The functional level of an organization is made up of departments, which provide specific and focused strategic direction for the company to achieve its objectives and goals set out in the planning.
<h3 /><h3>Functional level</h3>
It provides support for the strategy developed in the organization, with the general objective of generating greater competitiveness for the company, effectively maintaining the corporate performance of each integrated system.
Therefore, functional departments exist in a company so that each sector has the necessary focus on resources, units and people in order to generate greater compliance with the organizational strategy and objectives.
The correct answer is:
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Knowledge , pride and wisdom
In the given scenario, Rembrandt Cosmetics accomplished its substitution primarily through strategic planning of equivalence.
<h3>What is strategic planning?</h3>
When the differences between two different strategic plans are identical, with other things being constant, such a situation is called as a strategic planning of equivalence.
Hence, strategic planning holds true regarding the given situation.
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With respect to binding Frakking Mining to contracts, Emery is: B. an agent and has the authority.
<h3>What is contract?</h3>
A contract can be defined as an agreement between two or more parties in which the parties involve tend to agreed to the terms and condition of the contract.
Hence, if Emery serves in a representative capacity for Frakking's Mining Corporation owners with regards to binding Frakking Mining to contracts, Emery is will be an agent and tend to have the authority.
Therefore the correct option is B.
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Answer:
3.6
Explanation:
The receivables turnover for the year is calculated as;
= Net sales(credit sales) ÷ Average accounts receivables
Average account receivables
= ($200,000 + $220,000) ÷ 2
= $210,000
Therefore, Receivables turnover
= $750,000 ÷ $210,000
= 3.6