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Korvikt [17]
2 years ago
14

Describe the differences between power and authority.

Business
2 answers:
Arisa [49]2 years ago
3 0

Answer:

Power is an entity's or individual's ability to control or direct others, while authority is influence that is predicated on perceived legitimacy.

Karo-lina-s [1.5K]2 years ago
3 0

Answer:

Power is an entity's or individual's ability to control or direct others, while authority is influence that is predicated on perceived legitimacy. Consequently, power is necessary for authority, but it is possible to have power without authority.

Explanation:

Found on google

Also can u pls mark me brainliest im new

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Warner Corporation purchased a machine 7 years ago for $405,000 when it launched product P50. Unfortunately, this machine has br
maxonik [38]

Answer:

1. $46,550

2. $405,000

3. $450,600

Explanation:

1. Computation of differential cost regarding the decision to buy the model 200

Differential cost = Cost of a new model 300 - Cost of a new model 200

Differential cost = $396,350 - $349,800

Differential cost = $46,550

So, the differential cost regarding decision to buy model 200 is $46,550.

2. Sunk costs are the costs which are already incurred by the entity in the past and which are not relevant to decision made today. In this case, sunk cost is the cost of the machine purchased seven years ago for $405,000.

3. Opportunity cost is the profit forgone by chosen alternative course of action. In this case, the Opportunity cost regarding the decision to invest in the model 200 machine is $450,600.

6 0
3 years ago
3. Project Manager John Boy has a policy of only using experienced, dependable, and proven sellers instead of selecting sellers
shutvik [7]

Answer: Risk mitigation

                                                           

Explanation: In simple words, risk mitigation refers to the strategy in which the management of an organisation tries to reduce the threat that may occur to the business in future by taking suitable risk in present.

Usually the threats it reduces related to the problems affecting the continuity of the business.

In the given case, The manager of the company is employing highly qualified personnel instead of less qualified to manage procurement risk. Hence he is taking actions to reduce risk that may arise in future. Thus, the correct option is B.

7 0
2 years ago
Life cycle costing (LCC):_______
maw [93]

Life cycle costing (LCC) includes all relevant costs expected in the first three years of ownership.

Option D

<u>Explanation:</u>

Life-cycle costing (LCC) is a method used to appraise the all out cost of proprietorship. It is a framework that tracks and aggregates the real expenses and incomes owing to cost object from its innovation to its relinquishment.

It enables near cost appraisals to be made over a particular timeframe, considering significant monetary elements both as far as introductory capital expenses and future operational and resource substitution cost.  

Life-cycle costing is otherwise called all out cost of possession (TCO).  

The way toward recognizing and archiving every one of the costs required over the life of an advantage is known as life-cycle costing (LCC).

The life-cycle costing procedure can be as basic as a table of anticipated yearly expenses, or as mind boggling as an electronic model that takes into account the formation of situations dependent on suppositions about future cost drivers.

7 0
3 years ago
CX Enterprises has the following expected dividends: $1 in one year, $1.15 in two years, and $1.25 in three years. After that, i
Vikentia [17]

Answer:

Dividend in Year 4 = 1.30

Terminal value at year 3 = 16.25

Stock price today = 14.27

Explanation:

Dividend in Year 4 = 1.25 * 1.04 = 1.30

Terminal value at year 3 = 1.30 / ( 12% - 4%) = 16.25

Stock price today = 1 / (1+12%)^1 + 1.15 /(1+12%)^2 + 1.25 / (1+12%)^3 + 16.25 / (1+12%)^3  = 14.27

6 0
3 years ago
Read 2 more answers
Additional materials are added in the second department of a four-department production process. However, this addition does not
aalyn [17]

Answer:

B. increase the total cost per unit

Explanation:

Adding additional materials means increasing the total production cost, and if that situation is not increasing the number of produced units the cost per unit will be increased.

Remember:

Cost Per Unit = Total Cost of Production / Units Produced

7 0
2 years ago
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