Answer:
a. the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership.
Explanation:
If the organization is a dynamic system, it means that conditions change fast and often. In this case, a plan developed by top-management may not be adequate enough a month, or even a week later after being devised.
Therefore, it's best to allow frontline managers, who have knowledge about daily operations and conditions, to develop their own plans (with the assistance of the planning specialists), and to modifiy those same plans if needed.
Answer:
The company will report $115,000
Explanation:
Giving the following information:
Sales revenue= 350,000
Cost of goods sold= (150,000)
Gross profit= 200,000
Operating expenses= (110,000)
Net operating income= 90,000
Foreign currency translation gain= 25,000
Net income= 115,000
The company will report $115,000
Answer:
This is widely considered to be a benefit of starting your own business and is also a factor for motivation
The above assertion is true.
True: Efficiency losses are reductions of combined consumer and producer surplus associated with both underproduction and overproduction of a product
<h3>Efficiency losses</h3>
Efficiency losses are reductions of combined consumer and producer surplus associated with both underproduction and overproduction of a product.
In conclusion, we can conclude that the correct answer is True
Learn more about efficiency losses here: brainly.com/question/1569441
