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Virty [35]
3 years ago
13

Which of the following statements is true regarding a cross-functional team?A) A cross-functional team is made up of employees f

rom different hierarchical levels.B) A cross-functional team is made up of employees from the same department.C) Cross-functional teams have decreased in popularity in the last few decades.D) In the case of a cross-functional team, the early stages of development are typically very short.E) Cross-functional teams are used for developing new ideas and coordinating complex projects.
Business
1 answer:
Aleksandr [31]3 years ago
7 0

Answer:

E) Cross-functional teams are used for developing new ideas and coordinating complex projects.

Explanation:

A cross-functional team is composed of members of the same hierarchical level but work in the different departments or areas of the organization, like finance, human resource, research and development, security and legal.

These members are usually the heads of offices of these departments who gather together to discuss, innovate and develop new ideas geared towards the advancement of the organization.

Goal congruence is a vital component in a cross-functional team.

You might be interested in
If the inverse demand function is:
Vesnalui [34]

Answer:

-0.136 and $528

Explanation:

Given that

p = 50 - 0.5Q

where,

Q = 88

So, p equals to

= 50 - 0.5 × 88

= 50 - 44

= $6  

As it is mentioned that

p = 50 - 0.5Q

0.5Q = 50 - p

Q = 100 - 2p

And we know that

Price elasticity of demand is

= Percentage Change in quantity demanded ÷ Percentage Change in price

So,

= -2 × (6 ÷ 88)

= -0.136

And, the revenue is

= Price × Quantity

= $6 × 88

= $528

8 0
3 years ago
A flexible budget for 15,000 hours revealed variable manufacturing overhead of $90,000 and fixed manufacturing overhead of $120,
Ket [755]

Answer:

B. $270,000.

Explanation:

The computation of the total overhead cost is shown below:

But before that first we have to find out the variable overhead per hour which is

= $90,000 ÷ 15,000

= $6 per hour

Now

Variable overhead for 25,000 hours is

= $6 per hour × 25,000

= $150,000

So,

Total overhead cost is  

= Variable overhead for 25,000 hours + Fixed overhead cost

= $150,000 + $120,000

= $270,000

hence, the correct option is B. $270,000

6 0
3 years ago
You see a used sporty car that you would like to own. It costs $9,000 and you would pay 7.2% interest, compounded monthly and fi
bogdanovich [222]

Answer:

$24,705.8

Explanation:

To find the answer, we will use the present value of an annuity formula:

PV = A (1 - (1 + I)^-n / i

Where:

  • PV = Present value of the investment (in thise case, the cost of the car)
  • A = Value of the annuity (the monthly payments)
  • i = Interest Rate
  • n = number of compounding periods

The monthly payments are an annuity: they are periodic, fall under the same interest rate, and have the same value, therefore, if we find the value of the annuity, we will find the value of the first monthly payment at the same time (both things are the same):

Plugging the amounts into the formula we obtain:

9,000 = A ( 1 - (1 + 0.072)^-36 / 0.072

9,000 = A (12.75)

9,000 / 12.75 = A

705.88 = A

Now, to find the full value of the loan, we multiply the annuity value for 36, because that value will be paid 36 times until the loan is completed:

Full value of the loan = 705.88 x 36

                                   = 25,411.68

Finally, to find the loan balance after the first payment, we take the full value of the loan, and substract the value of the annuity from it:

Loan balance after first payment = 25,411.68 - 705.88

                                                      = 24,705.8

3 0
3 years ago
The lack of competition within a monopoly means that
nexus9112 [7]
The company could make the prices as high as they want. This is also means the company basically rules the business.
5 0
3 years ago
Read 2 more answers
On October 1, 20X1, a company purchased a piece of land by agreeing to pay the seller $450,000 in two years. If the company had
erma4kov [3.2K]

Answer:

$378,756

Explanation;

The net present value of land will be =$450,000/1.09^2=$378,756

The land will be recorded in net present value of land by discounting the cost of land with interest rate of buying from the bank.

4 0
3 years ago
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