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Monica [59]
3 years ago
9

all three level of professionals are required to run an organization or a business is smoothly classified as a statement ​

Business
1 answer:
spayn [35]3 years ago
7 0

All three levels of professionals are required to run an organization or a business smoothly. Justify this statement.

Answer:

It is TRUE that All three levels of professionals are required to run an organization or a business smoothly.

The three levels of professional required are:

Top-level management

Middle-level management

Low-level management

Explanation:

Top-Level Management

Top-level managers or professionals are the people that involve in taking an extensive means of actions or decisions for the firm or business as a whole and focus on the long-term success of the business or company. They take up roles such as Chief Operations Officer (COO), ), Chief Financial Officer (CFO), Chief Executive Officer (CEO), etc.

Middle-Level Management

Middle managers or professionals are an essential part of an organization and they are involved in the intermediate management operation whose responsibility involved supervising the lower-level managers to meet the company's goals. For example, they are General managers, branch managers, department managers, etc.

Low-Level Management

Low-level managers or professionals are a core part of organizations, they ensure there is a practical technique and creativity with strong interpersonal skills to maximize particular operational processes to achieve organizational success. For example, they are Office Manager, Shift Supervisor, Store Manager, etc.

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Recently, much of the Western United States experienced drought conditions and water usage was restricted in Denver. Yet, even t
koban [17]

Answer: Price inelastic

Explanation:

The residents of Denver behave in a price inelastic manner to changes in price of water as observed in the question.

A price inelastic demand behavior is one in which changes in price of a commodity does not in any way influence the demand behavior of buyers in a market.

7 0
4 years ago
A contractual vertical marketing system is exemplified by: Group of answer choices a florist shop that buys from a wholesale pla
lubasha [3.4K]

Answer:

the franchise system of a reputed sandwich brand.

Explanation:

The  contractual vertical marketing system would be the organization that is the retail cooperative, wholesaler i.e. chain who do sponsor and many franchising programs. In this the parties are maintaining their independene and operate as individually but they work together in order to accomplish thir goals and objectives by having high efficiency

so according to the given situation, the last option is correct

7 0
3 years ago
At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales $ 914,000 Credit sales 31
Lyrx [107]

Answer:

a.

Date       Account Title                                                      Debit              Credit

Dec, 31   Bad debt expense                                          $15,700

              Allowance for doubtful expense account                            $15,700

<u>Working</u>

= 5% * 314,000

= $15,700

b.

Date       Account Title                                                      Debit              Credit

Dec, 31   Bad debt expense                                          $‭36,840‬

              Allowance for doubtful expense account                            $‭36,840‬

<u>Working </u>

= 3% * (Cash sales + Credit sales)

= 3% * (914,000 + 314,000)

= $‭36,840‬

c.

Date       Account Title                                                      Debit              Credit

Dec, 31   Bad debt expense                                          $‭‭17,520

              Allowance for doubtful expense account                            $‭‭17,520

<u>Working</u>

= (8% * Year end accounts receivable) + Debit balance for Allowance for doubtful account

= (8% * 139,000) + 6,400

= $‭17,520‬

8 0
3 years ago
The Beranek Company, whose stock price is now $30, needs to raise $13 million in common stock. Underwriters have informed the fi
Bumek [7]

Answer:

858,085 shares must be sold

Explanation:

Net amount to be raised                   $ 13,000,000

Add: floatation expenses                           165,000

Amount to be available after

payment of underwriting compensation             20,165,000          

No of shares to be issued at 23.50 $      = 20,165,000/23.50 =  shares, rounded off to 858,085 shares.

858,085 shares must be sold

5 0
3 years ago
Why do less developed countries have a higher population growth?
Ede4ka [16]
Because there is less abortion
6 0
3 years ago
Read 2 more answers
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