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Nata [24]
3 years ago
11

Akika Corporation started as a small firm and has grown substantially in the past decade. Its interests span from electronics to

real estate and aviation. Akika's board of directors have now decided to create independent business units for and categorize the actions performed under each domain. Each business unit will have distinct roles and responsibilities. Which of the 14 principles of Fayol does this exemplify?a. Unity of directionb. Division of workc. Scalar chaind. Unity of command
Business
1 answer:
lakkis [162]3 years ago
6 0

Answer:

a. Unity of direction

Explanation:

Unity of direction: In this principle, the direction of work is given by the higher authority with a view to achieving the organizational objective.  

Division of work: In this principle, the work is divided between many subordinates/ employees, so that the task should be done in proper time and in an efficient & effective manner.

Scalar chain: This scalar chain represents the rank from high authority to low authority in a straight line so that proper communication/ cooperation can be done without any misunderstanding.  

Unity of command: In this principle, the employees are responsible for only one person/ one supervisor/ one commander.  

In the given scenario, the unity of direction principle applies as the board of directors wants to establish an independent business so that each domain objective can be achieved so that it becomes to accomplish the organizational objective.  

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On January 1, James Industries leased equipment to a customer for a four-year period, at which time possession of the leased ass
MA_775_DIABLO [31]

Answer:

-  $700,000

<u>- 82,270</u>

<u>- </u> $617,730

- present value of $1: n=4, i=5%

- the present value of an ordinary annuity of $1: n=4, i=5%

Explanation:

Amount to be recovered (fair value):                                              $700,000

Less: Present value of the residual value ($100,000 x .82270*):      82,270

Amount to be recovered through periodic lease payments:           $617,730

Lease payments -: end of each of the next four years: ($617,730 ÷ 3.54595**) $174,207

* present value of $1: n=4, i=5%

** present value of an ordinary annuity of $1: n=4, i=5%

7 0
3 years ago
Corporate-level strategies are strategies a firm uses to diversify its operations from a single business competing in a single m
andrew-mc [135]

Answer:

a. False

Explanation:

Corporate level strategies are undertaken by the top management formulating strategic business policies with a purpose of achievement of long term goals and objectives.

Such policies affect the organization as a whole. The purpose of corporate level strategies is to maximize profits over a period and ensure success.

Diversification strategy is aimed at adding operations to pre existing line of operations into different category of products and markets and explore new business ventures.

Hence, corporate level strategies are not limited to diversification strategy as the concept of corporate level strategy is much broader.

7 0
4 years ago
Raoul is an illiterate who does not have proper skills for any job. as a result, he is unable to find permanent employment. as a
Lunna [17]
<span>Raoul is an illiterate who does not have proper skills for any job. As a result, he is unable to find permanent employment. As a last resort, Raoul starts a diner in his home to earn a regular income for his family. In the given scenario, Raoul most likely started the diner because it offered an income for his family using skills that he possesses. Since Raoul is not able to stand apart from competition when it comes to everyday jobs, Raoul needed to find a way to earn income for his family. Motivated to do so, Raoul put is skills to work and developed a way to make it happen for his family. </span>
8 0
3 years ago
How must a replacing producer response to an applicant wishing to replace existing life insurance?
lidiya [134]

The producer must provide notice regarding the replacement of life insurance.

A life insurance policy is a contract between a policyholder and an insurance company or insurance company, in which the insurance company promises to pay an amount to a specified beneficiary upon the death of the insured. Depending on the contract, other events B. Terminal or critical illness trigger payment

Life insurance is a contract between a policyholder and an insurance company, and can be defined as a promise by the insurer to pay a certain amount of money in exchange for a premium upon the death of the insured or after a certain period of time. .

Learn more about life insurance here:brainly.com/question/1373572

#SPJ4

8 0
2 years ago
A restaurant is for sale for $200,000. It is estimated that the restaurant will earn $20,000 a year for the next 15 years. At th
Thepotemich [5.8K]

Answer:

B

Explanation:

to determine of the investor would pursue the project, we need to determine the value of the net present value

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator  

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.  

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Cash flow in year 0 = $-200,000

Cash flow in year 1 - 14 = 20,000

Cash flow in year 15 = 20,000 + $350,000

I = 15%

NPV = -40,039.53

The npv is negative and the project should not be undertaken

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

-40,039.53

6 0
3 years ago
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