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Serjik [45]
4 years ago
13

What other structures discussed in the chapter might allow the organization to operate more effectively? For example, would the

move to a product team structure lead to greater efficiency or effectiveness? Why or why not?
Business
1 answer:
Pachacha [2.7K]4 years ago
6 0

Explanation:

In that question, the answer is that a move to a product team structure would lead to greater efficiency or effectiveness would depend on the type of product or service the organization offers. Its structure must be developed so that its objectives and goals are more effectively achieved. In a functional structure, for example, which operates in the form of specific departments formed by people who use the same knowledge, tools or techniques to carry out a job, the product team's structure would not be as efficient and effective because all efforts of the divisions of a company with a functional structure are to offer the same product or service, through a system of systematized activities that integrate the organizational whole.

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Problem 3.10 Net Present Value. Assume that your firm wants to choose between two project options: Project A: $500,000 invested
Slav-nsk [51]

Answer:

Project B is a better investment

Explanation:

Given:

Project A's initial investment is $500,000

Expected cash inflow starting from year 1 for 5 years is $150,000

Required rate of return is 10% and inflation is 3%. So required rate of return is 13%

NPV of project A = -500,000 + Present value of annuity of $150,000, 5 years at 13%

Present value of annuity factor of $1, 13%, 5 periods = 3.5172

NPV of project A = -500,000 + (150,000 × 3.5172)

                           = $27,580

Poject B's initial investment =  $400,000

Use present value factor of $1, 13% to compute present value of cash inflows:

Year 1 = 0

Year 2 = 50,000 × 0.7831 = 39,155

Year 3 = 200,000 × 0.6931 = 138,620

Year 4 = 300,000 × 0.6133 = 183,990

Year 5 = 200,00 × 0.5428 = 108,560

NPV of project B = -400,000 + (39,155 + 138,620 + 183,990 + 108,560)

                           = $70,325

Since project B's NPV is higher than project A, project B is a better investment.

4 0
4 years ago
Linda saw a print ad in a magazine for clairol's natural essence semi-permanent hair color that she knew existed but did not kno
Vlad1618 [11]

This is the knowledge/expectations stage of the hierarchy of effects, because Linda is now aware of the product and is starting to learn about it.

The hierarchy of effects is:

1. Awareness - know the product exists

2. Knowledge- learn about the features of the product

3. Liking - make sure the customer likes the product and if not, figure out why

4. Preference- customers want your product over other brands

5. Conviction- the decision to make the purchase

6. Purchase - actually going out and buying the product

8 0
3 years ago
QUESTION 2
solong [7]

Answer:

C. What is the relationship between salary, measured in dollars, and age, measured in years?​

Explanation:

Qualitative descriptive statistic will provide an enhanced presentation toward a certain occurrence, but the data is not measured by numbers.

When you see option A, frequencies and percentage is measured by numbers. So we can cross this out.

In option D, means and standard deviations is also measured in numbers.

This only leave us with option C.

8 0
3 years ago
Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year, and a worker in Oatland can
Dafna1 [17]

Answer: d. 340 bushels of corn and 500 bushels of oats.

Explanation:

The country that has the lower opportunity cost in producing a certain commodity is the one with competitive advantage.

Cornland

Opportunity cost of growing Corn =  10/40 = 1/4 bushels of oats

Opportunity cost of growing oats = 40 / 10 = 4 bushels of corn

Oatland

Opportunity cost of growing Corn =  50/5 = 10 bushels of oats

Opportunity cost of growing oats = 5/50 = 1/10 bushels of corn

Cornland therefore has competitive advantage in producing corn and Oatland has competitive advantage in oats.

If both countries traded, Cornland would focus on corn and Oatland would focus on oats.

If all of Cornland's workers focused on corn, production would be:

= 20 * 40 bushels per worker

= 800 bushels of corn

If all of Oatland workers focused on oats, production would be:

= 20 * 50

= 1,000 bushels of oats

Increase in corn would be:

= 800 - (400 bushels from Cornland + 60 bushels from Oatland)

= 340 bushels of corn

Increase in oats:

= 1,000 - (100 bushels from Cornland + 400 bushels from Oatland)

= 500 bushels of oats

4 0
3 years ago
The investing public generally understands that it is very difficult for auditors to detect fraud, so investors do not hold audi
tia_tia [17]

Answer:

False

Explanation:

"An auditor is a watchdog and not a blood hound". The purpose of conducting an audit is to provide 'reasonable assurance" and not 'absolute assurance' to the management of an entity and users of financial statements.

An auditor cannot be held liable for any misstatement or fraud if he proves that he did his work diligently, and acted bona fide, and as per the evidence available to him, arrived at such an opinion.

But, in cases wherein an auditor has acted grossly negligent or colluded with management or window dressing of accounts, such auditor would be held personally liable and accountable. For e.g Enron case.

5 0
3 years ago
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