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Bad White [126]
3 years ago
6

A organization in which specialists from different parts of the organization are brought together to work on specific projects b

ut still remain part of a line-and-staff structure is referred to as a
Business
1 answer:
Genrish500 [490]3 years ago
8 0

Answer:

Matrix organization structure

Explanation:

A matrix organizational structure is a work arrangement in which employees report to two or more supervisors rather than one line manager overseeing every project aspect. The reporting relationships are grid-like, with employees reporting to both product and functional managers. For example, an employee may have a direct manager they report to, plus one or more project managers they operate under.

The matrix organizational structure is useful when sharing skills across departments is necessary to complete a project.

You might be interested in
Rains Company is a furniture retailer. On January 14, 2022, Rains purchased merchandise inventory at a cost of $58000. Credit te
Westkost [7]

Answer:

On January 30, 2022, customers should remit cash in the amount of $168300. This is the correct statement for the Rains company.

Explanation:

a.Cash flows were affected on January 14 and January 21. This statement is wrong because cash flows are affected when the actual payment or receipt of cash is involved.

b.Gross profit percentage is 60%. this is even wrong because on calculation the Gross profit percentage is above 65%.

Gross profit percentage= ( Gross profit / Sales ) * 100

=  ($ 170,000-58,000/ 170000 )*100= (112,000/ 170000 )*100= 65.88%

c.On January 30, 2022, customers should remit cash in the amount of $168300. This is correct because applying 1% discount on $ 170,000 gives

1% of $ 170,000= $ 1,700

Subtracting this amount from actual = $ 170,000- $ 1700= $ 168,300

2.a. Gross profit rate= ( Gross profit / Sales )

Gross profit rate= (Sales-COGS  / Sales )

                              = (238000 -147000/ 238000)= 0.38

2.b. Profit margin= ( Gross profit / Sales )

Profit margin= (Sales-COGS  / Sales )

                              = (214000 -139000/ 214000)= 0.35

2.c. Profit margin= ( Gross profit / Sales )

Net Sales = Sales revenue -Sales returns and allowances -Sales discounts

Net Sales =  140000- 5000- 3000= 132,000

Profit margin= (Sales-COGS  / Sales )

                              = (132000 -85000/ 132000)= 0.3566= 0.36

3 0
3 years ago
"marvel parts, inc., manufactures"
victus00 [196]

Huh?

that's not even a question lol

6 0
3 years ago
Read 2 more answers
Cutter Ford Aiea for years marketed itself on the slogan "Cutter Ford Aiea: Where you make the deal." What car buyers said was t
dangina [55]

Answer:

The correct answer to this question is D

Explanation:

Offering the same value for less than what other sellers are willing to take is a strategy called below the market pricing.

According to the principles of Economics, lower prices often stimulate demand especially with commodities or goods that are categorised as price-sensitive or perfectly elastic. With goods that are perfectly elastic,  small price changes lead to a great change in demand.

Traditionally, there are 4 Ps of marketing:

  1. Product
  2. Promotion
  3. Place and
  4. Price

What Cutter Ford Aiea has done with their positioning is to play around the price component of marketing by reducing the profit accruable so that they are able to win more market share at the cost of lower profit/sale but with higher profits as the turnover increases due to increased demand.

So everyone likes a good deal especially when the value proposition with competing offers remain the same.

Cheers!

4 0
3 years ago
Steve has decided to purchase a sponsorship package with the local baseball team because heis good friends with the marketing di
nikdorinn [45]

Answer:

c. personal objectives

Explanation:

Business purchase decision based on personal objectives -

It refers to the practice of establishing the business or any project which is beneficial as being fruitful in personal relation , is referred to as personal objectives .

The method tends to divert to being able to fulfil his or her personal motto .

Hence , from the given scenario of the question ,

The correct answer is c. personal objectives .

7 0
3 years ago
Williamson Industries has $7 billion in sales and $2 billion in fixed assets. Currently, the company's fixed assets are operatin
In-s [12.5K]

Answer: Williamson industries would have obtained $7.78 billion in sales

Explanation: According to the question, the company is having a total of $2 billion in fixed assets. The fixed assets are currently operating at 90% (0.9) of its total capacity. At his level, the company is able to achieve a sales figure of $7 billion. The implication is as follows;

Fixed assets (at 100%) = 2 billion

Fixed assets (at 90%) = 2 * 0.9

Fixed assets (at 90%) = 1.8

If the company utilizes $1.8 billion to achieve a $7 billion sales figure, then operating at full capacity (100%) would yield the following;

7/x = 90/100

(Where x equals sales level at 100% capacity)

7/x = 0.9

Cross multiply

x = 7/0.9

x = 7.7777...

x ≈ 7.78

Therefore, if Williamson Industries had been operating at full capacity, it would have obtained a sales level of $7.78 billion

3 0
3 years ago
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