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cricket20 [7]
3 years ago
11

Thanks to his firm's decentralization and use of responsibility accounting, Matt has more time to review a proposed new joint ve

nture with one of the firm's business partners. What advantage of decentralization does this illustrate?
Business
2 answers:
Bas_tet [7]3 years ago
6 0

Answer:

Encourage the top echelon of the management focus on strategic decisions.

Explanation:

To begin, Decentralization is one of the tools of management aimed at delegating tasks to the lower level of staffs. Decision in an organization is often at:

1. Strategic level

2. Tactical level

3. Operational level

Strategic decisions are often reserved for the top management. However, being the top management, they are responsible for the activities done at all levels of decision taking. Hence, decentralization has become a tool through which management delegate otherwise important functions to trusted and competent staff.

Now, with the decentralization, Matt now has more time to review proposed new joint venture - a strategic function, with one of the business partners. This is one of the advantages of decentralization, as a competitive advantage has thus been created in the time and resources used in reviewing the new joint venture.

Over [174]3 years ago
6 0

Answer:

It encourages top level management to concentrate and focus on strategic and profitable decisions.

Explanation:

As organizations expand, decentralization becomes very necessary and crucial. This is because responsibilities increase for top managers/group of managers who run the entire organization as a result of increase in products and services offered by the organization.

As organizations expand, the need for strategic decision-making for organization's progress increases. As decentralization plays in,

1. it helps to make quicker strategic decisions

2. develops performance measures

3. it motivates local managers who are given more responsibility and the control necessary to manage their responsibility

4. it helps to refocus top management on issues important to specific segment and on broader organization-wide issues.

5. it increases expertise as local managers who have expertise are delegated with decision-making authority in specific products.

As decentralization and responsibility accounting played in, Matt and one of the firm's business partners now had more time to strategically plan and make profitable decisions for the proposed new joint venture.

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3 years ago
When is a goodwill impairment loss recognized? a. Annually on a systematic and rational basis. b. Never When both the fair value
gulaghasi [49]

Answer:

The correct answer is letter "C": When both the fair value of a reporting unit and its associated implied goodwill fall below their respective carrying values.

Explanation:

Impairment Loss is the decrease in an asset's net carrying value that exceeds the future undisclosed cash flow it should generate. The net carrying value is an asset's acquisition cost minus depreciation. Impairment occurs when a company sells or abandons an asset that is no longer beneficial.

Thus, <em>a goodwill impairment loss is recognized when the goodwill's net carrying value is below its fair value and the expected cash flow it was to generate.</em>

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3 years ago
Suppose that the average growth rate of the economy has been 3​%. Given a forecast of 2​% growth this​ year, if rational expecta
Rudik [331]

Answer and Explanation:

Forecast error is a difference between Estimated data and real data, here Estimated data is referred to as forecast data.

According to rational expectations principles, expected forecast error's average always near to be zero.

Expected forecast error may be forecast or predict in future.

So, Expected forecast error will be zero (0%)

4 0
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swat32

Answer:

The options for this question are the following:

a. 1

b. 2

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d. 1.5

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Explanation:

Group analysis or grouping is the task of grouping a set of objects in such a way that the members of the same group (called a cluster) are more similar, in some sense or another. It is the main task of exploratory data mining and is a common technique in the analysis of statistical data. It is also used in multiple fields such as machine learning, pattern recognition, image analysis, information search and retrieval, bioinformatics, data compression and graphic computing.

Group analysis is not in itself a specific algorithm, but the task pending solution. Clustering can be done using several algorithms that differ significantly in your idea of ​​what constitutes a group and how to find them efficiently. Classical group ideas include small distances between members of the group, dense areas of the data space, intervals or particular statistical distributions. Clustering, therefore, can be formulated as a multi-objective optimization problem. The appropriate algorithm and the values ​​of the parameters (including values ​​such as the distance function to use, a density threshold or the number of expected groups) depend on the set of data analyzed and the use that will be given to the results. Grouping as such is not an automatic task, but an iterative process of data mining or interactive multi-objective optimization that involves trial and failure. It will often be necessary to pre-process the data and adjust the model parameters until the result has the desired properties.

7 0
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A group of customers is drinking alcohol in your business and one of them has been identified as the designated driver. As a ser
NemiM [27]

Cut of alcohol

Explanation:

If they drink mre they are likely to becom drunk and migjt get into an accident

4 0
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