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Ad libitum [116K]
3 years ago
11

Within its human resource​ department, hoosier enterprises has a vice president of human​ resources, a director of human​ resour

ces, a labor relations​ manager, assistant managers of human​ resources, a manager of​ compensation, an employee benefits​ manager, human relations​ supervisors, and team leaders for training and employee development. this hierarchy would suggest that hoosier enterprises has​ a(n) _______ organization.
Business
2 answers:
Tema [17]3 years ago
7 0

Answer:

Hoosier Enterprises has a Tall Organizational Structure.

Explanation:

A tall organizational structure is an organization with tall hierarchy or many layers of structural levels. This type of structure is present in complex and large organizations. As we can see the example here, The Human Resource Department of Hoosier Enterprises has a tall structure having a Vice President, a Director, Labor Relations Manager, Assistant Managers of Human Resource, Manager of Compensation, an Employee Benefit Manager, Human Relations Supervisors and team leaders. This is a tall organizational structure that is prevailing in Hoosier Enterprises.

aleksley [76]3 years ago
5 0
Hoosier enterprises hierarchy in which there are many managers (<span>vice president of human​ resources, a director of human​ resources, a labor relations​ manager, assistant managers of human​ resources, a manager of​ compensation, an employee benefits​ manager,...) </span>suggest that Hoosier enterprises has​ a tall  organization. This type of organization has many levels of hierarchy, many managers, and each manager has a small span of control.
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Financial statements are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand.

Explanation:

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Explanation:

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Formulating Financial Statements from Raw Data
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Solution:

General Mills, Inc., Income statement for year ended May 25, 2003

Particulars                                               Millions $

Revenue                                                $10,506

Less Cost of goods sold                       - 6,109

                                                            ----------------

Gross profit                                            4,397

                                                            ----------------

Less operating expenses                     - 3,480

                                                            -----------------

                                                                  917

                                                             -----------------

Balance sheet May 25, 2003

Assets             Million $            Liabilities                             Million $

Cash                  703                 Total Liabilities                      13,752

Non cash           17,524            Stockholders' equity              4,475

Total assets       18,227             Total Liabilities & equity       18,227

Statement for cash flows for year ended May 25, 2003

            Particulars                                                     Million $

    Cash from operating activities                                 1,631

    Cash from financing activities                                 - 885

    Cash from investing activities                                 - 1,018

                                                                                    --------------

   Net change in cash                                                      -272

                                                                                    ----------------

   Cash, beginning year                                                   975

                                                                                     -----------------

                                                                                           703

A negative amount for cash from financing activities reflects the reduction of long term debt

                   Profit margin = ( Net income / Revenue ) * 100

                                         = ( 917 / 10,506 ) * 100

                                         = 8.72%

                   Asset turnover = Revenue / total assets

                                             = 10,506 / 18, 227

                                             = 0.57

                  Return on assets =( Net income / Total assets ) * 100

                                                = ( 917 / 18, 227 ) *100

                                                = 5.03%

                  Return of equity = ( Net income / Total shareholder equity )*100

                                               = ( 917 / 4,475 ) *100

                                               = 20.49%

4 0
3 years ago
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