The base of departmentalization used in Business Design is matrix departmentalization.
Matrix departmentalization is a type of organizational structure where employees are grouped based on both functional areas and projects. In Business Design, employees are assigned to temporary teams, indicating the presence of project-based departments. Each member reporting to two bosses suggests a dual reporting structure, where employees have a functional boss representing their expertise area and a project boss representing the temporary team they are assigned to. This matrix structure allows for high flexibility and collaboration across different functions and projects, enabling employees to work on multiple initiatives simultaneously.
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Which best explains how consumers purchases influence the decisions of
producers?
Producers can judge whether they have an efficient production process based
on what consumers buy.
Producers can determine how best to reduce waste by knowing what consumers
don't buy
Producers can predict the effects of new technologies based on the
technologies used by consumers.
Producers can figure out what consumers are willing to pay based on what they
buy
WU
Answer:
Producers can figure out what consumers are willing to pay based on what they buy
3. (20 points) you deposit $5000 at the beginning of every year into a retirement annuity that pays 9% interest per year, compounded annually. you want to retire when your annuity first reaches or exceeds $1 million. use a loop to find the years you will be able to retire with this plan? (use a loop)
The output of this program is: You will be able to retire in year 33.
What is retire?Retirement is the process of leaving one's job or ceasing to work after reaching a certain age. It is a major life event that typically occurs after a person has worked for many years. Retirement is a period in life when a person no longer works and is usually accompanied by a decrease in income. During retirement, individuals typically have more free time, allowing them to pursue hobbies, travel, or other activities. Retirement can also be a time for people to reflect on their lives and plan for their future.
We can use a while loop to solve this problem as shown below:
```
# Initializing the retirement annuity
retirement_annuity = 5000
# Initializing the year when the retirement annuity exceeds $1 million
year = 0
# Loop to check if the retirement annuity has exceeded or equals $1 million
while retirement_annuity < 1000000:
# Calculating the retirement annuity at the end of the year
retirement_annuity = retirement_annuity + retirement_annuity * 0.09
# Incrementing the year
year += 1
# Printing the year when retirement annuity exceeds $1 million
print("You will be able to retire in year", year)
```
The output of this program is:
You will be able to retire in year 33
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Aden is a small engine mechanic who earns a regular hourly rate of $15.68. For overtime, he earns time and a half on Saturdays and double time on Sundays. This week he worked his regular 40 hours plus 8 hours on Saturday and 7 hours on Sunday. What’s his total pay?
Answer:
$1,034.88
Explanation:
Aden total pay will be
regular hours worked x regular pay
=40 hrs x $15.68
=$627.2
Overtime hours
Saturday rate :$15.68 x 1.5 =$23.52
Hours worked on Saturday= 8 hrs
Saturday pay = $15.68 x 8
=$188.16
Sunday rate : $15.68 x 2= $31.36
Hours worked on Sunday = 7
Sunday pay = $31.36 x 7
=$219.
Total pay =$627.2 + $188.16 +$219.52
=$1,034.88
How do you approach Marketing design for a production?
an external view of a mega project based upon the outcome of similar projects undertaken in the past is known as:
The external view of a mega project based on the outcome of similar projects undertaken in the past is known as benchmarking.
What is benchmarking?Benchmarking is the practice of comparing your company's products, services, and processes to those of your rivals or industry peers. This process allows you to determine where your business is succeeding and where it can improve.
Benchmarking can be used for a variety of purposes, including:
- To determine the best practices of an industry and/or its rivals;
- To figure out how a company can improve its goods or services;
- To determine if your business is keeping up with industry standards or lagging behind;
- To compare different departments within a company to one another;
- To measure the effectiveness of a project over time.
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In order to remain viable, not-for-profit organizations need to focus on profits even more than the public service they provide.
a. true
b. false
The main answer to the given statement, "In order to remain viable, not-for-profit organizations need to focus on profits even more than the public service they provide" is FALSE.
Not-for-profit organizations are organizations established for social welfare and development without any profit-making motive. These organizations strive to serve their communities, people in need, and public service with an aim to improve society's welfare. They operate with public funding, donation, and other support programs.However, not-for-profit organizations also need to maintain some revenue stream for their sustainability and continued service to society. It is imperative for these organizations to consider generating revenue streams through their services to keep running and serving the community effectively. Although the profit-making motive is not the primary goal, they still need to focus on revenue generation to support their cause and provide efficient services.
Not-for-profit organizations need to focus on public service more than profits, but it is necessary to maintain a certain level of profitability to sustain their services. The more revenue they generate, the more effectively they can serve society. The idea of profit-making is not the primary goal but a way to support their service and social cause.
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why do airline suppliers, such as boeing and airbus, have so much power?
There are only two main suppliers present in an airline industry, Airbus and Boeing that has the power to control the fuel prices.
What is a price?In business and economics, price refers to the amount of money that a buyer pays to acquire a good or service. It is the exchange value of a product, and it represents the value that the buyer and seller place on the item being sold.
Price is determined by various factors, such as supply and demand, production costs, competition, and market trends. A high demand for a product, for example, can drive up its price, while increased competition can lead to lower prices.
Because the Airbus and Boeing are the two significant supplier in an airline industry and that gives them the power to control the fuel prices.
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Jupiter Co. applies overhead based on direct labor hours. The variable overhead standard is 4 hours at $12 per hour. During February, Jupiter Co. spent $113,400 for variable overhead. 9,150 labor hours were used to produce 2,400 units. What is the variable overhead efficiency variance
Answer:
YOUR ANSWER IS GIVEN BELOW:
Explanation:
Variable overhead efficiency variance
= (SLH - ALH) * SR
= (2400*4 - 9150) * 12
= 5400 F
whether the economy is in a recession is illustrated in the ad/as model by how close the _____________________ is to the potential gdp line.
Answer:
The answer is equilibrium
Explanation:
Whether the economy is in a recession is illustrated in the ad/as model by how close the equilibrium is to the potential gdp line.
Shepherds company. Manufactures two types of shoes sneakers and boots .Each sneakers requires 2 direct labor hours and boots require 1.5 direct labor hours.The overhead rate. Per direct hour is $2 .Direct materials for sneakers and boots is $15-$20 .Respectivelay.The total unit cost for each product.
The question is incomplete. The complete question is :
Shepherd Company manufactures two types of shoes - sneakers and boots. Each sneaker requires 2 direct labor hours and boots require 1.5 direct labor hours. The overhead rate per direct labor hour is $2. Direct materials for sneakers and boots is $15 and $20, respectively. Direct labor for sneakers and boots is $5 and $7, respectively. The total unit cost for each product is:
Solution :
The total unit cost for a product = direct materials cost + direct labor cost + overhead cost
The total unit cost for the sneakers and the boots are :
Particulars Sneakers Boots
Direct material cost $15 $20
Direct labor cost $5 $7
Overhead cost $4 $3
Total unit cost $24 $30
The overhead rate per direct labor hour is $2
So, the overhead cost per unit of :
Sneakers : 2 hours at the rate $2 per hour = $4
Boots : 1.5 hours at the rate of $2 per hour = $3
Hence the answer is : total unit cost = Sneakers: $24; Boots: $30
What are the casts names in Ginny & Georgia
Ginny and Georgia is an American comedy drama television series created by Sarah Lampert it was released on Netflix February 24 .
The cast names in Ginny and Georgia are
The main characterBrianne Howey as Georgia Miller
Nikki Roumel as Teenage Georgia Miller
Antonia Gentry as Ginny Miller
Diesel La Torraca as Austin Miller
Jennifer Robertson as Ellen Baker
Felix Mallard as Marcus Baker
Sara Waisglass as Maxine
Scott Porter as Mayor Paul Randolph Massachusetts
Raymond Ablack as Joe
Guest Star( Recurring)Mason Temple as Hunter Chen
Katie Douglas as Abby
Chelsea Clark as Norah
Jonathan Potts as Mr. Gitten
Sabrina Grdevich as Cynthia Fuller
Alisen Down as Bev
Colton Gobbo as Jordan
Connor Laidman as Zach
Devyn Nekoda as Riley
Nathan Mitchell as Zion Miller
Kyle Bary as Teenage Zion Miller
Rebecca Ablack as Padma
Daniel Beirne as Nick
Humberly González as Sophie Sanchez
Alex Mallari Jr. as PI Gabriel Cordova
Damian Romeo as Matt Press
Chris Kenopic as Clint Baker
Aaron Ashmore as Gil Timmins
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you tour a company and notice that employees all seem to have a common goal and understanding of procedures. what would be the contributing factor for this? responses action plan action plan strategies strategies organizational structure organizational structure safety manuel
As you visit a firm, you note that all of the staff appear to have a single goal or objective and a grasp of how things are done. The contributing factor for this might be proper action plan strategies.
The correct option is A.
Setting goals, agreeing on steps to accomplish those goals, and mobilising the resources required to carry out those activities are all parts of strategic planning. A strategic plan outlines the methods and resources that will be employed to accomplish those objectives.
Planning, legislation, neighbourhood norms, incentives, and educational options are examples of action strategies.
A detailed strategy that lays out the measures to follow in order to achieve one or more goals is known as an action plan.
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Answer:
action plan
Explanation:
because the guy above said so and he has an expert verified answer
in recent years, the mortgage banking industry has experienced
In recent years, the mortgage banking industry has experienced various trends and developments. These include changes in interest rates, regulatory reforms, shifts in housing market conditions, and advancements in technology that have influenced the industry's dynamics.
The mortgage banking industry has been impacted by fluctuations in interest rates, which can affect borrowing costs and mortgage demand. Changes in interest rates can lead to refinancing waves, where homeowners seek to take advantage of lower rates to reduce their mortgage payments. Regulatory reforms have also played a significant role in shaping the industry. Following the global financial crisis, stricter regulations have been implemented to enhance consumer protection and ensure the stability of the housing market.
Furthermore, the industry has witnessed shifts in housing market conditions. This includes changes in home prices, housing supply and demand, and mortgage delinquency rates. Economic factors such as employment levels and income growth also influence the demand for mortgages.
Lastly, advancements in technology have impacted the mortgage banking industry. Online mortgage platforms and digital processes have streamlined the application and approval process, improving efficiency and accessibility for borrowers. Additionally, the rise of fintech companies has brought new players into the market, offering alternative lending options and innovative mortgage products.
Overall, the mortgage banking industry has been shaped by a combination of interest rate fluctuations, regulatory changes, housing market conditions, and technological advancements, all of which have influenced the industry's performance and competitive landscape in recent years.
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how can a business meet customer needs
Federally-funded grants require the student to...
earn above average grades.
have a membership in a high school club.
perform volunteer work for a local community
agency.
have financial need only.
Answer:
Explanation:
have financial need only
Federally-funded grants typically require students to have financial need only, as they are designed to provide financial assistance to students who may not have the means to pay for their education. Therefore, option D is correct.
Federally-funded grants are financial assistance programs provided by the government to support students in pursuing their education. These grants are typically awarded based on financial need, considering factors such as income, family size, and assets.
They aim to ensure that students from low-income backgrounds have access to higher education opportunities. Unlike loans, grants do not need to be repaid, making them an attractive form of aid.
Federal grants include programs like the Pell Grant and the Federal Supplemental Educational Opportunity Grant (FSEOG), among others.
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What is true about expense ratios for fees charged to manage mutual fund accounts?
Answer:
A lower percentage ratio indicates more money has been invested to make money for the customer
Explanation:
How education is medium to enhance the ability of human beings?
what are the outputs of the production process with regards to goods and services
Answer: they will go faster
Explanation: it does a thing.
Introduction: Match the type of business organization with one of its features.
Sole proprietorship
Is the most common form of business
organization in the United States
Franchise
Can be the most complicated and the
most expensive type of organization
Corporation
Requires a fee to be paid to a parent
company for a business plan
Partnership
Includes two or more owners who are
liable for any business debt
Cooperative
Is an organization in which member
owners market their products together
Answer: :)
Explanation:
Edge 2020
A business organization is termed as an organization that works for the accomplishment of economic activities. Economic activities include the exchange of goods and services and maintaining the records of the transactions.
The match to type of organization:
Sole proprietorship: Is the most common form of business organization in the United States.
Franchise: Requires a fee to be paid to a parent company for a business plan.
Corporation: Can be the most complicated and the most expensive type of organization.
Partnership: Includes two or more owners who are liable for any business debt.
Cooperative: Is an organization in which member owners market their products together.
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Travis has an athletic shoe store and is currently preparing a market summary. To be most effective, the competition section of his market summary should
Based on the provided information For Travis to be most effective, the competition section of his market summary that he should do is to list both direct and indirect competitors.
What is market summary all about?The concept about market summary lets to know about stock market and how buyers and sellers negotiate prices.
Therefore, Travis list both direct and indirect competitors when making summary.
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Assume the economy is operating at P1Y2.
Which of the following would cause a shift to bring the economy to P3Yf?
Real wages fall.
Productivity increases.
Personal income taxes increase.
Transfer payments decrease.
A major hurricane hits the southeastern United States.
The decrease in aggregate demand would also reduce productivity and lead to a decrease in output and employment.
What is employment?Employment is an agreement between two parties, usually based on a contract, where work is exchanged for compensation, such as wages, salary, or commission. Employment is typically for a fixed period of time, and the employer usually has the right to dismiss an employee for a legitimate reason. Employment typically involves an exchange of services, knowledge, skills and experience for remuneration. Employment can be either full-time, part-time, or casual, depending on the type of job and the agreement between the employer and the employee.
A major hurricane hitting the southeastern United States would cause a shift to bring the economy to P3Yf as it would reduce aggregate demand in the affected areas, resulting in a decrease in consumption and investment spending. This would lead to a contraction in output and employment, resulting in a decrease in real wages, a decrease in transfer payments, and an increase in personal income taxes.
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What information does a lead contain in a news story?
Answer:
1st one
Explanation:
When Caitlin starts running towards Asha, Asha is 100 meters from Caitlin. As Caitlin runs, Asha moves directly away from Caitlin at one-third of Caitlin's speed. How many meters has Caitlin run when she first catches up to Asha
Caitlin has run 75 meters when she first catches up to Asha.
Let x represent the distance Caitlin runs to catch up with Asha. Since Asha moves at one-third of Caitlin's speed, Asha will cover a distance of (1/3)x during the same time. As they start 100 meters apart, the sum of the distances covered by both will be x + (1/3)x = 100.
To solve for x, combine the terms on the left side of the equation:
(1 + 1/3)x = 100
(4/3)x = 100
Now, divide both sides by 4/3 to find x:
x = 100 * (3/4)
x = 75
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
The yield curve is typically ________. A) downward sloping B) upward sloping C) flat D) inverted
The yield curve can take on different shapes, but typically it is upward sloping, meaning that yields on longer-term bonds are higher than yields on shorter-term bonds.
The yield curve is a graph that shows the relationship between the yields (interest rates) and maturity dates of bonds. It plots the yields of bonds with different maturities, typically from 3 months to 30 years, and is used as an indicator of the overall health of the economy.An upward-sloping yield curve, also known as a normal yield curve, is the most common shape of the curve. It means that long-term interest rates are higher than short-term interest rates. This is because investors demand higher yields for locking up their money in longer-term bonds.
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Steve believes that his wife's cell phone battery does not last as long as his cell phone battery, On seven different occasions, he measured the length of time his cell phone battery lasted and calculated that the mean was 16.4 hours with a standard deviation of 8.2 hours. He measured the length of time his wife's cell phone battery lasted on twelve different occasions and calculated a mean of 22.4 hours with a standard deviation of 7.6 hours. Assume that the population variances are the same. Let Population 1 be the battery life of Steve's cell phone and Population 2 be the battery life of his wife's cell phone Step 1 of 2: Construct a 95% confidence interval for the true difference in mean battery life between 5 teve's celf phone and his wife's. Round the endpoints of the interval to one decimal place, if necessary. Lower Endpoint = ____
Upper Endpoint = ____
Step 2 of 2: Interpret the confidence interval obtained in Step 1. a. Since the confidence interval does not contain zero, the data do not provide evidence that the population means are unequal at a 95 of confidence level. b. Since the confidence interval contains zero, the data do not provide evidence that the population means are unequal at a 95% confidence level. c. We are 95% confident that the mean battery ife of Steve's cell phone is between 1.8 hours and 13.8 hours shorter than the mean battery life of his wife's cell phone. d. We are 95% confldent that the mean battery life of Steve's cell phone is between 1.8 hours and 13.8 hours longer than the mean battery Nfe of his wite's cell phore.
By constructing a 95% confidence interval for the true difference in mean battery life between Steve's cell phone and his wife's, we can assess the evidence regarding the equality of the population means. The lower and upper endpoints of the interval need to be calculated to interpret the results correctly.
Step 1: To construct a 95% confidence interval, we can use the formula: Mean difference ± (Critical value * Standard error). The critical value for a 95% confidence level is typically obtained from a t-distribution table or statistical software. The standard error can be calculated as the square root of [(Standard deviation1^2/n1) + (Standard deviation2^2/n2)], where n1 and n2 are the sample sizes for Steve's cell phone and his wife's cell phone, respectively.
Step 2: By calculating the lower and upper endpoints of the confidence interval and rounding them to one decimal place, we can interpret the interval. It is crucial to understand that the confidence interval estimates the range within which the true difference in mean battery life between the two cell phones is likely to fall.
In this case, the correct interpretation would be:
c. We are 95% confident that the mean battery life of Steve's cell phone is between 1.8 hours and 13.8 hours shorter than the mean battery life of his wife's cell phone.
This interpretation is based on the calculated confidence interval, which provides a plausible range for the true difference in mean battery life. Since the interval does not contain zero, it indicates that there is evidence of a significant difference between the mean battery life of Steve's cell phone and his wife's at a 95% confidence level. The range of 1.8 to 13.8 hours suggests that Steve's cell phone battery tends to last significantly less than his wife's.
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Microeconomics looks at the ______
relationship between consumers and
producers and how this relationship affects the economy.
Answer:
economy
Explanation:
Microeconomics examines the economic relationship between producers and consumers and its impact on the economy.
Microeconomics refers to the study of decision-making by individuals and businesses, while macroeconomics focuses on the decisions made at the national and governmental levels.
As consumers require goods and services, producers aim to make a profit from providing them.
The economic choices are influenced by factors such as prices, demand, and supply. Ultimately, determining the cost of products and services is the responsibility of both parties involved.
The economy of a society is built on the creation of wealth through selling and purchasing. Producing and consuming are done by consumers and producers respectively. Therefore, the economic relationship is the correct answer.
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rebecca wants to borrow $5,000 for 4 years. she will repay the debt, plus the finance charges in one lump sum at the end of the 4-year period. if the lender charges her 7% simple interest, how much will rebecca pay in finance charges?
Rebecca will pay $1,400 in finance charges for borrowing $5,000 over a 4-year period with a 7% simple interest rate.
To calculate the finance charges, we can use the formula: Finance Charges = Principal x Interest Rate x Time. In this case, the principal is $5,000, the interest rate is 7% (or 0.07), and the time is 4 years.
Plugging the values into the formula, we have: Finance Charges = $5,000 x 0.07 x 4 = $1,400.
Therefore, Rebecca will pay $1,400 in finance charges over the 4-year period. This amount represents the cost of borrowing the $5,000 from the lender. It is important to note that simple interest is calculated based on the initial principal amount and does not compound over time, so the finance charges remain constant throughout the 4-year period.
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the amount by which sales can drop before losses are incurred is the
Answer:
Margin of safety Amount by which sales can decrease before a loss is incurred.
What is a stock exchange?
A. A place where investors can buy and sell different
investments.
B. A type of bank that buys and sells different types of
investments.
C. An organization that owns shares of stock.
D. None of the above
Answer:
A. A place where investors can buy and sell different investments.
Explanation:
A stock exchange is a place for the exchange of stocks in the market. In other words, it is a place where investors could 'meet' to buy or sell stocks, be it investments, company shares, or company securities.
A stock market, in simple words, is the marketplace for the buying and selling of investments, a trading place for buyers and sellers. So, a stock exchange is a transaction dealing with stocks, equities, or shares of the commercial world. And the transaction or exchange can only be done if the stock is listed on an exchange.
Thus, the correct answer is option A.
Answer:
A. A place where investors can buy and sell different investments.
Explanation:
The concept behind how the stock market works is pretty simple. Operating much like an auction house, the stock market enables buyers and sellers to negotiate prices and make trades. ... Investors can then buy and sell these stocks among themselves, and the exchange tracks the supply and demand of each listed stock.