Answer: Amy is <em>concerned </em>with her organization's i<em>nability to solve problems</em> quickly. Several <u>subordinates have complained</u> to her that they feel alienated from the management <u>making the decisions</u> about their jobs with<u> no input </u>from them.
The element that Amy should address is the Chain of command.
Explanation:
A chain of command is a system for sending inside information of organizations with strong, vertical and authoritative structures.
The continuous flow of the chain of command clearly establishes the authority, revealing this depending on who reports to whom.
We must take into account the Authority and the Unit of command. This last is very important because it states that each supervisor must inform only one superior and like this the company preserves the continuous line of authority so all employees are heard and their ideas are taken into consideration for making decisions.
Answer:
a) Financial Statements
b) Limited Liability
Explanation:
a) The reporting of financial conditions at the corporation so that it can be evaluated, is the aim of preparing <em>financial statements. </em>Financial statements<em> </em>are periodic reports prepared monthly or annually to show the financial health of a company. They are made up of the statement of profit or loss, statement of financial position, cash flow statements and statement of changes in equity.
b) Legal protections for shareholders so that they are not taken advantage of is the purpose of limiting the liability of shareholders. Limited liability relates to a shareholder's financial liability being limited to a fixed amount not exceeding his investment in the company or partnership. Nevertheless every shareholders is liable for his own actions personally.
An entrepreneur is a person who starts a business and is willing to risk loss in order to make money” or “one who organizes, manages, and assumes the risks of a business or enterprise.”
The firm’s marginal cost of production when the firm is producing 50 units of output is 33.33
Solution:
The production function is Q = 
The initial value is 10 units. The production value is 50 units The manufacturing cycle needs work as stated below.
Q = 
Q = 
L =
The wage rate is $15 . The following is the expense of the manufacturing process.
TC = 
TC = ![( 15 * (\frac{Q}{3.162} )^{2} ) + [ P_{k * 10}]](https://tex.z-dn.net/?f=%28%2015%20%2A%20%28%5Cfrac%7BQ%7D%7B3.162%7D%20%29%5E%7B2%7D%20%29%20%2B%20%5B%20P_%7Bk%20%2A%2010%7D%5D)
The marginal production cost is really the increase in manufacturing costs as output increases by 1 point.
As listed below, the marginal cost:
TC = ![( 15 * (\frac{Q}{3.162} )^{2} ) + [ P_{k * 10}]](https://tex.z-dn.net/?f=%28%2015%20%2A%20%28%5Cfrac%7BQ%7D%7B3.162%7D%20%29%5E%7B2%7D%20%29%20%2B%20%5B%20P_%7Bk%20%2A%2010%7D%5D)
MC =
= 
MC =
= 33.33