_______________________ are cultural obstacles that make it difficult for two organizations to join together.
What will be an ideal response?
Mergers and acquisitions hindrances
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A ledger:
a. is a "book of accounts." b. will have total assets equal to total liabilities and equity once revenue and expense accounts have been closed. c. summarizes all transactions related to specific accounts. d. All of the choices are true of the ledger. e. None of the choices are true of the ledger, but are true of master (control) accounts.
On December 31 of the current year, Plunkett Company reported an ending inventory balance of $215,000. The following additional information is also available:Plunkett sold and shipped goods costing $38,000 to Savannah Enterprises on December 28 with shipping terms of FOB shipping point. The goods were not included in the ending inventory amount of $215,000.
Plunkett purchased goods costing $44,000 on December 29. The goods were shipped FOB destination and were received by Plunkett on January 2 of the following year. The shipment was a rush order that was supposed to arrive by December 31. These goods were included in the ending inventory balance of $215,000. Plunkett's ending inventory balance of $215,000 included $15,000 of goods being held on consignment from Carole Company. (Plunkett Company is the consignee.) Plunkett's ending inventory balance of $215,000 did not include goods costing $95,000 that were shipped to Plunkett on December 27 with shipping terms of FOB destination and were still in transit at year-end. Based on the above information, the amount that Plunkett should report in ending inventory on December 31 is: A. $200,000 B. $156,000 C. $171,000 D. $194,000 E. $209,000
Kastner Lumber Ltd. supplies lumber to Solti Construction Corp Solti gets into financial difficulty and Kastner pressures it to return the lumber sent but not paid for. One month after returning the lumber, Solti goes bankrupt
Solti's trustee in bankruptcy wants to recover the value of the returned lumber from Kastner. Which of the following is TRUE? A) Since it was Kastner's lumber, it had the right to its return. B) The return was a fraudulent preference and the trustee will be successful in its claim. C) The lumber was returned before the bankruptcy and therefore the trustee has no claim to it. D) The lumber was owned by Solti, but since it had not paid for it, Kastner had the right to its return. E) Kastner and Solti were not dealing at arm's length, so the trustee has the right to have the return of the lumber nullified.
Which of these behaviors is indicative of group maintenance?
A) Stimulating communication B) Clarifying communication C) Process analyzing D) Process structuring