Josh's company, like many other organization, is a hierarchical organizational structure.
<h3>What is a hierarchical organizational structure?</h3>
A hierarchical organizational structure is a formal type of structure that is usually followed by the multi-national and large industries.
It is a systematic structure, in which decisions are made by the top management. Then, the decisions being made by the top level will be followed by the other departments.
It is a formal decision making process.
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Cave-ins would be the answer.
Answer:
Profession is a field or work of life,which you choose in order to become a professional of that field. For example, Teaching is a profession and am a teacher which makes me a professional of that
Answer:
Cost of Equity 16.33%
Explanation:
We solve for this using CAMP:
risk free = 0.0387
premium market = (market rate - risk free) 0.0903
beta(non diversifiable risk) = 1.38
Ke 0.16331 = 16.33%
We are given with the risk free rate of return and the market premium already so we just need to plug into the formula to solve for the expected return on the stock.