setting smart goals or knowing your financial situation
Answer:
A
Explanation:
Economic risk is the risk that macroeconomic conditions would affect the value of investment .
Examples of economic risks are Recession and inflation
Answer:
The organization structure is not clearly defined, Managers are performing duties in various departments at a time.
Explanation:
San Consulting is one of the finest consulting firm in the Greater Accra Region. The firm is always a first choice for individuals who want to pursue their career in business. The Organizational structure of San Consulting is not clearly defined. San's profits are falling because management practices are not according to the other competitive organizations. The managers working at San are facing excess workload and pressure for their work. Their job descriptions is not clearly defined and they are forced to work in multiple departments at the same time due to which they are losing focus on their own work.
Questions 1: Planning, organizing, leading and controlling
Question 2: The organizational structure needs to be set and every employee should have their defined job role so they are able to complete work with efficiency.
Question 3: The profits of San consulting will rise as there will be less duplication of work and every employee will be able to focus on their own task and will work with efficiency.
Question 4: Matrix. The matrix organizational structure is not suited in this organization. The right organizational structure for San consulting will be Functional Structure.
Question 5:
(i) The profits for San Consulting will decline
(ii) The profit will rise because employee will focus more on their specific tasks.
1B. Yes agree. The managers need to focus on the external environment as well to identify the opportunities and threats present which can stimulate changes for the organization.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Sales price $ 8.90 per unit Variable manufacturing cost $ 3.60 per unit Fixed manufacturing cost $ 2,500 total Fixed selling and administrative cost $ 1,000 total Finch planned to produce and sell 3,000 units. Actual production and sales amounted to 3,200 units.
1) Contribution format income statement:
Sales= 8,900
Variable costs= 3,600
Contribution margin= 5,300
Fixed MOH= 2,500
Fixed selling and administrative= 1,000
Net operating income= 1,800
2) Flexible budget
Sales= 26,700
Variable costs= 10,800
Contribution margin= 15,900
Fixed costs= 3,500
Net operating income= 12,400
Answer:
The correct answer is letter "E": maintenance costs.
Explanation:
As a result of improving products' quality, maintenance costs tend to rise. This scenario arises because the materials or knowledge necessary to improve the quality of the products tend to come with higher prices that companies are pushes to incur to keep customer satisfaction at its maximum level possible.
