All categories

3 years ago

4. People in the organisations carry out diverse tasks with the aim to achieve

Business

1 answer:

Umnica [9.8K]3 years ago

6 0

Answer:

(b) Common objectives

Explanation:

People and departments in an organization perform different functions, but all focus on achieving its objectives. An organization's top management sets the goals and targets for a particular period. It then identifies specific actions that need to be accomplished to achieve the set goals.

The identified actions are distributed to various departments for implementation. Each department will break down its activities into small tasks and assign them to individual workers. Every employee will be working to achieve their set objectives. If all workers achieve their targets, the departments will meet their objectives, and so is the organization's goals.

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Calculate PV of a 10-year annuity discounted at 6% interest rate; PV = $11,040.13.

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2 years ago

Classify each of the following in terms of their effect on interest rates (increase or decrease): I. Covenants on borrowing beco

kozerog [31]

Answer: I decreases; II decreases; III decreases

Explanation:

Debt Covenants becoming more restrictive means that less people want to borrow money. This shifts the demand curve to the left and this Decreases interest rates.

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3 years ago

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Answer:

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3 years ago

Rachel's Designs has 1,100 shares of 7%, $50 par value cumulative preferred stock issued at the beginning of 2019. All remaining

gladu [14]

Answer:

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Cumulative preferred stock dividends accrue and becomes payable when the reporting entity has favourable cash flows. Rachael Designs plans to make payment of $13,000 dividends in 2021. As the annual cumulative preferred dividend is $3,850 (1,100 shares x $50 x 7%), the amount due over three years will be $3,850 x 3 whcih is $11,550. Thus, out of the proposed cash outflow of $13,000, the amount of $11,550 will be paid to cumulative preferred stock holders while only $1,450 will be paid to the common stock holders.

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4 years ago

Compare a property rights system in which people are allowed to keep one-third of the monetary rewards of their labor with a sys

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latter, latter

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It also includes intellectual property such as inventions or ideas.

Such rights reduce destructive competition for control of economic resources. and replace this competition by peaceful means.

In a system where people are allowed to keep one-third of the monetary rewards of their labor with a system in which they keep two-thirds, we should expect more entrepreneurship under the latter system and faster real economic growth under the latter system.

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3 years ago