A flat organization structure has less layers of management between workers and top management. It requires more open communication but transparent communication can lead to complications if management is not well trained.
A flat organization structure means that there are few tiers of management between the lowest-level employees and the top executives. The lack of middle managers gives workers additional power, including the ability to make decisions. The authority, control, and reporting structures for employees are determined by the organizational structure of a corporation.
Your internal communications are more rapid, simple, and less prone to errors or misunderstandings. Larger and taller structures make communication challenging since final decisions must pass through more levels of management. Your business can respond to changes more quickly and waste less time on inefficient communications if it has a flat organization structure.
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Answer:
Leno Company will record a debit to Cash in the amount of: D. $9,800
Explanation:
The terms of 2/10, n/30 means 2% discount for the payment within 10 days and the full amount to be paid within 30 days.
Fallon Company pays the invoice within the discount period - early enough to receive a 2% discount. The discount amount is 2% x $10,000 = $200.
On the other hand, Leno Company has to offer a 2% discount to Fallon Company. Cash amount Leno Company receives = $10,000 - 2% x $10,000 = $9,800
Leno Company will record a debit to Cash in the amount of $9,800
Answer:
substitution effect The supply curve slopes upward because at a higher price, producers have an incentive to produce more.
Explanation: Google
Answer:
18 minutes.
Explanation:
The standard deviation for the call time is 50 minutes while the average call duration is 25 minutes. The caller has to wait for sometime before the agent answers it because they have 4 agents who take up the calls from the clients. A call arrives every 20 minutes with a standard deviation of 20 minutes. In the given scenario the waiting time can be calculated using the formula below:
t = ( Ф * standard deviation + average call duration * standard deviation )
Solving the equation we get 18 minutes.