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Marysya12 [62]
2 years ago
5

Hunter owns an app development firm. Though the company started small, the business has grown substantially with more people and

greater specialization. What does growth like this require in terms of structure
Business
1 answer:
AveGali [126]2 years ago
5 0

Growth like this requires developing a formal structure that will ensure the efficiency of operation.

<h3>What is a Formal Structure?</h3>

A formal structure is a structure that aids a company's owner in maintaining a specified hierarchy of standards.

The formal structure assists in organizing the workforce or workers.

As a result, each person's work will be explicitly assigned to them, and each will be responsible for their own tasks.

When a firm is growing from a low to a high level, expending a significant amount of time and work is necessitated.

Therefore, if a company is growing and progressing, the owner must adhere to a formal structure.

Learn more here: brainly.com/question/7915190.

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Which of the following allows the insurer to relieve a minor insured from premium payments if the minor's parents have died or b
loris [4]

Answer:

The correct answer is a) Payor Benefit

Explanation:

When the payor dies or becomes disabled, the insurer will suspend the premiums until the child reaches 19 years old, the child must be under age 18, or up to age 19 and still attending high school. Usually, the payor is a parent (father, mother, brothers).

4 0
3 years ago
Chavez Corporation reported the following data for the month of July:
Alchen [17]

Answer:

Direct Material Cost for July=$60,600

Explanation:

The direct materials cost for July is is calculated as:

Raw Material in the beginning=$34000

Additional Raw materials purchases=$69500

Total Raw material Available=Raw Material in the beginning+Additional Raw materials purchases

Total Raw material Available=$34000+$69500

Total Raw material Available=$103500

Ending Raw material=$33500

Raw material used in production=Total Raw material Available-Ending Raw material

Raw material used in production=$103500-$33500

Raw material used in production=$70000

Indirect materials included in manufacturing=$9400

Direct Material Cost=Raw material used in production-Indirect materials included in manufacturing

Direct Material Cost=$70000-$9400

Direct Material Cost=$60,600

8 0
2 years ago
Read 2 more answers
You smart ?? Help pleasss
Schach [20]
B, because the average customer would want 2
3 0
3 years ago
If you were to going to use a graphic that best showed the relative proportions of educational spending in the State of Californ
Svetradugi [14.3K]

Answer:

(c) Circle graph

Explanation:

The circle graph or pie chart is commonly used when we want to give a visual demonstration of the proportional division of a data. Each item is expressed as a sector of the circle where the angle is relative to the value of the item.

6 0
3 years ago
Read 2 more answers
Exercise 11-1 Compute the Return on Investment (ROI) [LO11-1] Alyeska Services Company, a division of a major oil company, provi
Jobisdone [24]

Answer:

1. 28.09 %

2.0.50 times

3.13.97 %

Explanation:

Margin = Profit / Sales × 100

            = $ 5,000,000 / $ 17,800,000 × 100

            = 28.09 % (2 decimal places.)

Turnover = Sales / Total Assets

               = $ 17,800,000 / $ 35,800,000

               = 0.50 times (2 decimal places.)

Return on investment = Divisional Profit Contribution / Assets employed in the  division × 100

                                    =  $ 5,000,000 / $ 35,800,000 × 100

                                    = 13.97 % (2 decimal places.)

8 0
3 years ago
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