CASE 11.2 : JAPAN'S CANON USES INCENTIVE COMPENSATION ( JAPAN)

1. Do you perceive any constraints on the use of different forms of compensation, such as bonuses or incentive compensation schemes ? What would these constraints be and why ?

2. What would you have predicted for the acceptance or rejection of the incentive compensation scheme at Canon in Japan ?

3. From an organizational strategic perspective, does it make sense to implement a centralized and standardized compensation system globally ?

source : Canon loves to compete, July 22, 2002, s5

Write multiple if statements: If carYear is before 1968, print "Probably has few safety features." (without quotes). If after 1971, print "Probably has head rests.". If after 1991, print "Probably has anti-lock brakes.". If after 2002, print "Probably has airbags.". End each phrase with period and newline. Ex: carYear = 1995 prints:

Probably has head rests.
Probably has anti-lock brakes.          

I want the answers in C++ not in java script data type

Given the following information what is the percentage change in the price of the bonds if interest rates suddenly rise by 3%?

The Solomon Company uses a job costing system at its Dover, Delaware plant. The plant has a machining department. Its job costing system has two direct cost categories (direct materials and direct manufacturing labour) and two manufacturing overhead cost pools (the machining department, allocated using machine hours and the finishing department, allocated using manufacturing labour costs). The 2002 budget for the plant is

                                                              Machining Dept.                                       Finishing Dept.

Manufacturing overhead                                            $10,000,000                                                        $8,000,000          

Direct manufacturing labour cost                              $900,000                                                              $4,000,000

Direct Manufacturing labour hours                          30,000                                                                   160,000

What is the budgeted overhead rate that should be used in the machining department? In the finishing department?

During the month of January, the cost record for job 431 shows the following:

                                                                                    Machining department                             Finishing Dept.                                                                                                                                                                                                                 

Direct materials used                                                     $14000                                   $3000

Direct manufacturing labour costs                            $600                                             $1250

Direct manufacturing labour hours                          30                                                  50

Machine hours                                                                  130                                          10

What is the total manufacturing overhead allocated to job 431?

Assume that job 431 consisted of 20 units of product, what is the unit product cost?

Balances at the end of 2002 are as follows:

Machining Dept.Finishing Dept.

Manufacturing overhead incurred $11,200,000$7,900,000

Direct manufacturing labour costs$950,000$4,100,000

Machine hours220,00032,000

Compute the manufacturing overhead variance for each department and for the Dover plant as a whole.

The United States has a lot of federally owned land. Unfortunately, uncontrolled natural forest fires destroy large areas in the western US every summer. In 2002, about 1,000,000 acres of standing timber in national forests were consumed. Some consideration is being given to improved management practices that could produce electric power from residual forest thinning. Estimate the lost energy content of burned US forests during 2002. Assuming the US average electricity demand is about 300,000 MW e , how much forested land would be needed to produce all the country ’ s power? Is this a sustainable alternative? How would you manage the forest lands needed? A few facts to consider: the total forested area on US federal lands in the lower 48 states is about 600 million acres with a standing stock density of about 100 dry metric tonnes of wood per acre. Woody plants and trees capture solar energy via photosynthesis at an average rate of about 0.8 W/m 2 , which corresponds to producing about 5 – 10 dry tons of biomass per acre annually with an average heating value of 8000 BTU/dry lb. Note that 1 acre = 43,560 ft 2 = 0.405 hectare = 4047 m 2 and the average heat-to-work conversion efficiency of a biomass-fired electric power plant is about 35%.

General Electric^® Capital, a division of General Electric, uses long-term debt extensively. In early 2002, GE Capital issued $11 billion in long-term debt to investors and then within days filed legal documents to prepare for another $50 billion long-term debt issue. As a result of the $50 billion filing, the price of the initial $11 billion offering declined (due to higher risk of more debt).

Bill Gross, a manager of a bond investment fund, “denounced a ‘lack in candor’ related to GE’s recent debt deal.” He said, “It was the most recent and most egregious example of how bondholders are mistreated.” Gross argued that GE was not forthright when GE Capital recently issued $11 billion in bonds, one of the largest issues ever from a U.S. corporation. What bothered Gross is that 3 days after the issue, the company announced its intention to sell as much as $50 billion in additional debt, warrants, preferred stock, guarantees, letters of credit, and promissory notes at some future date” (Alban, 2002).

In your opinion, did GE Capital act unethically by selling $11 billion of long-term debt without telling those investors that a few days later it would be filing documents to prepare for another $50 billion debt offering? Please explain your answer and discuss whether the action was illegal as well.

Consider the five survey questions below from a job satisfaction survey, and indicate the levels of measurement used for each question (nominal, ordinal, interval, or ratio). Briefly explain your rationale for each decision.

A. I feel I am being paid a fair amount for the work I do (Fields, 2002).

1. Disagree very much
2. Disagree moderately
3. Disagree slightly
4. Agree slightly
5. Agree moderately
6. Agree very much

B. My primary role within the company is:

1. administrative.
2. maintenance.
3. laborer.
4. manager.
5. driver.

C. A reasonable amount I should be expected to contribute annually to the company's health plan is:

1. 0 to $2,000.
2. $2,001 to $4,000.
3. $4,001 to $6,000.
4. $6,001 to $8,000.
5. $8,001 or greater.

D. Indicate the highest amount you were able to contribute to your 401k in 2017.

1. $1,000
2. $2,000
3. $3,000
4. $4,000
5. $5,000
6. $6,000
7. $7,000
8. $8,000
9. $9,000
10. $10,000
11. $11,000
12. $12,000
13. $13,000
14. $14,000
15. $15,000
16. $16,000
17. $17,000
18. $18,000
19. $19,000
20. $20,000
21. $21,000
22. $22,000
23. $23,000
24. $24,000

Reference

Fields, D. L. (2002). Taking the measure of work: A guide to validated scales for organizational research and diagnosis. Thousand Oaks, CA: Sage.

Please include the name of the person or question to which you are replying in the subject line. For example, "Tom's response to Susan's comment."

Answer the below questions using 200-250 words for each answer.

DQ 1: Assessing healthy behavior choices

These don’t need to be answered in 1-2-3 order. Use the following questions as a guide for your answer. They are the springboard for discussion and the topics should be addressed in your answer. Be sure to support your opinions and suggestions. That is what academic discussion is all about!:

Have you personally used exercise to manage stress? In what situations and with what type of exercise? Explain. If not, what are your personal roadblocks to exercising regularly?

Can you see any areas in which your behaviors are not healthy? Explain as comfortable.

Which of the techniques for controlling stressful behaviors, can you use to improve your exercise and healthy behaviors? Explain.

When looking at the Stages of Change Theory, what stage are you in making these healthful changes? Explain.

Of the health Belief Model, Self-Efficacy Theory, and Goal-Setting Theory, which is most likely to motivate you? Explain.

DQ 2: Coping with prejudice and discrimination
Has there been a time in your life when you experienced prejudice or discrimination? This could be due to race, ethnicity, gender, sexual orientation, ableism, age, or even family structure. Explain the situation. Looking back, can you see a stress reaction from the situation? How might you react differently next time? What methods might you use to change that reaction?

Match the description of each study with the scientific question being used. Use each once, not at all, or more than once.

A study determines the link between mother’s diet and birth defects.

      [ Choose ]            Correlation            Experiment      

A study enables us to predict student’s academic success based on knowledge of their performance on an intelligence test.

      [ Choose ]            Correlation            Experiment      

A study investigates the relationship between blood type and disease X.

      [ Choose ]            Correlation            Experiment      

A study looks into the relationship between college entrance exam scores and college success (grade point average).

      [ Choose ]            Correlation            Experiment      

A study measures the effects of a placebo versus a new treatment for depression.

[ Choose ]            Correlation            Experiment  

Match the description of each study with the scientific question being used. Use each answer on the right only once.

A study looks at the relationship between marital arguments and marital satisfaction.

      [ Choose ]            Case Study            Survey            Experiment            Naturalistic Observation            Correlation      

A double-blind study is conducted to determine the results of drinking and driving.

      [ Choose ]            Case Study            Survey            Experiment            Naturalistic Observation            Correlation      

A study measures the attitudes of a college’s student body toward proposed changes at the college.

      [ Choose ]            Case Study            Survey            Experiment            Naturalistic Observation            Correlation      

A study documents the details of a woman with multiple personalities.

      [ Choose ]            Case Study            Survey            Experiment            Naturalistic Observation            Correlation      

A study documents (without further study) the behavior of teenagers at a mall.

      [ Choose ]            Case Study            Survey            Experiment            Naturalistic Observation            Correlation      

Toledo Toy, a manufacturer of infants’ blocks, presented the following data in its last annual report. This trend analysis begins with the year of formation, 2003.

Required: