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kondor19780726 [428]
3 years ago
14

One disadvantage of a functional structure is that _____.

Business
1 answer:
almond37 [142]3 years ago
6 0

Answer:

It frequently lacks effective communication channels across department.

Explanation:

A functional structure is an organizational structure that is used to coordinate employees on the basis of their various skills. It helps in the categorizing of workers into smaller groups based on their area of specialty.

Advantages of functional structure include:

1) The grouping of workers into their area of specialty makes the work more efficient.

2) The individuals in a group share their various knowledge to make productivity faster.

Diasvantages of functional structure include:

1) There could be a lack of coordination among the workers.

2) Competition may arise between individuals in a group.

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Your father is 50 years old and will retire in 10 years. He expects to live for 25 years after he retires, until he is 85. He wa
EastWind [94]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Your father is 50 years old and will retire in 10 years. He expects to live for 25 years after he retires until he is 85. He wants a fixed retirement income that has the same purchasing power at the time he retires as $55,000 has today.

Annual inflation is expected to be 3%. He currently has $135,000 saved, and he expects to earn 8% annually on his savings.

<u>We weren't provided with the requirements. Therefore I will answer in two different ways:</u>

a- to reach the goal the money will be deposit all in once.

b- to reach the goal the money will be deposit in annual payments.

First, we need to calculate the total money required at the age of 60.

FV= PV*(1+i)^n

i= 0.08 - 0.03= 0.05

n=10

PV= 135,000

FV= 135,000*(1.05^10)= 219,900.77

Total retirement needed= 55,000*24= 1,320,000

<u>Total money needed= 1,320,000 - 219,900.77= 1,100,099.23</u>

A) Lump sum:

PV= FV/ (1+i)^n

PV= 1,100,099.23/1.05^10= $675,365.50

B) Annual deposit:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= ( 1,100,099.23*0.05) / [(1.05^10) - 1]= 87,462.92

5 0
3 years ago
John, the owner of a lawn care service, likes to meet with his employees six months after their yearly evaluation to discuss how
Mariana [72]

Answer:

<em>Control</em>

Explanation:

The control cycle <em>is the incremental process in which tests are prepared, tracked, reviewed,  and updated. </em>

The control cycle is widely used to continually monitor organizational expenditures and  system flows.

The assumption when applying the control cycle to budgeting is that each subsequent iteration of  the budget will be changed based on the information obtained when comparing the initial budget with  actual results.

6 0
3 years ago
In the table above the output level where the price minus atc (average total cost) is a maximum (or least negative) is the maxim
Elan Coil [88]
<span>In the table above the output level where the price minus atc (average total cost) is a maximum (or least negative) is the maximum profit position. this occurs at an output of four units.</span>
3 0
3 years ago
What are the key revenue cycle accounts for ford? what accounts involve critical accounting estimates?
Ira Lisetskai [31]

The key revenue accounts that are usually included in the cycle can help know more about business’ income moves through the company's accounting system. These are:

 

-Cash

-Sales

-Accounts Receivable

-A/R Subsidiary Ledger

-Financial Receivable

-Allowances for Doubtful Accounts

-Bad Debt Expense

-Sales Discounts

-Sales Returns and Allowances

-Leases

-Warranty Expense

-Warranty Liability

-Sales Commission Expense

 

Accounts that Involve Critical Accounting Estimates:

-Warranty and Additional Service Actions

-Automotive Sector

-Financial Service Sector

-Operating Leases-

Allowance for Credit Losses

-Allowance for Doubtful Accounts

-Bad Debt Expense

-Lease

<span> </span>

5 0
4 years ago
What are three common causes of scarcity??
musickatia [10]
Poor distribution of resources, when demand increases and supply cant keep up, and or government intervention.
6 0
3 years ago
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