1. Ben Brown bought a home for $225,000. He put down 20%. The mortgage is at 6 1/2% for 30 years. By using the table in the handbook, his monthly payment is __________.

$1,319.04

$1,319.40

$1,216.80

$1,139.40

2. Given the following: FIFO method - 16 units left in inventory
Jan. 1 Beginning inv 9 units at $105 = $ 945
Apr. 13 Purchased 14 units at $120 = $1,680
Sep. 17 Purchased 20 units at $130 = $2,600
Ded. 10 Purchased 14 units at $140 = $1,960

The cost of goods sold is __________.

$5,000

$10,000

$4,965

$5,225

3. Given: Sales $80,000, beginning inventory $5,000, Purchases $21,800, Purchase discounts $790, and Ending Inventory $5,100. The cost of merchandise sold from the following is __________.

$21,560

$20,190

$20,910

$21,650

4. The country of Blue needs $800,000 from property tax to meet its budget requirements. The total value of assessed property in Blue is $140,000,000. What is the tax rate of Blue in mills to nearest hundredth? (Be sure to round tax rate to nearest hundred thousandths before converting to mills.)

5.72

57.24

571.24

17.50

5. Angel Hart bought 190 shares of a mutual fund with a NAV of $14.10. This fund also has a load charge of 6 3/4%. What did Angel pay for the investment?

$2,697.00

$2,859.50

$2,895.00

$2,679.00

6. Given interest of $11,900 at 6% for 50 days (ordinary interest), one can calculate the principal as __________.

$1,428,005.70

$4,128,005.70

$1,428,05.70

$1,420.70

7. A truck costs $8,000 with a residual value of $1,000. The truck is expected to have a useful life of 70,000 miles. By assuming the truck is driven 15,000 miles the first year, what would the depreciation expense would be?

$1,714

$1,500

$1,174

$1,505

8. The difference between the monthly payments on a $120,000 home at 6 1/2% versus 8% for 25 years is __________. (Use the table in the handbook.)

$81.12

$151.02

$115.20

$91.12

9. Assume the mean useful life of a particular light bulb is 2,000 hours and is normally distributed with a standard deviation of 300 hours. The useful life of light bulbs within two standard deviations of the mean is __________.

between 1,700 and 2,300 hours

longer than 2,300 hours

longer than 1,700 hours

between 1,400 and 2,600 hours

10. 9.1% of a circle graph represents __________.

32.76 degrees

37.26 degrees

42 degrees

45 degrees

11. Today the price of a Jeep is $25,000. In 1970 the price was $5,000. What is the price relative?
Answer

600

166

500

400

1. Ben Brown bought a home for $225,000. He put down 20%. The mortgage is at 6 1/2% for 30 years. By using the table in the handbook, his monthly payment is __________.

$1,319.04

$1,319.40

$1,216.80

$1,139.40

2. Given the following: FIFO method - 16 units left in inventory
Jan. 1 Beginning inv 9 units at $105 = $ 945
Apr. 13 Purchased 14 units at $120 = $1,680
Sep. 17 Purchased 20 units at $130 = $2,600
Ded. 10 Purchased 14 units at $140 = $1,960

The cost of goods sold is __________.

$5,000

$10,000

$4,965

$5,225

3. Given: Sales $80,000, beginning inventory $5,000, Purchases $21,800, Purchase discounts $790, and Ending Inventory $5,100. The cost of merchandise sold from the following is __________.

$21,560

$20,190

$20,910

$21,650

4. The country of Blue needs $800,000 from property tax to meet its budget requirements. The total value of assessed property in Blue is $140,000,000. What is the tax rate of Blue in mills to nearest hundredth? (Be sure to round tax rate to nearest hundred thousandths before converting to mills.)

5.72

57.24

571.24

17.50

5. Angel Hart bought 190 shares of a mutual fund with a NAV of $14.10. This fund also has a load charge of 6 3/4%. What did Angel pay for the investment?

$2,697.00

$2,859.50

$2,895.00

$2,679.00

6. Given interest of $11,900 at 6% for 50 days (ordinary interest), one can calculate the principal as __________.

$1,428,005.70

$4,128,005.70

$1,428,05.70

$1,420.70

7. A truck costs $8,000 with a residual value of $1,000. The truck is expected to have a useful life of 70,000 miles. By assuming the truck is driven 15,000 miles the first year, what would the depreciation expense would be?

$1,714

$1,500

$1,174

$1,505

8. The difference between the monthly payments on a $120,000 home at 6 1/2% versus 8% for 25 years is __________. (Use the table in the handbook.)

$81.12

$151.02

$115.20

$91.12

9. Assume the mean useful life of a particular light bulb is 2,000 hours and is normally distributed with a standard deviation of 300 hours. The useful life of light bulbs within two standard deviations of the mean is __________.

between 1,700 and 2,300 hours

longer than 2,300 hours

longer than 1,700 hours

between 1,400 and 2,600 hours

10. 9.1% of a circle graph represents __________.

32.76 degrees

37.26 degrees

42 degrees

45 degrees

11. Today the price of a Jeep is $25,000. In 1970 the price was $5,000. What is the price relative?
Answer

600

166

500

400

Assessment Description

Each year
Fortune magazine publishes a "Most Admired" list of the top companies in the United States. Firms are rated on these eight dimensions: innovativeness, quality of management, long-term investment value, social responsibility to the community and the environment, people management, quality of products and services, financial soundness, wise use of corporate assets. International companies are rated on a ninth dimension: effectiveness in doing business globally.

For this assignment, select an organization with which you are familiar (you may choose an organization you frequently do business with or one where you currently or have previously worked). Then, choose one of the eight dimensions used to rate top U.S. companies in which the organization appears to be underperforming.

Compose a PowerPoint presentation of 12-15 slides.

Record your 7-10-minute presentation using YouTube Video, Loom, or Zoom. On the title slide of your PowerPoint presentation, provide the link to your YouTube, Loom, or Zoom video recording that you created. Your presentation should address the following:

1. Identify a major issue the organization is facing and in which of the eight dimensions it is underperforming

2. Explain the ramifications the underperformance is currently having on the organization. Identify the likely consequence of failure to improve in the selected dimension.

3. Analyze the relevance of the current organizational structure, design, and culture and their influence on organizational effectiveness, especially in relationship to the dimension in which the organization is struggling. Provide citations to support your analysis.

4. Determine whether the organization embodies the principles and values of conscious culture and management and its relevance to improving organizational function.

5. Present a plan to bring about necessary improvement using Kotter's eight-step change model.

6. Address possible challenges to the suggested change and your plans for managing those challenges. Explain how different subsystems need to be realigned in order to bring about the change.

7. Detail any lessons learned and evaluate strategies that you, as a manager, will either avoid or engage in when designing the structure, building culture, and managing change in your organization. Provide citations to support your claims.

Refer to the resource, "Creating Effective PowerPoint Presentations," located in the Student Success Center, for additional guidance on completing this assignment in the appropriate style.

You are required to use at least three academic references to strengthen and support your claims and recommendations. Ensure each content slide has supporting citations and specific examples.

While APA style is not required for the body of this assignment, solid academic writing is expected, and in-text citations and references should be presented using APA documentation guidelines, which can be found in the APA Style Guide, located in the Student Success Center.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are not required to submit this assignment to LopesWrite.

Benchmark Information

This benchmark assignment assesses the following programmatic competency:

MA/MSL; MBA, Accounting; MBA, Cybersecurity; MBA, Finance; MBA, Project Management; MBA, Sports Business; MBA, Strategic Human Resource Management

1.5: Evaluate Strategies for managing people within organizational systems.