Answer:
(C) Organizational Breakdown structure, Work Breakdown structure, Control Account Plans, and Points of Management control.
Explanation:
Under Earned value management in projects the mutli functional control account plans should have a Work break down structure which helps to provide on time deliveries and also a necessary Organizational break down structure to identify the respective persons who was assigned with particular resposibilities to provide smooth functioning of the business and both these sturctures maintain control account plans and all of these shall be subject to management control through a Points of management control.
Answer:
Procedural Group Norm.
Explanation:
The group norms are a set of guidelines that enables the group work according to them. These norms enables a group to work in a systemmaized manner and order.
The procedural group norms are those groups that follows the procedure of functioning. The procedural norms suggests that how a task will be carried out and what to do the next. This group consists of several procedural roles such as facilitator, recorder, etc.
The stated type of group exemplifies the 'procedural group norms.' As the guidelines are set for the group to first complete their individual tasks and then help other's who have not done their tasks.
So, the correct answer is the second option.
Answer:
autocratic
Explanation:
Autocratic decision-making style is one in which single person takes the whole decision and impresses it upon other. This single person analyses the conditions, plan the solution and then gets it implemented in the organization. No other person is involved in this decision-making process.
While this decision making is fast and faces less impediments, such decision solely depends on the wisdom and expertise of one person. It lacks the collective the intelligence which is brought upon when group works in making the decision.
Since in the problem stated above Percy has built this company and is solely involved in decision making by imposing her decision on others, This is trait of autocratic decision making style
Answer:
Quick ratio = 1.33, NWC to Total assets = 0.15
<u>Explanation:</u>
Given:
Current assets = $30000
Total assets = $100,000
Inventories = $10,000
Cash = $5000
Total liabilities = $30,000
Current liabilities = $15000
Notes payable = $2000
To calculate firm’s quick asset and NWC-to-Total-Assets ratios, formulas need to be applied:
Quick ratio = (Current assets-inventory)/Current liabilities
= (30000-10000)/15000
= 1.33(Approx)
NWC to total assets = Net working capital/Total assets
NWC=Current Assets-Current liabilities
= (30000-15000) = $15000
Hence NWC to Total assets = (15000/100,000)
= 0.15