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3 years ago

As a company grows, it may become necessary for it to create an ______

Business

1 answer:

viva [34]3 years ago

4 0

Answer:

As a company grows, it may become necessary for it to create an Organizational chart which is a visual display of the organizational structure which contains lines of authority (chain of command), staff relationships, permanent committee arrangements, and lines of communication.

Explanation:

The organization chart is a chart indicating the connection of one department graphically to another, or others, of an organization. It is additionally used to show the relationship of one office to another, or others, or of one capacity of an association to another, or others.

Using the organization chart continuously, show the "structure of a business", government, or other association. Organization diagrams have an assortment of employments and can be organized from multiple points of view.

You might be interested in

how does being mindful of your strengths, skills, weaknesses, and potential challenges or obstacles impact your personal, academ

aalyn [17]

Explanation:

It’s not unusual for people to compare themselves with others around them, and to feel superior or inferior towards them based on their strengths and their weaknesses.

The thing is, every individual is different and we all function differently based on our personalities. It is important to know yourself and your capacities.

Your strengths are things you can leverage on, things you can use to push yourself further.

On the other hand, your weaknesses are not your downfall. These are areas you need to improve on. It is not something you lack. It is something you need to develop and build.

In order to leverage your strengths and improve on your weaknesses, you first need to know them.

4 0

3 years ago

When the local grocery store puts cereal on sale, reducing its price from $4.40 per item to $3.40 per item, the quantity sold in

Butoxors [25]

Answer:

1. Price elasticity of demand

2 & 3. 4.55%

4 & 5. 22.73%

6. 0.2

8. 15.79%

9. 0.56

Explanation:

Given that,

Initial quantity demanded = 220

New quantity demanded = 230

Initial price = $4.40

New price = $3.40

1. This illustrates the price elasticity of demand. Price elasticity of demand is defined as the responsiveness of quantity demanded to any change in the price of the commodity.

2 & 3. Percentage change in quantity demanded:

= [(New quantity demanded - Initial quantity demanded) ÷ Initial quantity demanded] × 100

= [(230 - 220) ÷ 220] × 100

= 0.04545 × 100

= 4.55%

4 & 5. Percentage change in price:

= [(New price - Initial price) ÷ Initial price] × 100

= [($3.40 - $4.40) ÷ $4.40] × 100

= 0.2273 × 100

= 22.73%

6. Price elasticity of demand for cereal:

= Percentage change in quantity demanded ÷ Percentage change in price

= 4.55 ÷ 22.73

= 0.2

7. The price elasticity of demand is comes out to be 0.2 which is less than 1, indicates that quantity demanded is less responsive to changes in the price level.

8 & 9. Given that,

Initial quantity demanded = 210

New quantity demanded = 230

Initial price = $4.10

New price = $3.50

Using the mid point method,

Average price:

= (Initial price + New price ) ÷ 2

= ($4.10 + $3.50 ) ÷ 2

= $3.8

Percentage change in price:

= (New price - Initial price) ÷ Average price

= ($3.50 - $4.10) ÷ $3.8

= 0.1579 or 15.79%

Average quantity demanded:

= (Initial quantity demanded + New quantity demanded ) ÷ 2

= (210 + 230) ÷ 2

= 220

Percentage change in quantity demanded:

= (New quantity demanded - Initial quantity demanded) ÷ Average quantity demanded

= (230 - 210) ÷ 220

= 0.0909 or 9.09%

Price elasticity of demand:

= Percentage change in quantity demanded ÷ Percentage change in price

= 9.09 ÷ 15.79

= 0.56

7 0

3 years ago

Korey's comic book store has been up and running for 4 years. Korey feels that his store has been successful and is considering

saveliy_v [14]

Had to look for the rest of the details and here is my answer.

Based on the given table of data attached to this question, the best estimate for Korey to quote as expected profits in the next year for his business plan next year would be $19,386.97. Here is the given information of his net year profits.
Year
Net Profits
1: $14,250.00
2 : $15,390.00
3 : $16,621.20
4 : $17,950.90
5 : ?

Hope this answer helps.

4 0

3 years ago

Read 2 more answers

If a salesperson persuades a customer to purchase a higher-priced item than the customer initially intended, the salesperson has

Ray Of Light [21]

The correct answer would be option C, Traded up.

If a salesperson persuades a customers to purchase a higher priced item than the customer initially intended, the salesperson has Traded up the customer.

Explanation:

Salespersons usually help customers in buying the products of their needs and desires. Success of a salesperson depends upon how beautifully he grabs the customer and closes a sale.

When a salesperson trades something to a customer which is more expensive than the product which customer was previously intended to buy, it means that the salesperson has traded up the customer.

For example, if a salesperson persuades a customer to buy an automobile worth $20,000 rather than an automobile of worth $10000, it means, the salesperson has traded up the customer.

Learn more about Selling Strategies at:

brainly.com/question/12607810

#LearnWithBrainly

3 0

3 years ago

A good rule of thumb is to spend no more than __% of your monthly gross income on rent. 20 25 30 40

Alexxandr [17]

45% of your monthly come on rent

7 0

3 years ago