Answer:
Chain of command means flow of authority from bottom to top.
Explanation:
Chain of command means a sequence of authority of a company . Chain of command is very important to a company as it tells the hierarchy of reporting relationship . Chain of command helps the person in knowing that who will report to whom , from whom he can receive order or to whom he can give order . It also helps in knowing that who is accountable to whom .
It also improves decision . It helps in avoiding confusion or chaos as people know that from whom they receive order or to whom they can give order.
It also improves communication problem in the firm .
Answer:
the total common fixed expense is $770,000
Explanation:
The computation of the total common fixed expense is shown below:
= Total company divisional segment margin - net operating income last year
= $1,330,000 - $560,000
= $770,000
Hence, the total common fixed expense is $770,000
We simply applied the above formula
Answer:
43.1%
Explanation:
Working out the interest rate given the Present Value, a Future Value and how many Periods.
The applicable formula is r = ( FV / PV )1/n - 1
Where r= interest rate
FV = future value... 30 m
Pv= present value... 5 m
n= number of periods.. 5
R = ( 30,000,000/ 5,000,000)1/5 -1
R=(6)0.2 -1
R=1.430969-1
R=0.430969
As a percentage , R=0.430969 x 100
=43.096
=43.1%
Had to look for the options and here is my answer. Given that a U.S firm establishes a factory in China, the Chinese workers utilizes materials that are being provided by Chinese companies and provides aid with the entire operation. Therefore, this firm would most likely try to decrease or remove LONG-RUN EXPOSURE TO EXCHANGE RISK.
