Answer:
Flatter structures are appropriate for organizations that empower employees to solve customer problems.
Explanation:
These are the options for the question below;
✓A taller structure will improve the speed at which decisions are implemented.
✓Flatter structures are appropriate for organizations that empower employees to solve customer problems.
✓With a tall structure, supervisors can avoid hearing about customer complaints.
✓A flatter structure will further centralize decision making.
From the question, we are informed about an instance, where The owner of the business where i work has asked for your advice on restructuring the organization. Since I know that customer service is the cornerstone of the company. In this case I will recommend Flatter structures which is the best structure for organization that give empowerment to their employees in order to be able to solve problems associated with customers.
Flatter structure in an organization can be regarded as a structure that posses limited level of management or no level existing between the staff employee and the management of the organization. Flatter structure gives little supervision to the employees though it brings in their involvement when it comes to decision making
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Answer:
The correct answers are:
1) "B": a common resource.
2) "A": excludable and rival.
Explanation:
1) A common resource is one that provides tangible benefits. This is the type of resource that can be used by several people at the same time without excluding the availability for its use to others. If they are not owned by anyone they take the name of open-access resources.
2) A good is excludable and rival if someone can prevent the use of it and when its use necessarily implies others not using it. Under this category fall all private resources since their ownership belongs to a certain number of people only if not only one.
Answer:
Price will not change
Explanation:
A perfectly competitive market is a market where there are many firms that produce and sell similar products, no barriers to entry and exist, all firms are price takers and none of the firms is big enough or has the power to influence the market or change the price in the market.
The implication is that a firm can decide to increase its output to any level in perfectly competitive market market, but this increased out can only be sold at the market price which it has no power to change.
Therefore, if Glass Inc. Glass Inc. increases production to 120 window panes from 80, the price will still remain at $60, every other thing remain constant.
I wish you the best.
Answer:
Amount borrowed = $69,418.30
Explanation:
<em>The amount borrowed by Texas Foods would be the present value of the $139,000 payable at the the ed of year 12 with a discount rate of 5.8% computed monthly</em>
PV = A× (1+ r/m)^(-m×n)
P= Amount borrowed-?
A= Lump sum payment- 139,000
r- interest rate- 5,8%
m- number of times compounding is done- 12
r/m= 5.8%/12=0.483%
PV - 139,000 × (1+0.004833)^(-12×
12)=69,418.30
Amount borrowed = $69,418.30
Answer: The three functions of money are:
- serving as a medium of exchange
- unit of account
- and store of value.
Explanation:
- serving as a medium of exchange: because money is generally accepted and and guaranteed by the governemet is used to buy goods and services.
- unit of account: the value of goods and services are measured in money that we usually call price.
- store of value: when you sell something and don't use the money you are saving, so you maintain the value to use it later.
