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3 years ago

What are the differences among the four levels of managers in the organizational pyramid?

Business

1 answer:

Marysya12 [62]3 years ago

6 0

Answer:

The four levels of managers are:

entry level managers, e.g. supervisors
low level managers, e.g. store managers
middle level managers, e.g. division manager
upper level managers, e.g. CEO, CFO, COO

The higher the position on the organizational pyramid, the tasks and responsibilities also differ. Entry level managers generally supervise the tasks of entry level workers, e.g. sales clerks.

Low level managers generally have both supervisory and general management functions, e.g. a store manager must make sure that everyone does their job properly, but also must make administrative decisions like hiring, overseeing inventory, etc.

Middle level managers are generally functional managers, meaning that they are in charge of a certain area within the organization, e.g. human resources, finances, marketing, etc.

Upper level managers are responsible for developing the organization's strategies and long term goals, their focus should always be on the big picture and the future of the organization, not just one part of it.

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Corner Market Inc. is a supermarket chain. Due to strong competition from other stores in the industry, Corner Market has aggres

Brut [27]

Answer:

The correct answer is a monopolistic competition.

Explanation:

Monopolistic competition is a form of market in which there are a large number of buyers and sellers. The sellers are providing differentiated products which are close substitutes.

There is a high degree of competition in the market. The entry and exit in the market are relatively easier than a monopoly market.

To increase their market share and earn more profits, the firms take the help of branding and advertising.

In the given example, the supermarket chain is operating in monopolistic competition as it has to face a high degree of competition and is using branding, etc to create a niche for itself.

4 0

3 years ago

A ten-year note is priced at par and has a (modified) duration of 7.8 years. A twenty-five year bond has a (modified) duration o

harina [27]

Answer:

Between 7.8 and 12 Years

Explanation:

The modified duration of a portfolio is defined as a weighted average in the modified duration of an individual bonds. Therefore it will lie between the extreme values of the modified duration of the bonds in portfolio so that the weights are all positive.

In the context, the modified duration lies between 7.8 years and 12 years as the modified duration would always lie between the lowest modified duration and the highest modified duration of any bonds in a portfolio. Therefore the weights are value that will lie between these two years.

6 0

3 years ago

The salient or important attributes about a particular product that a consumer bases his or her product evaluation on are called

solmaris [256]

Answer:Evaluative criteria

Explanation:

7 0

3 years ago

During the current period, Department A finished and transferred 50,000 units to Department B. Of the 50,000 units, 20,000 were

antoniya [11.8K]

Answer:

A. $1,615

Explanation:

Provided information,

Total transferred units = 50,000

Opening units = 20,000 which were 1/5 th complete

Equivalent units = 4,000

That means on the remaining 20,000 - 4,000 = 16,000 units full overheads were applied.

30,000 units were started and completed during the month, for which entire overheads will be added.

Newly started = 10,000 units 3/5th complete = 6,000 units completed in closing inventory.

Therefore total equivalent completed units on which overheads applied = 16,000 + 30,000 + 6,000 = 52,000 units

Ending goods in inventory = 10,000 units which are 6,000 equivalent units completed

Total overheads for the month = $14,000

Overheads = $14,000/52,000 = 0.269 per unit

For 6,000 units = $1,615 .38

Therefore correct option is

A. $1,615

8 0

3 years ago

Farrokh and Scheherezade Sharabianlou agreed to buy a building owned by Berenstein Associates for $2 million. They deposited $11

s2008m [1.1K]

Answer:

This was an actual court case that ended in the Court of Appeals of the First District of California. Initially a lower court had ruled against the Sharabianlous and set extremely high compensations for damages to Berenstein. I do not understand why the court did it since it was proven that the land was contaminated and couldn't be sold under unless cleaned.

Finally, the court of appeals ruled in favor of the Sharabianlous, not because they thought they were right, but due to errors in the original trial.

The big issue in this case was that the contract signed by the Sharabianlous wasn't clear enough about what would happen if the land was not suitable for sale and they also failed to seek a lawyer when the contamination issues became obvious. If you read the case, even the real estate broker acted against the Sharabianlous when the property was appraised since he didn't tell the appraiser about the contamination issues.

The final ruling was made in 2010, 8 years after the parties engaged in the transaction, which gives us an idea of how complicated things can get when legal procedures are not followed, even though the outcome should be obvious.

If I was part of a jury and the case was about property that couldn't be sold due to contamination, I would probably vote in favor of the buyer, not the seller. It's common sense, but sometimes it you do not follow the appropriate legal path, common sense makes no sense at all.

6 0

3 years ago