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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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Tiny went back to his office after the meeting and began to crunch the numbers on the rapid inflator. At a price of $10 per unit
Artist 52 [7]

<u>Solution and Explanation:</u>

<u> Part A </u>-   Inflatable divisions's Current Return on Investment = Yearly Earnings / Investment Cost * 100

There the Inflatable Division is Currently Earning $ 250,000 annually from an Asset base of $ 1,250,000

Therefore, ROI = 250000 / 1250000 * 100=20 \%

<u>Part B -   </u>Let the maximum variable cost be X.

Given that - 1. Selling Price per Unit = $10 , 2. No of Units to be produced = 40000 , 3. Annual Fixed Cost = $ 140000

Therefore ,   ROI = Current Earning + New Earning / Current Assets + New Assets

20% = 250000+[(10-\mathrm{X}) * 40000-\underline{140000}] / 1250000+100000

Solve for X getting, X = 6

Therefore maximum variable cost it can incur without change in current ROI is $ 6 per unit  

Resulting Contribution Margin per Unit = SP - VC = $10 minus $6 = $4 per unit

<u> part C -</u>   Minimum Transfer Lightning division Should charge

Given Information - Capacity of Lightning division is 150000 units and Utilized capacity is 135000 units. Therefore Spare capacity is 15000 units .Also Market Price of Product of Lightning division is $ 5 and Variable cost is $3 per unit.

So for the First 15000 units of Requirement of Inflatable division - Transfer Price should be Variable cost i.e $ 3 per unit because Lightning division has spare capacity in this.

For the next 25000 units of requirement of Inflatable division - Transfer Price should be Market Price i.e $ 5 per unit as Lightning division has to reduce is external sale.

Therefore Minimum TP = 15000 * 3+25000 * 5 / 40000=\$ 4.25 per Unit

<u>Part D -  </u>No, Here Tiny offers to transfer $4 ( $6 - $2 ) per unit to Lightning division. However  the minimum TP Lightning should get is 4.25 per unit and if less than this TP is offered by Tiny it will lead to loss in the Lightning Division.

3 0
4 years ago
An assembly line with 40 activities is balanced using 17 workstations and a finished product can be produced every 6.5 minutes.
asambeis [7]

Answer:

Maximum daily production rate= 6.125 units per day.

Minimum daily production rate= 75.38 units per day

Explanation:

Production rate is defined as the number of units of a product that is produced in a process in unit time.

In this instance we are to calculate the production rate per day.

It is given that a cycle consists of 40 activities. Completion time for 40 activities is 80 minutes.

Daily production rate = Total time of production/Time to complete one cycle

Maximum daily production rate= 490/80= 6.125 units per day.

Minimum daily production rate= 490/6.5= 75.38 units per day

5 0
3 years ago
A company earned net income of $ 80 comma 000 during the year ended December​ 31, 2016. On December​ 15, the company declared th
saw5 [17]

Answer:

Retained Earnings increased $28,650 in 2016.

Explanation:

The total increase in Retained Earnings account = Net income = $80,000;

The total decrease in Retained Earnings account = Dividend paid to common shares + Dividend paid to preferred shares = Dividend per common share x Number of common share outstanding + % dividend on preferred stock x par value of preferred stock x number of preferred stock outstanding = 0.75 x 65,000 + 2% x (130,000 / 13,000) x 13,000 = $51,350;

So, Net effect on Retained Earnings Account =  $80,000 - $51,350 = $28,650 ( increase).

5 0
3 years ago
Torque engine company is considering opening a plant in china. it will cost​ $3,500,000 to set up the plant and​ $800,000 to tra
Yanka [14]

In the given problem the company is considering opening a plant in China which shall provide the anticipated gross profit of $4,500,000. The costs of the project include

$3,500,000 to set up the plant and $800,000 to train employees, and an additional $160,000 to build relationships with the local suppliers.

So the total cost of project is 3,500,000+800,000+160,000 = $4,140,000

Now the net benefit from the project shall be 4500,000 – 4140,000 = $360,000


Hence we can say that the benefits outweigh the costs by $360,000.




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3 years ago
In terms of explaining the probability of assignment to trial arms in consent forms, which is true?
tamaranim1 [39]

In terms of explaining the probability of assignment to trial arms in consent forms, it is true that ICH notes should be included

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3 years ago
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