It is important to expand the span of control because
- the workforce is better educated at all levels.
- organizations save by reducing the number of middle managers.
<h3>What is a span of control?</h3>
Span of control simply means a key element in the structure of an organization.
In this case, it is vital to expand the span of control because the workforce is better educated at all levels and organizations save by reducing the number of middle managers.
Learn more about span of control on:
brainly.com/question/26102029
Answer:B Both do positive work, but person X does twice as old as person Y
Explanation:
It means X has put in double the efforts of Y. That for every one efforts of Y, X does two and for every two he does four etc
Answer:
NPV= $22,511.15
Explanation:
<u>First, we need to calculate the present value of the cash flows ∑[Cf/(1+i)^n]:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual cash flow
FV= {50,000*[(1.12^10) - 1]} / 0.12
FV= $877,436.75
PV= FV/(1+i)^n
PV= 877,436.75/1.12^10
PV= $282,511.15
<u>Now, the net present value, using the following formula:</u>
NPV= -Io + ∑[Cf/(1+i)^n]
NPV= -260,000 + 282,511.15
NPV= $22,511.15
Answer:
Category 1. Expenses that will vary according to output- Inventory purchase
Category 2. Expenses that will not vary according to output- labor cost, travel allowance, salary of staff, rent,lease of premises.
Explanation:
Costs or expenses that vary with the level of output is termed variable cost. It means that as the output is being produced, the cost incurred in producing such output changes.
Examples of variable cost are inventory purchases etc.
Cost or expenses that do not vary with the level of output is termed fixed cost. Meaning that irrespective of the output, the cost incurred to produce such output remains fixed.
Example includes rent, salary of staff, lease of premises etc. These costs have been fixed even before production and will remain the same whether or not output increases.
Answer:
1.6
Explanation:
The formula and the computation of the price elasticity of supply is shown below:
Price elasticity of supply = (Percentage change in quantity supplied) ÷ (percentage change in price)
where,
Percentage change in quantity supplied = 16%
And, the percentage change in price = 10%
So, the price elasticity of supply is
= 16% ÷ 10%
= 1.6
