Amy should reduce hierarchy if she wants to avoid being beaten by competitors.
A reduction of hierarchy will realign the company to achieve its goals faster than operating with a formalized hierarchy. This restructuring or delayering is known as empowerment.
The advantages that Amy will achieve by delayering or reducing hierarchy include:
- Simplifying the organization's management structures
- Reducing its bureaucracy
- Cutting its communication paths
- Speeding up decision-making
- Pushing responsibility down to lower organizational levels (through empowerment).
Thus, Amy should rethink the organizational structure by reducing the hierarchy, making the decision-making process accessible.
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<span>How does Truth In Lending protect consumers when shopping for a loan</span>
Answer:
the balance sheet is missing:
Balance Sheet (In millions of Dollars)
ASSETS
Cash $6.0
Accounts Receivable 14.0
Average Inventory 12.0
Fixed Assets, net 40.0
TOTAL ASSETS $72.0
LIABILITIES AND EQUITY
Accounts Payable $10.0
Salaries and Benefits Payable 2.0
Other current Liabilities 10.0
Long-term debt 12.0
Equity 38.0
TOTAL LIABILITIES AND EQUITY $72.0
a. Determine the length of the inventory conversion period.
- inventory conversion period = average inventory / (COGS/365) = 73 days
b. Determine the length of the receivables conversion period.
- receivables conversion period = accounts receivables / (net sales/365) = 51.1 days
c. Determine the length of the operating cycle.
- length of operating cycle = 73 + 51.1 = 124.1 days
d. Determine the length of the payables deferral period.
- length of the payables deferral period = accounts payables / (COGS/365) = 60.83 days
e. Determine the length of the cash conversion cycle.
- cash conversion cycle = 73 + 51.1 - 60.83 = 63.27 days
f. What is the meaning of the number you calculated in Part e?
- How long does it take to turn inventories into cash, it is a measure of asset liquidity.
Answer:
Total Claim = $2416
Explanation:
The coverage on the currency = $250
The coverage on the jewelry = $1000
The limit on the gold, pewter, and silver = $2500
The amount that is stolen:
The amount of cash = $270
The worth of jewelry = $1734
Pewterware = $1666
The miximum coverage = 250 + 1000 + 2500 = $3750
Actual loss = 270 + 1734 + 1666 = $3670
Reimbursement amount = 250 + 1000 + 1666 = $2916
Total Claim = Total Amount Covered – Deductible
Total Claim = $2916 - $500 = $2416
As a shareholder in Titanic Shipping, Inc., James Blue is one of the many actual owners. In case of the bankruptcy of the corporation, his liability would be limited to the amount of his investment.
<h3>What shareholder means?</h3>
- Any individual, business, or organization that has stock in a corporation is a shareholder.
- A shareholder of a firm may own just one share. As residual claimants on a company's profits, shareholders may be subject to capital gains (or losses) and/or dividend payments.
<h3>What is shareholder and example?</h3>
- The definition of a shareholder is a person who owns shares in a company.
- Someone who owns stock in Apple is an example of a shareholder noun.
- A person who owns one or more shares of stock in a joint-stock company or a corporation.
<h3>What is the purpose of a shareholder?</h3>
- The shareholders are the company's owners and give financial support in exchange for prospective dividends paid out over the course of the business.
- There are three ways for an individual or business to become a shareholder in a company by adhering to the company's memorandum at the time of incorporation.
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