Questions
When Song Mei Hui moved from being Vice President for Human Resources at Pierce & Pierce...

When Song Mei Hui moved from being Vice President for Human Resources at Pierce & Pierce in Shanghai to her international assignment in New York, she was struck by the difference in perception of Pierce & Pierce as an employer in China and the United States. Pierce & Pierce in China stands for an attractive and popular place to work, as opposed to its image as an employer in the United States, which was one of an unattractive, traditional, and uninspiring place of work. This difference in perception was bothering Song Mei Hui, because a strong and appealing ‘employer brand’ has the capacity to attract (and retain) talent as denoted by the number of university graduates aspiring to work for companies such as SAS, Google, Cisco, and the Boston Consulting Group.According to Song Mei Hui, the drivers of employer attractiveness have evolved into a complex and challenging set in this day and age. Even though she believes that the success of the organization itself is at the cornerstone of being an attractive employer (and Pierce & Pierce is flourishing indeed), she feels that a wide variety of factors contribute to being successful in attracting and retaining talent. “For many employees, being a part of a profitable, thriving corporation is a reward on its own,” she says. “However, this is obviously not enough. Opportunities for empowerment, a feeling of achievement, a substantial compensation package, and a culture of grooming and development also play a major role in the decision making process of today’s young professionals. Job candidates are looking for a career, and not just for a job.”Song Mei Hui has hired a graduate student in management, Timothy Brice, to develop and test a model of employer attraction. The results of Timothy’s study should help Pierce & Pierce to become more popular as an employer in the United States and hence to attract and retain talented young professionals. Timothy has conducted a literature review and in-depth interviews with graduate students and young professionals who have just started their careers in order to establish the drivers of employer attractiveness. Based on the results of the literature review and the qualitative study, he has developed the following model. he effect of Brand Image on Employer attraction Employer brand image can be defined as the potential applicants’ perceptions of instrumental and symbolic attributes of an organization (cf. Backhaus and Tikoo, 2004; Lievens and Highhouse, 2003; Lievens, 2007; Martin, Beaumont, Doig and Pate, 2005). The instrumental dimension includes tangible attributes related to the job and/or the organization such as ‘job opportunities’, whereas the symbolic dimension includes (the perception of) intangible attributes of an employer (as if it were a person) such as ‘sincerity’ and ‘being exciting’. Both instrumental and symbolic attributes have been found to affect applicant attraction to an employer (Backhaus and Tikoo, 2004; Cable and Turban, 2001; Turban and Greening, 1997). Therefore, the following hypotheses are proposed:H1a: The more positive the perception of instrumental attributes of an employer, the stronger applicant attraction to the organization. H1b: The more positive the perception of symbolic attributes of an employer, the stronger applicant attraction to the organization. Feelings of significant others.If significant others in someone‘s surrounding (e.g., family and friends) tell this person that a company is a much better employer than other employers, someone’s level of attraction to Instrumental attributes:-Workplace atmosphere-Job opportunities-Industry characteristicsEmployer attractionSymbolic attributes:-Excitement-Sincerity-PrestigeSubjective norms that particular organization will grow. It is generally recognized that potential applicants often consult other people (e.g., family, friends, and/or acquaintances) about jobs and organizations(e.g., Van Hoye and Lievens, 2007)”. What’s more, Turban (2001) found that university personnel’s beliefs about organizations affect students’ attraction to that organization. Kilduff (1990) also found that in the early stages of job search, college students are heavily influenced by the beliefs of their friends and classmates. These findings all point at the relevance of social influences to potential applicants in influencing the level of employer attraction. Hence, the following hypothesis is proposed: H2: The more positive significant others are about an organization, the stronger applicant attraction to the organization. To test these hypotheses, Timothy has undertaken a quantitative field study. He has collected data using a questionnaire measuring the variables in his model and a couple of respondent characteristics such as age, gender, and level of education with closed-ended questions.

Suppose that multicollinearty is a problem in this study. What can Timothy do about it?

Do you expect that multicollinearty is a problem? Explain

In: Economics

Pacific Rim Industries is a diversified company whose products are marketed both domestically and internationally. The...

Pacific Rim Industries is a diversified company whose products are marketed both domestically and internationally. The company’s major product lines are furniture, sports equipment, and household appliances. At a recent meeting of Pacific Rim’s board of directors, there was a lengthy discussion on ways to improve overall corporate profitability. The members of the board decided that they required additional financial information about individual corporate operations in order to target areas for improvement.

Danielle Murphy, the controller, has been asked to provide additional data that would assist the board in its investigation. Murphy believes that income statements, prepared along both product lines and geographic areas, would provide the directors with the required insight into corporate operations. Murphy had several discussions with the division managers for each product line and compiled the following information from these meetings.

Product Lines
Furniture Sports Appliances Total
Production and sales in units 216,000 202,500 216,000 634,500
Average selling price per unit $ 7.00 $ 18.00 $ 17.00
Average variable manufacturing cost per unit 3.00 9.50 11.50
Average variable selling expense per unit 2.00 2.50 2.75
Fixed manufacturing overhead,
excluding depreciation
$ 528,000
Depreciation of plant and equipment 507,600
Administrative and selling expense 1,180,000

   

The division managers concluded that Murphy should allocate fixed manufacturing overhead to both product lines and geographic areas on the basis of the ratio of the variable costs expended to total variable costs.

Each of the division managers agreed that a reasonable basis for the allocation of depreciation on plant and equipment would be the ratio of units produced per product line (or per geographical area) to the total number of units produced.

There was little agreement on the allocation of administrative and selling expenses, so Murphy decided to allocate only those expenses that were traceable directly to a segment. For example, manufacturing staff salaries would be allocated to product lines, and sales staff salaries would be allocated to geographic areas. Murphy used the following data for this allocation.


Manufacturing Staff Sales Staff
Furniture $ 140,000 United States $ 80,000
Sports 160,000 Canada 120,000
Appliances 100,000 Asia 270,000

   

The division managers were able to provide reliable sales percentages for their product lines by geographical area.

Percentage of Unit Sales
United States Canada Asia
Furniture 50 % 10 % 40 %
Sports 40 % 40 % 20 %
Appliances 30 % 30 % 40 %

   

Murphy prepared the following product-line income statement based on the data presented above.

PACIFIC RIM INDUSTRIES
Segmented Income Statement by Product Lines
For the Fiscal Year Ended April 30, 20x0
Product Lines
Furniture Sports Appliances Unallocated Total
Sales in units 216,000 202,500 216,000
Sales $ 1,512,000 $ 3,645,000 $ 3,672,000 $ 8,829,000
Variable manufacturing and selling costs 1,080,000 2,430,000 1,890,000 5,400,000
Contribution margin $ 432,000 $ 1,215,000 $ 1,782,000 $ 3,429,000
Fixed costs:
Fixed manufacturing overhead $ 105,600 $ 237,600 $ 184,800 $ $ 528,000
Depreciation 172,800 162,000 172,800 507,600
Administrative and selling expenses 140,000 160,000 100,000 780,000 1,180,000
Total fixed costs $ 418,400 $ 559,600 $ 457,600 $ 780,000 $ 2,215,600
Operating income (loss) $ (13,600 ) $ 655,400 $ 1,324,400 $ (780,000 ) $ 1,213,400

Required:

Prepare a segmented income statement for Pacific Rim Industries based on the company’s geographical areas. The statement should show the operating income for each segment. (Round intermediate calculations to 2 decimal places (i.e. 0.1234 is 12.34%) and final answers to the nearest dollar amount.)

PACIFIC RIM INDUSTRIES
Segmented Income Statement by Geographic Areas
For the Fiscal Year Ended April 30, 20x0
Geographic Areas
United States Canada Asia Unallocated Total
Sales in units
Furniture 0
Sports 0
Appliances 0
Total unit sales 0 0 0 0
Revenue
Furniture $0
Sports 0
Appliances 0
Total revenue $0 $0 $0 $0
Variable costs
Furniture $0
Sports 0
Appliances 0
Total variable costs $0 $0 $0 $0
Contribution margin $0 $0 $0 $0
Fixed costs
Manufacturing overhead $0
Depreciation 0
Administrative and selling expenses 0
Total fixed costs $0 $0 $0 $0
Operating income (loss) $0 $0 $0 $0 $0

In: Accounting

QUESTION 31 According to the DSM, ______________ is a clinically significant behavioral and psychological syndrome or...

QUESTION 31

According to the DSM, ______________ is a clinically significant behavioral and psychological syndrome or pattern that occurs in an individual and that is associated with present distress or disability or with a significantly increased risk of suffering death, pain, disability, or an important loss of freedom.

mental disorder

peripheral symptom of illness

central symptom of illness

dementia

personality disorder

2.00000 points   

QUESTION 32

Tolerance thresholds are relatively high, and tolerance to independent behavior and a range of deviations from the norm is a description of which culture?

Individualism

Modernity

Traditionalism

Collectivism

2.00000 points   

QUESTION 33

Psychologists report that people in collectivist cultures are more likely to display repressive adaptive style than people from other groups.

True

False

2.00000 points   

QUESTION 34

Individuals from Western countries are expected to demonstrate a stronger internal locus of control than individuals from non-Western countries.

True

False

2.00000 points   

QUESTION 35

What is the repressive adaptive style of coping with illness?

A tendency of medical professionals to reject medication in therapy

An individual’s desire to hide the symptoms

A tendency of medical professionals not to diagnose mental illness

An individual’s desire to seek immediate help

An individual’s desire to look for spiritual healers

2.00000 points   

QUESTION 36

Acculturative stress is known more commonly as:

Universal stress

Stress specific to one culture

Refugee development

Culture shock

2.00000 points   

QUESTION 37

How are “individualism” and “conformity” related?

Low individualism is associated with lower conformity

High individualism is associated with higher conformity

There is no relation between these two variables

Low individualism is associated with higher conformity

2.00000 points   

QUESTION 38

Studies show that some national differences exist in the way people maintain eye contact.

True

False

2.00000 points   

QUESTION 39

Defenders of political censorship argue that restrictions on information are necessary to protect________.

individual rights

uncertainty avoidance

cultural norms of collectivism

mental health

social order and stability

2.00000 points   

QUESTION 40

The innovative project by Iwin Leenen, to educate health in poor rural areas in Guatemala, states in Stage 1:

Focus on sexuality, cultural taboos, and reproductive health

Learn the factors affecting health of rural women

Women discuss hygiene and sanitation

Women learn about relation between health and nutrition

2.00000 points   

QUESTION 41

A detailed description of known diseases and injuries called the DSM is published by the World Health Organization, a branch of the United Nations.

True

False

2.00000 points   

QUESTION 42

What should a clinical psychologist do when his or her client embraces nonscientific views about the nature of his or her condition?

Refer the client to a culturally similar psychologist

Try to convince the client of scientific causes

Accept the validity of the client’s beliefs

Respect the client’s beliefs

Ignore the client’s views

2.00000 points   

QUESTION 43

The three types of censorship are moral, ideological and :

Political

None of the above

Spiritual

Individualism

2.00000 points   

QUESTION 44

The tendency to be closed-minded, rigid, and inflexible in one's opinions and subsequent behavior is called “_____________.”

cognitive dissonance

dogmatism

attitude

egalitarianism

skepticism

2.00000 points   

QUESTION 45

In terms of cultural values, the term collectivist refers to a pattern by which a country scores low on the measure of power distance and high on the measure of individualism.

True

False

2.00000 points   

QUESTION 46

Myths and fairy tales from all continents show a consistent pattern: “good” characters are those who obtained their success due to their effort and “bad” individuals are those who enrich themselves by harming others or doing nothing.

True

False

2.00000 points   

QUESTION 47

Anthropologists suggest that territorial behavior is not natural for individuals and social groups.

True

False

2.00000 points   

QUESTION 48

Unfortunately, the Milgram experiment was not conducted in countries outside the United States and researchers had no opportunity to see if this study had cross-cultural validity.

True

False

2.00000 points   

QUESTION 49

Japan has a higher rate of suicide than the United States.

True

False

2.00000 points   

QUESTION 50

In Psychology, “folk beliefs” refer to common assumptions about normal and abnormal psychological functioning.

True

False

In: Psychology

Essay United State of America economic issues?

Essay United State of America economic issues?

In: Economics

the discrimination in medical field in united state of American

the discrimination in medical field in united state of American

In: Nursing

What is the role of the United Nations in world politics?

What is the role of the United Nations in world politics?

In: Economics

On March 17, 2020, Union Corporation purchased 500 bonds of AZQ as a long-term investment at...

On March 17, 2020, Union Corporation purchased 500 bonds of AZQ as a long-term investment at $400 per bond. On December 31, 2020, and December 31, 2021, the market value of the AZQ bonds is $420 and $430, respectively.

Required: (1.) What is the appropriate reporting category for this investment? Why? (2.) Prepare the adjusting entry on December 31, 2020. (3.) Prepare the adjusting entry on December 31, 2021.

In: Accounting

Throughout 2020, Moon Ltd. had 1,200,000 common shares outstanding. As well, the corporation paid $300,000 in...

Throughout 2020, Moon Ltd. had 1,200,000 common shares outstanding. As well, the corporation paid $300,000 in preferred dividends and reported net income of $5,100,000 for 2020. In connection with the acquisition of a subsidiary company in June 2019, Moon is required to issue 50,000 additional common shares on July 1, 2021, to the former owners of the subsidiary.

Moon’s diluted earnings per share for 2020 should be:

$4.25.

$4.08.

$4.00.

$3.84.

In: Accounting

. On January 3, 2020, Hanna Corp signed a lease on a machine and the lease...

. On January 3, 2020, Hanna Corp signed a lease on a machine and the lease commences the same date. The lease requires Hanna too make six annual lease payments of $12000 with the first payment due on December 31, 2020. Hanna could have financed the machine by borrowing at an interest rate of 7%. What entries would the company record on Jan 3 and December 31, 2020 if the lease is classified as a finance lease?

In: Accounting

32. Nabors Finance Company reported equipment with an original cost of $379,000 and $344,000 and accumulated...

32. Nabors Finance Company reported equipment with an original cost of $379,000 and $344,000 and accumulated depreciation of $153,000 and $128,000, respectively in its financial statements for years ended December 31, 2020 and 2019. During 2020, Nabors purchased equipment costing $50,000 and sold equipment with carrying amount of $9,000. What amount should Nabors report as depreciation expense for 2020?

a. $19,000 c. $31,000 b. $25,000 d. $34,000

In: Finance