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Klio2033 [76]
4 years ago
5

Define organizational structures? And explain types of organizational structures?

Business
1 answer:
agasfer [191]4 years ago
5 0

Answer:

Four main types of structures of the organization are:

  • Functional
  •  Divisional
  •  Matrix
  •  Flat

Explanation:

  • Functional Structure

This structure consists of employees performing similar tasks or specialties. For example, in the finance department, accountants are grouped and the same applies to marketing departments, operations, and human resources. This structure enables swift decision-making because the group members have similar skills, can communicate easily, and can also improve their ability by learning from each other.

  • Divisional Structure

This structure groups employees according to the products or projects that meet customer requirements of a certain type. For instance, a catering services restaurant could organize the employees by departments, e.g. weddings or wholesale retail departments, according to which they serve. Employees are split so that their performance is maximized.

  • Flat Structure

The traditional top-down management system is impeded by a flat organizational structure. There is no concept of the boss, every employee is the boss, which removes bureaucracy and improves direct contact. For example, an employee with an innovative idea or suggestion need not contact every level of senior management to give the person responsible for the idea. The staff can directly communicate on an individual basis.

  • Matrix Structure

A matrix structure has a complex story true as it combines elements from both the functional and the divisional models. It first divides employees according to their specialization, then further separates them into departments according to projects and products. To make this structure a lot of planning and efforts are required but one e achieved increases the productivity of the team, promotes innovation and creativity, and good decision making.

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Answer:

NPV is -$12,960

Explanation:

Net present value is the Net value all cash inflows and outflows in present value term. All the cash flows are discounted using a required rate of return.

In this question all the expenses are cash outflows and The cost saving is the cash inflow from the new machine investment.  

Working for the NPV is attached with the answer please find it.

7 0
3 years ago
On December 31, 2019, Metlock Corporation signed a 5-year, non-cancelable lease for a machine. The terms of the lease called for
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Answer:

$38,559

Explanation:

Computation of present value of lease payments

Using this formula

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3 years ago
Company X purchased Company Y using financing as follows: $18 million from mortgages, $3 million from retained earnings, $13 mil
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Answer:

The debt to equity mix = 74.65% - 25.35%

Explanation:

The computation of the debt to equity mix is shown below:

Debt is

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And, the Equity is

= Retained earnings + Cash in hand

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And, percentage of equity financing is

= $18 ÷ ($53 + $18)

= 25.35%

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The debt to equity mix = 74.65% - 25.35%

3 0
3 years ago
How can we apply the knowledge of green chemistry in village four points​
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Green chemistry can be used in villages to make farming and cultivating practices more sustainable.

Explanation:

Green chemistry is also called sustainable chemistry as it is the branch that is involved in making the use of chemistry in everyday life as sustainable to the environment as possible.

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- The cultivation of products in greenhouses

-The use of modern pesticides as bare minimum

-The use of less equipment that is harmful for environment and more intensive farming practices.

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4 years ago
Bob, the owner of Orthopedic Supply, just discovered that his trusted friend Ruth, his accountant for over 30 years, has been mi
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Answer:

The correct answer is (e)

Explanation:

An ethical dilemma is a decision problem where a person has to make a decision which is neither acceptable nor preferable. In the above scenario,   Bobs facing ethical dilemma where he has the option to take action against a friend or to avoid it to safe company's image. Both these decisions are unfavourable for bob but he has to make one.

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