Answer:
a. is an institution that brings together buyers and sellers.
Explanation:
A market is an institution that brings together buyers and sellers to exchange goods and services.
A market doesnt always requires face-to-face contact between buyer and seller thanks to the internet.
I hope my answer helps you.
Answer:
The organization structure is not clearly defined, Managers are performing duties in various departments at a time.
Explanation:
San Consulting is one of the finest consulting firm in the Greater Accra Region. The firm is always a first choice for individuals who want to pursue their career in business. The Organizational structure of San Consulting is not clearly defined. San's profits are falling because management practices are not according to the other competitive organizations. The managers working at San are facing excess workload and pressure for their work. Their job descriptions is not clearly defined and they are forced to work in multiple departments at the same time due to which they are losing focus on their own work.
Questions 1: Planning, organizing, leading and controlling
Question 2: The organizational structure needs to be set and every employee should have their defined job role so they are able to complete work with efficiency.
Question 3: The profits of San consulting will rise as there will be less duplication of work and every employee will be able to focus on their own task and will work with efficiency.
Question 4: Matrix. The matrix organizational structure is not suited in this organization. The right organizational structure for San consulting will be Functional Structure.
Question 5: (i) The profits for San Consulting will decline
(ii) The profit will rise because employee will focus more on their specific tasks.
1B. Yes agree. The managers need to focus on the external environment as well to identify the opportunities and threats present which can stimulate changes for the organization.
Answer:
E
Explanation:
A tax is a compulsory sum levied by the government or its agents on goods and services
Tax credits are amount of monies that taxpayers can be subtract from the amount of tax owed. It reduces the amount of tax to be paid. It is not taxed
A municipal bond is a debt instrument issued by a state or municipality to finance its capital expenditures.
Municipal bonds are usually exempt from federal income tax. This makes these bonds attractive to individuals with a high income tax bracket
Income from dividends are taxed twice. Once at the firm level and the second time when the income is distributed to shareholders
Answer:
D) Agency costs involve costs that are incurred from managers pursuing their own interests at the expense of shareholder value and costs that are incurred by shareholders to make sure that managers pursue shareholder value.
Explanation:
Due to the fact that most public companies are not managed by owners but by managers, agency cost arises.
Agency cost arises when the manager pursues her own interest to the detriment of the owners.
In order to mitigate against agency costs , owners put certain mechanisms in place to limit these costs. Some of these mechanisms include increased monitoring and employment contracts
I hope my answer helps you
Answer:
Safety Stock is 336.62 units
Explanation:
As per given data
Demand = D = 50,000
Ordering Cost = S = $35
Holding Cost = H = $1 per unit per year
Weekly Demand = Demand / 50 weeks = 50,000 / 50 = 1,000 units per week
Weekly Demand during Lead time of 3 weeks = 1000 x 3 = 3,000 units
Standard Deviation = 216.51 units
Desired Service level = 94%
The Z score at 94% service level is 1.55477
Safety Stock = Zscore x standard deviation = 1.55477 x 216.51
Safety Stock = 336.62