Answer:
Complex
Explanation:
An organizational structure can be defined as the process which typically involves dividing an organization into various functional units.
A matrix organizational structure is a type work structure where reporting relationships between employees are set up as a matrix rather than the conventional hierarchy approach.
This ultimately implies that, there are two (2) chains of command; employees have dual reporting relationships to both a project and functional manager.
Basically, the matrix organizational structure can be classified into three (3) categories, these are;
1. Weak matrix structure.
2. Balanced matrix structure.
3. Strong matrix structure.
One of the frequent complaint about a matrix organizational structure is that the exchange or dissemination of informations (communications) are complex because there exist a dual reporting relationships.
Answer:
The profit is shared among the partners according to the ratio given in the partnership deed.
This can be agreed in two ways according to the agreement deed:
1) The profits could be shared according to the partnership deed equally or whatever ratio is given in the deed.
2) As Lyle provides services as an architect, draftsperson, and business manager he can be paid separately for his services . Suppose he is paid $ 50,000 then the profit can be shared after deduction of the salary in the profit sharing ratio, which would be $ 120,000 - $ 50,000 = $ 70,000
in the ration of 3:1 then Raymond would get $ 52,500 and Lyle $ 17,500 Plus Salary $ 50,000.
The rate of return did you earn on the investment is 44%.
<h3>What is the return rate?</h3>
The net gain or loss of an investment over a given time period, stated as a percentage of the investment's starting cost, is known as a rate of return (RoR). You determine the percentage change from the start of the period to the end when computing the rate of return.
<h3>What does a rate of return look like?</h3>
The yearly rate of return, for instance, would be 16.66 percent if an investment cost $60 at the beginning of the year and ended up being worth $70.
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Answer:
false
Explanation:
Sedentary: (of work or a way of life) characterized by much sitting and little physical exercise.
Answer: Please refer to Explanation
Explanation:
If your employer offers a retirement plan, don’t participate in it. Yes.
Having a retirement plan with your employer especially one in which you are a 100% vested is a drain on your income. It might have benefits in future when you retire but if you want to engage in financial planning, you need to have access to every penny and that includes the money going to the retirement plan.
Don’t bother to set target dates for achieving your financial goals. No
Setting a target date for various amounts in your financial goals enables you to work towards them with more determination. It is important to set target dates.
Pay credit card balances in full each month. Yes
Paying your credit card balance in full every month helps you avoid interest accruing as well as increasing your credit score. It is therefore very important to pay off the balance in full every month which will be easier as long as you charge things to it that you can afford.
Start saving early in life and save throughout your life. Yes.
The more you save the more you have to invest. This is why you should start saving early if you want to engage in financial planning. You need to formulate the determination to save every time. And don't just save for saving's case, save to invest.