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shusha [124]
4 years ago
5

Scenario C: Panhandle Prime Energy Partners is an organization that has undergone a dramatic transformation over the last few ye

ars. Earlier, employees were managed using a wide array of rules, regulations, and procedures. Offending employees were punished for their violations. Today, employees are encouraged to make decisions and come up with innovative solutions to problems they encounter. Most employees are much more satisfied under the new arrangement. The group is much more cohesive and is committed not only to the overall success of the organization but also to its standards and reputation. Which of the following types of control systems do the middle level managers want to focus;
(a) Cocurrent
(b) Bureaucratic
(c) Clan
(d) Market
(e) Feedforward
Business
1 answer:
goldfiish [28.3K]4 years ago
3 0

Answer:

The answer is: C) Clan

Explanation:

Clan control systems allow organizations to operate as a family, basing its organizational culture on values and beliefs. Management behave more like mentors than traditional bosses. Trust is very important in the organization and few rules and policies exist.

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A firm is producing 1,000 units at a total cost of $5,000. If it were to increase production to 1,001 units, its total cost woul
xxMikexx [17]

Answer:

c. Marginal cost is $8, and average total cost is $5.

Explanation:

Marginal cost of a firm is the cost difference in producing an additional unit of a firm's output. The extra amount result from the an extra unit of output produced. It is derived by calculating the difference between the total cost and dividing it by the difference in output  i.e  change in TC/ change in output

In the question, The change in TC is calculated as $5008 - $5000 = $8 and the change in quantity is 1001 - 1000 = 1

Therefore  8/ 1= 8  marginal cost is = $8

on the other hand, Average total cost is the cost per unit of output i.e the cost of a commodity out of all the products  produced by a firm. it is calculated by dividing the total cost by the total number of output

In the question above, The total cost is $5,000 and the Total output is 1,000

$5,000/ 1000 =$ 5

similarly, when the total  output increased to 1001 and the total cost rises to $5008 the  Average cost still remains at$ 5

prove: 5008/ 1001 = 5.0002 which is approximately equal to 5.

therefore the correct answer is c. Marginal cost is $8, and average total cost is $5.

8 0
3 years ago
An investment pays $400 in one year, X amount of dollars in two years, and $500 in three years. The total present value of all t
k0ka [10]

Answer:

X = 789.70

Explanation:

we solve for X considerign each deposit is discounted at the given rate using the lump sum formula:

\frac{Maturity}{(1 + rate)^{time} } = PV

\frac{400}{1.06}+\frac{X}{1.06^2}  +\frac{500}{1.06^3} = 1,500\\X= (1,500 - \frac{400}{1.06} - \frac{500}{1.06^3}) \times 1.06^2

X = 789.7018868

6 0
3 years ago
ABC owns a company that manufactures dental radiation equipment. The company, which is run as an independent unit, has experienc
AURORKA [14]

Answer:

Top manager

Explanation:

The top managers are those persons or managers who are responsible for overseeing as well as controlling the whole business or organization. The top level managers are those who develop or establish the policies of the company, strategic plans, goals or objectives as well as make decisions on the direction of business.

The managers of the company are at the top level and plays a very important role in the mobalization of the resources.

So, in this scenario, the company experience the losses and the top managers would the one who develop the long- term plans which will make the company to be profitable.

5 0
3 years ago
There is a connection between the content of an advertisement and the characteristics of the media used to carry the message. Th
GuDViN [60]

Answer: a. Television

b. Radio

c. Magazine

d. Newspaper

e. Internet/Mobile

f. Outdoor/Billboard

g. Direct marketing

Explanation:

Based on the different types of media available, the answers to the items below will be:

a. High cost: several channel and program options; may increase awareness of competitors' products.

The above description is for Television.

b. Relatively inexpensive; can be selectively targeted; wide reach.

The above description is for Radio.

c. Very targeted; subscribers pass along to others.

The above description is for Magazine

d. Can be expensive some markets; advertisements have short life span.

The above description is for Newspaper.

e. Can be linked to detailed content; highly flexible and interactive; allows for specific targeting.

The above description is for Internet/Mobile

f. Is not easily targeted; has placement problems in some markets; exposure time is very short.

The above description is for Outdoor/Billboards

g. Highly targeted; allows for personalization.

The above description is for direct marketing

7 0
3 years ago
Discuss the logic underlying the use of three-sigma limits on Shewhart control charts. How will the chart respond if narrower li
AnnZ [28]

Answer:

The Shewhart control charts are charts used to monitor processes and behaviours in businesses statistically to ensure they are under control. They have been known to produce superb results especially with the use of the 3-sigma limits. The use of narrower limits provides practicality in testing more scenarios, the investigation of more causes and detection of more false causes.

Explanation:

The use of the 3 sigma limits in the Shewhart control charts using narrow limits provides for better control of business enterprises by ensuring that more investigations and detection of false causes are conducted. Thes gives a much more specific range of results in practice compared to the wide range approach.

7 0
4 years ago
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