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quester [9]
3 years ago
13

Jorge is a Senior Project Manager at the Toyota Motor Corporation. The Toyota Camry is mid-size automobile manufactured by the a

utomaker. In his role, Jorge reports to both Kelsey, the Camry Product Development Director, and Ali, the Toyota Manufacturing VP. Lately, both of Jorge’s bosses have competing priorities for him. Kelsey wants him to focus on how to increase the new Camry’s acceleration while Ali wants him to focus on reducing gas consumption. Reducing gas consumption is a theme for all Toyota automobiles, but would work against Kelsey’s goal to make the Camry go faster. What type of organizational structure is represented by the Toyota Motor Corporation in this situation? Explain your answer. What do you recommend happen to solve the competing priorities Jorge is facing?
Business
1 answer:
maw [93]3 years ago
5 0

Answer:

The type of organizational structure represented is <u><em>matrix organizational structure.</em></u>

Explanation:

In an organization with a Matrix organizational structure, hierarchy functions as a matrix, meaning employees need to report their reports to different managers. This type of organizational structure is often used in large-scale project management activities because it is flexible and enables innovation, as well as a focus on project and product management.

Therefore, in the situation faced by Jorge there are important challenges that occur due to communication failures between the different project managers, and in order to avoid this it is necessary that the information is shared by the authorities clearly and precisely, and that the points of conflict are knowledge of all, so that it can be properly ascertained and possible the search for effective solutions to solve them. A good solution would be to carry out hypothesis studies developed from the perspective of each management and then it would be possible to come up with a more appropriate approach to project efficiency

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A monopolistically competitive firm chooses
makvit [3.9K]

Answer:

D. both the quantity of output to produce and the price at which it will sell its output.

Explanation:

A monpolistically competitive firm chooses the price and the quantity to produce. This decision is guided by market conditions and the goal to maximise profit.

A monopolistic competitive firm has a downward sloping demand curve just like a monopoly, so the monpolistically competitive firm chooses the quantity that maximises its profit and then chooses price.

A downward sloping demand curve indicates that quantity demanded is sensitive to price. The higher the price, the lower the quantity demanded.

A monpolistically competitive firm is a firm that has features of both a monopoly and a competitive firm.

The ability of a monpolistically competitive firm to set prices makes it a price maker.

Just like a monopoly, a monopolistically competitive firm has the following features:

1. It faces of downward sloping demand curve.

2. It sets the price for its products.

Just like a perfect competition, a monopolistically competitive firm has the following features:

1. No barriers to entry or exit.

2. There are many buyers and sellers

Other features of a monpolistically competitive firm are:

1. Firms sell differentiated products

2. Firms engage in non price competition.

6 0
3 years ago
The Alston Inn is managed by Inns, Inc. The management contract requires 6 percent of total revenue to be transferred to the rep
Scrat [10]

Answer:

1.) Inn's annual total revenue = $7,300,000

2.) Inn's annual net operating income = $1,095,000

3.) Inn's debt service coverage ratio for the year = 9.13

Explanation:

The room revenue is first calculated as follows:

Room revenue = Number of guestrooms * ADR * Percentage of occupancy * 365 days = 200 * $100 * 70% * 365 = $5,110,000

We can now proceed as follows:

1.) Determine the Inn's annual total revenue.

Annual total revenue = Room revenue / Paid occupancy percentage = $5,110,000 / 70% = $7,300,000

2.) Determine the Inn's annual net operating income

Annual net operating income = Total revenue * 15% = $7,300,000 * 15% = $1,095,000

3.) Determine the Inn's debt service coverage ratio for the year.

Debt service coverage ratio = Net operating income / Annual debt service = $1,095,000 / ($10,000 * 12) = 9.13

5 0
3 years ago
At December 31, 2013, before any year-end adjustments, Macarty Company's Prepaid Insurance account had a balance of $2,700. It w
gtnhenbr [62]

The adjusting entry would recognise insurance expense of $1,500.

Explanation:

The policy of an insurance company, tax insurance, insurance for business failure, etc. typically lasts a year, with payments charged in full (insurance premiums). Insurance policy is never the same as the financial year of the product. There are also expected to be several consolidated financial statements and some partial financial statements for compensation premiums.

Example of insurance premium payment:

On 31 December, the insurer files an correction report in order to document the expired (extended) cost of insurance and to the the pre-paid number. This is done with an premium fee of $1,000 and a prepayment policy bonus of $1,000.

4 0
3 years ago
You are helping a customer who wants to purchase pavers and they have selected
IrinaVladis [17]

Answer:

D. Ask the customer if they need any other products for the project.​

Explanation:

Customers who buy pavers are usually involved in a medium or large house project, and probably need other products. For this reason, a sales representative should ask the customer if they need anything else for the project in order to increase sales for the company.

7 0
3 years ago
What is an agricultural marketing cooperative that helps members sell their products?
Blizzard [7]

This question provides the defition for a producer cooperative

7 0
3 years ago
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