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stich3 [128]
3 years ago
12

Company XYY has recently won several bids and is now discussing how to structure the staff so that every contract can be success

fully completed on time. Select two business structures and briefly describe them. Include an example of when each structure might be used in your description.
Business
2 answers:
SSSSS [86.1K]3 years ago
4 0

Answer:

Two structures that the company can use:

Functional structure: this is the most common type of organizational structure, and it might be the one that company XYY already uses.

In this structure, the firm is divided among departments that have a specific role, or function.

The most basic division would include a production department, a marketing department, a finance or accounting department, and a marketing department.

Flatarchy: a term that is a combination of the word "flat", and the word "hierarchy", it simply means "flat hierarchy".

This innovative organizational structure does not really promote a specific hiearchy or division, and instead, all employees work closely together for a common goal, in a attempt at building a more colaborative and holistic approach.

MERCY2 years ago
0 0

Functional structure: groups staff by expertise and skills, typically a project manager schedules involvement of the groups when required. Example: In a new building, the IT department would be called in to install wiring and routing equipment once the building structure was completed.
Geographical structure: groups staff by knowledge of region or physical location. Example: one contract is in New York and another in Dallas, but both locations might require different expertise in permits, weather patterns, or local laws. This method also cuts down on travel costs.
Product structure: groups staff based on their knowledge of a specific product. Example: if a company is installing Cisco wireless networks throughout hospitals across the entire country. The team would require industry knowledge as well as their wireless technical knowledge.
Project structure: groups people with different skills, knowledge and location to work together on a single project. Example: making a movie requires actors, make-up artists, lighting technicians etc.

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nekit [7.7K]

Answer:

3 years

Explanation:

<u>First method</u>

The PV of the investment can be written as:

PV1 = $15,000 + $32,500/(1+0.06)^n

<u>Second method</u>

The PV of the investment can be written as:

PV2 = $23,000 + $23,000/(1+0.06)^n

After n years both projects will be economically equal. Hence their present value must be equal PV1 = PV2

$15,000 + $32,500/(1.06)^n = $23,000 + $23,000/(1.06)^n

$23,000 - $15,000 = $32,500/(1.06)^n - $23,000/(1.06)^n

$8,000 = $9,500/(1.06)^n

(1.06)^n = $9,500/$8,000

(1.06)^n = 1.1875

Taking log on both sides we get:

nlog1.06 = log 1.1875

n = log 1.1875/log 1.06

n = 0.07463361829/0.02530586526

n = 2.94926166417121

n = 3

So, the answer is 3 years

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Answer: See explanation

Explanation:

a. Debit: Raw material $12000

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Credit: Material price variance $500

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b. Debit: Work in process 11600

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