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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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One of the indirect costs of bankruptcy is the incentive toward underinvestment. underinvestment generally would result in?
zysi [14]

<u>By choosing </u><u>high-risk ventures,</u><u> stockholders steal wealth from bondholders. The incentive for underinvestment is one of </u><u>bankruptcy's</u><u> </u><u>indirect costs. </u>

  • Underinvestment would typically lead to - The company rejecting profitable proposals that would unquestionably be approved if the company were fully funded by equity.

How does a company's capital structure get impacted by bankruptcy costs?

  • The likelihood of bankruptcy may rise as a result of higher capital expenses and increased risk.
  • The company's WACC rises over the ideal level when additional debt is added to its capital structure, raising the cost of bankruptcy even more.

Learn more about bankruptcy

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3 0
2 years ago
Tara was shopping for a new pair of shoes for work. The salesperson was very helpful and friendly, bringing Tara some styles she
aivan3 [116]

Answer:

salespeople

Explanation:

In the context, Tara wishes to buy new shoes for her work. She went to shoe shop and try out different shoes. The salesperson is helping her a lot in finding out her new pair of shoes and is also showing Tara some of the latest designs that are available in the shop.

The salesperson is polite and helpful to her. Tara found out that the salesperson also belonged to the same university where Tara studied. And she ended up in buying three pair of shoes instead of one. This shows the effect of the salesperson on the consumer behavior of Tara.

4 0
3 years ago
A soup kitchen falls under what type of organization?
juin [17]

food bank because they used a soup kitchen during the Great depression and it's for the homeless people too it has to be program

7 0
3 years ago
For the week of June 6, Melvin Mince, the manager of Melvins Hotel in North western Illinois, budgeted 600 hours for room attend
sveta [45]

Answer: See explanation

Explanation:

From the information given,

Budgeted hours = 660

Budgeted rate per hour = 3.4

Budgeted rooms to clean = (600 × 60)/36 = 36000/36 = 1000

1. What is the amount of the budget variance?

This will be:

= (Actual room - Budgeted room) × Standard rate

= (1050 - 1000) × 3.4

= 50 × 3.4

= 170 favorable

2. What is the amount of the volume variance?

This will be:

= Standard cost - Actual labor cost

= (630 × 3.4) - (660 × 3.3)

= 2142 - 2178

= 36 Unfavorable

3. What is the amount of the efficiency variance?

This will be:

= 3.4 × (630 - 660)

= 3.4 × (-30)

= 10.20 Unfavorable

4. What is the amount of the rate variance?

This will be:

= Actual time ( Standard rate - Actual rate)

= 660 × (3.4 - 3.3)

= 660 × 1

= 660 Favorable

5 0
3 years ago
Potential founders assess their additional skills and they tailor their business to their
snow_lady [41]

Answer:

Unique skills and personality

Explanation:

Every potential founder or entrepreneur have skills and personality unique to them. However, as a founder, one would hardly rely on combination of skills but a unique skill that will make him concentrate and make his business efficient.

Businesses need different skills to grow hence requires business founders to have a unique skill and personality and tailor them to the business. As a business continues to grow, it will get to a point where not just having skills will be enough but the unique and relevant skill that will help to create a more efficient and capable business .

Also as a business founder, one would likely perform different roles as at when required. However, one would discover that he is better on some roles compare to other roles due to having this unique skills and personality hence performs optimally.

4 0
3 years ago
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