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Masja [62]
2 years ago
5

Laura is a billing clerk in a​ medium-sized manufacturing company. She reports to the Supervisor of Accounts​ Payable, who in tu

rn reports to the Manager of Accounting. The Manager of Accounting is accountable to the Chief Financial​ Officer, who reports to the company president.
Which element of organizational design does this​ illustrate?

A. Decentralization
B. Departmentalization
C. Chain of command
D. Work specialization
E. Staff authority
Business
1 answer:
Firlakuza [10]2 years ago
6 0

Answer: (C) Chain of command

Explanation:

 The chain of command is basically refers to the organizational hierarchy and it helps company for establishing the authority line in an organization. It also helps in the decision making process and manage all the production activity in an organization.  

According to the given situation, the chain of command is one of the element for the organizational design. As, the chain of command is one of the important element as it is one of the effective management in an organization.

Therefore, Option (C) is correct.  

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Bonita Manufacturing uses a flexible budget. It has the following budgeted manufacturing costs for 24700 pairs of shoes: Fixed M
NikAS [45]

Answer:

the  total budgeted manufacturing cost is $292,600

Explanation:

The computation of the total budgeted manufacturing cost is shown below;

Total Budgeted Costs = Fixed Costs + Variable costs

= $12,300 + $292,600

= $304,900

Total Variable costs = Variable Cost Per Unit × Activity Level

= $14 × 20,900

= $292,600

Hence, the  total budgeted manufacturing cost is $292,600

4 0
2 years ago
Define Moore’s Law and explain why its consequences are important to business professionals today. State how business profession
balandron [24]

Answer:

Explanation:

1)Moore's Law was created by Gordon Moore, the co-founder of Intel Corporation. Moore's Law states that the speed of a computer doubles every 18 months. Because of Moore's Law, the ratio of price to computer performance has fallen and the cost of storage, data processing, and communication have dropped to nearly zero and any routine skill can be outsourced to the lowest bidder.

2)The text defined job security as a "marketable skill and the courage to use it". To attain job security, business professionals should develop their non-routine cognitive skills such as collaboration, the ability to experiment, systems thinking, and abstract reasoning. This course in introductory MIS requires students to learn these four keys skills because every topic will require us to apply and practice these skills.

3)1. Course gives students necessary background to assess, evaluate, and apply emerging information technology to business

2. Course leads the path to job security by educating students in marketable skills

3. Numerous MIS jobs are available

7 0
3 years ago
Fifteen years ago, Mr. Fairhold paid $50,000 for a single-premium annuity contract. This year, he began receiving a $1,300 month
marusya05 [52]

Answer: $1091.61

Explanation:

From the question, we are told that fifteen years ago, Mr. Fairhold paid $50,000 for a single-premium annuity contract and that this year, he began receiving a $1,300 monthly payment that will continue for his life and based on his age, he can expect to receive $312,000. The amount of each monthly payment is taxable income to Mr. Fairhold goes thus:

Based on the question, Mr Fairhold will have a tax free return of the $50,000 paid. The exclusion ratio will be the investment divided by the expected return. This will be:

= $50,000/$312,000

= 0.1603

Since he received monthly payment of $1,300 and exclusion ratio is 0.1603, the tax free return on investment will be:

= $1,300 × 0.1603

= $208.39

Taxable annuity payment will now be:

= $1300 - $208.39

= $1091.61

6 0
3 years ago
Which of the following has the elements of the supply chain in the correct order?
irina1246 [14]

I believe the answer would be C because first we gather materials like cotton strings ect, then we produce it and make something out of cotton and strings ect, and then we distribute it to retail to get sold and earn money. Hope this helps!

6 0
3 years ago
Codetermination:
aleksandr82 [10.1K]

Answer:D. is the inclusion of a corporation's employees on its board.

Explanation: Codetermination is a term applied in terms of describing the board composition of a corporation to mean the inclusion of the employees of a corporation to form part of the board and also take part in determining the pace and processes of decision making within an organisation.

Codetermination ensure that workers also also part of the decision makers in a corporate entity.

7 0
2 years ago
Read 2 more answers
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