Horizontally organised companies do not have a strict hierarchy of posts with increasing importance and allow more freedom to the employees.
Explanation:
Horizontally organised companies function very differently from traditional companies as the traditional structure is a pyramidal vertical structure.
<u>In this structure people at the top are few and are at higher positions and issue orders which are distributed by managers to employees.</u>
<u>In the horizontal structure the managers are taken out of play and even the employees make important decisions for the company.</u> This allows for greater morale and freedom but can only work for small and medium sized businesses in certain niches.
A group of sellers who agree to restrict their collective output in order to drive up prices above marginal costs is known as a:
According to the given question, we are asked to show the term which can be best used to <em>describe </em>a group of sellers who make an agreement to <em>reduce their collective output</em> so that price of goods would increase above their marginal costs.
As a result of this, we can see that this group of people in the business world are known as cartel because they behave unethically so that they could have increased profit on sales.
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Answer: Price and Quality (a. and c.)
Explanation:
Price. This was one of the best choices. The price of the raw materials has a significant impact on the price Umami can charge for its seaweed snacks; therefore, price must be controlled.
Quality. This was one of the best choices. Umami is known for its high-quality snacks, and therefore located a high-quality supplier to manufacture high-quality products.
Answer:
$34,000 Units
Step by Step Explanation:
Direct Material Quantity Variance
= SP x (AQ – SQ Allowed)
Therefore:
SQ allowed: $56,000 units x 4 lbs = $224,000 lbs.
Direct Material Quantity Variance: $8.50 x ($228,000 lbs – $224,000 lbs) = $34,000 Units
The direct material quality variance is $34,000 Units
