A cross-functional team is made up of employees from the same hierarchical level but different work areas. They are typically brought together to accomplish a task.
Cross-functional teams are collections comprising personnel from various departments within the organization, such as marketing, production, sales, and customer engagement. These could be working groups in which each participant is a part both of their functioning team and the cross-functional team, or they could be the main organizational structure.
Different kinds of businesses have various approaches towards how cross-functional teams function. Simply by because of their size, entrepreneurs and small firms usually employ cross-functional teams. Given that they aren't large enough to establish different teams, the majority of projects or choices are made via collaboration between individuals with various areas of expertise.
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Answer:
The correct entries would as follows:
Dr Organization/legal fees(3000*$4.5) $13,500
Cr Common stock($1*3000) $3,000
Cr paid in capital in excess of par($4.5-$1)*3000)) $10,500
Explanation:
The total cost incurred has increased to $13,500 since the stock needs to be recorded at its fair value on the date of the agreement and the approximate fair value is the market price.
As a result,legal fees expenses is debited with $13,500 while the common stock account is credited with par value of $1 per share and the excess over par value of $3.5 is credited to paid in capital in excess of par.
Answer:
Price decreases and demand increases
Explanation:
After achieving a required profit, stores usually start to sell their products on sale. A sale is an opportunity for the buyers to buy goods and services at low prices. Price and demand have an inverse relationship, that is why, on sale, the price decreases and moves the point down, whereas, the increase in the demand moves the point up.
Answer:
<u>Advertiser</u>
Explanation:
Advertising refers to promoting a product or a service with an objective to enhance it's sales and identify the prospective buyers of a product.
Advertisement medium may include , print media advertisements such as journals, newspapers, catalogs, posters, magazines, etc.
Advertising may also utilize visual space and audio means such as advertisements on radios, televisions, internet, etc.
The process begins with the advertiser who is usually the seller, refers to a person or an organization desirous of selling it's products. The seller decides the method of advertisement as per the kind of products he/she deals in and the cost he/she is willing to bear, since advertisements can be very costly.
The advertiser can be simply defined as the payer for the advertisement.
There are large variation in the individual price indexes for consumption categories leading to the agency providing an additional price indexes across many different types of goods
<h3>What are
price indexes?</h3>
Price indexes refers to an economic measure that shows how prices change over a period of time.
In conclusion, the large variation in the individual price indexes for consumption categories leads to the agency providing an additional price indexes across many different types of goods
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