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3 years ago

What is mean't by chain of command

2 answers:

katrin2010 [14]3 years ago

7 0

Answer: The definition of a chain of command is an official hierarchy of authority that dictates who is in charge of whom and of whom permission must be asked. An example of chain of command is when an employee reports to a manager who reports to a senior manager who reports to the vice president who reports to the CEO.

Explanation:

mixas84 [53]3 years ago

6 0

Explanation:

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The definition of a normal good suggests that the rev: 05_14_2018 Multiple Choice income elasticity of demand for the good is ne

galben [10]

Answer:

income elasticity of demand for the good is greater than 0.

Explanation:

A product (goods) can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

The demand for goods is said to be elastic, when the quantity of goods demanded by consumers with respect to change in price is very large. Thus, the more easily a consumer can switch to a substitute product in relation to change in price, the greater the elasticity of demand.

Generally, consumers would like to be buy a product as its price falls or become inexpensive.

An income elasticity of demand can be defined as a measure of the responsiveness of the quantity of a product demanded with respect to a change in the income of a consumer (consumer income), all things being equal.

Generally, when the income elasticity of demand for a product is greater than zero (0); this is a normal good or product.

Hence, the definition of a normal good suggests that the income elasticity of demand for the good is greater than 0.

This ultimately implies that, the demand for the good or product rises (increases) as the income of the consumer rises.

8 0

3 years ago

Which of the following is the best definition for a monopoly? A. An industry being split among several companies to allow for co

Inessa05 [86]

B. A whole industry being owned by one company

5 0

3 years ago

Read 2 more answers

Culver Corporation earned $262,000 during a period when it had an average of 100,000 shares of common stock outstanding. The com

Westkost [7]

Answer:

a) The warrant are Dilutive

b) Basic EPS $2.62

c) Diluteed EPS = $2.31

Explanation:

a) The warrants are dilute because the cost of exercising the rights is lover than the market price

b) Basic Eps = Total Earning/Share Outstanding = $262,000/100,000 = $2.62

c) Diluted Eps = Earnings/(Shares outstanding+potential shares)

= $262,000/(100,000+13,500) = $2.31

5 0

4 years ago

Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $42,

snow_tiger [21]

Answer:

The impact on Granfield's operating income = 277,700 decrease

Explanation:

If the backpack division is eliminated, the following effect will occur on the company's processes:

loss of sales from backpack division (Revenue lost)= $973,300

Variable cost to be eliminated = $482,000

Fixed cost to be eliminated = 40% of 534,000 = 40/100 × 534,000

= 0.4 × 534,000 = $213,600

Total cost eliminated ( Revenue gained) = variable cost + fixed cost

Total cost eliminated ( Revenue gained) = 482,000 + 213,600 = $695,600

Therefore, collective impact on the company is calculated as follows:

Revenue lost - Revenue gained = 973,300 - 659,600 = $277,700

Therefore, since a net revenue lost = $277,700, it means that the operating income will decrease by $277,700.

3 0

3 years ago

The constraints on the activity, the data needed for decisions, and how to collect data are all determined in which step of the

inysia [295]

Answer:

Developing research plan

Explanation:

This is the stage where you plan all you're set to achieve in the study. You itemize likely constraints you're to face in the field and how to tackle them, how you intend to collect your data, your intended respondents and everything needed to make the research process a success.

3 0

3 years ago