Answer:
Explanation:
1. The correct answer is option B.
Empowerment is nothing but power which gives the ability to act or behave appropriately in order to make appropriate decisions. Empowerment is one of the stage of being accountable. In this stage, the person takes appropriate action to complete the task. It also includes taking challenge and coping up with changing situations.
Job enlargement is the technique in which the task and scope related to a single job are increased. In this scenario, since the businesss has expanded, it is important to give more responsibilities to employees so that Michelle can focus on the financial aspects of business.
2. The correct answer is option B.
Matrix organization is nothing but the organization where the employees will have multiple reporting line and perform different roles in different functions. The advantages of matrix organization are effective usage of resources across different functions, high motivation in employees due to multiple roles and showcasing their skills in different field, improved and prompt decision making. Since unity of command involves employee being answerable to one person, so matrix structure violates the principle of unity of command.
The true statement about this natural monopoly is that It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers.
- Also, it is a true statement that natural monopolies can earn positive profit in the long run without the government regulation.
<h3>What is a
natural monopolies?</h3>
This refers to the type of monopoly that exists in a particular market if a single firm can serve that market at lower cost than any combination of two or more firms.
It mostly occurs when when the most efficient number of firms in the industry is one. Also, a natural monopoly will ideally have very high fixed costs implying that it is impractical to have multiple firms producing the good.
A very good example of a natural monopoly is the case of tap water.
Hence, the true statement about this natural monopoly is that It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers and it is a true statement that natural monopolies can earn positive profit in the long run without the government regulation.
Therefore, the answers are Option B and True.
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Answer:
$702,400
Explanation:
Data provided in the question:
Cost of the machine acquired = $1,110,000
Useful life of the machine = 5 years
Residual value = $91,000
Method of depreciation is straight line
Now,
Annual depreciation = 
or
⇒ Annual depreciation = 
or
⇒ Annual depreciation = $203,800
Book value = Cost of the machine - (Total depreciation in the given period)
now,
Duration of period from January 1, 2018 to end of 2019 = 2 years
Therefore,
The total depreciation = 2 × Annual depreciation
= 2 × $203,800
= $407,600
Hence,
Book value at the end of 2019 = $1,110,000 - $407,600
or
Book value at the end of 2019 = $702,400
Answer:
The explanation of this question is given below in the explanation section.
Explanation:
This question is about the steps that how to carry out the market research in any industry and find out the gap and fill that gap by providing new or existing product or service to these market's customers.
The correct order for conducting market research are;
- Define the problem
- Establish the need for market research
- Establish the research objective
- Identify the information types and sources
- Determine the method of accessing data
- Then, Design the data collection form
- Conduct the survey from potential participants
- Collect the data
- Analyze the data
- Infer the information
- Report the information.
these steps are used to conduct the market research and collect data from potential participants. Data can be qualitative or quantitative and based on this collected data, then you will be able to infer the information from that data applying statictical methods.
Answer:
Entry to replenish
Dr. Expenses $517.5
Dr. Cash Short $20
Cr. Cash (675-137.5) $537.5
Explanation:
Petty cash is a small amount of fund which is kept in the business for day to day expenses. Cash is issued from this fund for daily small expense which is not appropriate to withdraw from the bank by check.
The difference between the expenses receipts and cash outflow is cash excess or short.
In this question there is a cash shortage because the cash payment is more than the receipt received / available.
