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kolbaska11 [484]
3 years ago
6

A matrix organization for project management has a distinct advantage because:A) Dual hierarchies mean two bosses.B) A significa

nt amount of time is spent negotiating the sharing of critical resources.C) Workers must reconcile competing project and functional demands.D) Project importance is enhanced by setting authority equal to that of functional departments.
Business
1 answer:
Zanzabum3 years ago
8 0

Answer:

D) Project importance is enhanced by setting authority equal to that of functional departments.

Explanation:

A matrix organization is characterized by, multiple command system and overlapping of command, control and behavioral pattern.

Here, temporary project groups are created so as to handle short term projects. Personnel are drawn from functional department and their activities are controlled and coordinated by a project manager.

Once a project is completed, the structure is disbanded and the personnel return to their original departments i.e functional department.

During the project duration, a person is responsible and reports to two bosses, one being the project manager and secondly to the functional boss. Thus, under such a structure exists dual reporting.

Under matrix structure for project management, the project manager is not allowed to use resources exclusively for the project i.e like in project management. Rather, such a manager is required to share resources with the organization.

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Sales returns A) Refer to merchandise that customers return to the seller after the sale B) Are related to purchase discounts C)
Lisa [10]

Answer:

A) Refer to merchandise that customers return to the seller after the sale.

Explanation:

Option B is wrong because the sales return comes from customer selling while a purchase discount is given to the customer.

Option C is wrong because the sales discount can reduce the selling price of merchandise sold to customers.

Option D is wrong because the trade discount helps to the customer so that they can give less payment during purchase or sales.

Option E is wrong because the cash discount is given to customers to encourage early payment.

Option A is correct because when the customer returns the products to the seller after the sale is called sales returns.

5 0
3 years ago
Classify each item as an asset, liability, common stock, revenue, or expense.
kari74 [83]

Answer: The answer is as follows:

Explanation:

Each item is classified as follows:

(a) Issuance of ownership shares - Common Stock

(b) Land purchased - Assets

(c) Amounts owed to suppliers - Liabilities (Accounts Payable)

(d) Bonds payable - Liabilities

(e) Amount earned from selling a product - Revenue

(f) Cost of advertising - Expense

6 0
3 years ago
The financial markets are a relatively new technological development created in the last 50 years.
Thepotemich [5.8K]

Answer:

False

Explanation:

Wall Street, which is one of the most famous financial markets in the US was established in 1792. In Europe, financial markets exist since the middle ages. Modern banking started in Italy in the 12th century.

Telecommunications improved how financial markets work during the 20th century and expanded their reach, but they are almost 900 years old.

8 0
3 years ago
Belltower, Inc. has net income for 2016 of $370,000. At January 1, 2016, the company had outstanding 54,000 shares of $50 par va
horrorfan [7]

Answer:

A. $5.17

Explanation:

Use the following formula to calculate the Earnings per share

Earnings per share = ( Net Income - preferred Dividend ) / Weighted average numbers of outstanding shares

Where

Net Income = $370,000

Preferred Dividend = 10,000 x $100 x 6% = $60,000

Weighted average numbers of outstanding shares = 54,000 shares + ( 18,000 shares x 4/12 ) = 54,000 shares + 6,000 shares = 60,000 shares

Placing values in the formula

Earnings per share = ( $370,000 - $60,000 ) / 60,000 shares

Earnings per share = $5.17 per share

3 0
3 years ago
What is the opportunity cost of studying for an important exam
Setler [38]
What ? Getting a good grade I guess or $20 for A+
5 0
3 years ago
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