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Serjik [45]
3 years ago
5

If a company has very competent workers, a well-established set of standard operating procedures, and few expected problems, wha

t type of management should it adopt?
Business
1 answer:
Nataly_w [17]3 years ago
5 0

Answer:

Wide span of management.

Explanation:

Wide span of management involves a single manager overseeing a large number of employees, and this gives rise to a flat structure. A manager's span of control is the number of subordinates he supervises.

This form of management is ideal if employees are very competent, there is well defined standard operating procedure, and there is low expectation for problems.

In this situation there is no need for many managers as the employees to a large extent manage themselves effectively to meet set goals.

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Balance Sheet The account balances of Paradise Travel Service for the year ended May 31, 20Y6, follow: Fees earned $705,555 Offi
insens350 [35]

Answer:

<u>Assets  </u>                                                    Liabilities

Current Assets                                         Acount Payable       17,640

Cash                         222,485                 Equity

Account receivable    49,390                Common Stock       135,000

Supplies                 <u>       8,465  </u>              Retained Earnings <u> 353,700  </u>

Total Current Assets 280,340               Total Equity             488,700

Land                         <u>  226,000 </u>

Total Assets               506,340              Toal Liab+ SE          506,340

Explanation:

RE will be calculate using the accounting equation as is quicker than calculate net income and do the RE statement

Assets = Liab + Equity

Where: Equity = Common Stock + RE

506,340 = 17,640 + 135,000 + RE

RE = 506,340 - 17,640 - 135,000 = 353,700

3 0
3 years ago
At least once a year, budgeted spending should be compared against ____ spending.
Savatey [412]

Actual spending. It is important to compare the budget, which is expected spending, to actual spending to make adjustments and catch potential problems or figure out what to do extra money.

7 0
3 years ago
While the percentages may not hold in a particular industry, the ______ rule suggests that a small fraction of customers provide
Talja [164]

Answer:

The correct answer is 80/20.

Explanation:

The Pareto Principle was described by economist and sociologist Vilfredo Pareto, which specifies an unequal relationship between inputs and outputs. The principle states that 20% of what goes into or is invested is responsible for 80% of the results obtained. In other words, 80% of the consequences derive from 20% of the causes; This is also known as the "Pareto rule" or the "80/20 rule."

The principle does not stipulate that all situations are going to show exactly this relationship, it refers to a typical distribution. In general, the principle can be interpreted as a minority of causes deriving from most of the results.

5 0
3 years ago
Most home insurance policies cover jewelry for $1,000 and silverware for $2,500 unless items are covered with additional insuran
Harlamova29_29 [7]

Answer:

$ 3100 loss amount is not covered by insurance.

Explanation:

Amount not covered under insurance = Amount lost - Maximum Insurance Amount

  • For Jewellery  : Jewellery lost - maximum jewellery amount cover  = 3800 - 1000  = 2800
  • For Silverware : Silverware lost - maximum silverware amount cover  = 2800 - 2500 = 300

So, Total Amount loss not covered = Loss at jewellery + loss at silverware

= 2800 + 300 = $3100

6 0
3 years ago
A four-year bond has an 8 percent coupon rate and a face value of $1,000. If the current price of the bond is $878.31, calculate
Vikentia [17]

Answer:

Bond yield to maturity = 12%

Explanation:

Given the face value = $1000

Interest or coupon rate = 8%

Interet per period = 1000 x 8%  =$80

Presnet value, bond price = 878.31

Maturity years = 4

Use below formula in excel to find the maturity yield.

Bond yield to maturity = RATE(NPER,PMT,PV,FV)

Thus, Bond yield to maturity = 12%

6 0
3 years ago
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