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3 years ago

The

Business

1 answer:

zhenek [66]3 years ago

4 0

Answer: operating budget

Explanation:

In the given scenario in the question, we can deduce that the management is in the process of planning the operating budget of the company.

The operating budget simply refers to the money that's needed by the company for it to run efficiently. It is made up of the manufacturing costs, sales budget, selling expenses, and the administrative expenses.

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On January 1, Year 3, Boxwood, Inc. issues 1,000 shares of $1 par value common stock for $30 per share. Later that year, the com

Luba_88 [7]

Answer:

total paid-in capital = $110,000

Explanation:

When investors or shareholders pay a lump sum money to a company to get the stock of the that company, it is called paid-in capital.

Here, the par value = $1, therefore, additional capital per stock = $30 - $1 = $29

For preferred stock,

Par value = $10, and additional paid-in capital per stock = $(80 - 10) = $70.

See images to get the explanation:

7 0

3 years ago

Rather than have the top level of management make all the decisions, Jake's company gives all lower-level managers the authority

Natasha_Volkova [10]

Answer:

Decentralised organisation

Explanation:

Decentralised organisation are those in which most of the authority to perform tasks is given to.lower level management or even individual teams.

This results in a system where decisions are made faster.

Also a small amount of control is maintained for major decisions.

In the given instance Jake's company gives all lower-level managers the authority to make decisions for his or her department, this is a decentralised organisational system

6 0

3 years ago

As a manager of a retail-clothing store, Lance favors detailed job descriptions, formal rules and regulations, detailed records,

Yakvenalex [24]

Answer:

MAX WEBER

Explanation:

Legal domination, its purest type is bureaucratic domination, is based on the fact that any right can be created and modified by means of a statute sanctioned correctly in terms of form, that is, through this type of domination the ruling class uses legal bodies to achieve its goal of maintaining domain control.

In a position, his performance demands all the performance of the official; This means that whoever occupies the position must be efficient in their functions, therefore a high level of performance is expected from the leaders of the bureaucratic organization.

6 0

3 years ago

Procter & Gamble introduced its Duncan Hines ready-to-spread frosting in a small geographic area. When General Foods becam

Alona [7]

Answer: Commercialization

Explanation: The act in this case study illustrates commercialization which can be defined as the process of making new product available into the market with the motive of having strong financial gains. In this case study general foods was more aware than proctor and gamble thus they initiated the commercialization stage before them and developed the product for market before P and G.

8 0

3 years ago

For a particular flight from Dulles to SF, USAir uses wide-body jets with a capacity of 430 passengers. It costs the airline $4,

guajiro [1.7K]

Answer:

$370.69

Explanation:

Given the following :

Capacity (n) = 430

Cost incurred by airline per flight = $4000 + $60 per passengers

If ticket price = T ; (430 - 0.58T) are expected to book.

Determine the ticket price, T, that will maximize the airline's profit.

Profit = Revenue earned - cost incurred

Revenue earned = capacity * price = nT

Cost incurred = $4000 + $60n

Profit = nT - (4000 + 60n)

If ticket price = T ; (430 - 0.58T) are expected to book. Then n = (430 - 0.58T)

Profit = (430 - 0.58T)T - ($4000 + 60(430 - 0.58T))

Profit = 430T - 0.58T^2 - ($4000 + 25800 - 34.8)

Profit = 430T - 0.58T^2 - 4000 - 25800 + 34.8

Profit (P) = - 0.58T^2 + 430T −29834.8

Taking the first derivative of P

P' = 2(-0.58T) + 430

P' = - 1.16T + 430

Hence solve for price (T) when P' = 0

0 = - 1.16T + 430

1.16T = 430

T = 430 / 1.16

T = 370.68965

Price = $370.69

6 0

3 years ago