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Levart [38]
4 years ago
9

ABC Company set up a _____________ organization, whereby employees from various functions of the business would join a team to s

ee this project through, from start to finish. Upon completion, the team would disband and members would return to their respective functional units.
Business
1 answer:
erma4kov [3.2K]4 years ago
4 0

Answer:

Matrix

Explanation:

Matrix organization: In a matrix organization, the employees and workers of a business organization would report to the functional and product manager. In functional manager, there are various functions like - Human resource, marketing, and sales, services, finance, etc, where in the product manager, the types of product, their quality, quantity, pricing of a product is deal.

In this organizational structure, they report to two bosses so that proper functioning could be done as the business organization is set up in the wide area.  

After completing their tasks, they return to their respective functional units.  

Its main focus is to attain organization objectives with maximum customer satisfaction which results in higher productivity.

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Once an online catalog is in place, there are high costs in maintaining and accessing it.
Ket [755]

Answer:

False, once an online catalog is in place, there is little cost in maintaining it

5 0
2 years ago
You plan to invest in bonds that pay 6.0%, compounded annually. If you invest $10,000 today, how many years will it take for you
kati45 [8]

Answer:

The answer is 16 years.

Explanation:

The formula for calculating the value of an investment that is compounded annually is given by:

V(n)=(1+R)^nP

Where:

n is the number of years the investment is compounded,

R is the annual interest rate,

P is the principal investment.

We know the following:

25000=(1+0.06)^n \times 10000

And we want to clear the value <em>n</em> from the equation.

The problem can be resolved as follows.

<u>First step:</u> divide each member of the equation by 10,000:

\frac{ 25000}{10000}=(1+0.06)^n \times \frac{ 10000}{10000}

2.5=(1.06)^n

<u>Second step:</u> apply logarithms to both members of the equation:

log(2.5)=log (1.06)^n

<u>Third step:</u> apply the logarithmic property logA^n=n.logA in the second member of the equation:

log(2.5)=n.log (1.06)

Fourth step: divide both members of the equation by log1.06

\frac{log(2.50)}{log (1.06)} =n

n= 15.7252

We can round up the number and conclude that it will take 16 years for $10,000 invested today in bonds that pay 6% interest compounded annually, to grow to $25,000.

6 0
3 years ago
Intricate Computer Solutions provides services to corporate and individual customers. During the month of​ June, the corporate b
lisabon 2012 [21]

Answer:

Contribution Margin for each corporate customer= $ 67.5

Explanation:

Intricate Computer Solutions

                          <u><em>Corporate Business Segment   Individual Business Segment</em></u>

Revenue.                        $ 60, 000                                        $ 45,000

<u>Variable costs              $ 33, 000                                          $ 25,100​</u>

<u />

<u>Contribution Margin       $ 27,000                                              $ 20,000 </u>

Less

<u>Fixed costs                    $ 7, 500                                              $ 7, 500       </u>

<u>Operating Income         $19,500                                                $12,500</u>

Contribution Margin for each corporate customer=  Contribution Margin/ No Of Customers  =$ 27000/ 400= $ 67.5

3 0
3 years ago
Read 2 more answers
Which financial planning document should you use to measure your current financial​ condition?
fiasKO [112]

Answer:

Balance Sheet / Statement of Financial position is used to measure the current financial position of the company.

Explanation:

Balance Sheet / Statement of Financial position is used to measure the current financial position of the company. It shows the value of assets liabilities and capital invested in the company. It also provides the net financial value of the company after paying all the liabilities. On the other hand the Income statement or Statement of Financial performance shows the performance of the company in a specified period of time.

3 0
3 years ago
Ming Chen began a professional practice on June 1 and plans to prepare financial statements at the end of each month. During Jun
Leya [2.2K]

Answer:

The accounting equation holds as follows:

Asset = Liabilities + Equity = $80,000

Explanation:

Note: See the attached excel file for the analysis of the Effect of June Transactions on the Accounting Equation

From the last balances in the attached excel file, we have:

Assets = Cash + Receivable + Equipment = $41,000 + $8,000 + $31,000 = $80,000

Liabilities = Payable = $0

Equity = M. Chen, Capital - M. Chen, Withdrawals + Revenue - Expenses = $75,000 - $1,000 + $10,500 - $4,500 = $80,000

Liabilities + Equity = $0 + $80,000 = $80,000

Therefore, the accounting equation holds as follows:

Asset = Liabilities + Equity = $80,000

Download xlsx
4 0
3 years ago
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