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tensa zangetsu [6.8K]
3 years ago
6

Angelica Canizales is the CEO of Mucho Dinero Enterprises. Sales have declined for four consecutive years and the firm's account

ants have reported net losses in each of the last two years. Employees appear demoralized and frustrated. Recently, Angelica met with managers from marketing, production, and finance to listen to their views regarding the company's problems. The managers unanimously agreed that the main problem was a lack of communication among the several functional areas of the business. Each manager felt that the firm could increase quality and customer satisfaction with better interdenartmental communication. Angelica also met with marketing and production employees to get their respective opinions on the problems of the firm ne· ployee from the production department observed, "We have so many layers of management that it takes forever to make decisions." An employee from marketing complained, "This place is so bogged down with rules and regulations that there is no opportunity to be creative. Several employees their opinions regarding their bosses. Specifically, one employee said, "My boss never pays attention to my ideas. He just issues orders and expects me to shared and also suppliers and customers, that the only way to end obey them. Angelica decided, after listening to many comments from managers and employees Mucho Dinero's slide was to completely rethink the firm's structure and to make radical changes in its organization, She presented her ideas to the board of directors, promising to voluntarily resign if her efforts to reorganize did not return the firm to profitability From her discussions with employees, Angelica learned quickly that production workers at their trust in 20-year veteran you wanted something done, Willie was the person to see. Willie appears to be an important part of the:________ a) functional structure. b) decentralized authority. c) span of control. d) informal Organization
Business
1 answer:
Mariulka [41]3 years ago
8 0

Willie appears to be an important part of the informal Organization

Explanation:

The informal organization comes from the purposeful development of a system of interactions. Willie has little influence in the formal association, but love for him in the department of development makes it very important for him to engage in the informal organisation.

The primary role of informal organizations is essentially to preserve people's values and beliefs. If you can socially associate yourself, you always feel a sense of cohesion. As a result, an informal organization has another function that will provide members with social satisfaction.

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Marigold Corp. has fixed costs of $2200000 and variable costs are 20% of sales. What are the required sales if Marigold desires
Dmitrij [34]

Answer:

$10,000

Explanation:

The required sales is calculated as;

= Fixed costs + Desired profit / Contribution margin ratio

Given that;

Fixed costs = $2,200,000

Desired profit = $200,000

Variable cost = 20% of sales

Sales = X

Contribution margin ratio =

X = $2,200,000 + $200,000 /

4 0
3 years ago
Under the ______________, financial institutions must provide a privacy notice to each consumer that explains what data about th
ExtremeBDS [4]

Answer:

Section 4(k) of the Bank Holding  Company Act of 1956

Explanation:

Under section 4(k) of the Bank Holding  Company Act of 1956 financial institution is any type of institution whose  business is involving in activities that are financial  in nature or incidental to such financial practices, as  determined by this section such as banks, dealers and securities brokers,  insurance underwriters and agents, finance companies, mortgage bankers, and travel agents must provide a privacy notice to each and every consumer having an explanation that what data about the consumer is collected, with whom that data is shared, how the data is applied, and how the data is protected.

7 0
3 years ago
Carrie wants to go on her family reunion in four years. The cost of the cruise they are planning to take is $5,000. She has foun
Slav-nsk [51]

Answer:

She Should Invest $3,815 now.

Explanation:

Future value is the accumulated value of principal and compounded interest earned in specific period on an specific return rate applied to present value. It is calculated by following formula:

FV  = PV x ( 1 + r )^n

FV = Future Value = $5000

PV  = Present Value = ?

r = return rate = 7%

n = number of years = 4 years

$5000 = PV  ( 1 + 7% )^4

$5000 = PV  ( 1 + 0.07 )^4

$5000 = PV  ( 1.07 )^4

$5000 = PV  x 1.311

PV  = $5,000 / 1.311

PV  = $3,815

5 0
3 years ago
The four phases of the business cycle are peak, recession, trough, and expansion. Business cycle lengths vary. Seasonal variatio
a_sh-v [17]

Answer:

FALSE

Explanation:

It is False that Seasonal variations and long run trends complicate the measurement of the business cycle because people are not prepared for the shift in the cycle since they are unexpected.

<em>Seasonal variations are recurring fluctuations that happen at regular and predictable periods every calendar year. Hence they are recurring and expected each year in defined months of the year</em>

<em>Businesses ought to expect to experience seasonal fluctuations in their product demand because an ice-cream producer should expect to sell more in summer while umbrella producers will sell more during the rainy season. This ability of identification of the impact of seasonal influences and the purchasing habits assists in managing seasonal variations. </em>

<em> One of the methods that businesses use to accommodate seasonal variations in product demand forecasting is Exponential soothing.</em>

<em>Exponential soothing as a tool of product demand forecasting purports that businesses should first base their forecasts on general demand, before factoring in seasonal influences. </em>

4 0
4 years ago
In the circular flow model, the value of total income for an economy ________ the value of total production.
Elena L [17]

In the circular flow model, the value of total income for an economy <u>equals</u> the value of total production.

The circular flow model is an economic model that presents how money, goods, and services move between sectors in an economic system. The main purpose of the circular flow model is to understand how money moves within an economy.

Sectors involved in the circular flow model are:

  • Household Sector
  • Business Sector
  • government Sector
  • Foreign Sector

learn more about circular flow model here

brainly.com/question/1433471

#SPJ4

5 0
2 years ago
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