The situation discussed here of marketing & sales division describes the role of a Leader in core functional organizational structure.
<h3>What is Functional Organizational Structure?</h3>
A typical sort of business structure is a functional organizational structure, which divides a corporation into various departments according to areas of competence and groups personnel according to specialization, skill, or related functions.
The sales team consist of personnel who are basically from marketing & sales backgrounds. Further motion study helps to improve the present scenario of eliminating the wastefulness of time with help of Team leader.
Thus regular meeting in a week by a leader can help in effective management of functional organizational structure.
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Answer:
Margin of safety= $4,257
Explanation:
Giving the following information:
The breakeven point in units is 3,400, and the expected sales in units are 4,500.
First, we need to determine the dollar amount of sales:
Break-even point= 3,400*3.87= $13,158
Current sales= 4,500*3.87= $17,415
Margin of safety= (current sales level - break-even point)
Margin of safety= 17,415 - 13,158= $4,257
Answer:
B. Cyclical.
Explanation:
Cyclical unemployment is the type of unemployment caused by changes in economic conditions. As GDP moves in one direction, cyclical unemployment moves in the opposite direction. Cyclical unemployment arises due to the fact the business or the economy operates cycles.
In times of a recession, the economy slows down; the GDP values are low, resulting in low demand. Due to the downturn, the rate of unemployment will be high; cyclical unemployment will be highest. When the economy is booming, the rate of unemployment decreases as industries are creating employment opportunities. At this session, cyclical unemployment will be the lowest.
Answer:
The answer is -$5
Explanation:
A put option gives its owner/holder the right but not the obligation to sell. The holder of a put option is expecting the price of the underlying asset(stock) to drop.
The formula is:
Profit = max(0, X - St) - P
where X is the strike or exercise price
St is the market value or the spot price of the underlying asset
P is the premium
max(0, $110 - $100) - $15
10 - $15
-$5
Answer:
they are debited to a Work in Process account
Explanation:
The journal entry to record the assignment of manufacturing overhead costs to production in a process cost system is done as follows:
Work - In Process (debit)
Overheads (credit)