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lukranit [14]
3 years ago
8

There are several different traditional organizational designs. Some organizations are small enough that they can utilize a simp

le structure. Others are best served by grouping their organization by the occupational specialty of organizational members. Still others require a divisional structure that groups activities around the products they produce, the customers or clients they serve, or their regional or geographic locations. This activity is important because organizational leaders must know how to choose the proper organizational structures based on their firms' needs and natures. The goal of this exercise is to challenge your knowledge of the different types of structures that are considered traditional organizational designs. Match each position with the corresponding type of organizational structure. Functional Structure Product Division سا Geographic Division 4 Customer Division 5 Simple Structure Match each of the options above to the items below. Assistant to the President: Ms. Fineberg has low work specialization and few rules in her position. V.P., Human Resources: Mr. Allen is the top human resources executive. V.P., Television Division: Mr. Hernandez oversees the television division. V.P., Commercial Accounts: Ms. Nguyen is the head of commercial accounts. V.P., European Market: Ms. Orlov is in charge of the company's European markets.
Business
1 answer:
Andrej [43]3 years ago
7 0

In a functional structure organization the grouping is based on the Functional specialization of the individual. Product division is the division of an organization refers to the division based on the product .Like television department,Washing machine department,Fridge department.Geographic division refers to division based on the geographic location.Customer division refers to the commercial division

Explanation:

  1. <u>Functional Structure</u> :V.P., Human Resources: Mr. Allen is the top human resources executive.
  2. <u>Product Division: </u>V.P., Television Division: Mr. Hernandez oversees the television division.
  3. <u>Geographic Division :</u>V.P., European Market: Ms. Orlov is in charge of the company's European markets.
  4. <u> Customer Division :</u>V.P., Commercial Accounts: Ms. Nguyen is the head of commercial accounts.
  5. <u> Simple Structure :</u> Ms. Fineberg has low work specialization and few rules in her position.

In a functional structure organization the grouping is based on the Functional specialization of the individual.

Product division is the division of an organization refers to the division based on the product .Like television department,Washing machine department,Fridge department.

Geographic division refers to division based on the geographic location.

Customer division refers to the commercial division

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3 years ago
There are four seats on the board of directors of MMT, Inc., up for election. The firm has 175,000 shares of stock outstanding a
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Answer:

We must spend $575,023 to acquire sufficient shares to guarantee your election to the board

Explanation:

To calculate the number of shares, the below formula will be used

Number of shares = [(S * X) / (D + 1)] + 1

S = Total number of shares, X = Number of seats you want to leave, D = Total number of seats

Number of shares = (175,000 * 1) / (4 + 1) + 1

Number of shares = (175,000 / 5) + 1

Number of shares = 35,000 + 1

Number of shares = 35,001

We control 35,001 if we wants to guarantee election to the board.

The additional no of shares that we need to buy is as calculated below as we already owns 10,000 shares

Cost = (Number of shares required - Number of shares already owned) * Price per share

Cost = (35,001 shares - 10,000 shares) * $23

Cost = 25,001 shares * $23

Cost = $575,023

Thus, it will cost us $575,023 to guarantee that we will be elected to the board.

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3 years ago
Suppose a bank has $500,000 in deposits and a required reserve ratio of 10 percent. then required reserves are
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Jennifer bought an AirFryer online and chose an in-store pick-up option. When she went to pick up the AirFryer, she was told tha
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Jennifer bought an AirFryer online and chose an in-store pick-up option. When she went to pick up the AirFryer, she was told that the product was sold out. Jennifer's dilemma is referred to as the classic dilemma, the anticipation of receiving a highly desirable option only to have it become inaccessible.

<h3>What is classic dilemma?</h3>

Classic dilemma is a type of dilemma where an individual does not have a choice to pick or select.

The individual is faced with just a choice from the option.

Therefore, Jennifer bought an AirFryer online and chose an in-store pick-up option. When she went to pick up the AirFryer, she was told that the product was sold out. Jennifer's dilemma is referred to as the classic dilemma, the anticipation of receiving a highly desirable option only to have it become inaccessible.

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A change from straight-line depreciation to double-declining-balance depreciation would be reported as?
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A change from straight-line depreciation to double-declining-balance depreciation would be reported as a restatement of the prior period statements only.

The term depreciation refers to an accounting method used to allocate the cost of a tangible or physical asset over its useful life. Depreciation is thus the decrease in the value of assets and the method used to reallocate, or "write down" the cost of a tangible asset.

An example of Depreciation – If a delivery truck is purchased by a company with a cost of Rs. 100,000 and the expected usage of the truck are 5 years, the business might depreciate the asset under depreciation expense as Rs. 20,000 every year for a period of 5 years.

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