Whether the natural imbalances can motivate the firms that are bitter rivals, to keep aside their competitive spirits and focus on cooperation and courtesy. Introduction: Times of crisis through natural imbalances in the world, which is inevitable such as the September 11, 2001 terrorist attack on the World Trade Center or the devastation from Hurricane Sandy in 2012 can instigate firms to let go of the competitive bitterness between each other and focus on picking up the scraps of the firms left after these attacks, and build up the corporate sector together again from scratch.

Question

Want to see more full solutions like this?

Answer 1

Question

Chapter 8, Problem 1DQ

Summary Introduction

To determine:

Whether the natural imbalances can motivate the firms that are bitter rivals, to keep aside their competitive spirits and focus on cooperation and courtesy.

Introduction:

Times of crisis through natural imbalances in the world, which is inevitable such as the September 11, 2001 terrorist attack on the World Trade Center or the devastation from Hurricane Sandy in 2012 can instigate firms to let go of the competitive bitterness between each other and focus on picking up the scraps of the firms left after these attacks, and build up the corporate sector together again from scratch.

Expert Solution & Answer

Answer to Problem 1DQ

The motivated behavior will not continue in the long run, as it is not the nature of business organizations because having a competitive advantage and earning profits is the way of survival of the organization.

Explanation of Solution

Given information:

Times of shared crisis between organizations in occurrence to natural imbalances in the world will tend to motivate and inspire firms to pick up the pieces left from the disasters together and get back on their feet from helping each other. The discussion is about whether this behavior would continue in the long run.

The natural behavior of profit motivated firms is being competitive and having a rivalry into being the best company in the industry. However, these indifferences would be put away once something occurs which is out of control of the firm such as a natural disaster or terrorist attack.

Firms would then look back at their destroyed businesses and buildings and everything they've built so far and stress on constructing the business from scratch to the top again. This would then create a symphony amongst all the firms which were affected and cause a realization amongst them that the only way to come back up is to help each other and build this sector together because all the resources and intellect would be required to erect this plan.

However after a period of time, once firms are back on their feet and does not require the need to lean against one another, they would then go back to the normal nature of firms on competitiveness and profit maximizing. This nature can then slowly tear away the harmonized motivation amongst the firms.

However, the bond created out of traumatizing experiencecan last for a long time, and competitiveness can be considered friendlier than cut-throat rivalry. This can be cherished by the organizations that faced the disaster together.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Students have asked these similar questions

Kim and Park (2011) argue that corporate social responsibility (CSR) activities not only have value for benefitting social causes but can also be regarded as recruiting tools for attracting potential employees who perceive the organization and its CSR activities as an ethical fit. The foundation of this argument comes from an organizational perspective that views employees as important assets for a corporation. Coming from this perspective would mean that corporations would be cognizant about the imperative to have an active CSR program that matches corporate values, missions, and cultures. Walmart Inc is the company of choice. What are Walmart Inc CSR activities? What do these activities communicate about Walmart Inc? Assess whether these activities are cause beneficial or cause exploitative? Give evidence for the answer. Would it be considered working for Walmart Inc?

The following cost data relate to the office overhead costs of Hamilton Accounting Services during the just-completed year: • Office rent: $32,400 Office supplies: $6,980 Utilities, office: $18,250 • Salary, office manager: $62,180 • Salary, receptionist: $40,560 • • Depreciation-office equipment: $13,750 Software licensing fees: $27,320 Other miscellaneous expenses: $35,600 Total overhead costs: $237,040 The company applies overhead costs using a predetermined overhead rate of $7 per accountant hour. A total of 36,200 accountant hours was recorded for the year. Compute the amount of under- or overapplied overhead cost for the year.

Describe the need for financial reports for the following stakeholders.a. The Community (3 marks)b. Creditors (4 marks)

Answer 2

Question

Chapter 8, Problem 1DQ

Summary Introduction

To determine:

Whether the natural imbalances can motivate the firms that are bitter rivals, to keep aside their competitive spirits and focus on cooperation and courtesy.

Introduction:

Times of crisis through natural imbalances in the world, which is inevitable such as the September 11, 2001 terrorist attack on the World Trade Center or the devastation from Hurricane Sandy in 2012 can instigate firms to let go of the competitive bitterness between each other and focus on picking up the scraps of the firms left after these attacks, and build up the corporate sector together again from scratch.

Expert Solution & Answer

Answer to Problem 1DQ

The motivated behavior will not continue in the long run, as it is not the nature of business organizations because having a competitive advantage and earning profits is the way of survival of the organization.

Explanation of Solution

Given information:

Times of shared crisis between organizations in occurrence to natural imbalances in the world will tend to motivate and inspire firms to pick up the pieces left from the disasters together and get back on their feet from helping each other. The discussion is about whether this behavior would continue in the long run.

The natural behavior of profit motivated firms is being competitive and having a rivalry into being the best company in the industry. However, these indifferences would be put away once something occurs which is out of control of the firm such as a natural disaster or terrorist attack.

Firms would then look back at their destroyed businesses and buildings and everything they've built so far and stress on constructing the business from scratch to the top again. This would then create a symphony amongst all the firms which were affected and cause a realization amongst them that the only way to come back up is to help each other and build this sector together because all the resources and intellect would be required to erect this plan.

However after a period of time, once firms are back on their feet and does not require the need to lean against one another, they would then go back to the normal nature of firms on competitiveness and profit maximizing. This nature can then slowly tear away the harmonized motivation amongst the firms.

However, the bond created out of traumatizing experiencecan last for a long time, and competitiveness can be considered friendlier than cut-throat rivalry. This can be cherished by the organizations that faced the disaster together.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Question

Chapter 8, Problem 1DQ

Summary Introduction

To determine:

Whether the natural imbalances can motivate the firms that are bitter rivals, to keep aside their competitive spirits and focus on cooperation and courtesy.

Introduction:

Times of crisis through natural imbalances in the world, which is inevitable such as the September 11, 2001 terrorist attack on the World Trade Center or the devastation from Hurricane Sandy in 2012 can instigate firms to let go of the competitive bitterness between each other and focus on picking up the scraps of the firms left after these attacks, and build up the corporate sector together again from scratch.

Expert Solution & Answer

Answer to Problem 1DQ

The motivated behavior will not continue in the long run, as it is not the nature of business organizations because having a competitive advantage and earning profits is the way of survival of the organization.

Explanation of Solution

Given information:

Times of shared crisis between organizations in occurrence to natural imbalances in the world will tend to motivate and inspire firms to pick up the pieces left from the disasters together and get back on their feet from helping each other. The discussion is about whether this behavior would continue in the long run.

The natural behavior of profit motivated firms is being competitive and having a rivalry into being the best company in the industry. However, these indifferences would be put away once something occurs which is out of control of the firm such as a natural disaster or terrorist attack.

Firms would then look back at their destroyed businesses and buildings and everything they've built so far and stress on constructing the business from scratch to the top again. This would then create a symphony amongst all the firms which were affected and cause a realization amongst them that the only way to come back up is to help each other and build this sector together because all the resources and intellect would be required to erect this plan.

However after a period of time, once firms are back on their feet and does not require the need to lean against one another, they would then go back to the normal nature of firms on competitiveness and profit maximizing. This nature can then slowly tear away the harmonized motivation amongst the firms.

However, the bond created out of traumatizing experiencecan last for a long time, and competitiveness can be considered friendlier than cut-throat rivalry. This can be cherished by the organizations that faced the disaster together.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 8, Problem 1DQ

Summary Introduction

To determine:

Whether the natural imbalances can motivate the firms that are bitter rivals, to keep aside their competitive spirits and focus on cooperation and courtesy.

Introduction:

Times of crisis through natural imbalances in the world, which is inevitable such as the September 11, 2001 terrorist attack on the World Trade Center or the devastation from Hurricane Sandy in 2012 can instigate firms to let go of the competitive bitterness between each other and focus on picking up the scraps of the firms left after these attacks, and build up the corporate sector together again from scratch.

Expert Solution & Answer

Answer to Problem 1DQ

The motivated behavior will not continue in the long run, as it is not the nature of business organizations because having a competitive advantage and earning profits is the way of survival of the organization.

Explanation of Solution

Given information:

Times of shared crisis between organizations in occurrence to natural imbalances in the world will tend to motivate and inspire firms to pick up the pieces left from the disasters together and get back on their feet from helping each other. The discussion is about whether this behavior would continue in the long run.

The natural behavior of profit motivated firms is being competitive and having a rivalry into being the best company in the industry. However, these indifferences would be put away once something occurs which is out of control of the firm such as a natural disaster or terrorist attack.

Firms would then look back at their destroyed businesses and buildings and everything they've built so far and stress on constructing the business from scratch to the top again. This would then create a symphony amongst all the firms which were affected and cause a realization amongst them that the only way to come back up is to help each other and build this sector together because all the resources and intellect would be required to erect this plan.

However after a period of time, once firms are back on their feet and does not require the need to lean against one another, they would then go back to the normal nature of firms on competitiveness and profit maximizing. This nature can then slowly tear away the harmonized motivation amongst the firms.

However, the bond created out of traumatizing experiencecan last for a long time, and competitiveness can be considered friendlier than cut-throat rivalry. This can be cherished by the organizations that faced the disaster together.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 8, Problem 1DQ

Summary Introduction

To determine:

Whether the natural imbalances can motivate the firms that are bitter rivals, to keep aside their competitive spirits and focus on cooperation and courtesy.

Introduction:

Times of crisis through natural imbalances in the world, which is inevitable such as the September 11, 2001 terrorist attack on the World Trade Center or the devastation from Hurricane Sandy in 2012 can instigate firms to let go of the competitive bitterness between each other and focus on picking up the scraps of the firms left after these attacks, and build up the corporate sector together again from scratch.

Expert Solution & Answer

Answer to Problem 1DQ

The motivated behavior will not continue in the long run, as it is not the nature of business organizations because having a competitive advantage and earning profits is the way of survival of the organization.

Explanation of Solution

Given information:

Times of shared crisis between organizations in occurrence to natural imbalances in the world will tend to motivate and inspire firms to pick up the pieces left from the disasters together and get back on their feet from helping each other. The discussion is about whether this behavior would continue in the long run.

The natural behavior of profit motivated firms is being competitive and having a rivalry into being the best company in the industry. However, these indifferences would be put away once something occurs which is out of control of the firm such as a natural disaster or terrorist attack.

Firms would then look back at their destroyed businesses and buildings and everything they've built so far and stress on constructing the business from scratch to the top again. This would then create a symphony amongst all the firms which were affected and cause a realization amongst them that the only way to come back up is to help each other and build this sector together because all the resources and intellect would be required to erect this plan.

However after a period of time, once firms are back on their feet and does not require the need to lean against one another, they would then go back to the normal nature of firms on competitiveness and profit maximizing. This nature can then slowly tear away the harmonized motivation amongst the firms.

However, the bond created out of traumatizing experiencecan last for a long time, and competitiveness can be considered friendlier than cut-throat rivalry. This can be cherished by the organizations that faced the disaster together.

Answer 6

Chapter 8, Problem 1DQ

Summary Introduction

To determine:

Whether the natural imbalances can motivate the firms that are bitter rivals, to keep aside their competitive spirits and focus on cooperation and courtesy.

Introduction:

Times of crisis through natural imbalances in the world, which is inevitable such as the September 11, 2001 terrorist attack on the World Trade Center or the devastation from Hurricane Sandy in 2012 can instigate firms to let go of the competitive bitterness between each other and focus on picking up the scraps of the firms left after these attacks, and build up the corporate sector together again from scratch.

Expert Solution & Answer

Answer to Problem 1DQ

The motivated behavior will not continue in the long run, as it is not the nature of business organizations because having a competitive advantage and earning profits is the way of survival of the organization.

Explanation of Solution

Given information:

Times of shared crisis between organizations in occurrence to natural imbalances in the world will tend to motivate and inspire firms to pick up the pieces left from the disasters together and get back on their feet from helping each other. The discussion is about whether this behavior would continue in the long run.

The natural behavior of profit motivated firms is being competitive and having a rivalry into being the best company in the industry. However, these indifferences would be put away once something occurs which is out of control of the firm such as a natural disaster or terrorist attack.

Firms would then look back at their destroyed businesses and buildings and everything they've built so far and stress on constructing the business from scratch to the top again. This would then create a symphony amongst all the firms which were affected and cause a realization amongst them that the only way to come back up is to help each other and build this sector together because all the resources and intellect would be required to erect this plan.

However after a period of time, once firms are back on their feet and does not require the need to lean against one another, they would then go back to the normal nature of firms on competitiveness and profit maximizing. This nature can then slowly tear away the harmonized motivation amongst the firms.

However, the bond created out of traumatizing experiencecan last for a long time, and competitiveness can be considered friendlier than cut-throat rivalry. This can be cherished by the organizations that faced the disaster together.

Answer 7

Chapter 8, Problem 1DQ

Summary Introduction

To determine:

Whether the natural imbalances can motivate the firms that are bitter rivals, to keep aside their competitive spirits and focus on cooperation and courtesy.

Introduction:

Times of crisis through natural imbalances in the world, which is inevitable such as the September 11, 2001 terrorist attack on the World Trade Center or the devastation from Hurricane Sandy in 2012 can instigate firms to let go of the competitive bitterness between each other and focus on picking up the scraps of the firms left after these attacks, and build up the corporate sector together again from scratch.

Answer 8

Expert Solution & Answer

Answer to Problem 1DQ

The motivated behavior will not continue in the long run, as it is not the nature of business organizations because having a competitive advantage and earning profits is the way of survival of the organization.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Explanation of Solution

Given information:

Times of shared crisis between organizations in occurrence to natural imbalances in the world will tend to motivate and inspire firms to pick up the pieces left from the disasters together and get back on their feet from helping each other. The discussion is about whether this behavior would continue in the long run.

The natural behavior of profit motivated firms is being competitive and having a rivalry into being the best company in the industry. However, these indifferences would be put away once something occurs which is out of control of the firm such as a natural disaster or terrorist attack.

Firms would then look back at their destroyed businesses and buildings and everything they've built so far and stress on constructing the business from scratch to the top again. This would then create a symphony amongst all the firms which were affected and cause a realization amongst them that the only way to come back up is to help each other and build this sector together because all the resources and intellect would be required to erect this plan.

However after a period of time, once firms are back on their feet and does not require the need to lean against one another, they would then go back to the normal nature of firms on competitiveness and profit maximizing. This nature can then slowly tear away the harmonized motivation amongst the firms.

However, the bond created out of traumatizing experiencecan last for a long time, and competitiveness can be considered friendlier than cut-throat rivalry. This can be cherished by the organizations that faced the disaster together.

Answer 12

Ch. 8 - Prob. 1DQ Ch. 8 - Prob. 2DQ Ch. 8 - Prob. 3DQ Ch. 8 - Prob. 4DQ Ch. 8 - Prob. 5DQ Ch. 8 - Prob. 6DQ Ch. 8 - Prob. 7DQ Ch. 8 - Prob. 8DQ Ch. 8 - Prob. 9DQ Ch. 8 - Prob. 10DQ

Answer to Problem 1DQ

Explanation of Solution

Want to see more full solutions like this?

Chapter 8 Solutions