In today's decentralized business world, TOP MANAGERS are the most important strategic decision makers. Decentralization means distribution of decision making power through the hierarchy of an organization. Decentralization has increases in today's business world as it provides a dynamic environment to work.
Though, in decentralization power is also in hands of lower managers, middle managers, etc the top level managers still hold the rights to make decisions.
It is true that because of the substitution problem, the CPI tends to overstate the true change in the price of the typical basket of consumer goods.
<h3>What is CPI?</h3>
- A consumer price index measures a market basket of goods and services that households have purchased at a weighted average price.
- The measured CPI fluctuates to reflect changes in prices over time.
- One of the most popular methods for determining inflation and deflation is the CPI.
- An essential gauge of an economy's health is inflation. The CPI and other indexes are used by governments and central banks when making economic decisions.
- The decision to raise or cut interest rates is crucial among these.
- If the CPI increases, it indicates that the average rate of change in price over time has increased. The cost of living and income are eventually changed as a result of this.
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Answer:
Corporate cultures can hinder individuals in making the "right" decisions.-c.
Answer:
$18,290
Explanation:
The computation of the cost of goods sold is given below;
The profit after tax is
= Retained earnings + dividend
= $411 + $285
= $696
The profit before tax = $696 ÷ (1 - Tax rate)
= $696 ÷ (1 - 0.35)
= $1,071
Now
Sales = $24,646
Let us assume the Cost of goods sold be X
admin expenses = $4,370
Depreciation = $812
Interest = $103
Profit before tax = $1.071
Cost of goods sold (X) = $24,646 - $4,370 - $812 - $103 - $1,071
= $18,290
