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AlladinOne [14]
3 years ago
6

Julio is the owner of Party Pros, Inc., a party supply company. The company provides tents, tables, chairs, and related products

for weddings, Bar and Bat Mitzvahs, graduations, birthdays, and other celebrations. As sales have increased, the organization has brought on more personnel and departmentalized to more efficiently handle purchasing, sales, service, and accounting. Everyone is still responsible for achieving company goals. Upon seeing Celebration's organization chart, you agree it uses a_____________.
Business
1 answer:
wel3 years ago
8 0

Answer:

Line organization model

Explanation:

Based on the information provided within the question it seems that Party Pros Inc. is using a Line organization model. This is an organizational structure in which power flows from the top to the bottom, meaning that the person at the top is the owner and the individuals in each level of the hierarchy answer to those in the upper levels, all of which are trying to accomplish the same organizational goals. Such as is being described in this situation.

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What would a central bank need to do to reverse the effects of a favorable supply shock on inflation? what would its reaction do
denis-greek [22]

A favorable supply shock is a sudden increase in supply that makes the short-run aggregate supply curve (SRAS) shift to the right, average price levels go down and real GDP also shifts to the right. In this case, average price levels go down as shown in the figure below from p1 to p2 SRAS shifts right.

This may make create deflation in an economy and discourage new producers to enter the market, to bring back inflation, the central bank may reduce interest rates and decrease the money supply in the market, and in short, will follow expansionary monetary policy. This will make people demand more and hence as aggregate demand shifts to correct average price levels may again go up. This move will create new jobs in the market as aggregate demand will increase in the short term.

A supply shock is an event that causes unexpected cost increases or production disruptions. This shifts the short-run aggregate supply curve to the left, boosting inflation and lowering real domestic production.

Learn more about supply shock at

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6 0
2 years ago
When reviewing your client's search network campaign, you notice that an ad in one of the ad groups has a lower average position
svlad2 [7]
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3 years ago
29. Fiona has initiated a project to establish a company website for interactive electronic commerce that encourages customers t
vichka [17]

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By initiating a project to build a website and encouraging customers to provide certain information to the company, Fiona plans to use the Internet for "relationship marketing".

5 0
3 years ago
If a product makes it through a rigorous development process, will it be a sure success?
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3 years ago
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Everyone in the organization has a stake in how information is processed and managed.
Korvikt [17]
This is true. Hope I could help!
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