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Nady [450]
3 years ago
8

Max Weber believed that a company that is a bureaucracy never achieves a competitive advantage because it is inefficient and is

plagued with management problems.True or False
Business
1 answer:
Ket [755]3 years ago
5 0

Answer:

False

Explanation:

Max Weber's theory on bureaucracy was in favor of efficiency and rationality in the way of operations either of a governing system or a business organisation.

Bureaucracy is the structure of administration governing any particular large organisation either a public/government organisation (ministry) or a private organisation (companies and firms). Bureaucracy as far as a company is concerned is the hierarchy structure that oversees the affairs of the business.

Hence, Max Weber speaks in favour of the fact that bureaucracy brings efficiency and rationality in how organisational activities are conducted and that the introduction of hierarchical structures reinforces this rationality as well as the maximization of efficiency as well as order in an organisation.

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Wally is trying to determine how many salespeople he needs to satisfy the demand for waterslides. Wally's Waterslide World has 6
bagirrra123 [75]

Answer:

50

Explanation:

Calculation to determine How many Number of Salespeople does Wally need to adequately sell waterslides

Using this formula

Number of Salespeople=(Number of customers*Calls necessary*Hours per call)/Average selling time available per year

Let plug in the formula

Number of Salespeople= (6000* 5 * 1.5 hours per call) / 900 hours

Number of Salespeople= 45,000 / 900

Number of Salespeople=50

Therefore Number of Salespeople that Wally need to adequately sell waterslides is ,50

6 0
2 years ago
If the minority price for a single share of stock of a company is $20, if there are 500 thousand shares of stock, and a person o
KATRIN_1 [288]

Answer:

$4,500,000

Explanation:

current market price per stock $20

total stocks outstanding 500,000

corporation's total value = 500,000 x $20 = $10,000,000

investor's offer to purchase 100% at $14,500,000

controlling interest premium = $14,500,000 - $10,000,000 = $4,500,000

new price per stock = $14,500,000 / 500,000 = $29

The controlling interest premium equals the difference between the current market price of the stock and the purchase offer.

8 0
3 years ago
Ken is 63 years old and unmarried. He retired at age 55 when he sold his business, Understock.com. Though Ken is retired, he is
elena-s [515]

Answer: $‭46,950‬

Explanation:

a. All sources of income should be included including illegal ones.

b. Gain = 1,000 (32 - 31)

= $1,000

c. Gain = Amount received - Amount paid apportioned per year

=  25,000 - (210,000/20)

= 25,000 - 10,500

= $14,500

d. Not included as disability benefits are not included.

e. The $300 is deductible but the $200 that went towards car payment is not.

f. Taxation principles require that the person taxed should be the person earning the income so Ken will not be charged on the $1,100

g. The relevant figure here is the tax benefit before the $610 refund.

Ken claimed $6,250 in itemized deduction but the standard deduction is $6,200. Ken gained;

= 6,250 - 6,2000

= $50

h. The $30,000 is included as Ken earned it.

Gross Income = 1,200 + 1,000 + 14,500 + 200 + 50 + 30,000

= $‭46,950‬

3 0
3 years ago
You have just purchased a share of stock for $ 19.09. The company is expected to pay a dividend of $ 0.51 per share in exactly o
frozen [14]

Answer:

$20.64

Explanation:

Use the rate of return formula to solve for the new price;

r = ( P1 +Div1 -P0)/P0

whereby;

r = rate of return = 10.8% or 0.108 as a decimal

Div1 = Next year's dividend amount = $0.51

P1 = next year's stock price =?

P0 = Current stock price = $19.09

Next, plug in the numbers to the formula;

0.108 = (P1 + 0.51 - 19.09) / 19.09

Multiply both sides by 19.09;

2.0617 = P1 -18.58

Add 18.58 on both sides;

2.0617 + 18.58 = P1

20.64 = P1

Therefore, you need to sell the share at $20.64

8 0
3 years ago
Abby and jason are building a new house. they obtained a construction loan of $100,000, which will be rolled over into a convent
ivann1987 [24]

Answer:

the initial principal balance is $100,000, but it will gain 2% simple monthly interest during 16 months = $100,000 + ($100,000 x 2% x 16) = $132,000

the mortgage loan's principal = $132,000

APR = 12%

n = 30 years or 360 monthly payments

1) using a loan calculator we can determine that the monthly mortgage payment (only  principal + interest) = $1,357.77

2) since they will make 360 monthly payments, they will pay in total = $1,357.77 x 360 = $488,796.71

in total they will pay $$356,796.71  in interest

3 0
3 years ago
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