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bekas [8.4K]
3 years ago
13

As the head of the engineering department for her company, Jody works with her team on complex and challenging projects. The lev

el of detail in this work requires Jody to spend a significant amount of time with each team member, providing advice and support. Due to the complexity and time involvement of each project, Jody has a(n) ________ span of control.
Business
1 answer:
vagabundo [1.1K]3 years ago
3 0

Answer:

Wide

Explanation:

Basically there are two spans of control namely; wide and narrow. A wide span of control is one in which a manager or supervisor interacts with many team members. In other words, the levels of hierarchy involved where there is a wide span of control is few. As such, this structure entails that a large number of the team members report directly to the manager.

The narrow span of control is one in which the manager supervises or interacts with a few team members. In other words, there is some level of hierarchy involved such that the managers direct subordinates are few and have subordinates who report to them.

To state it in another way, the wider the span of control, the fewer level of report or levels of hierarchy and the narrower the span of control, the higher the levels of hierarchy required.

In light of the explanation above, it can be deduced that Jody has a wide span of control over her team.

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Compared to the perfectly competitive firm, the monopolist faces a demand curve that is ___________________ elastic because ther
poizon [28]

fewer; less

Compared to the perfectly competitive firm, the monopolist faces a demand curve that is less elastic because there are fewer substitutes for the product produced by the monopolist.

<h3>What is the demand curve faced by a perfectly competitive firm and a monopolistic?</h3>

A firm's demand curve is perfectly elastic under perfect competition because it can sell any quantity of commodities at the going rate. Therefore, even a slight price rise will result in no demand. This suggests that the company has no influence over price. Large businesses, on the other hand, that are subject to monopolistic competition, deal with differentiated products based on brand. As a result, the demand curve has a decreasing slope and enjoys monopoly power. Only by lowering the price of the product and selling close substitutes will it be able to sell more goods. As a result, under perfect competition, the demand curve facing a firm is perfectly elastic, while under monopolistic competition, it is less elastic.

Learn more about demand curve here:

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5 0
2 years ago
(a) At a product price of $67.00 (b) At a product price of $42.00 (c) At a product price of $33.00 Will this firm produce in the
Nimfa-mama [501]

a) Yes, $67 exceeds the loss—minimizing output.

Using the MR

They will produce 9 units.

Profits per unit = $67 - $50 = $17

Total profit = $153.

(b) Yes, $42 exceeds the loss—minimizing output.

Using the MR

They will produce 6 units

Loss per unit is = $42 - $47.50 = $5.50

Total loss = $33 (= 6 x $5.50), which is less than the total fixed cost of $60.

c) No, because $33 is less than AVC. If it did produce, the quantity will be 4—By producing 4 units, it would lose $78 [= 4 ($33 - $52.50)]. and if they didn't produce, it would lose only the total fixed cost of $60.

3 0
3 years ago
Weightman Corporation's net operating income in Year 2 was $76,385, net income before taxes was $55,385, and the net income was
muminat

Answer:

11.00

Explanation:

Earnings \: per \: share = \frac{net \: income}{shares}

36,000 net income

200,000 common stock / $4 per share= 50,000 shares

36,000 / 50,000 = 0.72 earnings per share

price-earnings \: ratio = \frac{market\: price}{EPS}

7.92 / 0.72 = 11

5 0
3 years ago
Which of the following best describes the Carolingian Renaissance? Select one: a. a new and speculative philosophy regarding the
Juli2301 [7.4K]

Answer:

The Correct Option is D: a standardization of education, language, texts, and Church liturgy

Explanation:

The Carolingian Renaissance was a time in the Middle Ages that had a significant impact on Arts, language, Church lithurgy, and education. It also revived scholarships. Before this time, education was reserved for a small group of people, but the Carolingian Renaissance saw a change in education and made it to become more standardized and attainable.  

5 0
3 years ago
Quanti Co., a calendar year taxpayer, purchased small tools for $5,000 on December 21, 2016, representing the company's only pur
iris [78.8K]

Answer:

1 and a half months worth of depreciation

Explanation:

The advantage of starting to depreciate an asset purchased on December is that next year you will be able to depreciate it for a full year under MACRS.  Generally, when you purchase an asset, you have to use the half year convention and your depreciation expense for the first year will be low compared to the second year. But if you start depreciating your asset in the current year, even if you purchased it on December and the depreciation expense is not that significant, the next year you will be able to depreciate it at the second year rate.

7 0
4 years ago
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