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Savatey [412]
3 years ago
12

In this business structure a common view of a firm is as a hierarchy organized around a set of functions. Each group has a core

competency that it concentrates upon. 1. Business reengineering approach 2. Process Control 3. Technology 4. Business process 5. Silo
Business
1 answer:
serg [7]3 years ago
4 0

Answer:

Functional

Explanation:

In a functional business structure a common view of a firm is as a hierarchy organized around a set of functions. Each group has a core competency that it concentrates upon.

A functional organizational structure is a structure used to organize workers. They are grouped based on <u>their specific skills and knowledge.</u> It vertically structures <u>each department with roles from president to finance and sales departments, to customer service, to employees assigned to one product or service. </u>

<u />

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Give reasons to show why management is inexact science and not an exact science?​
Sloan [31]

Explanation:

It is true that is inexact science neither precise nor as comprehensive as natural and pure science.

7 0
3 years ago
Martinez Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $166,900 to $19
kolezko [41]

Answer:

<u>monthly flexible budget for each $11,100 increment </u>

Sales                                                               $11,100

Less Sales Commissions ( $11,100 × 6%)       ($666)

Net Sales                                                       $10,434

advertising ( $11,100 × 5%)                              ($555)

traveling ( $11,100 × 4%)                                  ($444)

delivery ( $11,100 × 2%)                                   ($222)

Net Income                                                     $9,213

Explanation:

Consider Only the incremental costs and revenues.Fixed costs are not relevant for the $11,100 increment

<u />

4 0
4 years ago
Which of the following describes the results of an increase in supply on price and quintity in the market?
Furkat [3]

Answer:

This question is incomplete. However, I found the full question with choices from the web ;

Which of the following describes the results of an increase in supply on price and quantity in the market?

a.) Both price and quantity increase

b.) Both price and quantity decrease

c.) Price increases and quantity decreases

d.) Price decreases and quantity increases

e.) Insufficient information

Explanation:

If the supply of a product or service  increases in the market, it means that there will be an increase in the quantity of that product/service. Due to the interplay of  the law of demand and supply, competition among suppliers will increase, driving the price down. Therefore, there will be a  fall the equilibrium price and increase in quantity , making choice D correct.

7 0
4 years ago
Nathanial Drummond has three different insurance policies. He has been injured in an accident and has incurred $30,000 in medica
marysya [2.9K]

<span>The answer is D. Major medical insurance.</span>

This usually covers all healthcare including prescription medicine and out-patient costs and even other services like physical therapy and mental health. Unlike basic health care, this kind of insurance sets a limit on your medical expenses, even if you have very costly treatment.

6 0
3 years ago
Read 2 more answers
​(Related to Checkpoint​ 5.2) ​(Future value) ​(Simple and compound​ interest) If you deposit ​$1 comma 000 today into an accoun
Anna35 [415]

Part A

Answer and its explanation:

Interest earned in the third year can be found from following two steps

Step 1 Use compounding formula for first two years, which is as under:

Future value = Present Value * (1+r)^n

Here n is the number of years the amount would be deposited for, which is 2 years duration. And r is the rate of return which is 8% here. So the future value in the year 2 will be:

Future value = $1000 * (1 + 0.08)^2 = $1166.4

Now the interest earned in the third year is:

Interest earned in the third year = $1166.4 * 8% = $93.312

Part B

Answer and its explanation:

The simple interest is the interest arising from the principal investment made in the year zero to date and this can be calculated as under:

Simple interest = Principal investment * rate of interest * number of years

Simple Interest = $1000 * 8% * 3years = $240

And the interest arising from the compounding of interest can be found by the difference of the Future value of the investment for three years and simple interest.

So,

Interest arising through compounding of interest = FV of investment in three years time - (Simple Interest + Principal investment)

Interest arising through compounding of interest = $1000*(1+0.08)^3 -$1240

= $19.712

6 0
3 years ago
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