Foward Inc uses a <u>Functional structure</u> to organize its sales force
Explanation:
- It is one of the Most common type of organizational structure.
- In this type of structure the employees are given roles/task as per their specialization.
For example:A employee who specializes in Human Resource management will work as a Human Resource Manager.
Similarly a employee who specializes in Finance can play the role of a Mutual Fund Advisor ,Wealth Manager.
C. They cause prices to be flexible
The given statement " The most appropriate match between type of product and type of process occurs as one moves away from the diagonal in the product-process matrix " is FALSE
Explanation:
An object is a tangible product which can be marketed or used to meet internal company specifications to external consumers. A method is systemic For example – a procedure can be used in order to create a commodity.
Different objects are clustered together in a process configuration.
Process models are suitable for small businesses that do not need a single product. All unit, equipment, and machines according to how a product is made are placed in a design layout.
Answer:
a. The unemployment rate in the United States was 9.7 percent in March 2010 - Macroeconomics
b. A U.S. software firm discharged 15 workers last month and transferred the work to India - Microeconomics
c. An unexpected freeze in central Florida reduced the citrus crop and caused the price of oranges to rise - Microeconomics
d. U.S. output, adjusted for inflation, decreased by 2.4 percent in 2009 - Macroeconomics
e. Last week, Wells Fargo Bank lowered its interest rate on business loans by one-half of 1 percentage point - Microeconomics
f. The consumer price index rose by 2.7 percent from December 2008 to December 2009 - Macroeconomics
Answer:
It is more profitable to continue processing.
Explanation:
Giving the following information:
The number of units= 1,250
It can be sold now for $67,500 to another manufacturer.
Alternatively, Holmes can process the units further at an incremental cost of $250 per unit. If Holmes processes further, the units can be sold for $375 each.
<u>The $50,000 is a sunk cost, meaning that it has already happened. It shouldn't be taken into account.</u>
Sell as it is:
Income= $67,500
Continue production:
Income= 1,250*(375 - 250)= $156,250
It is more profitable to continue processing.
