<u>Answer:</u>
<em>As a company grows, it may become necessary for it to create an </em><u><em>Organizational chart</em></u><em> which is a visual display of the organizational structure which contains lines of authority (chain of command), staff relationships, permanent committee arrangements, and lines of communication.</em>
<em></em>
<u>Explanation:</u>
The organization chart is a chart indicating the connection of one department graphically to another, or others, of an organization. It is additionally used to show the relationship of one office to another, or others, or of one capacity of an association to another, or others.
Using the organization chart continuously, show the "structure of a business", government, or other association. Organization diagrams have an assortment of employments and can be organized from multiple points of view.
Given that <span>Heath's
company is currently producing 50 units of output. the price of the
good is $5 per unit. total fixed costs are $30 and the average variable
cost is $8 at 50 units. this company: </span><span>is experiencing an economic profit of $40.</span>
Answer: Agency problem
Explanation:
Agency problem is the issue rises when the agents fails to display appropriate interest of principles.This interest conflict usually occurs between the organisation's stakeholder and management.
In this situation,manger is the person who usually acts as the agent for providing best interest to the stakeholder to increase their wealth and benefit.But if failure in this case occurs , then conflict is experienced between both the parties.
Answer:
Producers
Explanation:
Monopolistic competition is a form of market competition where different producers produce goods that are largely different from each other and can not even been used as a perfect substitute for one another.
This gives each producer the opportunity to decide its prices and output . Prices are always set higher than the marginal costs and the consumer surplus are less compared to a perfectly competitive market , making monopoly competition an imperfect market.
Answer: (D) Poor leader-member relations
Explanation:
In the poor leader member relationship, the member of the group are poor and the leaders focus are mainly shift away from the task in type specific group. It raises the poor conflicts and behavior in the relations of the group members.
The contingency model is one of the important business contingency theory which focus on the leadership effectiveness in the specific organization. This theory is mainly developed by the Fred fiedler.
Therefore, Option (D) is correct.
