If you are starting a new company and need employees to do a variety of things while you make most of the decisions yourself, you would use a ________________ organizational structure.
Answers
If you are starting a new company and need employees to do a variety of things while you make most of the decisions yourself, you would use a centralized organizational structure.
In a centralized organizational structure, decision-making authority is concentrated at the top level of management, and most of the decisions are made by the founder or top managers. To implement this structure, follow these steps:
1. Clearly define the roles and responsibilities of your employees, ensuring they understand their tasks and the expectations.
2. Establish a strong communication system to effectively convey decisions, instructions, and feedback between you and your employees.
3. Develop a reporting system that allows employees to share their progress and any issues they may be facing in their work.
4. Implement monitoring and evaluation mechanisms to ensure that employees are performing their tasks efficiently and effectively.
5. Regularly review the structure and make adjustments as needed based on your company's growth and changes in its needs.
By using a centralized organizational structure, you maintain control over your business operations and can make quick decisions in response to changes in the market or other external factors.
However, keep in mind that as your company grows, you may need to consider adopting a more decentralized structure to allow for greater flexibility and autonomy among your employees.
To know more about organizational structure, refer here:
https://brainly.com/question/30034795#
#SPJ11
Related Questions
ECON QUESTION !!
What is the overall objective of a business raising financial capital?(1 point)
A) decrease operating costs and increase the number of investors
B) increase revenues and the number of investors
C) reducing financial obligations and increase revenue
D) grow and increase profit
chapter 5 test, banking and finance...if you have all the answers that would be greatly appreciated
Answers
The main goal is to increase shareholder value as much as possible.
Businesses frequently make decisions that include spending money now while planning to turn a profit later. Examples are when a business purchases a machine with a 10-year lifespan, constructs a new facility with a 30-year lifespan, or launches a research and development initiative. Four basic methods exist for businesses to obtain the funding they require to fund these initiatives: (1) early-stage investors; (2) profit reinvestment; (3) bank or bond borrowing; and (4) stock sales. Business owners decide how to pay for financial capital sources when they select those sources.
Learn more about financial here-
https://brainly.com/question/29641948
#SPJ1
Metro General is a municipally-owned and operated hospital and a component unit of Metro City. In 2007, the hospital received $7,000 in unrestricted gifts and $4,000 in unrestricted bequests. The hospital has $800,000 in long-term debt and $1,200,000 in fixed assets.
The hospital has transferred certain resources to a hospital guild. Substantially, all of the guild's resources are held for the benefit of the hospital. The hospital controls the guild through contracts that provide it with the authority to direct the guild's activities, management, and policies.
The hospital has also assigned certain functions to a hospital auxiliary, which operates primarily for the benefit of the hospital. The hospital does not have control over the auxiliary.
The financial statements of the guild and the auxiliary are not consolidated with the hospital's financial statements. The guild and the auxiliary have total assets of $20,000 and $30,000, respectively.
Before the hospital's financial statements were combined with those of the city, the city's statements included data on one Special Revenue Fund and one Enterprise Fund.
The city's statements showed $100,000 in Enterprise Fund Long-Term Debt, $500,000 in Enterprise Fund Fixed Assets, $1,000,000 in General Long-Term Debt, and $6,000,000 in General Fixed Assets.
What account or accounts should be credited for the $7,000 in unrestricted gifts and the $4,000 in unrestricted bequests?
A. Operating Revenue $11,000
B. Nonoperating Revenue $11,000
C. Operating Revenue $ 7,000
Nonoperating Revenue $4,000
D. Nonoperating Revenue $ 7,000
Operating Revenue $4,000
Answers
The account or accounts that should be credited is B. Nonoperating Revenue $11,000
Based on the information given the account or accounts that should be credited is Nonoperating Revenue with the amount of $11,000.
Calculated as:
Nonoperating Revenue=Unrestricted gifts +Unrestricted bequests
Nonoperating Revenue=$7,000+$4,000
Nonoperating Revenue=$11,000
Hence:
Nonoperating Revenue are amount or income generated that are not part of company or organization Operating activities
Inconclusion The account or accounts that should be credited is B. Nonoperating Revenue $11,000.
Learn more about Nonoperating Revenue here:
https://brainly.com/question/13067695
How investment tax credit and employment tax credit can be used to address unemployment?
Answers
Answer:
Investment tax credit means that companies will pay less taxes if they invest in new projects. These new projects will need people to work on them for it to be successful. When companies take advantage of investment tax credits therefore and invest, they end up hiring people which would reduce unemployment.
Employment tax credit has a more direct effect on unemployment. It reduces taxes per worker hired so if an employer wants to take advantage of this, they should employ more people which would directly reduce unemployment.
How is the value of a product determined?
Answers
Answer:
One approach is to use the simple equation Value = Benefits / Cost. The plus side to this approach is that it is concrete and quantifiable. You can measure the profit consistently throughout the life of the product, charting changes in value over time.
what is the leader of an executive department usually called
Answers
The leader of an executive department is usually called the Secretary or Minister the leader of an executive department, commonly known as the Secretary or Minister, is responsible for overseeing and managing the operations of the department.
They are appointed by the head of the government or the head of state, depending on the country's political system. The Secretary/Minister provides leadership, sets policies, and makes important decisions regarding the department's functions and programs. They also serve as the primary spokesperson for the department and represent its interests in interactions with other government officials and external stakeholders.
Learn more about department's here:
https://brainly.com/question/23878499
#SPJ11
Question # 1 Long Text (essay) Submit two news story summaries, noting the following: agency name(s), parties affected by the decision, status on period for comment, status on decision-making, and what decisions you would make in similar situations.
Answers
The answer is The public may not make technical decisions, but their opinions deserve consideration by those who are making those decisions.
What does making decisions mean?The process of choosing a course of action involves recognizing a decision, acquiring data, and weighing potential answers.
What three ways can one make a decision?Based on the level at which they occur, decision-making may also be divided into three types. The direction of an organization is decided upon strategically. Decisions regarding how something will be accomplished are considered tactical. Lastly, operational decisions are choices that staff members make every day to manage the company.
To know more about Decision making visit:
https://brainly.com/question/13244895
#SPJ1
what is the present value of seven $850 cash flows occurring at the end of the next 7 years at a rate of 4.75ompounded annually?
Answers
To calculate the present value of the seven $850 cash flows occurring at the end of the next 7 years at a rate of 4.75% compounded annually, we need to use the present value formula, which is: PV = CF / (1 + r)n
Where PV is the present value, CF is the cash flow, r is the interest rate, and n is the number of periods.
In this case, we have 7 cash flows of $850 each, occurring at the end of the next 7 years, which means n = 7. The interest rate is 4.75% compounded annually, which means r = 0.0475.
Using the formula, we can calculate the present value of each cash flow separately and then add them up to get the total present value. Here's how it looks:
PV1 = $850 / (1 + 0.0475)1 = $810.81
PV2 = $850 / (1 + 0.0475)2 = $773.57
PV3 = $850 / (1 + 0.0475)3 = $738.06
PV4 = $850 / (1 + 0.0475)4 = $704.14
PV5 = $850 / (1 + 0.0475)5 = $671.69
PV6 = $850 / (1 + 0.0475)6 = $640.62
PV7 = $850 / (1 + 0.0475)7 = $610.80
Total PV = PV1 + PV2 + PV3 + PV4 + PV5 + PV6 + PV7
Total PV = $810.81 + $773.57 + $738.06 + $704.14 + $671.69 + $640.62 + $610.80
Total PV = $4,349.69
Therefore, the present value of seven $850 cash flows occurring at the end of the next 7 years at a rate of 4.75% compounded annually is $4,349.69.
To know more about present value formula visit :-
https://brainly.com/question/16554334
#SPJ11
suppose a new customer adds $100 to his account at great lakes national bank, which the owners of the bank then use to make $100 worth of new loans. this would increase the loans account and the account. this would also bring the leverage ratio from its initial value of to a new value of . which of the following statements regarding the capital requirement is true? check all that apply. it specifies a minimum leverage ratio for all banks. its intended goal is to protect the interests of the depositors. its intended goal is to protect the interests of those who hold equity in the bank.
Answers
Capital requirement intended goal is to protect the interests of the depositors and to protect the interests of those who hold equity in the bank. So, correct options are B and C.
The capital requirement is a regulation set by regulatory agencies that specify a minimum amount of capital that banks must hold as a percentage of their assets.
The main purpose of the capital requirement is to ensure the safety and soundness of the banking system and protect the interests of depositors and other stakeholders, including equity holders.
The leverage ratio is one of the measures used to assess a bank's capital adequacy and is calculated as the ratio of a bank's tier 1 capital to its total leverage exposure.
In the given scenario, the $100 increase in deposits and the resulting $100 increase in loans would increase both the deposits and loans accounts on the bank's balance sheet. It would also change the leverage ratio from its initial value to a new value, depending on the size of the bank's total leverage exposure.
While the primary objective of the capital requirement is to safeguard the interests of depositors, it also aims to protect the interests of equity holders by ensuring that banks maintain adequate capital to absorb potential losses.
Option A is not entirely accurate, as the capital requirement sets different leverage ratios for banks based on their risk profile and size.
Both options B and C are correct regarding the capital requirement.
To learn more about account click on,
https://brainly.com/question/3216989
#SPJ4
What is the answer?? I need help please
Answers
Answer:
B. The mixed economy.
Explanation:
An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.
Hence, a region's or country's economy is largely dependent on how resources are being allocated and utilized, how many goods and services are to be produced, what should be produced, for whom they are to be produced for and how much money are to be spent by the consumers to acquire these goods and services.
Basically, there are four (4) main types of economy and these are;
I. Command economy.
II. Free market economy.
III. Traditional economy.
IV. Mixed economy.
A mixed economy can be defined as a type of economy in which the government of a particular country is minimally involved in the allocation and production of goods and services while protecting the interest of the consumers and regulating the market by establishing laws.
This ultimately implies that, a mixed economy is a combination of two or more economy such as centralized economy and capitalist economy i.e the state and private sector control the economy in a country.
Hey yall can yall cheer me up for a seek i miss my mommy in she said we was leaving my granny house today in look im still here
Answers
Answer:
Stay Strong!
Explanation:
You got ittt! Cry A Bit , then come back harder! LOVE KEN!!!
Describe how a formal report is different from an informal report?
Answers
Answer:
Though the report may be several sections long, it is typically much shorter than a formal report. No contents page is included. Informal reports can even be formatted like a memo.
Explanation:
Answer: Informal reports are usually short, one to three pages, with no need for prefatory parts,are informational, include no or limited research,luse a direct approach an personal language. The formal report, however, is worded more objectively, focusing on the problem and the solution.
Explanation:
oriental Rug Company ships six handmade rugs valued at $5,000 each on consignment to Consign Design. oriental Rug Company pays $1,000 of shipping costs and agrees to accept the return of any rugs within six months of the shipping date. oriental Rug Company also agrees to pay Consign Design a commission of 10 percent for any rug sold. At the end of five months, Consign Design has sold four of the rugs for a total price of $38,000.
The total inventory and revenue value reported by Consign Design at the end of the five months is: _________
Answers
0, 3,800
Explanation:
In a Consignor/consigned relationship, the consignor maintains the inventory on the books. The consigned does not record the full revenue amount, but rather a commission based on the agreement with the consignor. In this case, even though two rugs have not sold, the two rugs that remain unsold are reported on the books of Oriental Rug Company (the consignor). The revenue recorded on Consign Design's books from the sale of the four rugs is based on the agreed upon commission of 10 percent; therefore, $3,800 is the revenue recorded. The $34,200 (90 percent of the total sales) is the payable to Oriental Rug Company and will be recorded as revenue on its books.
The total inventory and revenue value reported by Consign Design at the end of the five months is: 0, 3,800
What is Consignor or consigned relationship?In a Consignor/consigned relationship, the consignor maintains the inventory on the books. The consigned does not record the full revenue amount, but rather a commission based on the agreement with the consignor. In this case, even though two rugs have not sold, the two rugs that remain unsold are reported on the books of Oriental Rug Company (the consignor). The revenue recorded on Consign Design's books from the sale of the four rugs is based on the agreed-upon commission of 10 percent; therefore, $3,800 is the revenue recorded. The $34,200 (90 percent of the total sales) is payable to Oriental Rug Company and will be recorded as revenue on its books.To learn more about consigned relationship, refer to:
https://brainly.com/question/13544160
#SPJ2
Does the idea that population increases as technology increases that’s leading more to apply in the same way in advance nations as it does in the developing nations?
Yes, population increases almost always lead to war in both cases
Yes, theories of war apply equally in all circumstances
No advanced nations never have said in population increases
No the theory of population in Technology assume scarce resources
Answers
No the theory of population in Technology assume scarce resources. The corrtect answer is option (D).
How has technology increased population growth?All across the world, new developing technologies are being used for improving human welfare. Agriculture is producing more as new technologies advance, which is why mortality is down and fertility is rising. By increasing productivity, new technologies can contribute to population growth.
Rapid population growth makes it more challenging for low-income and lower-middle-income nations to pay the rise in public spending per capita required to end poverty, end hunger and malnutrition, and provide universal access to health care, education, and other important services.
To know more about Technology and population, visit:
https://brainly.com/question/8093
#SPJ1
how does marmite use product differentiation
Answers
Marmite use product differentiation as viewed as having unique features, such as Marmite or the iPhone. It frequently referred to as a differentiator.
What do you mean by the product differentiation?
The feature or features that set your product or service apart from the competition for your target market are known as product differentiation.
It improves brand loyalty, sales, and growth by highlighting the differences between what you sell and what your rivals provide. These comprise vertical differentiation, mixed differentiation, and horizontal differentiation.
In the financial situation of today, product differentiation is crucial. It enables the seller to highlight the distinctive qualities that make their product outstanding by drawing comparisons between their own product and those of the market's rival products.
Therefore, Marmite use product differentiation as viewed as having unique features, such as Marmite or the iPhone. It frequently referred to as a differentiator.
To know more about the product differentiation, visit:
https://brainly.com/question/13077606
#SPJ1
All of the following are examples of individual differences except: a. personality b. general mental ability c. emotional intelligence d. norming.
Answers
All of the options provided, a. personality, b. general mental ability, and c. emotional intelligence, are examples of individual differences. Individual differences refer to the unique characteristics and traits that individuals possess, which differentiate them from others.
These differences can include various aspects such as personality traits, cognitive abilities, emotional intelligence, learning styles, and values.
Personality refers to the enduring patterns of thoughts, emotions, and behaviors that characterize an individual. General mental ability, also known as cognitive ability or intelligence, relates to an individual's overall intellectual capacity to learn, reason, and solve problems. Emotional intelligence pertains to the ability to perceive, understand, manage, and express emotions effectively.
On the other hand, d. norming is not an example of an individual difference. Norming refers to a stage in group development where group members establish norms or standards of behavior and develop cohesion within the group.
To learn more about individual differences, you can visit brainly.com/question/28743337
#SPJ11
have led to drastic changes in the ability to gather, analyze, and access
data for research.
O A. Global trends
B. Changing consumer attitudes and behaviors
C. Privacy laws
O D. Advances in technology
Answers
Answer:
d
Explanation:
imma abjd kb jdkdidgiwkwwuwi
Advances in technology have led to drastic changes in the ability to gather, analyze, and access data for research. Thus the correct option is D.
What is research?Research refers to deep investigations of the data and information available to provide credentials with facts and figures to provide results that will utilize for the new research.
By adjusting their tactics and actions, today's culture is benefiting from the quick development of digital technologies. Generating creative ideas, it aids in the rapid resolution of problems.
Since information technology radically alters the connection between people and knowledge, businesses and governments are reshaping it in order to increase productivity, increase performance, and reduce operation.
Therefore, option D is appropriate.
Learn more about research, here:
https://brainly.com/question/18723483
#SPJ5
Why are entrepreneurs essential to the success of a free enterprise economy?
Answers
Answer:
they help the market respond to changing prices and consumer preferences.
Explanation:
Entrepreneurs are themselves an important ‘factor of production’ and an essential aspect of a functioning free market economy. Importance of entrepreneurs Free market evolution. Entrepreneurs are important in a free market because they help the market respond to changing prices and consumer preferences.
what can i do if my total in cash account is not the same in credit and debit side?
Answers
Answer:
Consider which items are meant for debit and credit.
Explanation:
The principle of double entry States that for every debit entries, there must be a corresponding credit entries and vice versa. This principle follow suits when preparing ledger accounts and trial balance.
Trial balance is the arithmetrical accuracy of the ledger. Once double entry principle is adhered to, the trial balance must definitely balance.
Where there are differences, check that items which ought to be debited and credited are correctly done. Also check if correct amount is posted like avoiding transposition error.
PLEASE ANSWER QUICKLY
What does the FLSA prescribe?
A.
regular audits of a company’s financial accounts
B.
employment of people with disabilities
C.
standards for the basic minimum wage and overtime pay
D.
granting paid leaves to individuals to practice religious beliefs
Answers
Answer:
C.
standards for the basic minimum wage and overtime pay
Explanation:
Hope this helps you
Pls mark me the brainliest
Answer:
C.
standards for the basic minimum wage and overtime pay
Explanation:
Correct on Edmentum
Consumer complaints are frequently reported to the Better Business Bureau. Industries with the most complaints to the Better Business Bureau are often banks, cable and satellite television companies, collection agencies, cellular phone providers, and new car dealerships. The results for a sample of 200 complaints are in the file BBB.
a. Show the frequency and percent frequency of complaints by industry.
b. Which industry had the highest number of complaints?
c. Comment on the percentage frequency distribution for complaints
Answers
Consequently, the cell industry receives the most complaints.
Step-by-step explanation:
a. The frequency and percent frequency of complaints by industry is shown below:
Industry Frequency Percentage Frequency
Bank 26 13%
Cable 44 22%
Car 42 21%
Cell 60 30%
Collection 48 13%
b. Cell has the highest complaints (60).
c. The decreasing order of complaints goes thus: Cell (60%) , Cable (22%), Car(21%).
Both Collection and Bank, together account nearly up to 27% of the total complaints.
addressing (b): The sector with the most complaints
The highest frequency in the aforementioned table is 60, which corresponds to the number of complaints received by the cell industry.
How to solve (c): Comment
The percentage frequency table reveals that the banking industry (at 13%) receives the fewest complaints, while the cell industry (at 30%) receives the most.
To know more about cell industry, click the below link
https://brainly.com/question/29896377
#SPJ4
when must interest and principal payments on a Stafford Student Loan begin
Answers
Answer:
The interpretation of the issue is listed throughout the clarification section below.
Explanation:
As usual and when you get a subsidized mortgage, the economy amount to accrue, but perhaps the government will pay everything on someone's account. This seems to be the case for other education loans, individuals aren't encouraged to make additional cash receipts and cash contributions while being in education or even for 6 months after taking university or education center.
If an entrepreneur presents a business plan that an investor believes is deliberately vague and has provided inflated financial statements, what should that investor do?
Answers
Should the above scenario arise, the investor should:
State their concerns. Ask for more specific information. What should the investor do?The investor stands to make some losses if they go into this venture as there is a good chance that things will not work out. They should therefore state these concerns to the entrepreneur.
They should then ask for specific information such as market analysis and income projection methods and assumptions.
In conclusion, the investor should try to find out how the entrepreneur arrived at those figures.
Find out more on business plans at https://brainly.com/question/25311149.
Sarah has decided that she never wants to go into debt. Therefore, she only uses her
debit card and cash for purchases. The store where she is planning to purchase a dining
room set charges a 15% annual interest rate for all store credit card purchases. If Sarah
saves up the cash and uses her debit card to purchase her new $1,200 dining room set,
how much will she have to pay in interest?
Answers
The amount that Sarah will have to pay as interest will be $180
Based on the information given, the following can be depicted:
Cost of dining room set = Principal = $1200
Interest rate = 15%
Time = 1 year
The simple interest will be calculated using the formula:
= PRT/100
= (1200 × 15 × 1) / 100
= 18000/100
= 180
Therefore, based on the calculations above, the interest that'll be paid by Sarah is $180.
Read related link on:
https://brainly.com/question/25114763
EXPLAIN THE MODERNIZED BUSINESS SKILLS.
Answers
Explanation:
Financial management. Being able to effectively manage your finances is critical. ...Marketing, sales and customer service. ...Communication and negotiation. ...Leadership. ...Project management and planning. ...Delegation and time management. ...Problem solving. ...Networking.The repair service that fixes your farming equipment doesn’t seem to fix your plow correctly. The technician says that if you are not happy, you can buy a new plow from him, but the cost is extremely high. Do you have other options available to you for higher-quality repairs or cheaper equipment? Explain your answer.
Answers
Answer:
Your best option would be for higher quality repairs and higher quality equipment, this would save you more money and time in the long run where you have the ability to do other things.
Explanation:
Mark as Brainliest please!
Ill give u a cookie
Answer:
No, because in command economies, there is no competition. So, there are no other repair services that would offer higher-quality repairs or cheaper equipment. Additionally, no incentive exists for the technician to provide high-quality service.
Explanation:
the actual answer
for each of the following situations involving marginal cost (mc) and marginal benefit(mb) indicate whether it would be best to produce more , fewer, or the current number of units.
Answers
Properly evaluate each situation involving marginal cost (MC) and marginal benefit (MB), we need specific details for each scenario.
However, I can provide a general framework to help you analyze these situations:
If MC is less than MB: It would be best to produce more units. When the cost of producing an additional unit is lower than the benefit gained from that unit, increasing production can lead to higher overall profitability.
If MC is greater than MB: It would be best to produce fewer units. When the cost of producing an additional unit exceeds the benefit gained from that unit, reducing production can help avoid incurring unnecessary costs and improve overall efficiency.
If MC is equal to MB: It would be best to maintain the current number of units. When the cost of producing an additional unit is equal to the benefit gained from that unit, maintaining the current production level ensures that costs and benefits are balanced.
To learn more about marginal cost
https://brainly.com/question/30165613
#SPJ11
How should you dress for a phone interview? (Site 1)
online content
Answers
Answer:
You should at least have a nice top on because only the camera will see that. If you are a girl you could just wear a dress, probably a black one because that is what I wore to my interview yesterday because there is no pattern or anything it's just a plain black one, but that was in person. if you're a guy you need to wear a suit and tie,but you could probably just wear shorts because they won't see the bottom half of you
Explanation:
I hope this helps out a little bit :-)
An interview is a formal process by which an employee is assessed for his/her performance by the employer.
For a phone interview, one should be dressed properly as the interviewer can see you through the camera.
For a girl, you should be dressed nicely and no revealing or extra shiny clothes should be wore.
In the case of a man, one should be properly dressed in suits or formal shirts.
Try to wear dark black or blue coloured clothes and sit in a properly lighted area.
To learn more about phone interviews follow the link:
https://brainly.com/question/3701296
explain how division of labour cam be applied in a restaurant
Answers
Which advantage of a sole proprietorship could also be a disadvantage?.
Answers
Answer:
Unlimited liability
Explanation:
What is the role of the three questions of economics?
Answers
Answer: is to act as the basic principle of production decision making. "What to produce", "How to produce", and "For whom it should be produced" are the three basic questions of economics
Explanation: