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Nata [24]
3 years ago
7

Typhanie, a customer service representative with WestComm Wireless Services, was asked by one of her customers if WestComm would

be interested in joining the chamber of commerce to meet potential customers and increase its contacts in the local business community. Typhanie believes this is a very good idea and approached her manager, Deondre, about becoming a chamber member. Deondre said to Typhanie, "Because the cost of membership is over $500 and you will have to leave the office to attend meetings, I will have to get approval from management above me." WestComm is an example of an organization with:________.A. work specialization.B. unity of command.C. line managers.D. decentralized authority.E. centralized authority.
Business
1 answer:
insens350 [35]3 years ago
8 0

Answer:

E. Centralized Authority.

Explanation:

As Typhanie, a customer service representative with WestComm Wireless Services, was asked by one of her customers if WestComm would be interested in joining the chamber of commerce to meet potential customers and increase its contacts in the local business community. Typhanie believes this is a very good idea and approached her manager, Deondre, about becoming a chamber member. Deondre said to Typhanie, "Because the cost of membership is over $500 and you will have to leave the office to attend meetings, I will have to get approval from management above me." WestComm is an example of an organization with centralized authority.

In centralized authority, the decisions are made from the top level management or decisions are made from certain managers. Anyone can't make decisions by his or her own in this kind of management style. This system has many flaws as well. As we have seen here in this case, Typhanie is interested in going to chamber of commerce which definitely will be very good for the organisation but when she approached her manager Deondre, he said he even himself can't decide about it, he has to get the orders from his boss. Although the event can be good for the organisation but centralized decision making has made it almost impossible.

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Lei Corporation has bonds on the market with 16.5 years to maturity, a YTM of 7.7 percent, a par value of $1,000, and a current
aksik [14]

Answer: 8.40%

Explanation:

Based on the information given, to solve the coupon rate goes thus using a financial calculator. This will be:

Par value = $1000

NPER = 16.5 × 2 = 33

Present value = $1065

Yield to maturity = 7.7%/2 = 3.85%

Coupon payment = $42.01

Coupon rate = Coupon payment / 1000

= 42.01 / 1000

= 0.04201

Annual coupon rate = Coupon rate × 2 = 4.20 × 2 = 8.40%

Therefore, the coupon rate on the bond will be 8.40%

Note that the NPER is the period for the investment. In this case, the NPER is 33 because it makes semiannual payment which means that we will multiply the years given by 2.

8 0
3 years ago
Lyra induces Moe to enter into a contract for the sale of an apartment about which Lyra fraudulently misrepresents a number of m
Rus_ich [418]

Lyra induces Moe to enter into a contract for the sale of an apartment about which Lyra fraudulently misrepresents a number of material facts. Lyra tells Moe that her commission is 6 percent, but their signed, written contract states 12 percent. The Statute of Frauds governs (2) <u>contracts that must be in writing to be enforceable.</u>

Explanation:

<u>The statute of frauds refers to the requirement that certain kinds of contracts will be enforceable only  if they are in writing</u>

<u>  </u>

Even though the  statutes of frauds vary  from state to state, the following types of contracts must be in writing to be enforceable:

  • contracts for the sale or lease of, or a mortgage on, real property (e.g., land, fixtures);
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8 0
4 years ago
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Ne4ueva [31]

Answer:

B. Power is proportionally spread to top, middle and first line managers

Explanation:

Decentralization is a do of the power structure in an organization or firm, in which the power or authority to make a decision is spread throughout each line or department of the firm or organization.

The main advantage of decentralization is that it allows swift decisions to be taken, and reduces unnecessary bureaucracy.

Hence, the statement that is correct of decentralization is "Power is proportionally spread to top, middle and first-line managers"

8 0
3 years ago
During the month of february, victor services had cash receipts of $7,500 and cash disbursements of $8,600. the february 28 cash
Charra [1.4K]

So you would simply need to set up a formula and solve

X= beginning cash

X+ income - expenses = cash balance

income = cash receipts (7,500)

expenses = cash disbursements (8,600)

Cash Balance = 1,800

Plug into the equation

X + 7,500 - 8,600 = 1,800

Then you would solve for X

8 0
3 years ago
Read 2 more answers
a $250,000 loan is to be amortized over 8 years, with annual end-of-year payments. which of these statements is correct
Maksim231197 [3]

The correct option in this case is:

d) The proportion of each payment that represents interest as opposed to repayment of principal would be lower if the interest rate were lower.

What is loan amortization?

Loan amortization means that loan principal would be repaid gradually alongside interest over the 8 years period rather than an interest only loan where the principal is repaid at the end of loan period.

In this case, the portion of annual payment that is in respect of interest would be much lower when the interest rate on the loan is lower rather than when the interest rate is higher.

Find out more about loan amortization on:brainly.com/question/19755003

#SPJ1

Full question:

A $250,000 loan is to be amortized over 8 years, with annual end-of-year payments. Which of the following statements is CORRECT?

a) The proportion of interest versus principal repayment would be the same for each of the 8 payments.

b) The annual payments would be larger if the interest rate were lower.

c) If the loan were amortized over 10 years rather than 8 years, and if the interest rate were the same in either case, the first payment would include more dollars of interest under the 8-year amortization plan.

d) The proportion of each payment that represents interest as opposed to repayment of principal would be lower if the interest rate were lower.

e) The last payment would have a higher proportion of interest than the first payment

8 0
2 years ago
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