General and functional managers are different from end users. what purpose do these managers have in regards to information systems at an organization
General management focuses on the entire business as a whole a top-down organizational view. A functional manager is a person who has management authority over an organizational unit such as a department within a business, company, or other organization.
General management and functional management have many similarities; the primary difference is that a functional manager focuses on one facet of an organization, while the general manager must keep everything in view.
Functional managers are most common in larger organizations with many moving parts, where different business functions are led by managers within those respective fields.
Management is the act or art of managing things.
Department is typically understood as a part of a larger organization.
Organization refers to a collection of people, who are involved in pursuing defined objectives.
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Answer:
<u>Incidental</u> damages
Explanation:
In a situation where an employer doesn't fulfill a contract agreement with an employee, just like in the question above, where Jeremiah was unfairly terminated before his employment contract expired, he has the right to collect "damages" which is legal compensation for financial losses caused by the termination of his employment contract before it expired. Incidental damage is the answer because Jeremiah incurred expenses where he had to spend $500 to find another job as a result of the employer's breach of the contract.
Answer:
Price of bond = $ 924.50
Explanation:
<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV). </em>
Value of Bond = PV of interest + PV of RV
The price of the bond can be worked out as follows:
Step 1
PV of interest payments
annul interest payment = 6.4 % × 1,000 = 64
Annual yield = 7.5%
Total period to maturity (in years) =10
PV of interest =
64 × (1- (1.075)^(-10)/)/0.075= 439.30
Step 2
PV of Redemption Value
= 1,000× (1.075)^(-10) =
485.19
Step 3
Price of bond
439.30 + 485.19 =$924.49
Price of bond = $ 924.50
Answer:
Recession cause standard monetary and fiscal effects.
Explanation:
Recession impact all kinds of business, large and small,due to tightening credit conditions, slower, demand, and general fear and uncertainty.
Answer:
The market value of equity should be used.
Explanation:
Their are only two methods which are book value method or market value method. The market value method is preferred because the reason is that the market value gives the more accurate numerical value that the securities of the company will give which is the required rate of return to its investors. However historic cost data is not useful because the value of stock and bonds keeps changing every second in the stock exchange and their is the risk that the WACC calculated is inaccurate which implies that the project appraised is also incorrect.
So the best way to calculate the weighted cost of capital is that we should use the fair value of the securities.
