26. Organization_refers to a system of shared norms, beliefs, values, and assump

Question

26. Organization_refers to a system of shared norms, beliefs, values, and assump which bind people together, thereby creating shared meanings 27. Successful requires strong links among mission statements, goals, objectives, and strategies. 28. The financial model measures the current value of all cash inflows and outflows using management's minimum desired rate of return. 29. The initial stage in the Project Life Cycle is the stage 30. Project managers are expected to ensure that appropriate trade-offs are made between the time, cost, and requirements of the project IV. Work the following problems (10 Points each) Total 40 points Use extra paper if necessary to show work. 31. A five-year project has a projected net cash flow of $15,000, s25,000, $30,000, $20,000, and $15,000 in the next five years. It will cost $75,000 to implement the project. If the required rate of return is 20 percent, conduct a discounted cash flow calculation to determine the NPV 32. Carper Company is considering a capital investment of $400,000 in additional productive facilities The new machinery is expected to have useful life of 6 years with no salvage value. Depreciation is by the straight-line method. During the life of the investment, annual net income and net annual cash flows are expected to be $25,000 and $90,000, respectively. Carper has an 12% cost of capital rate, which is the required rate of return on the investment.

Explanation / Answer

26. The correct answer is culture.

Organizational culture is nothing but the collection of assumptions, values and beliefs which gives the clear picture to people as how to behave in organization. These shared assumptions, values and beliefs influence the people in the organization to depict right kind of behavior in order to perform their jobs better.

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