Answer: Augmenting his income.
Explanation: Extra work means having an official fixed job and, in addition, after working hours, or in your free time (such as weekends), you dedicate yourself to other activities that can also generate income. Unlike what some people think, extra work does not need to be something completely different from what you usually do. Of course you can choose to formalize your hobby and earn money with it, but these tasks can also happen in other conventional work.
Answer:
Job description
Explanation:
A job description is defined as a written document that enumerates the duties that is expected from someone occupying a particular position.
Job description gives an employee a guide on how to effectively meet up with performance requirements in a position, since all key performance activities are enumerated.
Skills needed to succeed on the job can also be communicated in the job description.
In this scenario where Sylvia is referring to a statement of all the things a worker actually does and how he or she does them, is essential in helping workers understand what their job entails and how they can have the most impact on their performance. She is describing a job description.
Answer:
a. Cash freed up by cash management:
= Amount received * speed increased by + Amount disbursed by speed reduced by
= 2,550,000 * 2 days + 1,110,000 * 1/2 days
= 5,100,000 + 555,000
= $5,655,000
b. Interest on freed up cash:
= 5,655,000 * 7%
= $395,850
c.<u> No.</u> It is less than the income earned from interest from freed up cash so it should not be implemented as it brings no additional benefit.
Part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.
<h3>
What is the B2B partnership?</h3>
- A B2B partnership is a collaboration between two or more businesses with the aim of creating a win-win situation that will sustain growth and provide substantial value to all parties.
- This might take the form of opportunities for product development, marketing, or general corporate growth.
<h3>
What is the reseller market?</h3>
- The market is made up of wholesalers and merchants that purchase goods to resell.
- A reseller purchases goods with the intention of reselling them for a profit later.
- Since resellers buy products and services in bulk from suppliers, they frequently get deals.
- Then, through the process of resale, resellers establish a connection between producers and customers, delivering goods and services to customers.
- These include supermarkets, department stores, and specialist shops like those that provide pet supplies or home improvement products.
Therefore, part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.
Know more about wholesalers here:
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Answer:
The phrase indicating the advantage of matrix organizational structure is "makes it possible to focus on the coordination and integration between units".
The matrix structure is the structure in an organization in which relationships are not set up as hierarchy as traditional but in the form of a grid, which means that each employee would have dual responsibility as a functional and product development. Thanks for this structure, it could be possible for the company to integrate the objectives of the whole business with each functional department's objectives and within the internal system.
