The fact that Madison wants to open a restaurant and plans to employ a staff of about 10 people, including wait staff and cooks means that Madison is planning to create a flat type of organization. The units and positions within the flat organization are flat distributed, which means there are <span>few or no levels of middle management between staff and executives.</span>
Answer:
state and federal taxation
Explanation:
Answer:
Diversification for pooling risks
Explanation:
When a company wants to diversify it goes into various products in order to reach a larger market. This is the opposite of specialisation where the company focuses on one market or product.
When a company wants to diversify it will not be a good idea to do it because they want to pool risk.
Pooling of risk involves centralisation of process so that risk due to variability will be reduced.
Diversifying will increase risk due to variability.
Answer:
5.4 years
Explanation:
Future value is the value of the calculated by compounding a specific present value using a specific discount rate
Payment = $1,500
Rate = 9.56%
Future value = $10,000
We will use the following formula to calculate the numbers of years.
Future Value = Payment x [ ( 1 + r)^n - 1 / r ]
$10,000 = $1,500 x [ ( 1 + 9.56%)^n - 1 / 9.56%
$10,000 x 9.56% / 1,500 = ( 1 + 9.56%)^n - 1
0.6373 +1 = 1.0956^n
1.6373 = 1.0956^n
Log 1.6373 = n log 1.0956
n = log 1.0956 / Log 1.6373
n = 5.4 years
Answer:
Units to be produced will be 540
So option (a) will be the correct answer
Explanation:
We have given number of units sold = 500 units
Beginning inventory is given = 60 units
And ending Inventory= 100 units
We have to find units to be produced
Units to be produced is given by
Units to be Produced= Ending Inventory + Units to be Sold - Beginning Inventory = 500 + 100 - 60 = 540 units
So 540 units are produced
So option (a) will be the correct answer