trinity Mirror Chief Executive, sought to boost revenues of the Daily Mirror in 2004 by increasing the price of the tabloid newspaper by 3p, from 32p to 35p. The move is a sharp U-turn of the policy of Philip Graf, her predecessor, who tried to boost Daily Mirror circulation by cutting the cover price, triggering a price war with its rivals The Sun and the Daily Star. Ms. Bailey ended the price war as soon as she took over at Trinity Mirror in 2003. The Daily Mirror will now cost 5p more than the The Sun, which is owned by News International, parent company of the Times. It appears that The Sun has no immediate plans to increase its price. The Daily Mirror last increases its price in September 1999 but the tabloid newspaper market in the UK is fiercely competitive and it’s not clear what the effect on its circulation will be.
Question:
1. What price elasticity of demand issues are raised in this case study?
Price elasticity of demand is a measure of how responsive a change in consumption is to a specific change in a product's price. There will be less demand for the newspaper because its price increased.
How much a product's consumption alters in response to price changes is measured by price elasticity of demand. A good is perfectly elastic if its price elasticity is infinite (if demand changes substantially even with minimal price change). If price elasticity is greater than 1, the good is elastic; if it is less than 1, it is inelastic. If a good's price elasticity is zero, then no amount of price fluctuation will change demand for that good. A demand or supply curve that is inelastic will result in a lesser percentage change in quantity demanded or supplied for a given change in price.
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Mill Creek Corporation (MCC) currently has 520,000 shares of stock outstanding that sell for $50 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:
a. MCC has a six-for-three stock split? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response. )
New share price $ per share
b. MCC has a 20% stock dividend? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response. )
New share price $ per share
c. MCC has a 45. 5% stock dividend? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response. )
New share price $ per share
d. MCC has a three-for-seven reverse stock split? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response. )
New share price $ per share
Determine the new number of shares outstanding in parts (a) through (d). (Do not round intermediate calculations. Round the final answers to the nearest whole number. )
a. After a six-for-three stock split, the number of shares outstanding will increase to a New number of shares outstanding by 1,040,000, b. A new number of shares outstanding: 624,000, c. shares outstanding: 756,600, and d. New number of shares outstanding: 222,857
a. After a six-for-three stock split, the number of shares outstanding will increase to (520,000 x 6/3) = 1,040,000 shares. The new share price will be (50/3) = $16.67 per share.
New number of shares outstanding: 1,040,000
b. A 20% stock dividend will increase the number of shares outstanding by 20% of the current number of shares, which is (520,000 x 0.20) = 104,000 shares. The new number of shares outstanding will be (520,000 + 104,000) = 624,000 shares. The new share price will be (50/1.20) = $41.67 per share.
New number of shares outstanding: 624,000
c. A 45.5% stock dividend will increase the number of shares outstanding by 45.5% of the current number of shares, which is (520,000 x 0.455) = 236,600 shares. The new number of shares outstanding will be (520,000 + 236,600) = 756,600 shares. The new share price will be (50/1.455) = $34.31 per share.
New number of shares outstanding: 756,600
d. After a three-for-seven reverse stock split, the number of shares outstanding will decrease to (520,000 x 3/7) = 222,857 shares. The new share price will be (50 x 7/3) = $116.67 per share.
New number of shares outstanding: 222,857
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What are the factors of stability that make up political risk unit of measure? strengths against shocks shock absorbers shocks themselves.
the factors of stability that make up political risk unit of measure strength against shocks and shock themselves.
Political riskPolitical risk is the risk that investors, firms, and governments face when political actions, events, or situations have a major impact on a business actor's profitability or the projected value of a specific economic activity. Political risk may be understood and handled via careful planning and investment.
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Damai Motor Company (DMC), which had previously been one of Malaysia's most lucrative companies, was striving to stay afloat and faced its greatest loss in 2020 . Some of the reasons for the decline in profit were internal problems such as frequent leadership changes, poor leadership, loss of touch with customers, and failure in the diversification plan. DMC's product development and manufacturing procedures, previously strong suits, had deteriorated over time. Communication was also impeded, and the very bureaucratic organisational culture impacted the firm's effectiveness. As a result, to restore the company's glory, the DMC's leadership must focus on restoring specific competencies and fostering a culture of excellence and ethical behavior.
In March 2021, the Board of Directors (BOD) chose to add a new dynamic group member. Tan Sri Simon Chia was appointed to be the new Chief Executive Officer (CEO). As a former executive vice-president of a large telecommunications firm, he was expected to use his experience and leadership skills to restore customer satisfaction and develop a strong corporate culture in DMC. Simon was committed to breaking DMC's dysfunctional culture in achieving the set of company goals. Simon started by closing plants, cutting jobs, laying off employees, increasing plant utilisation and production levels, and refocusing on DMC branding. He also made structural and procedural changes, especially in top management. Simon had full support from the top management of DMC, including the chairman and the new board members. To enhance the organisation's long-term viability, Simon needs to build a learning organisation that can adapt to change, foster creativity, and succeed in highly competitive markets. Simon recognizes the importance of having everyone involved in active learning and adapting.
In addition, Simon did some senior executive reorganisation. Simon changed the functional organisation structure to Strategic Business Unit (SBU) structure. Divisions with similar products, markets, and technologies are grouped into homogeneous units that are under the SBU structure to achieve some synergies. Diversification includes the objectives to leverage core competencies, share infrastructure, and enhance market power. Each of the corporation's SBUs operates as a profit centre. All these divisional heads reported directly to him. It meant Simon could coordinate \& control key functions while implementing his strategy. Given the industry's high level of competition, Simon believes that achieving the sales target and profit will be difficult unless a strong sales team rewarding, and loyalty strategy are developed. Apart from the high commission given to the highest sales for individual and team, other rewards such as non-cash awards such as luxury travel, mobile phone, and iPad are awarded to the top sales individual and team each year. The sales team says that the trip and other valuable products will be remembered longer than the cash reward. Although Simon implemented changes in the culture, his methods created conflict with certain management members, and some experienced employees quit the company. Required:
a. Discuss three (3) benefits of implementing the Strategic Business Unit (SBU) structure in DMC.
b. Criticise any three (3) downsides of the reward and incentive system developed by Tan Sri Simon Chia as the systems can be powerful motivators and sometimes may result in undesirable outcomes.
c. Propose to Tan Sri Simon Chia the three (3) key elements of building a learning
The implementation of the SBU structure in DMC offers benefits such as increased focus, synergy, and strategic alignment.
Three benefits of implementing the Strategic Business Unit (SBU) structure in DMC are:
Increased focus and accountability: The SBU structure allows DMC to group divisions with similar products, markets, and technologies into homogeneous units. This increases focus and accountability within each SBU as they operate as profit centers. Each SBU has its own goals, targets, and performance metrics, enabling better monitoring and evaluation of individual business unit performance.
Synergy and resource sharing: By leveraging the core competencies of different divisions and sharing infrastructure, the SBU structure promotes synergy within DMC. Divisions within the same SBU can collaborate more effectively, share resources, and benefit from economies of scale. This can lead to improved efficiency, reduced costs, and better utilization of resources across the organization.
Enhanced market power and strategic alignment: The SBU structure enables DMC to align its divisions strategically with specific markets or customer segments. This allows for a more targeted approach to marketing, sales, and product development. By organizing divisions based on market needs and opportunities, DMC can respond more effectively to customer demands and gain a competitive advantage in the marketplace.
b) Three downsides of the reward and incentive system developed by Tan Sri Simon Chia:
Potential for unhealthy competition: The high commission and non-cash awards offered as rewards may create a culture of intense competition among the sales team. While competition can be motivating, it can also lead to negative consequences such as cutthroat behavior, undermining teamwork, and compromising ethical standards. The focus on individual performance may overshadow collective goals and collaboration.
Risk of short-term focus: The reward and incentive system heavily emphasizing sales targets and individual performance may encourage short-term thinking. Salespeople may prioritize meeting immediate targets rather than building long-term customer relationships or focusing on sustainable business growth. This can hinder the development of long-term customer loyalty and undermine the organization's overall profitability and reputation.
Potential for dissatisfaction and turnover: While non-cash awards such as luxury travel and valuable products can be appealing, they may not satisfy all employees. Some employees may have different preferences or value monetary rewards more. The disparity in rewards can lead to dissatisfaction and demotivation among those who do not receive the top awards. Additionally, the conflict created by the reward system may result in experienced employees leaving the company, leading to a loss of valuable knowledge and expertise.
c) Three key elements of building a learning organization that can be proposed to Tan Sri Simon Chia are:
Foster a culture of continuous learning: Establish a culture where learning is encouraged and valued at all levels of the organization. Encourage employees to take ownership of their learning and provide resources and opportunities for professional development, such as training programs, workshops, and mentorship initiatives. Create a safe and supportive environment where employees feel comfortable experimenting, sharing knowledge, and learning from both successes and failures.
Promote knowledge sharing and collaboration: Implement mechanisms and platforms that facilitate knowledge sharing and collaboration among employees. Encourage cross-functional teams, create communities of practice, and promote open communication channels. Foster a culture where employees are encouraged to share their expertise, insights, and best practices, enabling collective learning and problem-solving.
Emphasize adaptability and innovation: Encourage employees to embrace change and be adaptable in the face of evolving market conditions. Foster a mindset of innovation and creativity by encouraging employees to generate new ideas, experiment with new approaches, and challenge existing processes. Provide the necessary support and resources for employees to explore new technologies, trends, and market developments. Recognize and reward innovative thinking and risk-taking that contributes to the organization's growth and success.
The implementation of the SBU structure in DMC offers benefits such as increased focus, synergy, and strategic alignment. However, the reward and incentive system developed by Tan Sri Simon Chia may have downsides related to unhealthy competition, short-term focus, and potential dissatisfaction among employees.
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Which of the following is NOT true about emergency funds?
a,They can keep you from borrowing money from friends and family.
b,They help remove the worry about expenses not in the budget.
c,They are used for anything listed on the budget.
d,They help you prepare for unexpected expenses.
Answer:
The answer is "They are used for anything listed on the budget."
The option that is NOT true about emergency funds is: c. They are used for anything listed on the budget.
What is emergency funds?Emergency funds are usually not used for things that are planned and included in the budget. Instead, emergency funds are money saved specifically for unexpected expenses that you didn't plan for in your usual budget.
The reason for having an emergency fund is to have money saved for unexpected things that might happen, like when someone gets hurt and needs to go to the hospital or when a car or home needs fixing. It can also help if someone loses their job or if something else happens that they didn't expect.
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Which is a good rule to follow when sending business emails? (1 point)
Answer:
Avoid forwarding spam and unnecessary messages such as chain letters.
Explanation: did the test
The good rule that must follow at the time of sending business emails is to avoid forwarding spam and unwanted texts like chain letters.
What is email?An email, is also called as the electronic mail. It is one of the most extensively employed features of the Internet, that is mostly used in the formal business organizations.
It allows a person to transport and acquire messages from nay person in the globe that has an email account. Within the TCP/IP suite, email uses a variety of protocols.
When sending business emails, a good tip to follow is to avoid forwarding spam and undesirable texts like chain letters.
Therefore, the use of formal languages and proper formats made the emails more accurate.
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What is the total cost to conduct a market research survey will $500 base fee plus $3 per question and 1.25per person surveyed? The survey has 13 questions and will be sent to 300 people.
answer: The survey has 12 .
Explanation:
ABC Company issued a bond with face value for $1000, paid annual 10% coupon and 3 years to maturity, what is the value of ABC bonds today if the required rate of return is 12%.
Answer:
The value of Bond = $951.963
Explanation:
The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV) discounted at the yield rate
Value of Bond = PV of interest + PV of RV
Th e PV of interest payment
A ×(1- (1+r)^(-n))/r
Interest payment = 10%× 1000 = 100
PV = 100× (1- 1.12^(-3))/0.1 = 240.183126
PV of redemption value
PV = RV× (1+r)^(-n)
PV = 1000× 1.12^(-3) = 711.7802
The value of bond = 240.18 + 711.78= 951.963
The value of Bond = $951.963
what does the CTSO “FEA”
describe??? PLEASE ANSWER QUICK
Answer:
Explanation:The Future Educators Association (FEA), sponsored by PDK International, is a. student organization that provides students. interested in education-related careers. with activities and materials that help them.
if im wrong, sorry.
demand is ___ when the price change results in a relatively larger change in the quantity demanded
Answer:
Demand is elastic when the price change results in a relatively larger change in the quantity demanded :3
Explanation:
:3
Review the statements below to determine the correct definition of a credit memorandum.
A. The bank notifies the depositor of each deduction to the account with a credit memorandum.
B. The bank notifies the depositor of each increase to the account with a credit memorandum.
C. Whenever the balance in the account becomes overdrawn, the bank issues a credit memorandum.
D. Whenever a check is drawn against the account, the bank issues a credit memorandum.
Answer:
Review the statements below to determine the correct definition of a credit memorandum.
A. The bank notifies the depositor of each deduction to the account with a credit memorandum.
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