The term that describes what a manufacturer spends for goods or services is called the 'cost.' When the manufacturer sells it to the consumer, this is called the price, and it is more often times than not, marked up in price.
Answer:
a.retained earnings.
Explanation:
All of the below mentioned accounts are acquired at historical cost and cash benefits do not change for them, as because they are acquired on cost, that is there carrying value is cost and related to amount for which it was acquired, further retained earnings includes the balance of current earnings added, therefore as per rules retained earnings are not converted, on historical conversion rate, and will be converted using current conversion rates of currency.
Final Answer
a.retained earnings.
->>>5.35%
( 1 + 0.0798) = (1+r) (1+h)
(1+r) = ( 1+0.0798 ) / ( 1 + 0.025) = 1.0535
r = 1.0535 - 1 = 0.0535
so answer is B 5.35%
Answer:
Organizational effectiveness
Explanation:
Organizational effectiveness is the process by which an organization is effective at achieving its required goals and objectives. The principles by which an organization can achieve its objective are:
1) Leadership: the manager must define key objective an execute them daily in other to achieve high productivity.
2) Communication: the manager must ensure that his or her message is understood consistently in other to achieve outstanding results.
3) Accountability: the manager must ensure that his or her employees are well disciplined and has the ability to learn new things.
4) Measurement: the manager must be able to measure the work progress to know if the organization is running at a profit or loss.
The four common elements of an organization include (D) common purpose, coordinated effort, division of labor, and hierarchy of authority.
Explanation:
The organizational psychologist<u> Edgar Schein </u>proposed four common elements of an organization’s structure namely
-
<u>Common purpose
:</u>It refers to the clarity of the mission and vision.
- <u>Coordinated effort
:</u>Individualistic and group effort
- <u>Division of labor
:</u>Work specification for greater efficiency
- <u>Hierarchy of authority
:</u>Setting chain of commands
If we see from the point of view of a manager the day to day operations operations of an organization can be made successful by instilling a common purpose,which result in coordinated effort across the organization and then the work is allocated on the basis of the specialization of the staff and the hierarchy of authority is also defined
