Answer: a. Simple to functional to multidivisional structures
Explanation:
An Organisational structure refers to how tasks flow in a company to enable them to achieve their goals.
As a company grows, they tend to go through different types of structures which fit their size and enable them to reach their goals better.
They generally start with the Simple Structure which is very common in smaller businesses. Here most decisions are centred on the owner. The owner as the proprietor is in charge of coming up with basically everything to push the business forward.
As the company grows they switch to a Functional Structure. This is when the company will be structured by function to enable better specialization and divisions of labour. Examples of separation by function include, IT Department, Marketing Department, Production Department etc.
If the growth continues the company finds it best to specialize even more and this is when Multidivisional Structures kick in. In a Multidivisonal Structure, the company divides itself into different divisions while maintaining a parent company. The Divisions are fairly independent and pursue different goals and products but all under the direction of the parent company. An example is Google splitting into divisions with Alphabet Inc being the Parent Company and Divisions such as Google, Calico, Deepmind and Waymo being created.
On the 24th, a shooting incident occurred at a high school in St. Louis, Missouri, my country. A 19-year-old gunman opened fire on the campus, causing 2 deaths and 7 injuries, and was eventually shot dead by the police.
On October 25, St. Louis Mayor Tishaura Jones said that gun violence continues to take the lives of children and children in our country, and its severity is enough to become a "national emergency" and the government should take action. Police said at a news conference that day that the gunman was Orlando Harris, a 19-year-old male who just graduated from the high school last year.
The deaths at the high school in St. Louis, Missouri, United States show that an argument can indeed be made for tighter gun controls in the country.
Should there be tighter gun controls in the United States?The most recent tragedy that resulted from gun violence in the United States, was the killing of two people at the Central Visual and Performing Arts High School, St. Louis, Missouri, by a previous student of the school.
Over the years, there have been other instances of gun violence in American schools including the shooting at Uvalde, Texas that led to the deaths of 19 children.
The United States has the highest rates of gun ownership in the entire world as well as one of the highest rates for mass shooting. This means that there must be a correlation between the two. Nations that have tighter gun controls have lower rates of mass shooting.
There is therefore a good enough argument that the United States should introduce stricter and tighter gun controls in order to reduce the incidence of mass shootings, especially at schools.
The rest of the question is:
Does this shooting add more evidence for the argument for tighter gun control or less?
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Pilot Motors Corporation is an automobile manufacturer. The company produces its own motors, tires, and other automobile parts. Pilot has the opportunity to purchase tires from another manufacturer instead of producing the tires in its own facility. This type of decision is typically known as a(n):
Answer:
Outsourcing decision
Explanation:
Outsourcing is a practice by companies where products or services are obtained from third parties rather than being obtained internally.
The main aim of outsourcing is to reduce cost.
When it is cheaper to obtain a service for a particular job role, rather than training new staff to fill the position. The company is practising outsourcing.
In the given scenario Pilot has the opportunity to purchase tires from another manufacturer instead of producing the tires in its own facility.
This is an outsourcing decision most likely to reduce cost of producing automobile parts internally.
A company purchased $3,300 of merchandise on July 5 with terms 3/10, n/30. On July 7, it returned $900 worth of merchandise. On July 12, it paid the full amount due. Assuming the company uses a perpetual inventory system, and records purchases using the gross method, the correct journal entry to record the payment on July 12 is:
The correct journal entry would be Debit Accounts Payable $2,300 ; Credit Merchandise Inventory $46 and Credit Cash $2,254.
A bookkeeping method known as the double entry or journal entry involves recording transactions in two or more accounts. The majority of transactions involve two accounts. The difference between the two accounts gets credited to the other. Moreover, both accounts could be credited or debited. More than two entries may be necessary for some transactions. The transactions that have an impact on more than two accounts are those. For instance, things that are discounted or that are partially paid for with credit and partially with cash. Compound entries are used in the journals for these transactions.
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The complete question is: A company purchased $3,200 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $900 worth of merchandise. On July 12, it paid the full amount due. Assuming the company uses a perpetual inventory system, and records purchases using the gross method, the correct journal entry to record the payment on July 12 is:
In 2005, BridgePort Brewing Company expanded sales of its BridgePort India Pale Ale, and BridgePort Black Strap Stout into Alabama, Georgia, Kansas, Minnesota, Missouri, North Carolina, Oklahoma, Tennessee and Texas. These states will join BridgePort's current distribution markets of Alaska, Arizona, California, Colorado, Idaho, Montana, New Mexico, Oregon, and Washington. When the brewery allocated resources to increase its production and distribution, it would have relied on which of the following management functions?
Answer: organizing
Explanation:
When the brewery allocated resources to increase its production and distribution, the management function that it'll have relied on is organizing.
First and foremost, we should note that the management functions usually include:
• planning,
• organizing,
• leading, and
• controlling.
The organizational skills is vital in order for the company to runs smoothly. Organizing has to do with the establishment of internal processes in order to know the workers that fits a particular position.
Also, the management makes sure that everyone are organized and that workers are working hard towards the accomplishment of company's goals.
in international trade the Monopoly tendency appearing in which form
Answer:A monopoly is a firm who is the sole seller of its product, and where there are no close substitutes. An unregulated monopoly has market power and can influence prices. Examples: Microsoft and Windows, DeBeers and diamonds, your local natural gas company.
Explanation:
In international trade monopoly appears in the form of a single seller or producer of a commodity which has no close substitute.
The monopolist is the one that is responsible for setting the price here. He has no competitors. What he sets is what the market buys at.
In such a market only one company renders its service or goods to the entire market. The company usually enjoys abnormal profit due to the reasons that I have stated above.
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How does the microeconomic environment affect your daily life? What can you do to live a better life after completing this course? What was your biggest “take-away” from our class?
The microeconomic environment affects your daily life as they talk about the demand and the supply of the commodity and the prices.
What is the microeconomic environment?The term "microeconomic environment" describes variables that have an impact on certain businesses or consumers. They don't impact the entire business, but they might have had an impact on certain businesses.
Businesses use microeconomics to determine their rates or other strategic choices. Customers' willingness to pay a certain price is dependent on the availability of a certain commodity, like a home or a class, as well because of how lot other people are capable of paying for it.
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A consumer values a car at $30,000 and a producer values the same car at $20,000. If the transaction is completed at $24,000, what level of sales tax will result in unconsummated transaction
Answer:
Dear user,
Answer to your query is provided below
$4000 sales tax
Explanation:
In question, a consumer values a car at $30,000 and a producer values the same car at $20,000. If the transaction is completed at $24,000, then the transaction will generate:
$6,000 worth of buyer surplus and $4,000 of seller surplus.
$4000 sales tax will result in unconsummated transaction.
Last year Electric Autos had sales of $100 million and assets at the start of the year of $150 million. If its return on start-of-year assets was 15%, what was its operating profit margin?
Answer:
22.50%
Explanation:
Amount of return on asset = Rate of return * Asset value
Amount of return on asset = 15% * $150 million
Amount of return on asset = $22.5 million
Operating profit margin = Amount of return on asset / Sales
Operating profit margin = $22.5 million / $100 million
Operating profit margin = 0.225
Operating profit margin = 22.50%
what are other information that should be included in the deposit and withdrawal forms?
Answer:
account number needed , name of bank, withdrawing needs pin e.t.c
Explain the technique to make change in counter transactions correctly.
Answer:
The correct ways to prepare a customer's change over the counter are:
Explanation:
1. In the cash drawer, store each denomination together in a section
2. As you receive cash, straighten them out and arrange them uniformly. Let every bill be faced in the same direction.
3. Deduct the total price of goods bought from the total amount handed to you by the customer.
4. The result from the above calculation is the customer's change.
5. Peek into the cash drawer and neatly pick out the notes or bills that make up this amount.
6. Carefully replace the shifted bills or coins in the drawer.
7. Place your hands on the desk or in sight of the customer and count the change for them to see.
8. Hand it over to the customer!
the amount of accelarated death benefits that will be paid to an insured
Answer:
hope this will help you
Explanation:
Accelarated death benefits can be as high as 95% of the death benefits. Typically the insurance company sets a maximum benefit account based on life expectancy and , the policyholder make the final decision of how much a finanical advance they require. Accelarated death benefits are not taxed
Which of the following problems are likely to be encountered in distribution?
i) Spoilage of goods
ii) Inadequate warehousing
iii) Ineffective communication
Match the terms with the appropriate definition.
1. arbitration
desired outcome or achievement
2. bilingual
ability to use two languages fluently
3. compromise
the act of training an employee to also perform tasks performed by another employee
4. constructive criticism
activities outside the scope of your education or employment that enhance personal development and pleasure
5. cross-training
when a third party is consulted to make a final decision in resolving a conflict
6. extracurricular activities
explaining an error to another person in a positive way and offering ideas to avoid similar mistakes in the future
7. goal
to give up something to resolve a conflict
Answer:
1. goal
2.correct
3.cross training
4.extracurriculars
5.arbitration
6.constructive criticism
7.compromise
He's a cat in boots and he don't wear socks but he does his little business in a litter box yes his little business in a litterrrr boxxxxx his business that I will not dicuss (might not know where this is from )
Answer:
what the heck is this?? lol
Explanation:
"Group decision making is better". Do you agree or disagree with the statement? Give 3 reasons why do you say so?
Answer:
I agree because it make the group bring out more ideals
sometimes group decision make some people to voice out their problems
group decision help organization and firms to operate in good aims
10 principles of economics
The 10 principles of economics were given by Gregory Mankiw.
These principles are:
People face tradeoffs: it means that to get one thing, one has to give up on another thing.The cost of Something is What You Give Up to Get It: it refers to the opportunity cost you incur on doing something else. Rational people think at the margin: considering the marginal cost of the product.People Respond to Incentives Trade Can Make Everyone Better Off: trading helps a country in being self-sufficient and enjoying more goods and services. Markets Are Usually a Good Way to Organize Economic Activity. Governments Can Sometimes Improve Economic Outcomes: Government can intervene to allocate resources efficiently.The Standard of Living Depends on a Country's Production: the standard of living increases as the consumption of goods and services, increases.Prices Rise When the Government Prints Too Much Money: when there's a lot of money flowing the market, it will increase the demand for goods which will increase the cost of goods, ultimately leading to inflation.Society Faces a Short-Run Tradeoff Between Inflation and Unemployment.Learn more about "Principles of economics":
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You want to start a Business, but you are unaware about the Business risk. Analyze the factors that cause Business risks.
Answer:
Business risks can be caused by a variety of factors, including economic conditions, market fluctuations, regulatory changes, and natural disasters. It's important to understand these risks before starting a business so that you can take appropriate measures to mitigate them.
Explanation:
incurred the following costs during 2010. these costs were incurred to produce 30,000 units of product. variable manufacturing overhead was 90% of the direct material cost. what is the total product cost for 2021
Answer:
b. $517,344
Explanation:
Note: The full question is attached as picture
Total product cost for 2021
Particulars Amount $
Direct materials cost 5.9
(150,000/30,000)*118%
Direct labor 6.0
(180000/30000)
Variable manufacturing overhead 5.31
((150000*90%/30000)*118%)
Fixed manufacturing overhead 4.3460
((258000-(150000*90%)/3000)*106%)
Total product cost per unit $21.5560
Number of units produced = 24,000 units
So, the total product cost = Total product cost per unit * Number of units produced = $21.5560 * 24,000 units = $517,344.
Critical Thinking
7. Classify Identify the factor of pro-
duction represented by each of the
following: (a) fishing waters, (b) an
office building, (c) clerks in a store,
(d) a tractor, (e) a student in a cook-
ing school. Explain.
Quic
10. Loo
Wo
list
ar
n
8. Infer If companies can become
more productive by increasing their
physical capital, why would a com-
pany not buy up-to-date computers
for all employees each year?
9. Apply Think of a good or service
that you consumed today. List at
least five factors of production used
to produce that good or service.
Include at least one example each of
land, labor, and capital.
7. The production factor are, (a) fishing waters Land, (b) an office building Capital, (c) clerks in a store Labor, (d) a tractor Capital, (e) a student in a cooking school Entrepreneurship.
What is factor of production?There are four factors of production namely, land, labor, capital and entrepreneurship.
8. Infer If companies can become more productive by increasing their
physical capital, why would a company not buy up-to-date computers
for all employees each year?
Companies can become more productive if they keep their assets up to date, but the assets have a specific life and can be used up to it. The assets must be utilized for its specific life to minimize the expenses and maximize the profit.
9. Apply Think of a good or service that you consumed today. List at
least five factors of production used to produce that good or service.
Include at least one example each of land, labor, and capital.
I consumed food today this included more than five factors of production, the food was cooked by a chef this is labor, the food was cooked in a kitchen that was the land, the food was served in a restaurant that is the entrepreneurship and the food was prepared by mixing many ingredients for example, rice, meat and spices this make the capital.
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If a local gas station was to upgrade their pos system what would be the cost and the benefits of upgrading their pos system?
If a local gas station was to upgrade their gas pumps what would the cost and benefits of upgrading their gas pumps be?
Upgrading the POS system:
The price to upgrade the POS system at a neighbourhood petrol station will vary depending on the size of the station, the required number of registers, and the features wanted. A new POS system typically costs several thousand dollars, plus there are continuing costs for software and support.
However, the advantages of upgrading can include increased sales and inventory tracking accuracy, quicker transaction processing times, and the capacity to provide customers with more payment options.
Additionally, a new POS system may provide more powerful reporting and analytics tools, empowering station owners to make better commercial decisions.
Upgrading the gas pumps:
It may be more expensive to upgrade the petrol pumps at a neighbourhood petrol station than the POS system. The price of upgrading can run from tens of thousands to hundreds of thousands of dollars, depending on the quantity of pumps and the desired features.
However, advantages can also include increased safety features like leak detection systems and automatic shutoff valves, which can help the station save money over time on fuel costs.
A better customer experience and higher sales can result from upgraded petrol stations, which can also provide more payment alternatives and quicker transaction processing times. The precise needs of the petrol station and the available budget will determine the cost and advantages of modernising the petrol pumps.
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The stock style box classifies individual stocks by growth, value, and core.
The stock mutual fund style box classifies individual stocks by value, growth,
and blend. These are often referred to as the equity style box. Together, the
vertical and horizontal axes can be used to classify a mutual fund into 1 of _______categories.
Together, the vertical and horizontal axes can be used to classify a mutual fund into 1 of nine categories.
The stock style box classifies individual stocks by growth, value, and core. The stock mutual fund style box classifies individual stocks by value, growth, and blend. These are often referred to as the equity style box. Together, the vertical and horizontal axes can be used to classify a mutual fund into one of nine categories.
The nine categories are large growth, large blend, large value, mid-cap growth, mid-cap blend, mid-cap value, small growth, small blend, and small value. It is common for investors to use the style box to classify mutual funds, which provides a useful way to understand the risk and return characteristics of an investment.The style box is divided into three parts, the vertical axis, the horizontal axis, and the grid that is formed by these two axes.
The vertical axis represents a market capitalization scale and can be divided into three categories: large-cap, mid-cap, and small-cap. The horizontal axis represents a value versus growth scale and can also be divided into three categories: value, blend, and growth.
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You had seven different investment options in the game. The most diversified portfolio would include all of these various options. On average, should this diversified portfolio have the highest return? Why or why no
Someone, had seven different investment options in the game. The most diversified portfolio would include all of these various options. On average, should this diversified portfolio have the highest return are mutual fund.
What is investment?
An investment is a valuable item bought with the intention of increasing one's wealth. While stocks, bonds, and real estate are frequently included when discussing investments.
An investment option in the games is diversified portfolio are the different options such as mutual funds, bonds, and the stocks etc. But, the mutual funds are the highest returns in the future.
As a result, average, should this diversified portfolio have the highest return are mutual fund.
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Warren Co. recorded a right-of-use asset of $780,000 in a 10-year finance lease. The interest rate charged by the lessor was 10%. The balance in the right-of-use asset after 2 years will be:
Answer: $624000
Explanation:
From the question, we are informed that Warren Co. recorded a right-of-use asset of $780,000 in a 10-year finance lease and that the interest rate charged by the lessor was 10%.
The balance in the right-of-use asset after 2 years will be calculated as:
= $780,000 - [($780,000/10) × 2]
= $780,000 - ($78000 × 2)
= $780,000 - $156,000
= $624000
Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply.
a. Uncle Paul pays a domestic contractor for renovating his home.
b. Aunt Jane buys a new house from a local builder.
c. You purchase a box of Belgium chocolate.
d. Ford manufactures a Focus and sells it to Avis, the car rental company.
e. You pay a domestic plumber for fixing a leak in your bathroom.
f. Ford sells a Mustang from its inventory to the Martinez family.
g. California hires workers to repave Highway 101.
h. The federal government sends your grandmother a Social Security check.
1. Consumption
2. Investment
3. Government Purchases
4. Net Exports
Answer and Explanation:
As we know that
Gross domestic product = Consumption + Investment + Government purchase + Net exports
where,
Net exports = Exports - imports
a. Uncle Paul pays a domestic contractor to have his house renovated. = Consumption
b. Aunt Jane buys a new house from a nearby building firm. = Investment
c. You buy chocolate from Belgium in a box. = Consumption & net exports
d. Ford is making a Focus and marketing it to Avis, the car rental company. = Investment
To fix a leak in your bathroom you pay a domestic plumber. = Consumption
e. Ford is selling a Mustang to the Martinez family from its inventory. = Consumption and investment
f. California is hiring people to repave Highway 101. = Government purchase
g. The Federal government is sending a Social Security check to your grandmother. The same is not involved in GDP as it has transfer payment
According to the conditions, Uncle Paul pays a domestic contractor for renovating his home - Consumption. Thus, the correct transactions that affect a-1, b-2, c-1&4, d-2, e-1, f-1&2, g-3, h-No affect.
Utilizing resources to fulfill present needs and desires is referred to as consumption. In contrast, investing is making purchases in order to generate future revenue.
An asset is considered an investment if it is bought or invested in with the intention of increasing financial security and preserving hard-earned income.
Government purchases are things that the federal, state, and municipal governments spend money on.
The difference between a country's exports and imports in dollars over a specific time period is known as net exports.
Therefore, the following transactions with their effect are as follows:
a-1, b-2, c-1&4, d-2, e-1, f-1&2, g-3, h-No affect.
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M. Bonita Corporation has 19,000 shares of 8%, $100 par value, cumulative preferred stock outstanding at December 31, 2022. No dividends were declared in 2020 or 2021. If M. Bonita wants to pay $490,000 of dividends in 2022, what amount of dividends will common stockholders receive?
Answer:
$135,000 (375,000- 240,000) (80,000 *2 + 80,000 = 240,000)
Comprehensive Problem 2 Part 4 and 6: Note: You must complete parts 1, 2 and 3 before attempting to complete part 4 and part 6. Part 5 is an optional work sheet. 4. At the end of May, the following adjustment data were assembled. Analyze and use these data to complete Part 6. a. Merchandise inventory on May 31 $585,200 b. Insurance expired during the year 12,000 c. Store supplies on hand on May 31 4,000 d. Depreciation for the current year 14,000 e. Accrued salaries on May 31: Sales salaries $7,000 Office salaries 6,600 13,600 f. The adjustment for customer refunds and allowances is $60,000. 6. Journalize the adjusting entries. If an amount box does not require an entry, leave it blank. Post the adjusting entries to the attached spreadsheet you used in parts 1 and 2.
Relevant Question:
At the end of May, the following adjustment data were assembled.
a. Merchandise inventory on May 31 $585,200
b. Insurance expired during the year 12,000
c. Store supplies on hand on May 31 4,000
d. Depreciation for the current year 14,000
e. Accrued salaries on May 31: Sales salaries $7,000 Office salaries 6,600 13,600
f. The adjustment for customer refunds and allowances is $60,000.
Stores Supplies at the beginning of May is $11,400.
Journalize the adjusting entries. If an amount box does not require an entry, leave it blank.
Answer:
Journal Entries:
a. No Journal Entry
b. Debit Insurance Expense $12,000
Credit Prepaid Insurance $12,000
To record the insurance expense for the year.
c. Debit Supplies Expense $7,400
Credit Store Supplies $7,400
To record the supplies expense ($11,400 - $4,000) for the year.
d. Debit Depreciation Expense $14,000
Credit Accumulated Depreciation $14,000
To record the depreciation expense for the year.
e. Debit Sales Salaries Expense $7,000
Debit Office Salaries Expense $6,600
Credit Salaries Payable $13,600
To record the accrued salaries for the year.
f. Debit Customer Refunds and Allowances Expenses $60,000
Credit Customer Refunds and Allowances $60,000
To record the expense for customer refunds and allowances.
Explanation:
The journal entries record the business transactions as they occur daily. Accounts are identified based on the accounting equation and the double-entry system of accounting. For every transaction, two or more accounts are recorded, with some debited and others credited accordingly.
Crane Company offered detachable 5-year warrants to buy one share of common stock (par value $5) at $20 (at a time when the stock was selling for $30). The price paid for 700, $1,000 bonds with the warrants attached was $810000. The market price of the Crane bonds without the warrants was $710000, and the market price of the warrants without the bonds was $71800. What amount should be allocated to the warrants
Answer:
$ 74,389.87
Explanation:
It is given that :
The cost of 700, $1000 bonds with warrant attached to the bond = $810,000
The cost of Crane bonds with warrant = $710,000
The cost of market price of the warrants without bonds = $71,800
Therefore, the amount should be allocated to the warrants :
\($=\frac{\$71,800}{\$71,800+\$710,000}\times \$ 810,000$\)
\($=\frac{\$71,800}{\$781,800}\times \$ 810,000$\)
= $ 74,389.87
is an important factor when
According to your reading material,
looking at your market and its needs.
a.
b.
location
capital
insurance
timing
d.
Answer:
Explanation:
insurance
According to your reading material, insurance Is an important factor when looking at your market and its needs. Option C is the correct answer.
While factors like location, capital, and timing are important considerations, insurance is also a crucial factor to take into account when assessing your market and its needs. Insurance provides protection and risk management for your business, its assets, and potential liabilities. Option C is the correct answer.
Having appropriate insurance coverage helps safeguard your business against unexpected events, such as accidents, property damage, legal claims, or disruptions to operations. It provides financial protection and peace of mind, allowing you to focus on meeting your market's needs without the constant worry of potential losses. Insurance coverage can vary depending on the nature of your business and industry. Common types of insurance include general liability insurance, property insurance, professional liability insurance, and workers' compensation insurance.
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The complete question is, " According to your reading material, ______ Is an important factor when looking at your market and its needs.
a. location
b. capital
c. insurance
d. timing"
what does business mean
Answer:
business is a kind of saling introducing the product of any country and another nations who like to buy and approve the product.
Which of the various interpersonal skills is most important? Justify your answer.
Explanation:
Communication. One of the most important interpersonal skills in any job is communication. Whether you work in IT, customer service, construction, or any other industry, you will need to be able to communicate clearly and effectively with others through both oral and written communications.
Communication is the most important interpersonal skill.
What is interpersonal skill?The actions and strategies a man does to communicate with one another successfully are known as interpersonal skills. People constantly contact others when doing so, whether that is at jobs, in social environments, or even within their families.
Communication is one of the most important interpersonal skills that a person can have. As it helps in telling what the person is wanted to tell. It also helps in understanding. It develops empathy as well as emotional intelligence.
As communication is good it would help to convey the message that you want to portray to another being. It helps in developing the personality and to most of the people nowadays used. Communication comes under the category of interpersonal skills.
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