How did Stone Creative's business concerns affect it's organizational politics? What were the sources of conflict?

Answers

Answer 1

Business concerns impact organizational politics, creating conflicts in resource allocation, strategic direction, performance evaluation, organizational change, and decision-making.

1. Resource allocation: Business concerns such as financial constraints or competition for limited resources can lead to conflicts within the organization. Departments or individuals may compete for budgets, staffing, or other resources, creating power struggles and political dynamics.

2. Strategic direction: If there are differing opinions or conflicts regarding the company's strategic direction, it can give rise to organizational politics. Different stakeholders may advocate for their preferred strategies, leading to internal conflicts and power dynamics as they try to influence decision-making.

3. Performance evaluation and rewards: Business concerns related to performance evaluation and rewards can contribute to organizational politics. When there are limited opportunities for promotions, bonuses, or recognition, employees and managers may engage in political behaviors to enhance their chances of success or secure better rewards.

4. Organizational change: Business concerns often trigger organizational changes, such as restructuring, downsizing, or new initiatives. These changes can create uncertainty, resistance, and conflicts among employees and departments as they jockey for influence, protect their interests, or adapt to new roles and responsibilities.

5. Leadership and decision-making: Business concerns may affect the perception of leadership and decision-making processes. If employees feel that decisions are made without transparency, fairness, or consideration for their concerns, it can lead to mistrust, dissent, and political maneuvering within the organization.

It's important to note that the specific impact on organizational politics and sources of conflict can vary depending on the unique circumstances and dynamics of the organization. To analyze the effect of Stone Creative's business concerns on its organizational politics and identify the sources of conflict, it would be necessary to have more specific information about the company's situation.

Learn more about organizational politics here:

https://brainly.com/question/9643636

#SPJ11


Related Questions

what is the formula to calculate consumer surplus?

Answers

Consumer surplus is the difference between the total value that consumers place on a good or service and the price they actually pay for it.

The formula to calculate consumer surplus is:

Consumer Surplus = Total Value to Consumers - Total Amount Paid by Consumers.

where "Total Value to Consumer" is the total amount that consumer is willing to pay for a product or service, and "Total Amount Paid by Consumer" is the actual amount that they pay for it.

thus, consumer surplus is the difference between the total value that consumer place on a good or service and the price they actually pay for it. It represents the profit that consumers receive from being able to purchase a product or service at a lower price than they were willing to pay.

Learn more about consumer surplus:

https://brainly.com/question/30622657

#SPJ4

HELPP on question 10

HELPP on question 10

Answers

Answer:

land?

Explanation:

Answer:

Land

Explanation:

describe how expectation of changes in supply can affect the supply of a product

Answers

Expectations sellers have for a good's future price, which is taken for granted when constructing a supply curve. If sellers anticipate a higher price, supply will decline. If sellers anticipate a lower price, supply will rise.

How expectations can affect demand?

Buyer expectations are one factor that shifts demand. Buyers who postpone purchasing an item today in the hopes that the price will drop in the future reduce the current demand for that item. On the other hand, if a customer anticipates that the price will rise in the future, there will be a greater demand for the product right now.

To know more about expectation in supply visit:

https://brainly.com/question/26659664

#SPJ9

the gift of the magi questions

Answers

The Magi's Present Important Issues:

What more money had Della saved for Jim's present?

What is Jim's full name in the story "The Gift of the Magi"?

What does money mean to you?

Money is a centralized medium of exchange that is generally recognized, recognized, and facilitates the exchange of goods and services. In an economy, money serves as a medium of return for various services and goods. The money system differs between governments and countries.

What is the significance of money in life?

Money enables us to satisfy our most basic needs, such as purchasing shelter and food and paying for healthcare.

To know more about Money visit:

https://brainly.com/question/22984856

#SPJ4

When you type in sustainable travel, the website for g adventures appears first in the list. This is an example of.

Answers

When you type in sustainable travel, the website for g adventures appears first in the list. This is an example of search engine optimization.

What is search engine optimization?

To increase a website's visibility when users search for goods or services, a technique called search engine optimization is used which helps in boosting the credibility of information.

Search engines frequently view websites that perform well on search engine results pages as being of high caliber and reliability and help websites to improve in search by adding a relevant keyword.

Learn more about search engine optimization, here:

https://brainly.com/question/28355963

#SPJ1

How does marketing help your product or service

Answers

Answer:

Marketing informs your customers about the products or services you're offering them. Through marketing, the customers get to know about the value of the products, their usage and additional info that might be helpful to the customers. It creates brand awareness and makes the business stand out.

Explanation:


The end goal of budgeting is to plan and ____ organizational finances successfully?

A. justify
B. control
C.explain
D.increase

Answers

Answer:

B

Explanation:

Controlling is another organizational goal

Kerr Company's account balances at December 31 for Accounts Receivable and Allowance for Doubtful Accounts were $2,100,000 and $20,000 (Cr.), respectively. An aging of accounts receivable indicated that $170,000 are expected to become uncollectible. The amount of the adjusting entry for bad debts at December 31 is

Answers

Answer:

$150,000

Explanation:

Calculation to determine what The amount of the adjusting entry for bad debts at December 31 is

Using this formula

Bad debts=Accounts receivable-Allowance for Doubtful Accounts

Let plug in the formula

Bad debts=$170,000-$20,000

Bad debts=$150,000

Therefore The amount of the adjusting entry for bad debts at December 31 is $150,000

Correct verbal communication during an interview includes _____.
a.
a pleasant tone of voice
b.
positive vocabulary
c.
correct grammar and word choices
d.
all of the above

Answers

Answer: All of the above

Explanation: During an interview, it is important to take into account a series of elements such as: having a pleasant tone of voice, a positive vocabulary, and a good command of grammar. The characteristics mentioned above allow communication to take place in an adequate way, allowing the interviewee to understand what is being asked of him and respond appropriately.

Answer:

all of the above

Explanation:

What has the meat-packing industry done about the health concerns and unsanitary conditions associated with their products?.

Answers

The meat-packing industry done about the health concerns and unsanitary conditions associated with their products because denied any wrongdoing and tried to blame the motives of their critics.

Meat from animals including cattle, pigs, sheep, and other livestock is killed, processed, packaged, and distributed by the meat-packing business. In the sawdust and mud, where the employees had walked and spat untold billions of consumption germs, there would be meat that had spilled out and been exposed to the elements.

The majority of the employees in the business were immigrants, who were subjected to poor pay, long hours, cruel treatment, and occasionally even fatal exploitation. Equally disrespectful to the public's health were meatpacking firms. The famous 1906 book The Jungle by Upton Sinclair startled readers by exposing the actual conditions in meatpacking facilities.

To know more about Meat-Packing Industry here

https://brainly.com/question/9674295

#SPJ4

On april 1, the company retained an attorney for a flat monthly fee of $3,500. Payment for april legal services was made by the company on may 12. Prepare the required adjusting entry, if any

Answers

Answer:

On April 30,

Dr Attorney Fee Expense $3500

Cr Attorney Fee  Payables       $3500

On May 12,

Dr Attorney Fee  Payables $3500

Cr Cash Account                        $3500

Explanation:

Okay here the attorney fee is the legal fee expense that was accrued in April and must accounted for as accrued expense. The accounting entry would be increase in payables (Credit) and expense (Debit) as well.

Dr Attorney Fee Expense $3500

Cr Attorney Fee  Payables       $3500

Now on May 12, the company paid the expense which means that the legal fee payable was reduced to zero (Reduction in liabilities is always debited) and the cash is also reduced by $3500 (Asset reduction is always credited).

Dr Attorney Fee  Payables $3500

Cr Cash Account                        $3500

You are a marketing research consultant hired to organize focus groups for an innovative german-style fast food restaurant. What kind of people would you elect to participate in focus groups? What screening criteria would you use? What questions would you ask?

Answers

Explanation:

A focus group can be defined as a qualitative marketing research method where some people with common characteristics are brought together in a group who are guided by a trainer to promote discussions on a particular topic of interest and gather information to assist in decision making.

To organize focus groups for an innovative German-style fast food restaurant, you could separate 3 groups, the first being ages 18 to 30, the second 30-45 and the third group 45 and above.

The screening criteria could be, sources of income, profession, sex, taste for food, hobbies, etc.

The questions to ask could be related to the number of times a week people eat fast food, what is your favorite German food, how much are you willing to pay for the options offered in the restaurant, what elements do you consider most attractive in a restaurant ,etc.

Medeco sold goods for $100 to a charge customer. The customer returned for credit $25 worth of goods. Terms of the sale were 1/10,n/30. If the customer pays the amount owed within the discount period, what is the amount the customer should pay?

Answers

Answer: $74.25

Explanation:

Sale price of goods = $100

Worth of returned goods = $25

Term of sale = 1/10, n/30

Price if customer pays within the discount period equals :

Term of sale: 1% discount on price if the amount owed is paid within 10 days, else full amount is due in 30 days.

Actual price of goods purchased :

Goods purchased - worth of return

$100 - $25 = $75

Discount on price = 1% of $75

(1/ 100) × $75

0.01 × $75 = $0.75

Amount customer should pay:

$75 - $0.75 = $74.25

when and under which Act citizen investment trust was established ?

Answers

18th March, 1991

Citizen Investment Trust (Nagarik Lagani Kosh), a statutory institute under Citizen Investment Trust Act, 2047, has ownership of Nepal Government as a public financial organization. It was established on 18th March, 1991(4th Chaitra, 2047B. S) as an autonomous body.

Answer:

18th March, 1991

Explanation:

Hope this helps~! :)

5. If you wanted to show how many employees at your office ride a bicycle to work in comparison to the number of employees who drive a car, take public transportation, or walk, what visual would be best? (1 point)

Answers

Answer:

a bar graph

Explanation:

A bar graph may be defined as a visual representation of the categorical data or information which is represented by rectangular shape bars with their lengths or height proportional to the values they represent. A bar graph is also known as bar charts.

The rectangular bars can be plotted either vertically or horizontally.

In the context, a bar graph or a bar chart would be the best option to represent the number of employees who ride a bicycle and come to office and compare them to the number of employees who takes a public vehicle, drives a car or even come to office by walking.

Which of the following is true of a payoff matrix? It is the representation of only the best response of each player. It takes into account all relevant costs and benefits associated with each action of the players. It does not represent all the costs and benefits associated with the choices of the players. It shows the payment made to each factor of production for the production of a good

Answers

The correct option is: "It takes into account all relevant costs and benefits associated with each action of the players."

A payoff matrix is a tool used in game theory to represent the potential outcomes and payoffs associated with different strategies or actions taken by players in a game or decision-making scenario. It displays the potential rewards, benefits, or costs that each player can receive based on their choices and the choices of other players.

The payoff matrix considers all relevant costs and benefits associated with each action taken by the players. It provides a comprehensive overview of the potential outcomes and their associated payoffs, allowing players to analyze and determine the optimal strategy based on their objectives.

While it represents the costs and benefits of different actions, it does not specifically show the payment made to each factor of production for the production of a good. That falls within the realm of cost accounting or production economics, which is different from the concept of a payoff matrix in game theory.

To learn more about payoff matrix, visit here

https://brainly.com/question/29577252

#SPJ4

Which of the following is true of a payoff matrix?

It is the representation of only the best response of each player.

It takes into account all relevant costs and benefits associated with each action of the players.

It does not represent all the costs and benefits associated with the choices of the players.

It shows the payment made to each factor of production for the production of a good

haley is helping to choose members for a customer satisfaction team which of the following employees demonstrate skill in focusing on the team's purpose?

Answers

Answer: Jesse constantly looks for better ways to solve problems for customers

Explanation:

Customer satisfaction refers to the measurement which deals with the happiness and satisfaction of customers with the product and service of a company.

Since Haley is helping to choose members for a customer satisfaction team, then the employee who can help the team focus on the its purpose is Jesse who constantly looks for better ways to solve problems for customers.

what is the name of the set of forms that a company must complete each year to remain in good standing with the payment card industry (pci) security standards?

Answers

The set of forms that a company must complete each year to remain in good standing with the Payment Card Industry (PCI) Security Standards is called the Self-Assessment Questionnaire (SAQ). SAQ is a standardized set of forms that businesses that accept credit and debit card payments must fill

This questionnaire is designed to assess a company's compliance with the PCI Data Security Standard (PCI DSS). The PCI DSS is a set of security standards created by the major credit card brands to ensure that businesses that process and store cardholder data do so in a secure manner.

The SAQ helps businesses identify any gaps in their security controls and implement appropriate measures to protect cardholder data. There are several types of SAQs available, and the type of questionnaire that a business must complete depends on the size and complexity of their payment card processing operations.

For instance, a small business that accepts card payments over the internet may be required to complete a different SAQ than a large retailer that accepts card payments in-store and online.

Know more about debit card here:

https://brainly.com/question/27934503

#SPJ11

Think of a team you have been a part of, for example, in sports or for a class project. Write a paragraph on how you went about performing the tasks. Did everyone have his or her own tasks to do? How did everyone interact? Did you face any problems while working together? Why do you think that was? Do you think that your group functioned well overall?

Answers

A team that I was a part of was a group project in school.

We went about performing the task as we gave each person a role to play in order to accomplish the task.

Yes. Everyone had a task.

Everyone interacted as they shared idea about their roles.

I didn't face any problem while working with them as they were all cooperative.

Yes. My group performed well overall.

What is a team?

A team is a group of people who work together to achieve a common goal. An effective teamwork environment creates an enabling work environment, allowing team members to become more effective and efficient.

The goal of a team is to figure out how a unique group of people can use their skills to achieve a goal at a specific time. A clear team purpose can help motivate people to take action. Knowing the purpose of a team can help you create awareness and inclusion.

As a result, teamwork processes have a moderately positive effect on team performance and a strong positive effect on team commitment.

Learn more about team on:

brainly.com/question/27334063

#SPJ1

A manufacturing department uses the Kanban system for production planning and control. The average daily demand is about 1,000 units and containers typically wait 0.4 days in the manufacturing department. Each container holds 200 items and one container requires 2.6 days of machine time (setups are negligible). If the safety premium is set to 5%, how many containers should be used in the Kanban system?

Answers

To determine the number of containers needed in the Kanban system, we need to consider the average daily demand, lead time, and safety premium. Here's how we can calculate it:

Step 1: Calculate the total demand during the lead time:

Total demand = Average daily demand x Lead time

Total demand = 1,000 units/day x 0.4 days

Total demand = 400 units

Step 2: Calculate the total machine time required during the lead time:

Total machine time = Machine time per container x Number of containers

Total machine time = 2.6 days/container x Number of containers

Step 3: Add the safety premium:

Total machine time with safety premium = Total machine time + (Safety premium x Total machine time)

Total machine time with safety premium = Total machine time + (0.05 x Total machine time)

Total machine time with safety premium = Total machine time x 1.05

Since each container requires 2.6 days of machine time, we can substitute it into the equation:

Total machine time x 1.05 = 2.6 days/container x Number of containers

Step 4: Solve for the number of containers:

Number of containers = (Total demand) / (Total machine time x 1.05)

Number of containers = 400 units / (2.6 days/container x 1.05)

By performing the calculation, we find:

Number of containers ≈ 147.23

Since the number of containers must be a whole number, we round it up to the nearest whole number. Therefore, the recommended number of containers to be used in the Kanban system would be 148 containers.

To know more about average daily demand click this link -

brainly.com/question/32201347

#SPJ11

When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

learn more about managers here

https://brainly.com/question/32150882

#SPJ11

1. Your friend asks to borrow $50 and offers to pay you back with interest. What factors
would you consider in your decision to accept or decline their request?

Answers

The factors that you have to think about would before giving out the loan would be the following:

The loan periodThe ability to pay back the loanThe interest that is on the loanHow the money is to be returned.

What is a loan?

This is the term that is used to refer to an amount of money that would be given to a person that is the borrower by the lender for a period pf time and for them to pay back with interest.

To be able to determine if you are to give out a loan, you have to take the ability of the person to pay you back the amount as a fator.

Also you have to check the character of the person that you are to loan the money to.

Read more on loans here: https://brainly.com/question/26913200

#SPJ1

Gandolfi Construction Co. purchased a CAT 336DL earth mover at a cost of $1,000,000 in January 2019. The company's estimated useful life of this heavy equipment is 8 years, and the estimated salvage value is $200,000.
Assume that Gandolfi Construction Co. calculated depreciation expense for the CAT 336DL earth mover on the straight-line method and reported $960,000 of net income for the year ended December 31, 2019. The company's average total assets for 2019 were $8,000,000.
Required:
Calculate Gandolfi's ROI for the year ended December 31, 2019

Answers

Gandolfi Construction Co.'s ROI for the year ended December 31, 2019, is 12%.

Explanation:

Step 1: Calculate the depreciation expense for the CAT 336DL earth mover.

The depreciable cost of the equipment is the purchase cost minus the salvage value: $1,000,000 - $200,000 = $800,000.

The annual depreciation expense is the depreciable cost divided by the useful life: $800,000 / 8 years = $100,000.

Step 2: Calculate the average total assets.

The average total assets for 2019 were $8,000,000.

Step 3: Calculate the ROI.

Return on Investment (ROI) is calculated by dividing the net income by the average total assets and expressing it as a percentage.

ROI = (Net Income / Average Total Assets) x 100

Substituting the given values: ROI = ($960,000 / $8,000,000) x 100 = 12%.

Therefore, Gandolfi Construction Co. achieved a return on investment (ROI) of 12% for the year ended December 31, 2019.

Know more about the return on investment click here:

https://brainly.com/question/28622693

#SPJ11

Who most likely actually pays the tax on rental property?

Who most likely actually pays the tax on rental property?

Answers

landlord jk

Explanation:

It is definitely the landlord .

what is the opportunity cost of producing one gallon of milk in tahiti?

Answers

The opportunity cost of producing one gallon of milk according to the production possibilities frontiers in Tahiti is 5/6 of a gallon of honey. (Option C)

To find the opportunity cost of producing one gallon of milk in Tahiti, we need to look at the production possibilities frontier for Tahiti. The production possibilities frontier shows the maximum amount of two goods that can be produced given the resources and technology available.

On the production possibilities frontier for Tahiti, we can see that when Tahiti produces 6 gallons of milk, it can produce 0 gallons of honey. When Tahiti produces 0 gallons of milk, it can produce 5 gallons of honey. This means that the opportunity cost of producing one gallon of milk in Tahiti is the amount of honey that must be given up in order to produce one more gallon of milk.

To calculate the opportunity cost, we can use the formula: Opportunity cost = (Change in quantity of honey) / (Change in quantity of milk) Opportunity cost = (5 - 0) / (0 - 6) Opportunity cost = 5 / (-6) Opportunity cost = -5/6 Since opportunity cost is always positive, we can take the absolute value of -5/6 to get 5/6. Therefore, the opportunity cost of producing one gallon of milk in Tahiti is 5/6 of a gallon of honey.

Note: The question is incomplete. The complete question probably is: Figure shows the production possibilities frontiers for Tahiti and Bora Bora. Each country produces two goods, milk and honey. What is the opportunity cost of producing one gallon of milk in Tahiti? A) 1.5 gallons of honey B) 1/2 of a gallon of honey C) 5/6 of a gallon of honey D) 1.2 gallons of honey.

Learn more about Opportunity cost:

https://brainly.com/question/1549591

#SPJ11

The total annual cost is: D c- = (H) + 3(S) + (H)(Safety stock), S -H where D is demand in units per year, Q is the lot size (using the EOQ), H is the holding cost per unit per year, and S is the cost

Answers

The total annual cost can be calculated using the following factors: demand in units per year, holding cost per unit per year, safety stock, and cost. The formula includes the EOQ (economic order quantity) and the lot size, which is calculated using the EOQ.

To calculate the total annual cost, we can use the following formula:
D c- = (H) + 3(S) + (H)(Safety stock), S -H
where:
D = demand in units per year
H = holding cost per unit per year
S = cost
Safety stock = (Q - D) / 2
By substituting the values of the variables, we can calculate the total annual cost.

For example, let's assume that the demand in units per year is 1,000, the holding cost per unit per year is $2, the cost is $10, and the EOQ is 200. Then the safety stock can be calculated as follows:

Safety stock = (200 - 1,000) / 2
Safety stock = -400 / 2
Safety stock = -200

Since the safety stock cannot be negative, we can assume that there is no safety stock in this scenario.

Therefore, the total annual cost can be calculated as follows:

D c- = (H) + 3(S) + (H)(Safety stock), S -H
D c- = (2) + 3(10) + (2)(0), 10 - 2
D c- = 2 + 30 + 0, 8
D c- = 32

Therefore, the total annual cost is $32 in this scenario.

To know more about demand:

https://brainly.com/question/1245771

#SPJ11

Read the first four paragraphs (1-4) of the above comprehension passage and write a summary.
Your summary should be one-third (1/3) of the original text.
Our current educational system focuses on preparing today’s youth to get good jobs by developing scholastic skills. Their lives will revolve around their wages. Many will study further to become engineers, scientists, cooks, police officers, artists, writers, and so on. These professional skills allow them to enter the workforce and work for money. But there is a big difference between your profession and your business. Often, I ask people, "What is your business?" And they will say, "Oh, I’m a banker." Then I ask them if they own the bank. And they usually respond, "No, I work there." In that instance, they have confused their profession with their business. Their profession may be a banker, but they still need their own business.
2. A problem with school is that you often become what you study. So, if you study cooking, you become a chef. If you study the law, you become an attorney, and a study of auto mechanics makes you a mechanic. a. The mistake in becoming what you study is that too many people forget to mind their own business. They spend their lives minding someone else’s business and making that person rich. To become financially secure, a person needs to mind their own business. Your business revolves around your asset column, not your income column. The number-one rule is to know the difference between an asset and a liability, and to buy assets. The rich focus on their asset columns, while everyone else focuses on their income statements.
3. That is why we hear so often: "I need a raise." "If only I had a promotion." "I am going back to school to get more training so I can get a better job." "I am going to work overtime." "Maybe I can get a second job." The primary reason the majority of the poor and middle class are fiscally conservative—which means, "I can’t afford to take risks"— is that they have no financial foundation. b. They have to cling to their jobs and play it safe. When downsizing became the "in" thing to do, millions of workers found out their largest so-called asset, their home, was eating them alive. Their "asset" was costing them money every month. Their car, another "asset," was eating them alive. The golf clubs in the garage that cost $1,000 were not worth $1,000 anymore. Without job security, they had nothing to fall back on. What they thought were assets could not help them survive in a time of financial crisis.
4. I assume most of us have filled out a credit application to buy a house or a car. It’s always interesting to look at the "net-worth" section because of what accepted banking and accounting practices allow a person to count as assets. One day when I wanted a loan, my financial position did not look too good. So, I added my new golf clubs, my art collection, books, electronics, Armani suits, wristwatches, shoes, and other personal belongings to boost the number in the asset column. But I was turned down from getting the loan because I had too much investment in renting houses. The loan committee didn’t like that I made so much money from rent. They wanted to know why I did not have a normal job with a salary. They did not question the Armani suits, golf clubs, or art collection. Life is sometimes tough when you do not fit the standard profile.

Answers

The current educational system focuses on preparing youth for jobs, but it's important to differentiate between a profession and a business .

people become what they study and spend their lives working for someone else, neglecting their own business.

Financial security lies in building assets, not just relying on income. The poor and middle class struggle due to lack of financial foundation, often clinging to jobs for security. Possessions like homes and cars can become liabilities rather than assets. Traditional net-worth calculations may not account for unconventional sources of wealth, leading to difficulties in obtaining loans.

The first four paragraphs highlight the distinction between a profession and a business. While the educational system aims to equip individuals with scholastic skills for good jobs, it's crucial to understand that a profession alone might not guarantee financial independence. Many people mistakenly confuse their profession, such as being a banker, with owning a business. Financial security comes from minding one's own business and focusing on building assets rather than solely relying on income.

The second paragraph emphasizes that becoming what one studies can lead to a narrow focus on someone else's business, which often enriches others rather than oneself. To achieve financial stability, individuals need to pay attention to their own asset column. Differentiating between assets and liabilities becomes crucial. The wealthy prioritize growing their asset columns, while those who concentrate solely on their income statements struggle to achieve financial success.

The third paragraph delves into the reasons why the poor and middle class tend to be fiscally conservative and risk-averse. Lacking a strong financial foundation, they become dependent on their jobs for stability and are reluctant to take risks. Economic downturns expose the vulnerability of their so-called assets, such as homes and cars, which turn out to be burdens rather than sources of financial security.

The fourth paragraph illustrates a personal experience related to net-worth calculations and loan applications. It highlights the disparity between accepted accounting practices and unconventional wealth sources. While personal belongings like art collections, golf clubs, and expensive suits were not questioned, the committee focused on the applicant's rental property investments instead of a traditional job with a salary. This experience serves as an example of the challenges faced when deviating from the standard profile.

Overall, the passage emphasizes the importance of minding one's own business, building assets, and understanding the difference between assets and liabilities. It sheds light on the struggles faced by those without a solid financial foundation and challenges traditional notions of wealth evaluation.

Learn more about business here:

https://brainly.com/question/15826604

#SPJ11

Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry? A. monopolistic competition B. perfect competition C. monopoly D. oligopoly

Answers

Answer: the answer to your question is D) oligopoly

Explanation:

Answer:

it's D. oligopoly

Explanation:

Oligopoly is a market structure where only a few large firms control a major share of the market.

I posted a question asking to identify Wells Fargo's business model. The response that I received was that it is a franchise model. I was surprised by that response as it does not seem to apply. Therefore, I'm looking for an explanation about how it fits. Could someone please explain how Wells Fargo bank is a franchise model? Typically, franchises are business licensed to use the name like restaurants: McDonald's, Burger King, etc. Wells Fargo does not have opportunities to purchase and operate a branch of the bank so I'm curious to know how the franchise model applies.
If you disagree with the franchise business model assessment, can you tell me what business model Wells Fargo is currently using?

Answers

I apologize for the incorrect response. Wells Fargo is not a franchise model, and I apologize for the confusion caused. Wells Fargo is a multinational financial services company that operates primarily as a diversified banking institution.

The business model of Wells Fargo is best described as a traditional banking model or a universal banking model. It provides a wide range of financial services, including retail banking, commercial banking, investment banking, wealth management, and insurance. Wells Fargo operates through a network of branches, ATMs, and digital platforms, serving individual consumers, small businesses, corporations, and institutional clients.

The key elements of Wells Fargo's business model include:

Retail Banking: Wells Fargo offers a variety of financial products and services to individual customers, such as checking and savings accounts, mortgages, personal loans, credit cards, and investment services.

Commercial Banking: Wells Fargo provides banking services to small businesses, middle-market companies, and large corporations. These services include lending, cash management, merchant services, and other customized financial solutions.

Investment Banking: Wells Fargo offers investment banking services, including capital raising, mergers and acquisitions, corporate finance, and advisory services to institutional clients and corporations.

Wealth Management: The company provides wealth management services to high-net-worth individuals and families, offering investment management, trust services, estate planning, and private banking solutions.

Risk Management: Wells Fargo places a strong emphasis on risk management and compliance to ensure the integrity and stability of its operations. This includes robust internal controls, risk assessment processes, and regulatory compliance measures.

While Wells Fargo may not operate under a franchise model, it does have a wide-reaching network of branches and operates as a unified banking entity.

To know more about  Fargo's business
Visit https://brainly.com/question/33188202
#SPJ11

Could anyone who is good at business course help me on this question, please? :))

Identify three ways in which a study might be classified as bad research. ​

Answers

Answer:

The three ways in which a study might be classified as bad research is described below in detail.

Explanation:

Lack of Research: When a study does not satisfy the research process conditions, it is not recognized to be a legitimate one.No Evidence: When researchers displease to present compelling testimony of their conclusions then, such work is not be trusted and the research becomes unreasonable. Biased opinions: A study, which serves all the method, contributes proof but is biased in one approach or the other, then such research is also classified as void.

Other Questions
Identify the coordinates for point C Type your answer in the form (#.#), without spaces. a rectangle has a perimeter of 36 feet. The length of the mat is twice the width. Write and solve an equation to determine the length, in feet, of the mat.Then find the area, in square feet, of the mat. find the slope of the line that gores through the given points (5,1) and (2/3, -5) 2A sprinter has a force exerted on him of 68N as he accelerates at 8 m/s2.What is the mass of the sprinter? 1/2(7x- 6) = 6x 10. Why was Once Upon A Zombie Cancelled Should cameron have licensed mctaggart or continued to export? was mctaggart a good choice for licensee? was the royalty rate reasonable? what about the alternatives to licensing? 14)Which of these scenarios would produce the largest moment (torque)about the lower back? A) holding a 10 kg mass 0.5 meters from thelower back B) holding a 10 kg mass 1 meter from the lower back If Mexico can produce the same quantity of tomatoes that the United States can, but Mexico uses fewer resources than the United States to do so, we conclude: The length and height of room & 6m and 3m and its volume is 90m cube then find the breadth and cost of carpenting the floor the rate of Rs. 12 per square meter. 3/4x + 2x - 3= -1/4 + 21 A vaccine marketed by a drug company has a known and constant demand of 1,200 units per year (or 100 units per month). The production cost is $720 per unit, the fixed setup cost is $2,400 per batch of production, and the holding cost per unit per year is $144. Lead-time for production is half a month. What is the optimal quantity per batch to produce? Choose the closest number if needed. 350 186 240 825 200 Now assume that the company's demand averages 100 units per month but is no longer constant. The monthly demand is normally distributed with mean 100. The company has been using a reorder point that provides a service level of 90%. Suppose management wants to provide a better service level and is thinking of doubling the amount of safety stock. What would be the service level if the safety stock is doubled? 98.1% 99.5% 92.8% 99.9% 95.5% Predict the product, write the balanced chemical reaction, include states of matter, Aluminum hydroxide --> How many 38 degrees c to f? To use a ______ good without paying is typically legal. To use a ______ good without paying is typically illegal. Barbara runs once around the track in 3 minutes 45 seconds. Liad runs around the track in 2minutes 30 seconds. At these rates, after 10 minutes of running, the distance Barbara has run iswhat fractional part of Liad's? Find the surface area of8 m14 m18 m Which of these is the smallest number? Phosphorus that is stored in organismsA. never recycles.B. recycles slowly.C. recycles quickly. What do you think about stories