A company's organizational structure is the hierarchy that defines its management and communications. The disadvantages of organizational structure include lopsided management lines, increased bureaucracy, slowed communications, and increased inflexibility.
<h3>What exactly is an organizational structure?</h3>
A system that defines how specific activities are directed in order to achieve an organization's goals is referred to as an organizational structure. Such activities include rules, roles, and responsibilities.
- Many of the problems with using a simple organizational structure revolve around the workload of the owner or the person at the top. If the owner of a company is required to approve every decision, he may become overworked.
- The three main organizational structures are hierarchical, sequential, and matrix.
Hence, the organizational structure of a company is the hierarchy that defines its management and communications. Organizational structure disadvantages include lopsided management lines, increased bureaucracy, slowed communications, and increased inflexibility.
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Answer:
The marketing mix refers to the actions a company takes to market its product(s) and/or service(s). Typically, it acts as a framework for breaking down the four key components of marketing — product, price, place, and promotion.
Explanation:
Answer:
Transaction a
Debit : Account Receivable $27,500
Credit : Sales Revenue $27,500
Transaction b
Debit : Cash $5,875
Credit : Deferred Revenue $5,875
Transaction c
Debit : Sales Revenue $1,500
Credit : Account Receivable $1,500
Transaction d
Debit : Deferred Revenue $5,875
Credit : Sales Revenue $5,525
Credit : Discount received $350
Explanation:
The journals have been prepared above.
Answer:
The correct answer is letter "B": increase the level of interest among consumers.
Explanation:
After consumers realized a new product has been introduced into the market, marketing executives must find out the way to keep those customers interested in the product. Thus, they will become regular consumers of the good or service offered which implies the company would have a stable income to keep the business going.
I inferred you are to the 2017 TEDx talk "Short-termism is killing us: it's time for Long path" by Ari Wallach.
<u>Explanation:</u>
According to Wallach, he refers to short-termism as focusing on short-term results at the expense of long-term interests.
In his words, short-termism is a problem because;
- "it prevents the CEO from buying really expensive safety equipment"
- "prevents teachers from spending quality one-on-one time with their students".
So in summary what Wallach is saying is that short-termism prevents futuristic thinking.
