One of Tony Hsieh’s most important roles now is to act as a cultural leader for Zappos. Using your knowledge of cultural leaders, which of the following would be the best ways for Hsieh to guide the culture at Zappos in light of the switch to Holacracy?

Answers

Answer 1
Answer:

Answer:

A and B

A. Acknowledge that Holacracy will be an experiment in that Zappos may move back to the traditional hierarchy

B. Communicate directly to employees about the changes and expectations.

Explanation:

The question is not complete, please refer the complete question below

One of Tony Hsieh's most important roles now is to act as a cultural leader for Zappos. Which of the following would be the best ways for Hsieh to guide the culture at Zappos in light of the switch to Holacracy?

A. Acknowledge that Holacracy will be an experiment in that Zappos may move back to the traditional hierarchy

B. Communicate directly to employees about the changes and expectations.

C. Relinquish his title as CEO in response to the change to a boss-less organization.

D. Listen to employees concerns and be willing to change some aspects of Holacracy.


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Task 1: Careers and Educational Requirements Perform online research and choose a career in the financial services industry. Determine the education you will need to prepare for this career. Task 2: Certification Requirements
For your chosen career, identify the certification or licensing required. Develop a strategy to prepare for certification.

Task 3: Information Technology and Interpersonal Skills
For your chosen career, describe the skills you will need to learn and develop.

Answers

For Task 1, I have chosen the career of a financial analyst in the financial services industry. To prepare for this career, a Bachelor's degree in Finance, Accounting, Economics, or a related field is required.

For Task 2, becoming a Certified Financial Analyst (CFA) is highly valued in this career. The CFA program consists of three levels of exams that cover topics such as economics, financial reporting and analysis, ethics, and investment tools.

For Task 3, both information technology and interpersonal skills are important in this career. Financial analysts must have strong analytical skills and be proficient in using financial modeling software and spreadsheet applications.

Task 1-  Many employers also prefer candidates with a Master's degree in one of these fields. Additionally, courses in statistics, mathematics, and computer science can be beneficial in this career.  Task 2- To prepare for this certification, one should enroll in a CFA program review course, study the material thoroughly, and take practice exams to prepare for the rigorous testing process.

Task 3- They also need to have excellent communication and interpersonal skills to be able to work effectively with clients and team members. Additionally, they must be able to present complex financial information in a clear and understandable manner. Developing and honing these skills can be achieved through a combination of on-the-job experience, training, and continuing education courses.

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SCHMIDT MACHINERY COMPANY Standard Cost Sheet
Product: XV-1
Descriptions Quantity Cost Rate Subtotal Total
Direct materials
Aluminum 4 pounds $25/pound $100
PVC 1 pound 40/pound 40
Direct labor 5 hours 40/hour 200
Variable factory overhead 5 hours 12/hour 60
Total variable manufacturing cost $400
Fixed factory overhead 5 hours 24/hour 120 120
Standard manufacturing cost per unit $520
Standard variable selling and administrative cost per unit I pound 50
* Budgeted fixed factory overhead cost = $120,000
Assume that Schmidt Machinery Company had the standard costs reflected in Exhibit 14.5. In a given month, the company used 3,470 pounds of aluminum to manufacture 935 units. The company paid $28.90 per pound during the month to purchase aluminum. At the beginning of the month, the company had 54 pounds of aluminum on hand. At the end of the month, the company had only 34 pounds of aluminum in its warehouse. Schmidt used 4,400 direct labor hours during the month, at an average cost of $41.90 per hour.
Required:
Compute for the month the following variances:
1. The purchase-price variance for aluminum. Indicate whether this variance is favorable (F) or unfavorable (U).
2. The usage variance for aluminum. Indicate whether this variance is favorable (F) or unfavorable (U).
3. The direct labor rate variance. Indicate whether this variance is favorable (F) or unfavorable (U).
4. The direct labor efficiency variance. Indicate whether this variance is favorable (F) or unfavorable (U).

Answers

Answer:

See below

Explanation:

1. Purchase price variance

Standard price per pound = $25

Actual price per pound = $28.9

Quantity of aluminium purchased = Closing inventory + Quantity used - Opening inventory

= 34 + 3,470 - 54

= 3,450 pounds

Purchase price variance = (Standard price - Actual price) × Quantity purchased

= ($25 - $28.9) × 3,450

= -$3.9 × 3,450

= $13,455 (U)

2. Usage variance

Standard quantity of Aluminium for actual production

= 935 units × 4 pounds each

= 3,740 pounds

Usage variance = (Standard quantity of material used - Actual quantity used) × Standard price per unit

= (3,740 - 3,470) × $25

= 270 × $25

= $6,750 (F)

3. Direct labor rate variance

= (Standard rate per hour - Actual rate per hour)

× Actual hours for production

= ($40 - $41.9) × 4,400

= -$1.9 × 4,400

= $8,360 (U)

4. Efficiency variance

Standard hours for actual production

= 935 units × 5 per hour

=4,675 hours

Labor efficiency variance = (Standard hours for actual production - Actual hours for actual production) × Standard rate per hour

= (4,675 - 4,400) × $40

= 275 × $40

= $11,000 (F)

Changing an employee's hourly wage rate would be recorded where? a. employee update file b. special journal c. employee transaction file d. employee master file

Answers

Answer:

(D). Employee master file.

Explanation:

An employee master file is a file kept by an organization that contains data, records and information on the employee.

Information such as; employee's name, address, date of birth, date of hire, sales record, salary to be received, and other payment details are contained in the master file.

If an employee's hourly wage rate is changed, it will be recorded in the employee's master file.

Stark Company's most recent balance sheet reported total assets of $1.82 million, total liabilities of $0.84 million, and total equity of $0.98 million. Its Debt to equity ratio is:

Answers

Answer:

Debt to Equity Ratio = 0.86

Explanation:

Debt to Equity Ratio = Total Liabilities / Stockholder's Equity

Total Liabilities = $0.84 million

Stockholder's Equity = $0.98 million

Debt to Equity Ratio = $0.84 million / $0.98 million

Debt to Equity Ratio = 0.857143

Debt to Equity Ratio = 0.86

What is one of the main reasons why the need for effective communication on teams has been growing so much in the last few decades?

Answers

Different insights and opinions in a collaborative setting can open up new better methods

One element in preparing a financial plan for a client is to determine the appropriate type and amount of life insurance. If a client is conservative, 30 years old, and married with 2 young children, whose income is unpredictable, the IA may recommend what type of life insurance policy?

Answers

Answer:

Permanent Life Insurance Policy

Explanation:

Permanent Life Insurance Policy is a flexible insurance policy that allows policy holders to borrow from their insurance policy (policy loan). Furthermore, withdrawal up to the total premium amount paid into the policy is allowed.

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