The Answer is C. Plan for protecting assets . I just took the test
Answer: Maximize profits
Explanation: The basic assumption an economist make is that the owners of a firm always works with the intent of maximizing their profits. As per this approach, the producers in the market determine their prices, inputs and outputs in such a way that it leads to highest profits.
Hence, from the above we can conclude that the right option is C.
Answer:
The correct answer is D.
Explanation:
Giving the following information:
The Thomlin Company estimates that total overhead for the current year will be $16,000,000 and that total machine hours will be 200,000 hours.
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 16,000,000/200,000= $80 per machine hour
She wouldn't owe her brother any money because an agreement to accept different performance in lieu of full payment of liquidated debt is binding.
Hopefully it helps.
Answer:
<u>Network </u>
Explanation:
A network type of organizational structure is characterized by a less hierarchical levels, with greater decentralization and more flexibility.
Such an organization is inter connected by informal social networks based upon the requirements of a task instead of a formal structure.
In this kind of organizational structure, reporting requirements ain't pre defined and it arises as per the need and as per the extent of coordination. It promotes direct communication and eliminates bureaucracy as decision making does not require approval from multiple levels.
In the given case, the company does not actually produce or market the bread indicates the existence of intra-company networks which perform those tasks.
Similarly, the fact that there are very few employees who are majorly top executives or of clerical level, indicates elimination of multiple levels of organizational hierarchy.
Thus, it represents a network organizational structure.
