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Anna [14]
3 years ago
10

Managers who are responsible for just one organizational activity are known as ______ managers.a. specialist b. first-line c. si

ngular d. functional e. top-level
Business
1 answer:
omeli [17]3 years ago
5 0

Answer:

d. functional

Explanation:

A functional manager can be described as a managers whose responsibility is to manage an organizational unit such as a department within an organization.

A manager can be given the responsibility to manager a specific department such as marketing, engineering, IT,  or public relations.

The primary role of a functional manager is to be in charge and manage  resources in his department, and to also to direct the technical work of people working on a project under his functional area.

Therefore, managers who are responsible for just one organizational activity are known as <u>functional managers</u>. The correct option is d. functional.

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art of the negotiation with the investment banker during the selection process has to do with how the investment banker will be
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A best effort approach, in which the investment banker pledges to do his or her best to sell the shares and will take a small percentage of the sale of each stock
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3 years ago
n Corporation has a single product whose selling price is $120 per unit and whose variable expense is $80 per unit. The company’
Yuri [45]

Answer:

Explanation:

targeted profit can be achieved after covering total cost including fix cost

total cost = variable cost + fix cost

break even = total cost = total revenue

first we need to cover variable cost

Selling price                             =  120

Varaible cost                            =  -80

contribution margin                =   40

Now we need to cover fix cost

break even =  fix cost/ contribution margin    

break even =  50000/40

break even =  1250

now we need extra units to cover the targeted profit

 targeted units =  10000/40  

 targeted units =  250

total units that should be sold for targted profit of $10000 = (250+1250) = 1500

or  

we can solve through this method

targeted units = (fix cost+targeted profit) / CM per unit

targeted units = (50000+10000)/40

targeted units = 60000/40

targeted units = 1500

7 0
4 years ago
1. Which of the following is the most permanent type of business organization?
DerKrebs [107]
1) The most permanent type of business organization is a Corporation.   
     It<span> is a company or group of people or an organisation authorized to act as
     a single entity (legally a person) and recognized as such in law. 
</span><span>2) Quasi-contracts are based on the theory of Equity.   </span><span>A quasi-contract is a
     fictional contract that was created by courts to promote equitable
     treatment. It is not an actual, legally-binding document, but instead a legal
     substitute for a contract that is formed to impose equity between two
     distinct parties. 
3) </span>The object of the contract must be lawful.. T<span>he </span>object<span> of a </span>contract must
     be lawful<span> when the </span>contract<span> is made, and possible and ascertainable by
     the time the </span>contract is to<span> be performed.</span>
5 0
3 years ago
________ consists of the factors that have an impact on the definition of the marketing research problem, including past informa
ICE Princess25 [194]

Answer: Environmental context of the problem

Explanation:

 The environmental context of the given problem basically consist of the various types of factors which have a huge impact on the marketing research related problems.

It basically helps in understanding the various types background related concepts about the industry and also about the client issue.

According to the given question, the marketing related issue basically include the forecast, past information and also the constraints of an organization by developing various types of technological skills in the firm.    

 Therefore, Environmental context of the problem is the correct answer.  

4 0
3 years ago
Bestmilk, a typical profit-maximizing dairy farm, is operating in a constant-cost, perfectly competitive industry that is long-r
emmasim [6.3K]

Answer:

a. (i). See the labelled diagram on item (A) on the attached

   (ii). See the labelled diagram on item (A) on the attached

b. (i). See the labelled diagram on item (B) on the attached

   (ii). See the labelled diagram on item (B) on the attached

   (iii) See the labelled diagram on item (B) on the attached

c.      For Bestmilk to continue to produce in the short run, either Price (P) is equal to or less than average variable cost (AVC) that is, (P>=AVC) or price (P) is greater than average total cost (ATC), that is (P>ATC)

d. (i). The initial long run equilibrium will be maintained

   (ii). The original profit maximizing output will be maintained.

   (iii) The number of firms will reduce in response to the elimination of the      super-normal profit that initially attracted to the industry in the short run.  

Explanation:

b. (i) A decrease in the consumer income will force price in the industry to drop from P1 to P2 and output will naturally follow the downward trend from Q1 to Q2.

   (ii) Both the profit maximizing price and quantity will fall to a new level for Bestmilk.

    (iii) A decrease in the consumer income will make Bestmilk to operate at a loss as shown in the shaded area of the attached file.

c. For Bestmilk to continue to produce in the short run, either the price (P) charged for the product should be greater than or equal to the variable cost per unit what this means is that P>= AVC or the price (P) charged for the product is greater than average total cost. i.e. P>ATC

d. (i). The initial long run equilibrium will be maintained

   (ii). The original profit maximizing output will be maintained.

   (iii) The number of firms will reduce in response to the elimination of the      super-normal profit that initially attracted to the industry in the short run.  

Download docx
8 0
3 years ago
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