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ser-zykov [4K]
4 years ago
6

Commonly referred to as the second part of organizational structure, __________ is the responsibility for certain areas of activ

ity including the rights to make decisions, take action, and give orders.
Business
1 answer:
san4es73 [151]4 years ago
7 0

Authority or chain of command is the responsibility for certain activity including the rights to make decisions, take action and give orders.

Explanation:

Authority is the manager's formal right to make decisions, issue orders and allocate resources to the desired outcomes of the organization.

Delegation improves the flexibility to meet customers needs and to adapt to competitive environment.

There are three types of authority they are line authority, Functional authority and staff authority. The management process performs tasks like goals of planning, organizing, directing and controlling.

They are commonly referred to as the second part of organizational structure.

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When the price of audio books, a normal good, falls, causing your purchasing power to rise, you buy more of them due to
grandymaker [24]

Answer:

The answer is C. Income Effect

Explanation:

Economists refer to income effect as an increase in purchasing power.

It is the change in quantity demanded for a commodity when income changes

For example, consumers tend to buy more of goods and services when their income rises or tend to buy more of a good and service when the price of a goods falls while the income remains constant. This causes the purchasing power (which is the amount of goods that can be purchased with a unit of currency) to rise.

Option A is wrong because substitution effect states that when the price of a good rises, consumer tends to purchase less. This centers on price while income effect centers on income

3 0
4 years ago
Given the following information, determine net income. The retained earnings balance on January 1, 2018, equals $58,000; dividen
damaskus [11]

Answer:

$25,200

Explanation:

Given that,

Retained earnings balance on January 1, 2018, = $58,000

Dividends during 2018 = $18,350

Retained earnings balance at December 31, 2018 = $64,850

Therefore,

Net income:

= Retained earnings balance at December 31, 2018 + Dividends during 2018 - Retained earnings balance on January 1, 2018

= $64,850 + $18,350 - $58,000

= $25,200

7 0
3 years ago
A retailer buys a painting for $200. she sets the selling price at $450.when the painting doesn’t sell after two months, she rai
lukranit [14]
The maintained markup for the painting is $600
3 0
4 years ago
Mariposa Manufacturing builds custom wooden cabinets. Mariposa Manufacturing has reported the following costs for the previous y
Rainbow [258]

Answer:

The Direct Material Costs =$ 153,740

Explanation:

Mariposa Manufacturing

Direct Material Costs are those costs that are directly used in the manufacture of the product. In manufacturing wooden cabinets , wood and hardware(slides, handles, etc) are used directly. So  

The Direct Material Costs = Cost of hardware (slides, handles, etc) $ 33,800

+ Cost of wood $ 116,100 + Glue** = $ 149,900 +$ 3,840 = $ 153,740

In certain cases glue is considered an indirect material but in some it is a direct material.

WORKING:

Cost of hardware (slides, handles, etc) $ 33,800

Cost of wood $ 116,100

Depreciation on production equipment $ 31,700  (FOH)

Factory property taxes $ 17,100  (FOH)

Factory rent $ 38,900  (FOH)

Glue $ 3,840

Production supervisor salary $ 42,000  (FOH)

Sales manager salary $ 41,900

Utilities for factory $ 24,000  (FOH)

Wages for maintenance workers $ 31,500

Wages of assembly workers $ 91,500

Wages of finishing workers $ 77,800

Advertising $ 35,300

3 0
3 years ago
A trademark is an exclusive right granted to its owner to publish and sell a musical, literary, or artistic work during the life
lukranit [14]

It is "False" that a trademark is an exclusive right granted to its owner to publish and sell a musical, literary, or artistic work during the life of the creator plus 70 years.

<h3>What do you mean by Trademark?</h3>

A trademark is a type of intellectual property consisting of a recognizable sign, design, or expression which identifies products or services of a particular source from those of others,

Copyright to create works such as literary books, music albums, films, animated media, and so on.

Copyrights protect creative or intellectual works, and trademarks apply to commercial names, phrases, and logos.

Learn more about Trademark, refer to the link:

brainly.com/question/14578580

#SPJ1

5 0
2 years ago
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