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2 years ago

Decision Point: Deciding on Your Organizational Structure

Business

1 answer:

erma4kov [3.2K]2 years ago

3 0

The variables that have to be considered while thinking of the organic structural design would be

Corporate strategy
Firm size
The business environment

<h3>What is referred to as organic structural design in business</h3>

This is the term that is used to refer to the work environment that has the horizontal method of communication.

In this organization, there would be communication between the various departments that are in it.

Read more on organic structural design here:

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Economic resources are the natural, human, and technological inputs used to produce goods and services. natural, technological,

IRISSAK [1]

Answer and Explanation:

A. Economic resources can be defined as the natural, human, and manufactured inputs that are used in the production of goods and services.

B. These resources are also referred to as factors of production as they fall within the factors of production such as land, labour, capital and entrepreneur. They are useful in the production process of goods and services.

C. They are called inputs. As inputs they are used in the production process and at the end of it all they bring about output for the producer.

5 0

3 years ago

Oriole Inc. had beginning inventory of $11,400 at cost and $20,600 at retail. Net purchases were $127,926 at cost and $181,000 a

Levart [38]

Answer:

Ending inventory at cost using the conventional retail method is $36,498.

Explanation:

Note: See the attached excel file for the computation of Goods available for sales and Ending inventory at Retail.

From the attached excel file, we have:

Goods available for sales at Cost = $139,326

Goods available for sales at Retail = $211,100

Ending inventory at Retail = $55,300

Therefore, we have:

Ratio of goods available for sales of Cost to Retail = Goods available for sales at Cost / Goods available for sales at Retail = $139,326 / $211,100 = 0.66, or 66%

Ending inventory at Cost = Ending inventory at Retail * Ratio of goods available for sales of Cost to Retail = $55,300 * 66% = $36,498

Therefore, ending inventory at cost using the conventional retail method is $36,498.

Download xlsx

5 0

3 years ago

The correct definition of a balance sheet includes which of the following statements? (Check all that apply.)

noname [10]

Kekskkwoskdyigfcycjfuctructcutycyucytcuytftfytiftyuftfytfytfuytffytufygfuyg

4 0

3 years ago

The United States has a comparative advantage in the production of wheat, and Haiti has a comparative advantage in the productio

cestrela7 [59]

Answer:

the production and the consumption of both the goods will increase.

Explanation:

The U.S and the Haiti have a comparative advantage in the production of the wheat and sugar thus they can maximize their combined output and allocate their resources more efficiently.

If both of the countries tend to specials on the basis of the theory of comparative cost advantage given by David Ricardo.

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3 years ago

If occupational safety laws were changed so that firms no longer had to take expensive steps to meet regulatory requirements, we

Ket [755]

Answer: competition would force producers to pass the lower production costs on to consumers in the long run

Explanation:

Occupational safety law deals with the health and safety of workers at their workplace and safety for activities outside of work. It is the function of employers to take care of their employees safety.

In a case whereby the occupational safety laws are changed so that the firms will no longer take expensive steps in order to meet regulatory requirements, there would be more competition which would lead to reduction on prices as a result of lower production cost which would be eventually passed from the producers to the consumers in the long run.

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3 years ago