Nonaka (2001) and others applied Polanyi’s concept of explicit and tacit knowledge but adapted it for management. How does Nonaka conceptualize the concept of tacit knowledge?
a. The formalized, accessible knowledge that can be thought, communicated and shared
b. The process of learning, forgetting and memorizing what we do and say
c. The underlying personal beliefs, values, and prescriptions that individuals take for granted
d. The knowledge that comes with learning how to do things
c. The underlying personal beliefs, values, and prescriptions that individuals take for granted
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Sam Jones is the president of Apollo Finance, a payday lender. The company's proxy statement contains the following description of Mr. Jones' pay package.Mr. Jones is eligible for an annual incentive bonus equal to 1% of Net Income of the company and is eligible for an additional bonus based upon annual increases in EPS only after earnings exceed 15% over the prior year. The additional bonus is determined as follows:EPS Growth Additional BonusEPS increases up to 14.9% $0EPS increases of 15.0% to 24.9% 2% of the earnings increase from the prior yearEPS increases of 25.0% to 34.9% 3% of the earnings increase from the prior yearEPS increases above 35.0% 4% of the earnings increase from the prior yearAssume no change in the number of shares of outstanding stock during the
year.Required:a. Suppose that Apollo Finance had $75 million of Net Income for the year. How much of a bonus would Mr. Jones receive if the EPS increase for the year was 12%?b. Suppose that Apollo Finance had $75 million of Net Income for the year. How much of a bonus would Mr. Jones receive if the EPS increase for the year was 28%? What will be an ideal response?
A high level of investment is needed to sustain growth during which retail life cycle stage?
a. decline b. introduction c. accelerated development d. maturity
Time is a dimension that is perceived the same across cultures
Indicate whether the statement is true or false
The balances of select accounts of Stephanie, Inc. as of December 31, 2016 are given below
Debit Credit Building $100,000 Cash 8,000 Office Supplies 800 Furniture 6,000 Prepaid Insurance 500 Accumulated Depreciation-Furniture $4,000 Land 33,000 Accumulated Depreciation-Building 4,700 Accounts Receivable 4,000 What amount of total long-term assets would be shown on the balance sheet? A) $100,000 B) $130,300 C) $133,000 D) $139,000