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likoan [24]
4 years ago
7

CityProtect Corp., a medium-sized financial services company, has a departmentalization structure in which the employees are gro

uped together based on their area of expertise. Thus, the firm has separate teams that handle loans, stock broker services, accounting services, insurance plans, etc. This is an example of _____ departmentalization.
Business
1 answer:
romanna [79]4 years ago
8 0

Answer: Functional

Explanation:

The functional departmentalization is one of the type of organized form of department in an organization in which the different types of employee are performing their task and function depend upon their individual expertise and capabilities.

The main advantage of the functional departmentalization is that it helps in reduce the complexity in an organization as depend upon different operation the task are get divided to the different department in the company.

According to the given question, the given example of the City-protect corporation is best illustrating the functional department concept. Therefore, Functional is the correct answer.    

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Which type of economic system has government working closely with large, privately owned companies?
galben [10]

State capitalism.

Capitalism. capitalism economic system in which the means of production are privately owned. is an economic system in which the means of production are privately owned.

Capitalism is often thought of as an economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that can serve the best interests of society. The essential feature of capitalism is the motive to make a profit.

The system with the highest level of government control is communism. In theory, a communist economy is one in which the government owns all or most enterprises. Central planning by the government dictates which goods or services are produced, how they are produced, and who will receive them.

Learn more about State capitalism at

brainly.com/question/25879591

#SPJ4

5 0
2 years ago
Ahrens Inc is preparing its January balance sheet. Ahrens has $3,100 in Supplies to be converted in March, $4,700 Notes Receivab
Sveta_85 [38]
Assets should be listed down based on its liquidity. The more liquid it is, the higher its place in the balance sheet.

<span>$3,100 in Supplies to be converted in March,
$4,700 Notes Receivable to be converted in August,
$800 in Prepaid Insurance to be converted in April, and
$6,200 in Accounts Receivable to be converted in June

The assets should be listed in this order:
</span><span>Supplies                      $3,100
</span><span>Prepaid Insurance          $800
</span><span>Accounts Receivable   $6,200
</span><span>Notes Receivable         $4,700</span>
8 0
3 years ago
The following account balances were taken from the 2021 adjusted trial balance of the Bowler Corporation: sales revenue, $485,00
jekas [21]

Answer:

Bowler Corporation

Income Statement for 2021

Sales revenue                                    $485,000

Less Cost of goods sold                  ($248,000)

Gross Profit                                         $237,000

Less Expenses

salaries expense              $61,000

rent expense                    $36,000

depreciation expense     $46,000

miscellaneous expense  $28,000   ($171,000)

Net Income/ (Loss)                             $66,000

Explanation:

Income Statement shows the Operating performance of the the company over the financial period.

Income/loss = Sales - Expenses.

8 0
3 years ago
Scott is a woodworker and charges $125 an hour for his time manufacturing custom-made wood products. For his wife's birthday, he
forsale [732]

Answer:

The answer is B

Explanation:

GDP is no affected by Scott's production of the jewelry box.

7 0
4 years ago
With the CEO and driver of the company—Howard Schultz—stepping down as the company’s unquestioned leader, do you expect Starbuck
Komok [63]

Answer:

The short answer to that is No, Starbucks will not change its foreign market entry strategy.

Explanation:

The reasons are as follows:

  1.  did Howard Schultz lose his shares when he stepped down? This is highly unlikely and according to the rules of corporate governance may depend on his contract. So stepping down as the chairman does not necessarily translate to losing control.
  2. Corporations such as Starbucks: don't just up and change direction. Strategies are usually vetted by the board of directors. Whoever the majority shareholder is (corporate person or individual) will always have a say regarding the expansion of the business.
  3. Howard Schultz has stepped down in 2018. At that time, Starbucks had a total of 28,000 stores in 77 countries. Currently, there are 15,000 in 50 countries. This reduction didn't happen because Howard stepped down but because of the recent pandemic which hit the globe in 2020.

Cheers

8 0
3 years ago
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