Answer:
The organization structure is not clearly defined, Managers are performing duties in various departments at a time.
Explanation:
San Consulting is one of the finest consulting firm in the Greater Accra Region. The firm is always a first choice for individuals who want to pursue their career in business. The Organizational structure of San Consulting is not clearly defined. San's profits are falling because management practices are not according to the other competitive organizations. The managers working at San are facing excess workload and pressure for their work. Their job descriptions is not clearly defined and they are forced to work in multiple departments at the same time due to which they are losing focus on their own work.
Questions 1: Planning, organizing, leading and controlling
Question 2: The organizational structure needs to be set and every employee should have their defined job role so they are able to complete work with efficiency.
Question 3: The profits of San consulting will rise as there will be less duplication of work and every employee will be able to focus on their own task and will work with efficiency.
Question 4: Matrix. The matrix organizational structure is not suited in this organization. The right organizational structure for San consulting will be Functional Structure.
Question 5: (i) The profits for San Consulting will decline
(ii) The profit will rise because employee will focus more on their specific tasks.
1B. Yes agree. The managers need to focus on the external environment as well to identify the opportunities and threats present which can stimulate changes for the organization.
Answer:
True
Explanation:
Blockbusting is grabbing the land of the real owners by deceiving them in terms like saying them that the surrounding land will be owned by uncivilized black people (a tastic used in some 1900s), religions that are threat to your coming offsprings and stuffs like that to emotionally force the white owner to sell their property at below fair value. Then later the land was sold to other customers at above fair value due to provision of facilities that were rare in those days.
Answer:
$221,100
Explanation:
Investing activities: It tracks activities that include buying and selling long-term assets. The buying is a cash outflow whereas the selling is a cash inflow
The computation is shown below
Cash flow from Investing activities
Add: Sale of equipment $51,300 ($65,300 - $14,000)
Less: Purchase value of a new truck - $89,000
Add: Sale of land $198,000
Add: Sale of long term investments $60,800
Net Cash flow from Investing activities $221,100
Answer:
Allowance for Bad Debts
Debit - Credit
$ 10,600 - $ 7,300
- $ 13,400
$ 10,600 - $ 20,700 = 10,100
Explanation:
Balance at the Begining
Allowance for Bad Debts $ 7,300
=========================================
Bad debt expense $ 13,400
Allowance for Bad Debts $ 13,400
=========================================
Allowance for Bad Debts $ 10,600
Accounts Receivable $ 10,600
=========================================
Balance at the End
Allowance for Bad Debts $ 10,100
=========================================
Answer:
Total number of units produced for the period = 662 units
Explanation:
Total manufacturing cost = (Fixed overhead cost) + (Total direct labour cost) + (Total materials cost) + (Total Variable overhead cost)
Let the number of units produced be Q
Total manufacturing cost = $160705
Fixed overhead cost = $58000
Total direct labour cost = cost of direct labour per hour × number of direct labour hours = 2.7 × 13100 = $35370
Total direct materials cost = Direct material cost per unit × number of units produced = 75 × Q
Total variable overhead cost = 50% of total labour cost = 50% of 35370 = $17685
160705 = 58000 + 35370 + 75Q + 17685
75Q = 160705 - 58000 - 35370 - 17685
75Q = 49650
Q = 662 units