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svet-max [94.6K]
4 years ago
8

1. What determines the degree of specialization within an organization?

Business
2 answers:
Aneli [31]4 years ago
6 0

1. What determines the degree of specialization within an organization? The organizational structure of the company determines the degree of specialization within an organization. Dependent on how the organization is broken up into categories allows the organization to figure out how they are able to control and break down their organizations speciality.


2. What three steps are involved in delegation? The three steps involved in delegation include: Assigning responsibility, granting authority and creating accountability. Assigning responsibility refers to giving those who are able to perform a task the duty to perform it. Granting authority is giving someone authority to make a power decision in a given situation to complete the task. Creating accountability refers to making sure an employee knows they are to finish the task and needs to be successful in doing so.


3. How does a firm's top management influence its degree of centralization? Centralization refers to the control or lack there of under different authority within an organization. If the firms top management is strict on their structure the organization will probably be on a tight chain when it comes to who has authority. Likewise, if the firm’s top management was more laid back, they would likely give more people authority to make decisions.


4. Contrast line-and-staff and matrix forms of organizational structure? Line and staff structures within an organization refers to the many different types of functions within an organization. A matrix form refers to transformation within a category that movies items into their set, special properties.

lina2011 [118]4 years ago
3 0

Answer:

  1. The degree of specialization within an organization is determined by the organization's structure.
  2. The three steps involved in delegation are: Responsibility, Authority and Accountability.
  3. The top management of a firm influences it's degree of centralization by working to keep ultimate authority of decision making at the upper levels of the firm.
  4. Line-and-staff is an organizational structure that utilizes the chain of command from a line structure in combination with the assistance of staff managers. It relies on the old style of a line staff but with the addition of a staff manager.

While matrix structure is an organizational structure that combines vertical and horizontal lines of authority. It utilizes persons from different departments in order to have a mix of specialized people within one group.

Explanation:

  1. Degree of specialization is the extent of the concentration of authority in a particular level of an organization, usually the top management level.
  2. Delegation is the assigning of authority to someone in order execute a defined task. Responsibility involves assigning a task to someone, Authority is the power to make decisions, Accountability is checking whether the people assigned to execute tasks are performing their responsibility correctly.
  3. The top management of a firm are the positions that holds the most authority in the firm. It is made up of senior level executives with titles such as President, Chief executive Officer and Chief Financial Officer. The top management of a firm are the positions that holds the most authority in the firm. It is made up of senior level executives with titles such as president, Chief executive Officer and Chief Financial Officer. The top management has the ultimate say in what happens in the firm.
  4. Organizational structure is a system that outlines the flow of activities such as rules, responsibilities/task allocation, coordination, and supervision, in order to achieve the aims of an organization. The general types include functional, divisional, matrix and line-and-staff structures.
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In 1998, the Canadian Magazine Publisher's Association (CMPA) predicted the demise of many Canadian magazines because the World
scoundrel [369]

Answer:

Dumping

Explanation:

This term is used in international trading where a company or country exports a large product at a price lower in the foreign importing market than the price in the exports domestic market and this action usually endangers the economic viability of local product manufacturer in the importing nation.

4 0
3 years ago
Presented below is information for Wildhorse Co. for the month of January 2017 Cost of goods sold Freight-out Insurance expense
blsea [12.9K]

Answer and Explanation:

The Preparation of income statement using the multi-step format is prepared below:-

                                              Wildhorse Co.

                                          Income statement

                              using the multi-step format

Particulars                                      Amount

Sales                                                 $396,000

Less: Sales discount    $8,400

Less: Sales and return

allowances                    $18,500      $26,900

Net sales                                           $369,100

Less: Cost of goods sold                 $208,700

Gross profit                                        $160,400

Operating expenses

Freight out expenses    $9,200

Insurance expenses      $12,700

Salaries and wages

expenses                        $60,700

Rent expenses                $33,800

Total operating expenses                   $116,400

Income before income taxes              $44,000

Income tax expenses                           $5,500

Net income                                            $38,500

So, to reach at net income we simply deduct the income tax expenses from income before income taxes.

7 0
3 years ago
If inflation in the United States is lower than inflation in other​ countries, then U.S. exports​ ________ and U.S. imports​ ___
zepelin [54]

Answer:

A. increase; decrease; increase

Explanation:

If the inflation of United States is lower than in other countries, it means that the price level of United States products are relatively lower than price of products in other countries. So that, the foreign consumers want to buy U.S products more, leading to the increase in U.S. export.

Similarly, as the price of products in other countries are higher than that in the U.S., so that the U.S. residents want to buy domestic products more, reducing the imports of products from other countries, leading to the decrease in the U.S. import.

As the Net export = Export ↑- Imports↓

=> The Net export of US would increase

8 0
3 years ago
Marian received an extra principal payment on the loan her business made to another company. What activity does this exemplify?
grandymaker [24]

Marian received an extra principal payment on the loan her business made to another company. What activity is what is called investing activity.

<h3>What is meant by investing activity?</h3>

This is the term that has to do with all of the activities that a person would engage in that would be able to bring in an increase in cash.

This is an investment activity because we can see that she was the one that gave the loan, hence she would be receiving more money for the loan when it is paid back to her.

Read more on investment here: brainly.com/question/25300925

#SPJ1

7 0
2 years ago
You want to create a $48,000 portfolio that consists of three stocks and has an expected return of 14.5 percent. currently, you
damaskus [11]

The above answer can be calculated as -

Let the expected return of stock C be X

Given, Portfolio amount = $ 48,000, Expected return on portfolio = 14.5 %

Amount of expected return of portfolio = $ 48,000 X 14.5 % = $ 6,960

Now, the returns from the remaining two stock will be calculated -

Return on Stock A = $ 16,700 X 18.7 % = $ 3,122.90

Return on Stock B = $ 2,710.4

Total return = $ 3,122.9 + $ 2,710.4 + X = $ 6,960

X = $ 1,126.70

Remaining amount of portfolio = $ 48,000 - $ 16700 - $ 24200 = $ 7100

Expected return on Stock C = $ 1,126.70 / 7,100 = 15.9%

4 0
3 years ago
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