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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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Loren Company's single product has a selling price of $15 per unit. Last year the company reported total variable expenses of $1
34kurt

Answer:

If the company applies the changes, income will increase by $28,500.

Explanation:

<u>First, we need to calculate the current number of units sold:</u>

Sales (dollars)= net income + fixed costs + total variable cost

Sales (dollars)= 30,000 + 90,000 + 180,000

Sales (dollars)= $300,000

Number of units= 300,000 / 15= 20,000

<u>Now, the selling price increases by 15%, and the number of units decreased by 10%:</u>

Unitary variable cost= 180,000/20,000= $9

Selling price= 15*1.15= $17.25

Number of units sold= 20,000*0.9= 18,000

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Net operating income= $58,500

If the company applies the changes, income will increase by $28,500.

4 0
2 years ago
OMG Corporation just paid a $1.60 annual dividend on each share. It is planning on increasing its dividend by 16 percent a year
mamaluj [8]

Answer:

$220.028

Explanation:

According to dividend valuation model, the price of share is the present value of all the dividends that the share will give in future.

Based on the above statement the price of the share of the OMG Corporation  shall be determined as follows:

Present value of year 1 dividend=1.856(1+7.10%)^-1            $1.733

(1.60*1.16)

Present value of year 2 dividend=2.153(1+7.10%)^-2           $1.88

(1.856*1.16)

Present value of year 3 dividend=2.497(1+7.10%)^-3          $2.033

(2.153*1.16)

Present value of year 4 dividend=2.897(1+7.10%)^-4          $2.202          

(2.497*1.16)

Present value of all dividends after year 4=                        $212.18

[2.897(1+6%)/7.10%-6%]*(1+7.10%)^-4

Price of share                                                                        $220.028

8 0
3 years ago
A certain company has purchased new swivel chairs for its employees. The company made the purchase on a credit plan at Buy Right
Digiron [165]

Answer:

Original price= $23,158.58

Explanation:

Giving the following information:

The company purchased a credit plan at Buy Right. Their monthly payments are $1,000 for 2 years. Buy Right will charge 3.45% per year compounded monthly.

First, we need to calculate the final value, using the following formula:

FV= {A*[(1+i)^n-1]}/i

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FV= {1,000*[(1.002875^24) - 1]}/ 0.002875

FV= $24,810.48

Now, we can calculate the original price:

PV= FV/(1+i)^n

PV= 24,810.48/ (1.002875^24)

PV= $23,158.58

5 0
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Explain the role of ignorance in the rapid spread of corona virus?​
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They dont care about it
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