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Aleksandr [31]
2 years ago
7

The XYZ Corporation has a distinct division of labor, consistent rules, and a clear hierarchy. Managers maintain distance betwee

n themselves and subordinates, and promotions are awarded based on technical expertise. These are all hallmarks of
Business
1 answer:
Mamont248 [21]2 years ago
3 0

Answer:

A bureaucracy

Explanation:

Bureaucracy is an organisational structure that is aimed at maintaining uniformity and control in an organisation.

This is achieved through established processes and ways of interaction between staff.

Bureaucracy is characterised by multiple layers and complex processes that makes actions and decisions slow.

This is exemplified in the given scenario where XYZ Corporation has a distinct division of labor, consistent rules, and a clear hierarchy. Managers maintain distance between themselves and subordinates, and promotions are awarded based on technical expertise.

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an important aspect of any type of bankruptcy proceeding is the protection that the debtor has after filing for bankruptcy. the
Mariana [72]

Liquidation or the most frequent type of bankruptcy for individuals is straight bankruptcy. Your assets—anything you own with monetary value—are liquidated (sold) under the supervision of a court-appointed trustee in order to satisfy your debts.

<h3>How can bankruptcy be avoided?</h3>

preserving a positive cash flow, choosing a change in management, basing decisions on a business strategy, maintaining correct financial records, and maintaining excellent relations with creditors.

<h3>Which two primary categories of bankruptcy are there?</h3>

There are two distinct categories of bankruptcy cases out of these five types: 1) Straight/Liquidation, 2) Reorganization—the latter requires the designation of classes of claims and interests in the reorganization plan.

To know more about the Straight bankruptcy visit :-

brainly.com/question/29382813

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8 0
1 year ago
A report that accumulates the actual expenses that a manager is responsible for and their budgeted amounts is a: Multiple Choice
Ad libitum [116K]

Answer:

Responsibility accounting performance report.

Explanation:

Here, the responsibility accounting performance report is defined to be a budget that compares actual and budgeted amounts of controllable costs for a department and its manager. The responsibility accounting performance report collects all of the responsibility accounting budgets made for each department and summaries them in one large report.

It is designed to measure the performance of managers in terms of controllable costs.

Assigns responsibility for costs to the appropriate managerial level that controls those costs.

Should not hold a manager responsible for costs over which the manager has no influence.

Can be applied at any level of an organization.

7 0
3 years ago
Read 2 more answers
Linking executive pay to stock price can have the unintended result of rewarding: Multiple Choice ethical behaviour. unethical b
svetoff [14.1K]

Linking executive pay to stock price can have the unintended result of rewarding unethical behavior. option b is correct.

<h3>What are unethical behaviors?</h3>

This is a term that is used to refer to the set of behaviors that are carried out in the corporate setting which go against the norms of the organization.

Doing such a linking has a way of rewarding the unethical behavior of the people in the work place.

Raed more on unethical behavior here:

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3 0
2 years ago
Describe the five long-term benefits of maintaining integrity in small businesses
barxatty [35]

Answer:

A stronger reputation

Employee Satisfaction

Stronger Sales

Long Term Outlook

Treat Everyone the same

3 0
1 year ago
A company purchased $2,000 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $300 worth of merchandise. On
wlad13 [49]

Answer:

The correct journal entry to record the payment on July 12 is:

Debit Accounts Payable $1,700

Credit Merchandise $34

Credit Cash $1,666

Explanation:

Credit terms of 2/10, n/30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.

On July 5:

Debit Merchandise $2,000

Credit Accounts payable $2,000

On July 7:

Debit Accounts payable $300

Credit Merchandise $300

On July 12, the company pays and takes the appropriate discount:

2% x ($2,000 - $300) = $34

The company uses a perpetual inventory system, and records purchases using the gross method.

The journal entry to record the payment:

Debit Accounts Payable $1,700

Credit Merchandise $34

Credit Cash $1,666

8 0
3 years ago
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