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tangare [24]
2 years ago
13

The concept "bureaucracy" refers to

Business
1 answer:
Vera_Pavlovna [14]2 years ago
6 0

Answer:

d. An organizational model rationally designed to perform task efficiently.

Explanation:

Bureaucacy is an organization plan that performs daily activities like division of labour, has standardize processes and responsibilities. In bureaucracy, there is relationship between employees, hierarchies and duties are clearly spelt.

An example of bureaucracy is car production department. The department involves so many processes, division of labour and interpersonal relationships among employees.

Thus, bureaucracy tends to perform tasks efficiently due to a number of inputs required to complete the process.

You might be interested in
You have the following information
stira [4]

Answer:

$50

Explanation:

Net income will be the difference between the selling price and the Cost price.

Cost price is $1000

net profit margin is 5%, selling price will be

=$1000 + profit margin

= $1000 + (5/100 x 1000)

=$1000 + $50

=$1050

Net income = $1050 -$50

=$50

3 0
2 years ago
Even though many bonds have deferred sinking funds, the sinking fund has the following effects on bondholders: I) provides extra
Vladimir [108]

Answer: I) provides extra protection to bondholders as both an early warning system and perhaps some collateral cash

II) ) provides an option to the firm to buy bonds at the lower of market or face value.

Explanation:

A sinking fund is typically an amount of money that is being set aside by a company in order to either pay a bind or pay off a particular debt that the company has incurred.

The effect of the sinking bond on bondholders is that it provides extra protection to bondholders as both an early warning system and perhaps some collateral cash and tabt is also provides an option to the firm to buy bonds at the lower of market or face value.

Therefore, option I and II are correct.

3 0
2 years ago
If ten years ago the price of a movie ticket was $5 and the average hourly wage was $10, and today the price of a movie ticket i
adelina 88 [10]

Answer:

It means movies are relatively cheaper than working hours

Explanation:

In order to estimate the relativity of the two activities, there is a need to compare the changes over ten years

1. 10 years ago, Movie ticket= $5, 10 Years later Movie ticket= $8, the 10 year difference is $3

2. 10 years ago, average hourly wage = $10, 10 years later, average hourly wage = $20, the 10 year difference is $10

First, it means for the $3 change in movie ticket cost, there was a $10 change in the average hourly wage.

Put differently, while movie ticket got a 60% increase in price 3/5 x 100=60%

Average hourly wage got 100% increase  10/10 x 100= 100%

It means that working hours got more expensive and movie tickets got cheaper

8 0
3 years ago
Seth borrows X from Tina and agrees to pay it back over 20 years using the sinking fund method. At the end of each year, Seth wi
guapka [62]

Answer:

The outstanding balance immediately after 12 years is $5,071.34.

Explanation:

Amount available in sinking fund account at the end of 12 years is given by:

( S ) = D*( (1+r)12 - 1 )/r

Where :

D = annual deposit at the end of every year = $ 400

r = interest earned on the depost = 3%

then:

S = 400 * ( ( (1+3%)12 - 1 ) / 3%)

   = $ 5,676.81

it is also mentioned that the sinking fund amount balance at the end of 20 years should be equal to repay the principal amount borrowed

so, sinking Fund at the end of 20 years would be :

T = D * ( (1+r)20 - 1 ) / r

   = 400 * ( ( (1+3%)20 - 1 ) / 3%)

  = $ 10,748.15

So, Seth has borrowed $ 10,748.15 from Tina which has to be paid at the end of 20 years.

At the end of 12 years his sinking fund balance would be equal to $ 5,676.81

As, he keeps paying interest regualarly every year at the end of 12 years the outstanding balance would be

= (Total amount borrowed) - (Sinking Fund at the end of 12 years)

= $ 10,748.15 - $ 5,676.81

= $ 5,071.34

Therefore, The outstanding balance immediately after 12 years is $5,071.34.

3 0
3 years ago
All of the following statements are true regarding earnings per common share (EPS) except:
SVEN [57.7K]

Answer:

d) EPS cannot be calculated if a company has no preferred stock.

Explanation:

The above statement is untrue about E.P.S because the reason why 'Preferred dividend' (which is dividend on preference shares)  is subtracted from Net Income, before being divided by the 'Average Number of Common Shares Outstanding' is for comparability.

Since the denominator is based on 'common shares' or 'ordinary shares', it makes sense not to include the part of income that has fallen to preferred shares.

As a matter of fact there are a lot of companies that do not have preferred stock and still report Earnings Per Share on their financial statements.

Finally, still on comparability; E.P.S helps to compare the performance of big companies that have preferred stock with small companies that do not have. Hence EPS can be calculated even when there is no preferred stock.

8 0
2 years ago
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