1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pogonyaev
3 years ago
7

Corey wants to reorganize the company. Currently there are HR units at each plant, fiscal units at each plant, and purchasing un

its at each plant. He feels that by bringing all of those key functions together in one location and deploying them to the plants only when needed, he will save money and also create consistency. Is Corey correct?
Business
2 answers:
algol [13]3 years ago
7 0

Answer:

Yes.

Explanation:

The company currently has HR units, fiscal units, and purchasing units at each plant. This can be costly for the company since all these units incur cost and have to be paid for separately.

By centralizing the operations, that is, bringing these functions together in one location, Corey will need fewer employees. Hence, he shall be able to save costs by having to pay lower salaries. Moreover, there shall be greater consistency as work across various plants shall not be done by the same employees.

Although the costs of travel shall increase for the company, the cost savings in the form of lower salaries should definitely outweigh this increase.

Sauron [17]3 years ago
4 0

Answer: Yes or no; depending on the below explanation (this is because the question is incomplete)



Explanation:

Corey wants to reorganize his company, with the prime objectives of:

(A) Saving money

(B) Creating consistency

The question is "Is Corey correct?"

This means "Will he be doing the right thing by reorganizing the company in the described manner?"

The answer lies in the current state of the company.

(A) Corey will save money from his plan if:

- there are not many customers across the company's plants. In this case, money will be saved if the goods and services offered or sold by the company are deployed from one plant to the others.

- the company is low on capital and needs to lay off workers. In this case, the company won't have any choice than to reduce the number of operations at each plant.

- the goods and services rendered by his company are no more in high demand in most of the regions where the company's plants are situated.

- cost of raw materials will be minimized (relative to revenue maximization) by reducing the number of plants the company has or the number of operations in each plant.

(B) Corey will create consistency from his plan if in his reorganization, be brings to the designated plant, the best resources of the company; for efficiency sake.

If these are Corey's reasons for the reorganization of his company, then Corey is correct.

If contrasting reasons to the ones laid out above are Corey's reasons or are the current state of the company, then Corey will not be correct.

You might be interested in
What's meant by the term Gross Domestic Product? Question 14 options: The total value of all goods and services produced in a co
Sladkaya [172]
The answer is the total value of all goods and services produced in a country in a given year. I hope that helps!
6 0
2 years ago
Describe two ways in which the organisation supports the community?​
enyata [817]

Explanation:

<em><u>This often includes inclusive networking, interpersonal organizing, listening, reflexivity, non-violent communication, cooperation, mutual aid and social care, prefiguration, popular education, and direct democracy.</u></em>

3 0
3 years ago
Read 2 more answers
Serges is the owner of a retail meat marketing business. Without authority his managing agent borrowed $3,500 from David, on Ser
cupoosta [38]

Answer:

slattxiana

Explanation:

3 0
3 years ago
Your company has been bought out by another company. In the acquisition, you have been asked to leave the company and as severan
expeople1 [14]

Answer:

$614,457

Explanation:

The present value of the annual cash inflow of $100,000 for ten years can be found by the following formula:

Present Value  = Annual Cash Inflow * Annuity Factor (Step 1)

Here

annuity Factor at 10% for 10 years time is

By putting values we have:

Present Value = $100,000 × 6.14457 = $614,457

Step 1 : Annuity Factor

Annuity Factor = (1 - (1 + r)^-n) / r

Here r is 10% and n is 10 years.

So by putting values, we have:

Annuity Factor = (1 - (1 + 10%)^-10) / 10%   =  6.14457

8 0
3 years ago
Which types of computers have all of the hardware integrated with the monitor?
oksano4ka [1.4K]
All-in-one computers are <span>types of computers have all of the hardware integrated with the monitor.

All-one-computer was first designed in 1998 by </span><span>Apple iMac. In this computer, all system components and hardware are just integrated into one unit.</span>
3 0
3 years ago
Other questions:
  • Your grandfather made an investment of $4,000 the day you were born, as such starting to earn returns immediately. His assumptio
    13·1 answer
  • Malcolm is part of a team developing a new smartphone app to track traffic patterns. Because team members are located throughout
    8·1 answer
  • When does a cash dividend become a legal​ liability?
    11·1 answer
  • At December 31, 2020, the following information was available for Concord Corporation: ending inventory $35,750, beginning inven
    7·1 answer
  • Which of the following is not a comprehensive basis of accounting other than generally accepted accounting principles?A. Basis o
    13·1 answer
  • Specialty shops:
    14·1 answer
  • True or false: transfer payments are accounted for in the consumption component of gdp. true false
    7·1 answer
  • 4. What are the main political and economic risks that ABB must deal with given that it has a strong focus on entering emerging
    14·1 answer
  • When they first started to conduct business, international ride-sharing companies such as Uber or Lyft relied on new, unfamiliar
    13·1 answer
  • The process of gathering information and deciding who should be hired, under legal guidelines, in the best interest of the organ
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!