Answer:
The correct answer is b) organizing.
Explanation:
The organization of a company (business organization) is an administrative function that includes the organization, structuring and integration of the organic units and the resources (material, financial, human and technological) of a company, as well as the establishment of its attributions and relations between these.
The organization is the second administrative function after planning and before management and control. This allows for a better allocation and more efficient use of the company's resources necessary to carry out the activities and tasks necessary in turn to develop and apply the strategies and achieve the objectives established in the planning; but it also allows a better coordination between the different organic units of the company, and a better control of the personnel's performance as well as the results.
Answer:
Union Apparel's sales for the month is $520,000
Explanation:
For computing the monthly sales excluding taxes, the calculation is shown below:
= Sales including sales taxes × Sales ÷ sales with sales tax
where,
1 is the sales value
And, sales value with tax equals to
= 1 + 6 % = 1 + 0.06 = 1.06
Now, put these values to the above formula
So, the value would be equal to
= $552,000 ×1 ÷ 1.06
= $520,000
Hence, Union Apparel's sales for the month is $520,000
Answer:
The correct answer is letter "A": Accrual-basis revenues exceed cash collections from customers.
Explanation:
Revenue collected in advance are profits collected usually at the beginning of a contractual agreement that implies obligations from the firm for a certain time. For instance, insurance companies charging a one-time payment for an annual policy fall into this category.
The accrual basis of accounting states that profits are reported on the income statement as they are earned. In that case, if the revenue collected in advance decreases, the accrual-basis revenues will be higher than the cash collections from customers under the advanced payment method.
Answer:
B) the existence of only two candidates
Explanation:
Thee median voter theorem only considers voting choices along a single dimension, e.g. yes/no, candidate A/candidate B. This theory is based on the premise that median voters are those whose voting peak is at the median and voting equilibrium can be achieved when one majority wins against another alternative.
Theoretically, all that the government must do is find a voter whose preferences for public policies are in the middle of the normal distribution of voting preferences and carry out the policies preferred by that voter.
But when the alternatives are more than yes/no, then the preferences will not be normally distributed.
Answer:
Lead time needed is approximately 1 day
Explanation:
In this question, we are asked to calculate the maximum number of lead days needed by a manufacturer to give a supplier
We proceed as follows;
They want to be able to fully supply the customer at least 50 out of the 52 weeks.
Mathematically; service probability = 50/52 = 0.96 or 96%
At 96% service level value of Z = 1.75
Standard deviation of daily demand (σd) = 50 units
Safety stock = 100 units
Suppose lead time = L
Safety stock = Z × σ d × √L
100 = 1.75 × 50 × √L
=100 = 87.5 × √L
√L = 100/87.5
√L = 1.142857142
L = 1.142857142^2
L = 1.306122448
