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Irina-Kira [14]
3 years ago
11

How has private enterprise strengthened the united states economy?

Business
1 answer:
Marina86 [1]3 years ago
7 0

Answer:

to generate prosperity and produce goods and services that meet people's needs and improve their lives.

Explanation:

Because businesses cannot outgrow the economy of their communities

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Answer:

The journal entry to record the factory wages of $25,000 incurred in the processing department is given below.

Debit   Processing Department (WIP Asset)      $ 25,000

Credit  Factory Wage (Liability)                           $ 25,000

The journal entry to record the factory wages of $15,000 incurred in the production department.

Debit   Production Department (WIP Asset)      $ 15,000

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3 years ago
A ________ structure is an organizational structure that assigns specialists from different functional departments to work on on
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A matrix structure is an organizational structure that assigns specialists from different functional departments to work on one or more projects.

<h3>What is a matrix?</h3>
  • Teams in a matrix organization report to several leaders inside the business.
  • The matrix structure promotes open communication between teams and can assist businesses in producing more creative goods and services.
<h3>What is an organizational structure?</h3>
  • An organizational structure outlines how tasks are assigned, coordinated, and overseen in order to achieve organizational objectives.
  • The basis upon which standard operating procedures and routines are built is provided by organizational structure.
  • It decides who gets to take part in what decision-making procedures and how much their opinions influence the organization's activities.
  • The lens or perspective that people use to perceive their organization and its surroundings is known as the organizational structure.

Therefore, a matrix structure is an organizational structure that assigns specialists from different functional departments to work on one or more projects.

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