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s2008m [1.1K]
3 years ago
13

Suppose you are a manager at an advertising agency who is eager to utilize Covey’s advice about delegation. Today, you need to w

ork on a presentation for a potential new client. This requires delegating a routine status report about an ongoing advertising campaign to Patricia. You ask Patricia to complete the status report, making her haveresponsibility for its completion. Which of the following are true after you delegate the status report to Patricia? Check all that apply. You should guide Patricia through each step of the assignment to serve as a mentor. Patricia must have authority over the resources and personnel needed to complete the status report. You should help Patricia with the status report, to the extent you have time. Patricia will be held accountable for the results of the assignment. The advertising agency recently reorganized. Patricia now reports to both the regional sales manager and a senior product manager which means there unity of command. Unity of command in matrix organizations. Lower-level employees have the authority to act without first seeking approval for activities in a company. Continue without saving
Business
1 answer:
zepelin [54]3 years ago
8 0

Answer and Explanation:

In the first situation, the accounting and responsibility is chosen as of the superior assigned the work to the subordinate so there would be  accounting and responsibility that the given work should be completed within the prescribed time and under the full responsibility

In the second situation, there is a unity of command but it does not exist in the matrix organization. Here unity of command is reporting to one boss.

In the third situation, decentralization is there as there are the authority to take independent decisions by middle level and lower level employees

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3 years ago
Hot Wok Cuisine is a premium Asian restaurant chain that differentiates itself from a large number of competitors by providing e
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monopolistically competitive industry.

Explanation:

this Asian restaurant is likely operating a monopolistically competitive industry. This kind of market structure is a combination of monopoly and competitive market. as it offers products and services which one similar. Also the question says that it has some barriers to entry, which is a characteristic of monopolistically competitive industry. Also goods are similar but not differentiated

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4 years ago
9. Assume that Cane expects to produce and sell 87,000 Alphas during the current year. A supplier has offered to manufacture and
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Answer: Financial disadvantage of -$‭863,000‬

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If they made the 87 thousand units themselves, they would incur a cost of:

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= 87,000 * (23 + 24 + 22) + (23 * 110,000)

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If they buy from the supplier, the cost would be:

= 108 * 87,000

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3 years ago
If a firm increases its dividend payout rate the: firm will have less cash available for new investment. Unselected firm’s sto
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Answer:

1. If a firm increases its dividend payout rate the: firm will have less cash available for new investment. True

2. Stock price will likely fall by the same percentage. False

3. Retention ratio will rise at the same rate. False

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1. If a firm increases its dividend payout rate the: firm will have less cash available for new investment. This assertion is true because the company would be paying out a larger portion of earnings as dividends, hence the balance portion for new investment will be lower as a result.

2. Stock price will likely fall by the same percentage. This assertion is most unlikely because normally, if a particular stock is paying higher dividends investors will have high expectation and be willing to pay a higher price to buy a stock that pays high dividends

3. Retention ratio will rise at the same rate. This conclusion is also incorrect because pay out ratio and retention ratio have an inverse relationship. If more dividend is paid out, then less money is retained.

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3 years ago
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