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frozen [14]
3 years ago
15

Line workers at a Virginia steel mill developed a new process that made the line safer. It went through only one level of manage

ment before it was approved by the vice president of operations.
Business
1 answer:
Virty [35]3 years ago
5 0

Answer:

These are the options for the question:

- Self-directed work groups and virtual teams

- Flattened management hierarchies

- Changing communication technologies

This is the correct answer:

- Flattened management hierarchies

Explanation:

Fattlened management hierarchies in a a type of management in which the firm does not have many layers of management above operating workers. This is rationale is justified under the assumption that it allows workers to improve their productivity under a more streamlined process.

In this case, the line workers at the Virginia steel mill developed a new process that improved safety and productivity, and only had one layer of management above them to have it approved.

You might be interested in
The most recent financial statements for Assouad, Inc., are shown here: Income Statement Balance Sheet Sales $ 11,100 Current as
Pachacha [2.7K]

Answer:

EXTERNAL FINANCING NEEDED IS $383.736

Explanation:

For calculating the external financing , we first have to take out what the sales , cost , asset , liability will be when the sales of the company increases by 17%, so now we have to calculate all the values -

   SALES    = $11,100 X 1.17  ( multiplying by 17% because of increase in sale)

                  = $12,987  

   COST = $7900 X 1.17  (multiplying by 17%)

              = $9243

INCOME BEFORE TAX = SALES - COST

                                       = $12,987 - $9243

                                       = $3744

TAXES AT 24% ON TAXABLE INCOME OF $3744

             = .24 X $3744 =$ 898.56

Now subtracting this amount from taxable income

$3744 - $898.56 = $2,845.44

Next step would be of paying dividend payout ratio from it

40% of $2,845.44 = .40 x $2845.44

= $1138.176

RETAINED EARNINGS = Taxable income - Dividend payout

                                     = $2845.44 - $1138.176

                                     = $1707.264

NOW TOTAL ASSETS WOULD BE = $15,600(5400+10200) X 1.17

                                                         = $18,252

IT IS GIVEN IN THE QUESTION THAT COST, ASSET, LIABILITY(CURRENT) ARE ALL PROPORTIONAL TO SALES.

CURRENT LIABILITY = $3300 X 1.17

                                   = $3861

TOTAL COST = LONG TERM LIABILITY + CURRENT LIABILITY

                       =$4820 + $3861

                      = $8681

TOTAL EQUITY EQUAL = $7480 + $1707.264 (RETAINED EARNINGS)

                                        = $9187.264

EXTERNAL FINANCING = ASSET - LIABILITY - EQUITY

                         = $18,252 - $8681 - $9187.264

                         =    $383.736

4 0
3 years ago
Russell Co. reports sales revenue of $30,600 and interest revenue of $5,600. Its comparative balance sheet shows that accounts r
Goryan [66]

Answer:

Cash provided by operating activities $39,650

Explanation:

The computation of the cash provided by operating activities under the direct method is as follows:

Sales Revenue     $30,600

Decrease in Account Receivable $4,600

Interest Revenue $5,600

Increase in Interest Receivable - $1,150

Cash provided by operating activities $39,650

We simply applied the above sequence so that the correct value could come

And, the same is to be considered

6 0
3 years ago
Joanne is a member of a group that is developing a questionnaire as a group project in her sociology class. The leader of her gr
Scrat [10]

Answer:

Expressive leadership

Explanation:

The group leader is exhibiting expressive leadership style. Expressive leadership style is one of the most effective techniques which help to engage employees in a healthy informative discussion.  Effective leaders are also democratic leaders and that is why such are mostly successful in running a business and in leading employees.  Group harmony and communication are some priorities of expressive leaders. Moreover, such leaders make decisions by collaborating with every member of the team. Joanne must listen to those suggestions and try to implement them in her questionnaire.

7 0
3 years ago
Flannery​ Company, a manufacturer of small​ appliances, had the following​ activities, allocated​ costs, and allocation​ bases:
VashaNatasha [74]

Answer:

Cost per letter for the correspondence​ activity= $ 8.75

Explanation:

Flannery​ Company

Given

                                 Activities Allocated      Costs Allocation Base

Account inquiry​ (hours)$ 77, 000                      2,600 hours

Account billing​ (lines) $ 38, 000                         19,000 lines

Account verification​ (accounts) $ 20,000         30,000 accounts

Correspondence​ (letters) $ 14,000                    1, 600 letters

Activities                          Northeast Office        Midwest Office

Account inquiry​ (hours)          100 hours            200 hours

Account billing​ (lines)             10,000 lines          9,000 lines

Account verification​ (accounts) 1 ,000 accounts 650 accounts

Correspondence​ (letters)           50 letters               110 letters

Calculations

Cost per letter for the correspondence​ activity= Total Correspondence/ Total No of letters

Cost per letter for the correspondence​ activity= 14000/1600= 8.75

Cost per letter for the correspondence​ activity= $ 8.75

We divide the activity cost with the corresponding cost driver to get the cost per unit of activity.

4 0
3 years ago
Which is greater: 1 hour or 60 minutes?
musickatia [10]

Answer:

both r the same

Explanation:

Stay safe, stay healthy and blessed.

Thank you

5 0
2 years ago
Read 2 more answers
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