When actions by individuals in an organization are directed toward the goal of furthering their own self-interests, this is known as.
When actions by individuals in an organization are directed toward the goal of furthering their own self-interests, this is known as Organizational Politics
What is Organizational Politics?Organizational politics refers to informal, unofficial, and occasionally covert actions taken to advance ideas, influence organizations, consolidate power, or accomplish other specific goals.Politics has existed for thousands of years. According to Aristotle, politics is a result of a variety of competing interests that must be reconciled in some way. When interests are fundamentally at odds, "rational" decision-making alone may not be effective, which leads to political behaviors and influence methods.Working in companies today demands the ability to manage competing agendas and evolving power structures. Effective politics is about keeping relationships while accomplishing objectives, not about winning at any costs. Organizational politics are not necessarily bad, despite how they are sometimes depicted. Instead, in order to reduce organizational politics' detrimental impact, it's critical to be conscious of their potentially damaging elements. Of course, people within of organizations might squander time by acting excessively politically. According to research cited in HR Magazine, managers squander 20% of their time on politics.
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Which act requires financial institutions to ensure the security and confidentiality of customer data and mandates that data must be stored on a secure medium and protected during storage and transmittal?.
Gramm-Leach-Bliley Act requires financial institutions to ensure the security and confidentiality of customer data and mandates that data must be stored on a secure medium and protected during storage and transmittal.
The Gramm-Leach-Bliley Act requires financial institutions (companies that provide financial products or services to consumers, such as credit, financial or investment advice, and insurance) to explain their information-sharing practices to their customers and Obliged to protect.
GLBA requires entities that qualify as “financial institutions” to take a number of positive steps to prevent the unauthorized collection, use and disclosure of NPIs. These obligations are imposed by two "rules": (i) Privacy Rules and (ii) Security Rules.
To comply with the GLBA, financial institutions must provide customers with notice of how they share their confidential information and the right to opt out if they do not want their personal information shared with third parties. be notified and apply special protective measures. to personal data in customer accounts.
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why are so many businessess choosing a limited liability company (LLC) form of ownership?
A limited liability company (LLC) is a popular choice among small business owners for the liability protection, management flexibility, and tax advantages this form of business entity often provides.
What is the purpose of an advance directive?
A. It removes the burden of making end-of-life decisions for loved
ones.
B. It removes the burden of creating a final will.
C. It provides direction for estate planning and distribution.
D. It directs loved ones to make end-of-life care decisions.
SUBMIT
The correct option is option D. It directs loved ones to make end-of-life care decisions.
What is an Advance directive?
In the event that you are unable to make your own medical decisions, an advance directive is a legal document that specifies how you want those decisions to be made.
An advance directive is intended to direct your healthcare team and loved ones when they must make these decisions on your behalf or to designate who will act on your behalf in the event that you are unable to. Your healthcare team may decide to take special measures or provide emergency care in certain medical decisions. You can plan ahead and decide on the type of care you desire with the use of an advance directive.
Advance directives only apply to decisions regarding medical care; they have no bearing on financial or material considerations. From state to state, there are variations in the legislation governing advance directives.
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Seminole Company began the year with 23,000 units of product in its January 1 inventory costing $15 each. It made four purchases of its product during the year as follows. The company uses a periodic inventory system. On December 31, a physical count reveals that 40,000 units of its product remain in inventory.
The total cost of the units available for sale during the year equals to $3,150,000.
What is total cost of units?Basically, an unit cost means the total expenditure incurred by a company to produce, store and sell one unit of a particular product or service. Its includes all of the fixed and variable costs associated with the production of a good or service.
The computation of the number and total cost of units available for sale are as follows:
= 23,000 units in beginning inventory * $15
= $345,000
= 30,000 units purchased * $18
= $540,000
= 39,000 units purchased * $20
= $780,000
= 23,000 units purchased * $25
= $575,000
= 35,000 units purchased * $26
= $910,000
Therefore, for the 150,000 units, the cost available for sale equals to the amount of $3,150,000.
Missing wordings "Mar. 730,000 units at $18 each, May 2,539,000 units at $20 each, Aug. 123,000 units at $25 each, Nov. 1,035,000 units at $26 each. Requirement: Compute the number and total cost of the units available for sale during the year".
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banks decide to do away with fees charged to noncustomers when they use another bank's atm increasing there disposable income. if the fed wants to maintain the same federal funds rate, it should:
As banks decide to do away with fees charged to noncustomers when they use another bank's atm increasing there disposable income. if the fed wants to maintain the same federal funds rate, it should sell Treasury bills.
What is the Federal Funds Rate about?In economics, the federal funds rate means the target interest rate set by the Federal Open Market Committee and this target of the rate is at which the commercial banks borrow and lend their excess reserves to each other overnight.
The Federal Open Market Committee, which is the policymaking body of the Federal Reserve System meets 8 times a year to set the target federal funds rate which is part of its monetary policy and it is used to help promote economic growth.
The FOMC makes decisions about rate adjustments based on key economic indicators that may show signs of inflation, recession, or other issues that can affect sustainable economic growth and the indicators can include measures like the core inflation rate and the durable goods orders report.
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