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2 years ago

Why is a process view of organizations essential to becoming a successful manager?

1 answer:

5 0

The reason why the process view of organizations is essential to becoming a successful manager is due to the fact that it can help to liberate the managers from what is called the silo effect.

<h3>Who is a successful manager?</h3>

This is the term that is used to refer to the persons that are under the helms of leadership that have shown themselves to be very effective in the work that they do and from the fact that they are able to carry out the tasks of delegation very well. Such a person is one that handles important and managerial tasks.

Hence we can say that the reason why the process view of organizations is essential to becoming a successful manager is due to the fact that it can help to liberate the managers from what is called the silo effect.

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In double-entry accounting, what kinds of transactions are recorded in the left debits column?

yaroslaw [1]

Asset debits are recorded in the left debits column.

6 0

3 years ago

Read 2 more answers

Astro Co. sold 20,500 units of its only product and incurred a $67,750 loss (ignoring taxes) for the current year as shown here.

maksim [4K]

Answer:

Break even point in dollar sales = $1,050,000

Explanation:

Break Even Point in dollar sales = Fixed Cost/ Contribution margin percentage

Contribution margin percentage = (Contribution margin/ Sales) X 100

Here we have for the year 2017

Contribution margin = $194,750

Sales = $779,000

Contribution margin percentage = ($194,750/$779,000) X 100 = 25%

Break even point in dollar sales = Fixed Cost $262,500/25%

= $1,050,000

3 0

3 years ago

Fama’s Llamas has a WACC of 9.7 percent. The company’s cost of equity is 12 percent, and its pretax cost of debt is 7.5 percent.

Bezzdna [24]

Answer:

0.4766

Explanation:

Given:

WACC = 9.7%

Company’s cost of equity = 12%

Pretax cost of debt = 7.5%

Tax rate = 35%

Now,

WACC

= Weight × Cost of equity + (1 - weight) × Pretax cost of debt × (1-tax rate)

0.097 = weight × 0.12 + ( 1 - weight ) × 0.075 × (1 - 0.35)

0.097 = 0.12 × weight + 0.04875 - 0.04875 × weight

0.04825 = 0.07125 × weight

weight = 0.6772

also,

weight = $\frac{\textup{Equity}}{\textup{Debt + Equity}}$

$\frac{\textup{1}}{\textup{weight}}$ = $\frac{\textup{Debt+equity}}{\textup{Equity}}$

$\frac{1}{0.6772}$ = $\frac{\textup{Debt}}{\textup{Equity}}$ + 1

1.4766 = $\frac{\textup{Debt}}{\textup{Equity}}$ + 1

$\frac{\textup{Debt}}{\textup{Equity}}$ = 0.4766

5 0

3 years ago

The manager can invest in an additional project that would require $40,000 investment in additional assets and would generate $6

Makovka662 [10]

Answer:

d. If the manager invests in the additional project, residual income of the division will increase.

Explanation:

RI = Operating Income - (Operating Assets x Minimum Required Rate of Return)

with adding the additional project

Operating Income: $60000 +6000 =$66000

Operating Assets: $375000+$40000 =$415000

Residual income =$66000-14%*$415000 =$7900

Consider the attached information.

7 0

3 years ago

San Ruiz Interiors provides design services to residential and commercial clients. The residential services produce a contributi

Sliva [168]

Answer:

If closed the operating income will decrease by 50,000

Is a better scenario to continue with the residential sercives

Explanation:

<em><u>current scenario:</u></em>

contribution margin 450,000

Fixed Cost 480,000

net loss 30,000

<em><u>drop scenario:</u></em>

contribution margin = 0

fixed cost 450,000-370,000 = 80,000

net loss (80,000)

8 0

3 years ago