Answer: D A bid price
Explanation: The buyer change change the bid
A salesperson sets a starting price for a new car that the buyer thinks is slightly too high. A bid price might the buyer counter with. The best bid is the offer price that has received the most quotes from buyers of a given security or asset. The maximum price a seller could anticipate receiving from a market order is represented by the best bid.
Why is the bid higher than the ask?Together, they show the optimum price for buying and selling stocks at a specific moment. The bid price is the most money a buyer will spend on security, like a share of stock. The asking price is the lowest sum the vendor will take in exchange for that security.
The highest price a buyer will pay to purchase a specific number of shares of stock at any particular time is referred to as the "bid." The lowest price a seller will accept for the stock is referred to as the "ask." Almost invariably, the bid price will be less than the ask, or "offer," price.
Thus, the ideal selection is option D.
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what is the function of product and service management
Skysong Company began operations in 2025 and determined its ending inventory at cost and at LCNRV at December 31, 2025, and December 31, 2026. This information is presented below.
Cost Net Realized Value
12/31/25 $318,270 $296,260
12/31/26 440,430 422,800
(a) Prepare the journal entries required at December 31, 2025, and December 31, 2026, assuming inventory is recorded at LCNRV and a perpetual inventory system using the cost-of-goods-sold method.
(b) Prepare journal entries required at December 31, 2025, and December 31, 2026, assuming inventory is recorded at LCNRV and a perpetual system using the loss method.
The appropriate journal entries required at December 31, 2025, and December 31, 2026 is; Debit Cost of goods sold $22,010, Credit Allowance to reduce inventory to NRV $22,010 ; Debit Allowance to reduce inventory to NRV $4,380, Credit Cost of goods sold $4,380.
How to prepare the journal entry?Skysong Company Journal entries
a) December 31, 2025
Debit Cost of goods sold $22,010
Credit Allowance to reduce inventory to NRV $22,010
( $318,270 - $296,260 )
December 31, 2026
Debit Allowance to reduce inventory to NRV $4,380
Credit Cost of goods sold $4,380
[( $318,270 - $296,260 ) - ($440,430 - $422,800)]
b) December 31, 2025
Debit Loss due to decline inventory to NRV $29,000
Credit Allowance to reduce inventory to NRV $29,000
( $318,270 - $296,260 )
December 31, 2025
Debit Allowance to reduce inventory to NRV $4,000
Credit Recovery of Inventory loss $4,000
[( $318,270 - $296,260 ) - ($440,430 - $422,800)]
Therefore the entry at dec 31 2025 is to Debit Cost of goods sold with amount of $22,010 and to Credit Allowance to reduce inventory to NRV with the amount of $22,010.
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How are consumer demand and business-to-business demand of goods and services related?
Answer:
A small increase or decrease in consumer demand can produce a much larger change in demand for the goods and services (raw materials, supplies and services, installations, accessory equipments) needed to make the consumer product.
Explanation:
The business-to-business demand of goods and services related tends to be more unstable than the consumer demand of goods and services. A small increase or decrease in consumer demand can produce a much larger change in demand for the goods and services (raw materials, supplies and services, installations, accessory equipments) needed to make the consumer product.
Which of the following file extensions can the browser render with no help from any other software?
A file with the extension.html may be opened in a browser even if the browser does not have any additional software or extensions installed.
Simply clicking on the file will cause it to open in your browser, at which point it will display the content that is included inside the file.
What is a web browser extension?Generally, A web browser may have its functionality enhanced via the installation of add-ons known as extensions.
The majority of browsers support a diverse range of extensions, which may include changes to the user interface, cookie management, the banning of advertisements, and the custom scripting and design of web pages.
It is possible for a browser to open a file that ends in.html even if the browser does not have any extra software or extensions installed.
Simply clicking on the file will cause it to open in your browser, at which time it will show the content that is included inside the file. Clicking on the file will cause it to open in your browser.
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Why is it important to select products and services that represent best value for money
Answer:
Too low of a price means you forgo potential profits. The most important factor in product price setting is choosing a price low enough that customers perceive they are getting a good value relative to what your competitors are offering and the prices they are charging -- but yet high enough to generate a profit.
Explanation:
Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 states that its purpose, in part, is to require that real estate appraisals used in connection with federally related transactions be performed ______.
Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 requires real estate appraisals used in federal government transactions to be completed in writing and to uniform standards.
What exactly is the 1989 Enforcement Act?The Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) is a law passed in 1989 in response to the savings and loan crisis of the late 1980s that revised the federal government agency structure and rules governing the United States savings and loan banking system and the real estate appraisal industry. The following are some of the major changes brought about by the law:
Regulations to ensure that real estate appraisals are properly performed. This includes the need for complete and accurate documentation, as well as training for appraisers and their supervisors.The Resolution Trust Corp. was established temporarily to resolve the status of the nation's failed savings and loan institutions.The Federal Savings and Loan Insurance Corporation was abolished, and two funds of the Federal Deposit Insurance Corporation were established: the Savings Association Insurance Fund (SAIF) to cover S&Ls, and the Bank Insurance Fund (BIF) to cover banks.The Federal Home Loan Bank Board was abolished, and two new agencies were established to replace it: the Federal Housing Finance Board (FHFB) and the Office of Thrift Supervision (OTS).Learn more about the Enforcement Act with the help of the given link:
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what’s a president/ director statement
Answer:
director's statement is a written description in which a film director will explain the motive and vision behind making a particular film
Presidential statement is official pronouncements issued by the President of the United States at or near the time a bill is signed into law
What is the main reason that people purchase insurance policies?
A. they want to reduce the cost of their student or personal loans.
B. They want to avoid paying for major unexpected expenses.
C. They want to avoid increasing their monthly premiums
D. They want to invest money in insurance to grow it over time
Option B is correct. The main reason that people purchase insurance policies is because they want to avoid paying for major unexpected expenses.
What is an insurance policies?An insurance policy can be defined a contract between the insurer and the policyholder which determines the claims which the insurer is legally required to pay. The policy is enforced in an exchange for an initial payment known as the premium in which the insurer promises to pay for loss caused by perils covered under the policy language.
Most of the insurance contracts are designed to meet specific needs and thus have many features not found in many other types of contracts. Because these insurance policies are standard forms, they often feature boilerplate language which is similar across a wide variety of different types of insurance policies.
Some examples of the popular insurance policies includes a Life Insurance, Health Insurance, Disability Insurance, Homeowner's Insurance, Automobile Insurance, Liability Insurance etc,
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Ensuring mental wellness requires
ÇIBIL sCore is not the only credit Score in India.
In India, there are actually multiple credit scoring systems that are used to evaluate an individual's creditworthiness.
While the CIBIL score is certainly one of the most well-known and widely used credit scores in India, it is not the only credit score that lenders and financial institutions rely on. Other credit bureaus such as Experian, Equifax, and CRIF High Mark also offer credit scores that are used by lenders to assess the creditworthiness of borrowers.
Each credit bureau may use a slightly different methodology to calculate credit scores, which is why it's important for individuals to check their credit scores from all relevant bureaus to get a complete picture of their creditworthiness. Additionally, lenders may have their own internal credit scoring systems that take into account other factors beyond just credit history, such as income and employment status.
Therefore, it's important for individuals to be aware of all the credit scoring systems that are used in India and to regularly monitor their credit scores from multiple sources to ensure they have a comprehensive understanding of their financial standing.
By maintaining a good credit score across multiple credit bureaus, individuals can increase their chances of being approved for loans, credit cards, and other financial products with favorable terms and interest rates.
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A department is looking for an entry-level cashier. One of the job applicants is a cashier with 30 years of experience as a cashier. The department manager feels that this candidate is overqualified for the job and is likely to be bored and leave the job in a short time. Instead, they want to pursue a candidate with 6 months of work experience who seems like a better fit for the position.
The reason why the manager wants the person with 6 months of experience is the fact that a person with 30 years of experience is overqualified for an entry level position.
What is an entry level position?
An entry level position is a job that is designated for the people that have just left school.
The kind of people that are fitted for such positions are those that have just graduated from the university.
The person with 30 years of experience does not fit into this category.
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What is the decision and reasoning of the Michael J French v. American Airlines- 2009 US dist. LEXIS 48654 (US district court Utah central division)
The court ruled in favor of American Airlines in the Michael J. French v. American Airlines case, finding that the airline had not broken the Americans with Disabilities Act by mandating that the passenger's service animal remain in a kennel throughout the flight.
An airline passenger's request for a reasonable accommodation under the Americans with Disabilities Act (ADA) was the subject of the Michael J. French v. American Airlines lawsuit in 2009. A disabled traveler named Michael J. French asked American Airlines to give him a special seat for his Golden Retriever service dog on a flight from Utah to Pennsylvania. American Airlines turned down the demand.
The case was handled in Utah's Central Division of the US District Court.
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Using budgeting assumptions when preparing the master budget, ______.
Answer:
makes it easier to answer "what-if" questions
Explanation:
Isabella and Antonio are auto mechanics. Isabella takes 6 hours to replace a clutch and 4 hours to replace a set of brakes. Antonio takes 8 hours to replace a clutch and 6 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.
Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.
- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.
How to determine the whether anyone has an absolute advantage at either task and, for each taskTo determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.
Let's analyze the tasks:
1. Clutch Replacement:
- Isabella takes 6 hours.
- Antonio takes 8 hours.
Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.
2. Brake Replacement:
- Isabella takes 4 hours.
- Antonio takes 6 hours.
Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.
Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.
Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.
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How is refutation different from concession?
Answer:How is refutation different from concession?
Concession – a sentence or two acknowledging that there could be some truth to the Counterargument. Refutation (also called Rebuttal) – sentences which explain why the Counterargument is not as strong as the original Argument.
Discuss the various system for internal administration for financial organisation.
The various system for the internal administration of financial organizations includes accounting systems, budgeting systems, internal controls, performance management systems, risk management systems, and compliance management systems.
Internal administration systems for financial organizations are systems that oversee the internal functioning of the financial organizations and their staff. They enable businesses to establish and follow specific procedures that ensure their operations are stable, transparent, and responsible.
Here are some of the various systems for internal administration for financial organizations:
1. Accounting systems: Accounting systems are essential to ensure the accuracy of financial transactions and the reliability of financial statements. The accounting system should provide information about the current financial status of the organization and account for all income and expenses.
2. Budgeting systems: Financial organizations use budgeting systems to allocate resources and plan expenditures. This system can be used to control the financial performance of a department, project, or organization.
3. Internal controls: Internal controls are the procedures, policies, and activities that help an organization to maintain the integrity of its operations and prevent fraud. The effectiveness of these controls depends on how well they are implemented.
4. Performance management systems: Performance management systems are used to ensure that the goals of an organization are achieved. This system can be used to monitor and evaluate employee performance, provide feedback, and manage employee development.
5. Risk management systems: Risk management systems help financial organizations to identify and manage risks. They can be used to assess the risk associated with various activities and develop strategies to mitigate those risks.
6. Compliance management systems: Compliance management systems help financial organizations ensure that they are following all relevant regulations and laws. They can be used to monitor compliance with internal policies and procedures as well as external regulations.
In conclusion, internal administration systems for financial organizations are essential for ensuring the stability and transparency of financial operations. These systems include accounting systems, budgeting systems, internal controls, performance management systems, risk management systems, and compliance management systems.
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The firm repurchases shares from a major shareholder through privately determined discussions. What method is described in the preceding situation
Answer: Direct negotiation
Explanation:
Since the firm repurchases shares from a major shareholder through privately determined discussions, then this is referred to as a direct negotiation.
A direct negotiation occurs when a company approaches one or some if it's largest shareholders directly so that the company can buy back the shares that was sold to them by the company back from them. In this case, the shares purchase price will include a premium.
The second issue you chose to address with Kenisha is the complexity of the product. The marketing department conducted numerous focus groups to gauge their reaction to the prototype, and the feedback from these focus groups revealed that customers perceived the product to be too complicated and not sufficiently user-friendly. Which of the following statements would be the best explanation for the rejection based on the focus groups' feedback that the product was too complex?
a. The good news is that you've put a lot of great features in the Radio-DRM. The bad news is that focus group customers thought that it was about as complicated as programming the Starship Enterprise. They don't want to spend hours adjusting dials and knobs; all they want to do is plug it in and set a few controls.
b. The customers in the focus groups thought this product is just too complicated! You're building a cruise ship when a simple rowboat will do. You and your team need to stop over- engineering.
c. The marketing department conducted several focus groups for this prototype, and it looks like there are some problems with its complexity. You need to fix these problems as soon as possible.
d. As you know, the marketing department conducted several focus groups for the prototype. Although there were features customers liked, much of the feedback from customers was that the Radio-DRM needs to be made simpler and more user-friendly.
Answer:
ushdusbs
Explanation:
espero te si ha bro zorry
Discuss several ways to punish white-collar crimes discussed in the text. Discuss the pros and cons of each.
The several ways to punish white-collar crimes are;
fines home detention community confinementWhat is white-collar crimes?
Financially driven, nonviolent or indirectly violent crime committed by people, businesses, and government officials is referred to as white-collar crime.These offenses cover a wide range of fraudulent practices, including money laundering, health care fraud, mortgage fraud, and securities fraud.
However, the scope goes beyond these and encompasses additional offenses like insider trading, tax evasion, and embezzlement. Whenever at least one victim experienced significant financial harm, the federal sentencing guidelines recommend a longer jail term.
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1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
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Can organizations structure be change quickly ?why or why not?should it be change quickly ?
No, it is not possible to modify an organization's structure quickly. The chain of command, or the manner in which various duties and responsibilities are to be carried out to forward the objectives of the company, is defined by structure.
Can an organization's structure be changed?In order to fulfill their objectives, increase their competitive edge in the market, or react to market opportunities or threats, organizations execute strategic adjustments to their operations. Modifying the company's procedures, structures, or policies is considered a strategic shift.
Clearly, the answer is no. The company has been running on a specific structure for many years. Not only that, but even internal staff members are accustomed to cooperating with such a work atmosphere. As a result, while change is undoubtedly conceivable, rapid change may not be.
Raise money, boost your company's cash flow or profitability. process and operating procedures improvement redundant managerial responsibilities and extra work positions should be eliminated. Restructure internal operations, such sales and marketing, to improve efficiency.
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Why is it important to remove any emotional feelings when composing an e-mail? Explain using support from the chapter.
The removal of emotional feelings would be helpful because you woul be able to communicate your thoughts better and also use the language that is more appropriate in your speech.
Why a person has to write a mail in the best wayMisunderstandings, strained relationships, and subpar business decisions may result from this. We should be conscious that emails can have a "tone" given that many of us must communicate via email and text. People will recall an email's emotional tone more clearly and for a longer period of time than its actual content.
Never send an email while feeling particularly emotional. Take a deep breath, then send it. Better yet, pick up the phone and have a straightforward conversation.
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CASE STUDY: General Electric (GE) owns the NBC network. GE has used this major media outlet to influence government to legislate in their favor. For example, the GE vice president and the NBC president lobbied the New York City Council against a pending resolution to support the Environmental Protection Agency’s proposal to clean up the Hudson River. GE was able to gain political influence through the use of media. Why do you think leveraging NBC helped GE gain political influence? In what ways do you think this type of lobbying could be detrimental to society (other stakeholders)?
This example studies one-of-a-kind characteristics of innovation and change within general electric (GE) companies. Businesses are pretty challenged inside the business surroundings through competition and purchaser satisfaction.
The superior tempo in technology and globalization issue has allowed many companies similarly to people to use their creative talents and management skills to innovate new services and products, also new approaches to perceiving and presenting subjects.
The exchange in human goals and socio-environmental expectations has led GE agency to the artwork through creativeness turning demanding situations into opportunities and weaknesses into strengths. Innovation is the sport to play as a way to stay successful and sustainable in the modern-day global marketplace for all industries.
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Hanson, Inc. requires its marketing managers to submit estimated cost-volume-profit data on all requests for new products, or expansions of a product line. Nancy Stephens is a new manager. Her calculations show a fixed cost for a new project at $100,000 and a variable cost of $5. Since the selling price is only $15 for the proposed product, 10,000 units would need to be sold to break-even. That is approximately twice the volume estimate for the first year. She shares her dismay with Patti Patterson, another manager, Patti strongly advises her to revise her estimates. She points out that several of the costs that had been classified as fixed costs could be considered variable since they are step costs and mixed costs. When the data has been revised classifying those costs as variable costs, the project appears viable.a. Who are the stakeholders in this decision?b. Is it ethical for Nancy to revise the costs as indicate? Briefly explain.c. What should Nancy do?
Answer:
Following are the responses to the given points:
Explanation:
For point a:
Following are the two categories of stakeholders:
Primary actors were house located stakeholders, such as investors, consumers, vendors, lenders, and employees, who engage in criminal interactions with customers.Secondary games are generally external stakeholders, who are affected or may influence their behavior, such instance the public at large, communities, activities, business support groups, and the press even if they're not involved in the direct economic transaction with the firm.For point b:
Fixed expenses do not represent an essential task. Rather, they involve costs related to the sale or the administration costs of a company. These expenses are charged in the way they receive place. All direct material, direct labor, or overheads related to the production of the product or service were variable expenses. If an item is not sold, those costs were documented throughout the inventory of the company or reported as an asset in the balance sheet. The reclassification from fixed into variable costs will shift the expenses from the financial statement expense to the portion of the stock in hand, and will thus increase profit. Thus, Nancy also isn't planning to classify those costs though they will delay these charges in order to manipulate their accounts to achieve their goals.
For point c:
I will analyze these "mix expenses" to assess fixed, semi-fixed and changeable elements. Evaluate additional semi-fixed costs then draw variable costs from them. Which would give me only variable costs, with fixed costs remaining. That's both quite fair and ethical.
nevaeh retired last fall and now lives on a fixed income. her income is not increasing at the same rate as the rising prices in her country because the economy is expanding rapidly. this could result in
Nevaeh retired last fall and now lives on a fixed income. her income is not increasing at the same rate as the rising prices in her country because the economy is expanding rapidly. this could result in declining purchases.
What is the economy?The economy of any country is determined by the ratio of production and consumption that takes place within a year and evaluates the flow of funds in the market by analyzing the purchasing parity of an individual.
Demand for lower-quality items decreases when an individual's income grows because of greater purchasing power, and production increases when an individual's income decreases because of lower purchasing power.
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The US Senate overwhelmingly passed the 2022 Defense Authorization Act. The $768 billion "Defense Authorization Act" not only exceeds the defense spending proposed by the Biden administration by $25 billion, but also increases the US defense budget by about 5% compared to last year.
The US Senate passed the 2022 Defense Authorization Act, a $768 billion bill that surpasses the Biden administration's defense spending proposal by $25 billion and represents a 5% increase in the US defense budget compared to the previous year.
1. The US Senate passed the 2022 Defense Authorization Act.
2. The Defense Authorization Act is a bill that determines the budget and expenditures for the US defense sector.
3. The total amount allocated for the Defense Authorization Act is $768 billion.
4. The defense spending proposed by the Biden administration was exceeded by $25 billion in this Act.
5. The Act represents a 5% increase in the US defense budget when compared to the previous year.
6. This increase in the defense budget indicates a commitment to strengthening the country's defense capabilities.
7. The Act was passed overwhelmingly, indicating strong support from the Senate.
8. The Defense Authorization Act is an essential piece of legislation that ensures the funding and resources necessary for the US military to carry out its operations effectively.
9. The Act covers various aspects of defense spending, including military personnel, equipment, research and development, and strategic initiatives.
10. By passing the Defense Authorization Act, the US Senate has demonstrated its commitment to national security and defense preparedness.
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Modern Company has four divisions. The budgeted revenues and expenses for each division for 2021 follows:
Division
A
B
C
D
Sales
$504,000
$948,000
$960,000
$1,240,000
Cost of goods sold
440,000
930,000
765,000
925,000
Selling & admin costs
96,000
202,500
144,000
210,000
Operating income (loss)
$(32,000)
$(184,500)
$51,000
$105,000
Further analysis of costs reveals the following percentages of variable costs in each division:
A
B
C
D
Cost of goods sold
90%
80%
90%
85%
Selling & admin costs
50%
50%
60%
60%
Closing down any division would result in a savings of 40% of the fixed costs of that division.
Required:
1. Calculate the increase or decrease in operating income if Modern Company closes division B using the below table:
Item
2. What factors should the top management of Modern Company consider before making a decision.
Answer:
b..................................................... ...............
Explanation:
.........................
how skill based training can assist you in with future unemployment commtunity service
Skill-based training can be incredibly helpful in preparing you for future unemployment community service by equipping you with the tools and abilities necessary to succeed in the job market.
How can skill - based training be beneficial ?Skill-based training can provide you with the specific skills and knowledge required for your desired job or industry. By gaining these skills, you will be more marketable and valuable to potential employers.
Skill-based training can help you become more flexible and adaptable in the face of changing job requirements or industries. You may be able to take on new tasks or roles more easily and be better equipped to pivot your career path.
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Topic. The desire for people to attend meeting in my
organisation has gone down. As a newly employed
Secretary, explain three reasons why people dislike
meetings and discuss five factors that can make
For effective meetings
What are the determinants of cultures that you want to cultivate from early of the business?
The determinants of culture that you would want to cultivate early in business are:
There are several key determinants of culture that businesses may want to cultivate from the early stages of the business:
Values: Establishing a clear set of core values is important for creating a strong organizational culture. Values such as integrity, accountability, and respect can help guide decision-making and behavior within the company.
Leadership: The leadership style and behavior of the company's leaders can have a significant impact on the culture of the organization. Strong leaders who lead by example and promote a positive, inclusive culture can help to foster a culture of excellence and teamwork.
Communication: Clear, open, and transparent communication is essential for building a positive culture. Regular communication and feedback channels can help to ensure that all employees feel heard and valued.
Employee engagement: Encouraging employee engagement and participation in the culture-building process can help to ensure that the culture is embraced by all employees.
Inclusion and diversity: Promoting an inclusive and diverse culture is vital for building a strong, productive, and innovative organization. This includes recognizing, respecting and valuing the differences in perspectives, backgrounds, and experiences of all employees.
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