In what form of business do members of an organization own and control its activities

Gilmore, Inc. recently embarked on an effort to increase coordination and cooperation within the company. During the process, Gi

grandymaker [24]

Answer:

Organizing Management Function

Explanation:

Organizing is the management function which includes the creation of an organizational structure as well as the allocation of human resources to ensure that the objectives are achieved.

Gilmore managers are re-allocating the companies resources.

Organization structure is the framework through which activities are organized.

4 0

3 years ago

In your own words, what are the strengths and

german

Answer:

Advantages

Helps in Scheduling : 

One of the greatest benefits of forecasting is that it helps the manager to prepare for the organization's future. Currently, planning and forecasting go hand in hand. We will not prepare for it without an understanding of what the future holds for the business. Forecasting, therefore, plays a very significant role in planning.

2) Changes to the Climate :

Prognostics should be able to point out the potential environmental changes when performed correctly. This implies that it will allow the organization to benefit from such environmental changes. It can develop and grow its business if the changes are beneficial to the company. And it may intend and prepare to defend itself in adverse circumstances.

3) Weak Spots Detection:

Another benefit of forecasting is that it can help the manager find any weak points that the company may have or overlooked areas. When attention has been drawn to these areas, successful controls and preparation strategies to fix them can be put into practice by the manager.

Disadvantages:

1) Factors Time and Cost 

There is usually a lot of data and knowledge needed to make structured forecasts. And, there is a lot of time and money involved in the processing and tabulation of such results. Another aspect is also the translation of qualitative data into quantitative data. One must be cautious that the forecasting time, resources, and effort expended must not overshadow the real benefits of such forecasts.

2) Based on Forecasts 

Assumptions, approximations, natural conditions, etc are the basis of every forecasting system. This renders those predictions inaccurate. So, the inherent weaknesses of forecasting must always be kept in mind and everyone has to be careful about being over-reliant on them.

3) Just Estimates 

The future will be unpredictable at all times. Even if the best methods of forecasting are used and every factor possible is accounted for a prediction is still just an estimation. With 100 percent effectiveness, one can never predict future events. So even the best-laid plans can be nothing at all. This will still be one of forecasting's greatest constraints.

Hope it helps.

5 0

2 years ago

1. The following are categories of accounts reported in the financial statements: A. Current Assets E. Long-Term Liabilities B.

kondaur [170]

Answer:

E, B, D, C, A, G, H, F

Explanation:

Bonds Payable - Long-term liabilities

Buildings - Fixed assets

Accrued Liabilities - Current liabilities

Intangibles - Intangible assets

Inventory - Current assets

Unearned Rent Revenues - Revenue; advanced paid rentals

Accumulated Depreciation - Expense

Retained Earnings - Stockholder's equity

3 0

3 years ago

BRAINLIEST REWARD

iren2701 [21]

1, 2, 3 I think would all be things she lost. Hope this helps!

4 0

3 years ago

Read 2 more answers

homeworklib Assume the following for White Top Inc. for the current fiscal year. White Top applies overhead on the basis of unit

Naya [18.7K]

Answer:

50,500 Units

Explanation:

The computation of the number of units produced is shown below:

Overhead rate is

= $200,000 ÷ 50,000 units

= $4 per unit

The Actual overhead is $222,000

So,

Under applied overhead is $20,000

Now

Applied overhead is

= $222,000 - $20,000

= $202,000

And, finally

Actual unit produced is

= $202000 ÷ 4

= 50,500 Units

6 0

2 years ago