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sukhopar [10]
3 years ago
13

Pinewood Corp. used to have a strict hierarchical structure. Information was only given to those who required it. The new CEO, h

owever, set up a flat organizational structure. The new system eliminates any barriers to information flow. Information that was previously available to managers alone is now given to employees as well. He also assigned mentors to new employees to help them in their jobs and enable them to perform better. Pinewood Corp. can now be described as a(n) ________ organization.
Business
1 answer:
ANEK [815]3 years ago
6 0

Answer:

The correct answer is boundaryless.

Explanation:

A boundaryless organization is an association in which management has managed to eliminate the barriers between internal levels, work functions and departments, as well as reduce external barriers between the association and those with whom it works. The development of a business in an organization without limits could include the creation of a more horizontal management structure, the promotion of interdepartmental projects and the empowerment of staff members.

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When making business changes in the short run, management sometimes gets locked in to certain costs arising from previous decisi
Jlenok [28]

Answer: This is the type of cost known as Sunk.

  • sunk cost is a cost that has already been incurred and cannot be recovered. Sunk costs are contrasted with prospective costs, which are future costs that may be avoided if action is taken.

  • A sunk cost refers to money that has already been spent and which cannot be recovered. ... Sunk costs are excluded from future business decisions because the cost will remain the same regardless of the outcome of a decision.

  • The sunk cost effect is manifested in a greater tendency to continue an endeavor once an investment in money, effort, or time has been made. Evidence that the psychological justification for this behavior is predicated on the desire not to appear wasteful is presented.

3 0
3 years ago
Transformational leaders do all of the following except:__________.
timofeeve [1]

Answer:

d. Exercise their authority based on their rank in the organization

Explanation:

Transformational leadership is one where the leader works with his subordinates to identify their needs, create a goal, and mentor them to achieve these goals.

Subordinates are motivated and guided to achieve personal and business success. They tend to grow in their careers as a result of the value added by the leader.

Leaders who exercise their authority based on their rank in the organisation are not transformational leaders, rather they are authoritative.

7 0
3 years ago
Which of the following involves trading partial ownership interests for capital?
siniylev [52]

The answer is: A. Equity financing


In most cases, companies choose to do this if they want to expand their operation.

Corporations  do this by selling the shares of their company to the public or a select group of investors. When the partial ownership is traded with capital, the corporations would have an obligation to share their profit to the shareholders in the form of dividend.

6 0
4 years ago
Read 2 more answers
Harlan Mining Co. has recently decided to go public and has hired you as an independent CPA. One statement that the enterprise i
cupoosta [38]

Answer:

The cash received from customers under the direct method is $8,256,000.

Explanation:

Given:

Beginning accounts receivable = Accounts receivable on 12/31/21 = $216,000

Ending accounts receivable = Accounts receivable on 12/31/22 = $360,000

Sales revenue = $8,400,000

Therefore, we have:

Cash received from customers = Beginning accounts receivable + Sales revenue - Ending accounts receivable = $216,000 + $8,400,000 - $360,000 = $8,256,000

Therefore, the cash received from customers under the direct method is $8,256,000.

5 0
3 years ago
When comparing the results of using the direct, sequential, and reciprocal services methods of allocating support department cos
Vika [28.1K]

Answer: d. The sequential method can be viewed as a compromise on accuracy and difficulty in allocating the $1,500,000 because it considers some, though not all, inter-support-department services and is easier to compute than the reciprocal services method

Explanation:

For a a manufacturing company that has a total of $1,500,000 in support costs to allocate, it should be noted that the sequential method can be viewed as a compromise on accuracy and difficulty in allocating the $1,500,000 because it considers some, though not all, inter-support-department services and is easier to compute than the reciprocal services method

3 0
3 years ago
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