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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Answer:
Break-even point= 15,000/ (5 - 3)= 7,500 units
Explanation:
Giving the following information:
Each unit of output can be sold for $5, variable costs are constant at $3 per unit, and if the fixed costs are $15,000.
We need to use the following formula:
Break-even point= fixed costs/ contribution margin
Break-even point= 15,000/ (5 - 3)= 7,500 units
Fed can achieve its goals using the given tools as shown below.
<h3>
What is money supply?</h3>
- The money supply (or money stock) in macroeconomics refers to the entire volume of currency held by the public at a given point in time.
- There are numerous definitions of "money," but common measures often include currency in circulation and demand deposits (depositors' easily accessible assets on financial institutions' accounts).
- A country's central bank may utilize a definition of what constitutes legal money for its own reasons.
- Money supply data is recorded and released, typically by a government agency or the country's central bank.
- Changes in the money supply are monitored by public and private sector experts because it is believed that such changes affect the prices of securities, inflation, exchange rates, and the business cycle.
In the given situation, Fed can achieve its goals using the given tools:
- Change the reserve requirement - The Fed should lower the reserve requirement to 48 ± 1 percent.
- Change the discount rate - The Fed should lower the rate by 12.50 ± 0.01 percentage points.
- Use open market operations - The Fed should buy $125.00 ± 0.01 worth of bonds.
Therefore, Fed can achieve its goals using the given tools as shown.
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The complete question is given below:
The Fed wants to increase the money supply (which is currently $5,000) by $250. The money multiplier is 2, and people hold no cash. For each 1 percentage point, the discount rate falls, and banks borrow an additional $10. Explain how the Fed can achieve its goals using the following tools:
a. change the reserve req.
b. change the discount rate.
c. use open market operations.
Answer:
3400
increase
Explanation:
the Herfindahl index is used to calculate the concentration of firms in an industry
The HHI is calculated by squaring the market share of each firm in the industry.
40² + 30² + 30² = 3400
If one of the firms leaves the industry, the industry becomes more concentrated and the HHI index would increase
Answer:
c- 1.15 units.
Explanation:
This can be calculated as follows:
Expected price at 10 percent = $5 * 10% = $0.5
Expected price at 90 percent = $2 * 90% = $1.80
Total expected price (EP) = $0.5 + $1.80 = $2.3
Since profit is maximized when EP = MC, we have:
2.3 = 2Q
Q = 2.3 / 2 = 1.15
Therefore, OJ should produce 1.15 units to maximize expected profit. The correction is therefore c- 1.15 units.
