Answers
Answer:
True
Explanation:
Related Questions
Foyle Architects incorporated as licensed architects on April 1, 2014. During the first month of the operation of the business, these events and transactions occurred:
Apr. 1 Stockholders invested $21,341 cash in exchange for common stock of the corporation.
1 Hired a secretary-receptionist at a salary of $445 per week, payable monthly.
2 Paid office rent for the month $1,067.
3 Purchased architectural supplies on account from Burlington Company $1,541.
10 Completed blueprints on a carport and billed client $2,253 for services.
11 Received $830 cash advance from J. Madison to design a new home.
20 Received $3,320 cash for services completed and delivered to M. Svetlana.
30 Paid secretary-receptionist for the month $1,780.
30 Paid $356 to Burlington Company for accounts payable due.
1.) Journalize the transactions. (If no entry is required, indicate "No entry". Record journal entries in the order presented in the problem.)
2.) Post to the ledger T-accounts. (Post entries in the order of journal entries presented in the question.)
3.) Prepare a trial balance on April 30, 201
Answers
Answer:
1)
April 1 Stockholders invested $21,341 cash in exchange for common stock of the corporation.
Dr cash 21,341
Cr common stock 21,341
April 1 Hired a secretary-receptionist at a salary of $445 per week, payable monthly.
no journal entry required
April 2 Paid office rent for the month $1,067.
Dr rent expense 1,067
Cr cash 1.067
April 3 Purchased architectural supplies on account from Burlington Company $1,541.
Dr supplies 1,541
Cr accounts payable 1,541
April 10 Completed blueprints on a carport and billed client $2,253 for services.
Dr accounts receivable 2,253
Cr service revenue 2,253
April 11 Received $830 cash advance from J. Madison to design a new home.
Dr cash 830
Cr unearned revenue 830
April 20 Received $3,320 cash for services completed and delivered to M. Svetlana.
Dr cash 3,320
Cr service revenue 3,320
April 30 Paid secretary-receptionist for the month $1,780.
Dr wages expense 1,780
Cr cash 1,780
April 30 Paid $356 to Burlington Company for accounts payable due.
Dr accounts payable 356
Cr cash 356
2)
Cash
debit credit
21,341
1.067
830
3,320
1,780
356
22,288
accounts receivable
debit credit
2,253
supplies
debit credit
1,541
accounts payable
debit credit
1,541
356
1,185
unearned revenue
debit credit
830
common stock
debit credit
21,341
service revenue
debit credit
2,253
3,320
5,573
rent expense
debit credit
1,067
wages expense
debit credit
1,780
3) debit credit
cash $22,288
accounts receivable $2,253
supplies $1,541
accounts payable $1,185
unearned revenue $830
common stock $21,341
service revenue $5,573
rent expense $1,067
wages expense $1,780
totals $28,929 $28,929
Treating the amounts of each material available as constraints, formulate a goal programming model to determine the optimal product mix. Assume that both P1 priority level goals are equally important to management. (Let x1 be the number of tons of fuel additive produced, x2 be the number of tons of solvent base produced, dpi be the deviation variable which exceeds the value of goal i, and dni be the deviation variable which is less than the value of goal i, for i = 1, 2.)
Answers
The goal programming model seeks to maximize the sum of the deviations from the two priority level goals.
What is goal programming model seeks?Goal programming is a type of mathematical optimization technique that is used to optimize a set of goals or objectives. It is especially useful in situations where multiple objectives are present, as it allows a decision maker to optimize the objectives while taking into account the interactions between them.
Goal Programming Model:
Maximize z = 0.5(dP1 + dP2)
Subject to:
x1 + x2 ≤ 100 (amount of material available)
x1 ≥ 10 (amount of fuel additive required)
x2 ≥ 10 (amount of solvent base required)
dP1 ≥ (x1 + 2x2) - 160 (priority level 1 goal; profit)
dP2 ≥ (x1-x2) - 20 (priority level 2 goal; quality)
dN1 ≤ 160 - (x1 + 2x2)
dN2 ≤ 20 - (x1-x2)
x1, x2, dP1, dP2, dN1, dN2 ≥ 0
The goal programming model seeks to maximize the sum of the deviations from the two priority level goals, while satisfying the constraints of the amount of material available.
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The Learner Company sent field engineers to perform installation and repair on large pieces of equipment that are used in the process of making gasoline at
petrochemical plants. Each day, the onsite engineer reviews the
to determine which parts of the project are in progress and which have been
completed. This bar graph also shows the engineer which equipment must be installed before other parts are started.
Multiple Choice
O
PERT chart
Gantt chart
CAD/CAM system
flexible manufacturing system
Answers
A Gantt chart is a bar chart that displays the tasks of a project, the due dates for each job, and the estimated completion times for each work.
Why does estimate matter?
To produce a statement of the approximate cost of; to judge tentatively or roughly the worth, significance, or size of; to ascertain roughly the size, extent, or nature of. When you estimate something, you make a rough judgment or computation about it. The term "estimated total cost" refers to the total cost of all goods, services, or work to be completed under a contract, including any type of option, as determined prior to the contract's procurement. The process of estimating, approximating, or rounding off figures occurs when the value is used for another purpose in order to avoid laborious calculations. Between the words accurate and estimation, there is a distinction.
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four problems associated with money
Answers
Answer:
Hmm.
Explanation:
Problems making ends meet
Accumulating too much debt.
Making poor purchasing and investing decisions.
Being unable to enjoy money.
(Source; USATODAY.com)
will
ur
8. In the section that asks when you
are available to work, you will want to
a. be vague.
b. say "when ever."
c. make sure to clearly list the time
range and days.
d. It doesn't matter.
it
Answers
Answer:
will
ur
8. In the section that asks when you
are available to work, you will want to
a. be vague.
b. say "when ever."
c. make sure to clearly list the time
range and days.
d. It doesn't matter.
it
Taxes are costly to market participants because they
a. transfer resources from market participants to the government.
b. alter incentives.
c. distort market outcomes.
O d. All of the above are correct.
Answers
Considering the available options, Taxes are costly to market participants because All of the above is correct.
This is evident in that taxes are costly to market participants because they "transfer resources from market participants to the government."
The resources here are capital resources which come in the form of money.
Also, taxes are costly to market participants as it alters the incentives to buy or conduct business.
Again, taxes are costly to market participants because they alter or affect the market outcomes.
Hence, in this case, it is concluded that the correct answer is option D. "All of the above is correct."
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_______________________ are economists who generally emphasize the importance of aggregate supply in determining the size of the macroeconomy over the _____________.
Answers
Answer:
neoclassical economists; long run
Explanation:
Neoclassical economists are economists who generally emphasize the importance of aggregate supply in determining the size of the macroeconomy over the long run
Before the year began, Jupiter Manufacturing estimated that manufacturing overhead for the year would be $200,600 and that 25,600 direct labor hours would be worked. Actual results for the year included the following: Actual manufacturing overhead cost $182,500 Actual direct labor hours 20,000 If the company allocates manufacturing overhead based on direct labor hours, the manufacturing overhead for the year would have been ? (Round intermediary calculations to the nearest cent.) A. $18,100 overallocated. B. $18,100 underallocated. C. $25,700 overallocated. D. $25,700 underallocated.
Answers
Answer:
$25,700 Underallocated.
Explanation:
Calculation for the manufacturing overhead for the year
First step is to find the Predetermined overhead allocation rate using this formula
Predetermined overhead allocation rate = Manufacturing overhead/ Direct labor hours
Let plug in the formula
Predetermined overhead allocation rate=$200,600/25,600
=7.8359375
Second step is to multiply Predetermined overhead allocation rate by Actual direct labor hours
7.84*20,000
=$156,800
Lasr step is to find the manufacturing overhead for the year
Manufacturing overhead=$182,500-$156,800
Manufacturing overhead=$25,700 Underallocated
Therefore the manufacturing overhead for the year is $25,700 Underallocated
A firm with few subunits is said to have a low level of _____.
Answers
Any firm with few sub-units is said to have a low level of subsidiary activities.
What is the meaning of subunits?
In business, a subunits refers to an organization that is a subsidiary, division or a unit of a larger parent organization.
In conclusion, any firm with few sub-units is said to have a low level of subsidiary activities.
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Is it possible that a person might me an ffective leader in one situation but not another.explain
Answers
A new manufacturing machine is expected to cost $278,000, have an eight-year life, and a $30,000 salvage value. The machine will yield an annual incremental after-tax income of $35,000 after deducting the straight-line depreciation. Compute the accounting rate of return for the investment.
Answers
Answer:
22.7 %
Explanation:
Accounting rate of return = Average Profits / Average Investments × 100
Where,
Average Profit = Sum of Profits ÷ Number of Years
= $35,000
and
Average Investment = (Initial Investment + Salvage Value) ÷ 2
= ($278,000 + $30,000) ÷ 2
= $154,000
Therefore,
Accounting rate of return = $35,000 ÷ $154,000
= 22.7 %
What are some strategies that you can use to prepare to file taxes each year? What would be
the benefits of these strategies?
Answers
Provide Dependents' Social Security Numbers.
Organize Your Records and Documents.
Contribute to Your Retirement Accounts.
Lower Your Taxable Income.
what goods and services should be produced? economics Help Asapp
Answers
The goods and services should be produced according to the economics, "it depends upon allocation of resources, which involve uses of scarce resources".
In the economics, this decision is usually made by market forces through the interaction of supply and demand.
Businesses and individuals produce goods and services that they believe will be in demand in the marketplace.
If the demand curve for the product or services increase in the marketplace on the based goods and services which involves the uses of resources and consumers choose which goods and services to purchase based on their needs and preferences.
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During job interviews, potential employers often ask candidates to describe a time where they have demonstrated their initiative and/or results driven skills. This week, you’ll have a chance to practice.
In paragraph 1, describe a time at work, home, or school where there was a problem and you took the initiative to solve that problem and to seek results on your own.
In paragraph 2, explain how the process went and describe the solution that you developed.
Answers
Answer:
During a pandemic everyone and everything is crazy and it hasn't gone very for me at work or at home. I guess that's why they say it's best for you stay home and quaretine for days because of a test that came back positive.
Explanation:
1.Why is knowledge of consumer behavior important to the marketer?
Answers
The knowledge of consumer behavior is extremely important to the marketer in order to provide the customers with best possible products and earning profit for himself sideways.
CONSUMER BEHAVIOR is the study of consumers and the processes they use to select the product. It particularly deals with the psychological of the customer i.e., What the think? What they want? What are the trends they are interested in? At what price do they feel comfortable? And so on.
When the marketer understands the mental state of the consumer then he/she becomes fit to earn and compete with his fellow marketers. This enables him to provide the customers with the products of their choice at reasonable prices. This is how he sustains in market and earns profit.
Example: a marketer understands that customers are attracted by discounts. So he would increase the actual cost of product and increase the discount price. The selling price is not changed but since the customer thinks he is getting more discount, he is attracted.
Consumer Behavior is of great significance to marketers because it helps them to survive in the industry. It helps them to analyze business trends and helps to keep up with their competitors. It also helps to retain their customers.
Consumer buying behavior refers to the analysis of consumers' actions when selecting whether to get a good that meets their needs. it's an investigation into how customers behave and what motivates them to purchase and use particular goods.
The study of consumer purchasing behavior is crucial for marketers because it helps them comprehend what customers anticipate from them. Understanding what prompts a consumer to get a product is useful.
The importance of consumer behavior to marketers is discussed below:
Consumer diversification: It's a technique used in marketing to set one consumer apart from a group of related consumers. This aids in creating a target market of consumers who exhibit the same or comparable behavior.Customer Retention: Consumer behavior is incredibly crucial for both attracting new consumers and keeping hold of current ones. A satisfied customer is more likely to form the same purchase in the future. Therefore, it's important to sell the product in a way that encourages repeat purchases from customers.Forecasting Demand Patterns: By doing a consumer behavior analysis, a business can avoid spending plenty of money and energy on creating a product that won't be popular with customers.Competitiveness: Understanding and handling the competition are made easier by studying consumer behavior. Your brand may have a competitive edge supported consumer expectations.Develop Unique New Technologies: Businesses continually exerting to increase the likelihood that their novel ideas or new products will succeed. Amongst the foremost crucial methods is to carry out a thorough and careful study of consumer behavior.Learn more about consumer behavior : https://brainly.com/question/9566137
FRY-9C, FRY-14M, FRY-14Q, FRY-2052a, FP&A, CRR
What are these terms exactly mean? How do they work in business? What each term do?
Answers
The terms mentioned above are used in economics and have to do with finance.
What are FRY-9C, FRY-14M, and FRY-14Q?In order to keep an eye on financial institutions in between on-site inspections, the FR Y-9C is the main analytical tool employed. The form, which is the most frequently requested and scrutinized report at the holding company level, contains more schedules than any other report in the FR Y-9 series.
The FR Y-14M report gathers monthly in-depth information on the loan portfolios of bank holding companies (BHCs), savings and loan holding companies (SLHCs), and intermediate holding companies (IHCs). Three loan- and portfolio-level collections, as well as one in-depth address matching collection, make up the report.
On a quarterly basis, the FR Y-14Q compiles comprehensive information on the various asset classes, capital components, and pre-provision net revenue (PPNR) categories of the bank holding companies (BHC), savings and loan holding companies (SLHCs), and intermediate holding companies (IHC).
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Sam Smith is currently employed as a mechanical engineer and is paid $65,000
per year plus benefits thatare equal to 30% of his salary. Sam wants to begin a
consulting firm and decides to leave his current job. After his first year in
business, Sam's accountant informed him that he had made $45,000 with his
consulting business. Sam also notices that he paid $6,000 for a health
insurance policy, which was his total benefit during his first year. What was
Sam's opportunity cost?
What was Sam's opportunity cost?
Answers
Sam gave up $65,000 in salary plus $19,500 in benefits or a total of $84,500.
The concept in the back of opportunity value is that the fee of 1 object is the misplaced possibility to do or eat something else; in quick, opportunity cost is the price of the following fine alternative. benefits foregone by using no longer choosing an alternative direction of motion.
Opportunity cost is the cost of the following satisfactory element you surrender whenever you decide. it's miles the lack of capacity gained from other options when one opportunity is chosen. The concept of an opportunity price became first started by John Stuart Mill. possibility price is the difference in the advantage of a preference you are forgoing compared to the advantage of the choice you're making. you may recognize opportunity fee as an estimation of the way much regret you'll sense for making one desire over every other.
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Customers who purchase an item on account usually do so with a.
A. subsidary ledger
B. check
C. invoice
D. sales order
SUBMIT
Answers
Customers who purchase an item on account usually do so with an Option C. invoice.
An invoice is a document that lists the details of the transaction, including the item(s) purchased, the price, any discounts or taxes, and the payment terms. When a customer buys something on account, they are essentially extending credit from the seller, which means they will pay at a later date.
To keep track of these transactions, companies often use a subsidiary ledger, which is a separate ledger that tracks the individual accounts of each customer. This allows the company to easily monitor who owes them money and how much they owe. The subsidiary ledger is linked to the general ledger, which is where all of the company's financial transactions are recorded.
When a customer purchases an item on account, they typically receive an invoice that includes all of the details of the transaction. The invoice serves as a record of the sale, and it also acts as a reminder for the customer to pay the amount owed by the due date. Depending on the terms of the sale, the customer may be required to make payment in full or in installments.
In conclusion, customers who purchase an item on account usually do so with an invoice, which is tracked in a subsidiary ledger to help the company keep track of its accounts receivable. Therefore, Option C is Correct.
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Which one of the following statements is most correct: when supply is high and demand is high, then value tends to be high. when supply is low and demand is high, then value tends to be high. when supply and demand are in equilibrium, then value tends to be high. when supply is high and demand low, then value tends to be high.
Answers
when supply is low and demand is high, then value tends to be high.so option b is correct.
What is supply, exactly?The total amount of a particular commodity or service that is offered to customers is known as the supply, and it is a fundamental economic notion. When depicted on a graph, supply can refer to the quantity that is offered at a particular price or the quantity that is offered over a range of prices. The quantity supplied is the quantity of a product that a store intends to sell at a specific price. When stating quantity supplied, typically a time period is also mentioned. As an illustration: When an orange costs 65 cents, 300 oranges are provided each week.
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Southern Alliance Company needs to raise $120 million to start a new project and will raise the money by selling new bonds. The company will generate no internal equity for the foreseeable future. The company has a target capital structure of 55 percent common stock, 15 percent preferred stock, and 30 percent debt. Flotation costs for issuing new common stock are 8 percent, for new preferred stock, 5 percent, and for new debt, 3 percent.
What is the true initial cost figure the company should use when evaluating its project? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar amount, e.g., 1,234,567.)
Answers
Answer:
$127,727,515
Explanation:
Calculation to determine the true initial cost figure Southern should use when evaluating its project
First step is to find the weighted average flotation cost.
Weighted average flotation cost= .55(.08) + .15(.05) + .30(.03)
Weighted average flotation cost= .044+.0075+.009
Weighted average flotation cost= .0605*100
Weighted average flotation cost=6.05%
Now let determine the true initial cost figure
True initial cost figure=(1 – .0605) = $120,000,000
True initial cost figure = $120,000,000 / (1 – .0605)
True initial cost figure = $120,000,000 / .9395
= $127,727,515
Therefore the true initial cost figure Southern should use when evaluating its project is $127,727,515
Aggregate supply is best described as the
total output of all products and services.
point of equilibrium.
nation’s real gross national product.
excess supply in the market.
Answers
Answer:
Total output of all products and services.
Explanation:
Aggregate supply is defined as the total amount of goods and services that firms are willing to sell, at a specific price, within a particular economy.
Aggregate supply is a macroeconomic concept, an aggregate variable, that is used in Keynesian and Neoclassical economics, often in models that put it together with aggregate demand, in what is known as the Aggregate Supply-Aggregate Demand model (AS-AD model).
Discuss
any
four ways in which Specialization has
improved the economic development of Nigeria.
Answers
Answer:
fixing electricity in Nigeria.
discouraging insurgency in Nigeria.
patronizing Nigerian made products.
improvement of law and order.
Josh buys an $8000 10-year bond that has a coupon rate of 4.5 %. If he keeps the bond to maturity, how much interest will he collect?
Answers
Josh will collect $3600 in interest if he keeps the $8000 10-year bond with a 4.5% coupon rate to maturity.
To calculate the interest that Josh will collect from the 10-year bond with an $8000 face value and a coupon rate of 4.5%, we need to consider the annual interest payment and the total number of interest payments over the bond's lifespan.
The annual interest payment can be calculated by multiplying the face value of the bond ($8000) by the coupon rate (4.5%). This gives us an annual interest payment of $360 (8000 * 0.045).
Since the bond has a 10-year maturity, there will be a total of 10 interest payments over its lifespan. Therefore, the total interest Josh will collect can be calculated by multiplying the annual interest payment ($360) by the number of interest payments (10).
Total interest = Annual interest payment * Number of interest payments
Total interest = $360 * 10
Total interest = $3600
Therefore, if Josh keeps the bond to maturity, he will collect a total of $3600 in interest over the 10-year period.
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4. If an economy with full employment faces a high risk of inflation, which of the following
policies should the federal government pursue?
Answers
Answer:
monetary policy
Explanation:
The goal of a contractionary policy is to reduce the money supply within an economy by increasing interest rates. 5 This helps slow economic growth by making credit more expensive, which reduces consumer and business spending.
since u didn't specifically said the option this is the most likely
Hiram is a computer engineer and, while unemployed, invents a switching device for computer networks. He patents the device, but does not reduce it to practice. Hiram has a zero tax basis for the patent. In consideration of $800,000 plus a $1 royalty per device sold, Hiram assigns the patent to a computer manufacturing company. Hiram assigned all substantial rights in the patent. Which of the following is correct?
Answers
Hiram automatically has long-term capital gain from both the lump sum payment and the royalty payments.
A royalty contribution is a sum of money given to another party who is the owner of a certain asset in exchange for the obligation to continue using that asset. Although there are numerous ways and metrics of compensation, royalties are generally agreed upon as a percent of the gross or net revenues received through the use of a particular asset or a fixed per unit price supplied of an item of such.
Possible forms of compensation include royalties from quasi resources, patents, logos, franchises, copyrighted content, publication royalties, audio royalties, and art royalties. Prominent clothing designers have had the right to request royalties from companies who use their names and designs without permission.
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what do you think should be the hotel's three priorities in order to generate additional business from its OTA partner?
Answers
The 3 priorities for hotels in order to generate additional business from its OTA partner will be:
Use a Distribution Channel ManagerBuild a Relationship with Market ManagersStand Out With Your Hotel DescriptionWhat is called an OTA?Also known as the online travel agency refers to the website that sells travel-related products such as airline tickets, car rentals, cruises, experiences, accommodations to the customers.
Majority of the vacation rental managers utilize the online travel agency that specialize in renting temporary housing to travelers.
Therefore, the top 3 priorities for hotels in order to generate additional business from its OTA partner will be Use a Distribution Channel Manager, Build a Relationship with Market Managers and Stand Out With Your Hotel Description
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Can we find experienced roofing contractors in USA?
Answers
Answer:
yes
Explanation:
Because they have great infrastructure hence they are experienced
Bookmark question for later Cross-training workers does the following for your workers a. creates a sense of achievement and job satisfaction b. workers take pride as they help their companies compete through higher productivity c. helps reduce turnover d. all of the above e. only a and b
Answers
Answer:
d. all of the above
Explanation:
Cross-training applies to workers, who are trained for different spectrum other than their job responsibilities.
Cross-training workers are multitasking and do the following tasks:
They helps other employees to appreciate each other’s jobs.They help companies through higher efficiency & productivity and are proud of that. Cross-training forces also helps in reducing the turnover to gain more profit.So, Cross-training workers helps to train other employees to perform new tasks in addition to their usual duties and the correct option is "d".
In 2020, a company receives advance payments from its customers. The company will deliver the products in 2021. At the end of 2020, the company will __________ related to this transaction (enter 1, 2, 3, or 4 that represents the correct answer).
1. record a deferred tax asset
2. record a deferred tax liability
3. have a permanent difference
4. report no difference between financial income and taxable income for 2020.
Answers
Answer:
In 2020, a company receives advance payments from its customers. The company will deliver the products in 2021. At the end of 2020, the company will ____1______ related to this transaction (enter 1, 2, 3, or 4 that represents the correct answer).
1. record a deferred tax asset
Explanation:
For having paid income tax in 2020 on the cash received for deferred revenue, the company will record a deferred tax asset. This deferred tax asset will then be offset in 2021 when the sales revenue will be recorded according to the financial income accounting. Deferred tax asset arises from the overpayment or advance payment of taxes. The opposite of a deferred tax asset is called a deferred tax liability, representing income tax owed, which will be settled in the coming years.
Rachael Hair Products shows the following budgeted and actual data for the first quarter of the current fiscal year:
Actual (9,000 units) Flexible Budget (9,000 units) Master Budget (10,000 units)
Sales $ 139,500 $ 135,000 $ 150,000
Variable costs 64,000 63,000 70,000
Fixed costs 53,000 50,000 50,000
Operating income $ 22,500 $ 22,000 $ 30,000
Required:
What type of financial control system might the company use to determine whether the company met its short-term financial objectives?
For the first quarter of the year, what was the total master budget variance?
In general, into what two component variances can the master budget variance be decomposed? What is the meaning of each of these two variances?
Comment specifically on the financial performance of this company during the 1st quarter.
What are the primary limitations of traditional financial-control models?
Answers
Rachael Hair Products may use variance analysis to assess short-term financial objectives. The total master budget variance was -$7,500, divided into sales volume and flexible budget variances. Actual operating income of $22,500 was better than the flexible budget of $22,000 but below the master budget of $30,000, showing unfavorable variances, particularly in sales volume.
The company might use a variance analysis system to determine whether it met its short-term financial objectives. This involves comparing actual results to budgeted results and analyzing the variances to identify areas where performance was better or worse than expected.
The total master budget variance for the first quarter can be calculated as follows:
Actual Operating Income - Master Budget Operating Income
= $22,500 - $30,000
= -$7,500
Therefore, the total master budget variance for the first quarter is -$7,500.
The master budget variance can be decomposed into two component variances: the sales volume variance and the flexible budget variance. The sales volume variance measures the impact of the difference between the actual sales volume and the budgeted sales volume on operating income, while the flexible budget variance measures the impact of the difference between actual variable costs and budgeted variable costs on operating income.
During the first quarter, the company's actual operating income of $22,500 was slightly better than the flexible budget operating income of $22,000, but fell short of the master budget operating income of $30,000. This suggests that the company experienced some unfavorable variances, particularly in the area of sales volume.
The primary limitations of traditional financial-control models include their focus on historical financial data, their reliance on quantitative measures of performance, and their failure to account for non-financial factors that may influence performance. Additionally, traditional financial-control models may not be flexible enough to adapt to changing business environments or to capture the full range of factors that impact organizational performance.
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