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zubka84 [21]
3 years ago
13

Kate holds a middle-management position with a large corporation. She prefers to involve her subordinates in decision making. Sh

e also favors allowing workers a fair amount of flexibility in how they do their jobs. Kate’s approach to management exemplifies the principles first popularized by Max Weber.
Business
1 answer:
PtichkaEL [24]3 years ago
6 0

Answer:

Formal selection principle..

Explanation:

  • Max Weber gave 5 principles of the bureaucratic structure as the division of labor, hierarchy of authority, and the framework of rules, impersonality a formal selection.  
  • As kate is in middle management of a large organization she at the center of the hierarchy of the organization and believes that the subordinates can help in the decision making the process. This will lead to the creation of innovative ideas, reducing wastages of resources and time.
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True or False<br><br> To raise money, a partnership can sell stock.
nataly862011 [7]

Answer:

The answer is false. Partnerships can not sell stocks. They even can not issue shares to finance Thier requirements.

Only the public listed corporations can trade stocks and sell them to the open public in a registered stock exchange.

Explanation:

3 0
3 years ago
Quantity demanded price quantity supplied 45 $10 77 50 8 73 56 6 68 61 4 61 67 2 57 refer to the data. suppose quantity demanded
saul85 [17]

a. When the demand increases by 12 units, the equilibrium price rises to $6.2093 and the equilibrium quantity rises to 67.7442 units.

b. The price elasticity of supply (PES) at equilibrium is 0.20. Since the price elasticity is less than 1, we conclude that supply is inelastic.

From the given data, we can see that the equilibrium price is $4 and the equilibrium quantity is 68 units.

If the demand increases by 12 units at each point of price decline, the demand equation will be :

Qd = 105 - 6P

and the supply equation will be:

Qs = 51.6 + 2.6P

Since Quantity demanded and supplied are equal at equilibrium, we can equate the demand and supply equations and solve for price (P). Equating the two equations above, we get,

105-6P = 51.6 +2.6P

53.4 = 8.6P

P = $6.2093

Substituting the value of P in the demand equation, we get,

Qd = 105 - (6*6.2093)

Qd = 105 - 6P

Qd = 67.7442 units

b. Calculation of Price Elasticity of supply at equilibrium level.

P₀ = $4

Q₀ = 61

P₁ = $6.2093

Q₁ = 67.7442

% change in quantity = [ (Q_1 - Q_0) / Q_0 ] * 100

% change in quantity = 11.05607%

% change in price = [ (P_1 - P_0) / P_0 ] * 100

% change in price = 55.2325%

Price Elasticity of Supply (PES):

PES  = % change in quantity / % change in price

PES = 11.05607% / 55.2325%

PES = 0.20

8 0
3 years ago
Which of the following is LEAST likely to be a reason for firms to form a cartel?
GalinKa [24]

Answer:

The correct answer is letter "C": to raise competition among firms in the cartel.

Explanation:

A cartel is a group of companies or countries working together to regulate the price of a single product they produce in common. The cartel makes it impossible for a foreign business to enter the market and demand lower prices. Cartels are, in most cases, not helpful to customers. They generate high prices that remain unchanged until consumers find alternative ways to purchase the same items.

Under such a scenario,<em> cartels are unlikely to be formed to generate more competition among the companies that compose them.</em>

4 0
2 years ago
Robichau Incorporated reported the following results from last year’s operations: Sales $ 6,300,000 Variable expenses 4,930,000
photoshop1234 [79]

Answer:

Return on Investment = 17%

Explanation:

Return on Investment = Net income from investment / Investment opportunity * 100

Where Net income from investment = (Sales * Contribution margin ratio) - Fixed expenses

Net income = ($1,530,000 * 30%) - $306,000

Net income = $459,000 - $306,000

Net income = $153,000

Return on Investment = $153,000 / $900,000 * 100

Return on Investment = 17%

5 0
3 years ago
If an employee expresses organizationally desired emotions during interpersonal transactions (irrespective of his true emotions)
notsponge [240]

Answer:

Emotional labor

Explanation:

Emotional labor is emotional management whereby an individual is ought to fulfill the requirement of his job processes, without attaching or expressing any of his/her personal emotions. Even during interactions with colleagues,customers and management.

There are various job roles requiring emotional labor such as; social work,medical care,law,public administration e.t.c

8 0
3 years ago
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