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iren2701 [21]
3 years ago
8

Aspen Integrated Marketing used to have a strict hierarchical structure, with information given only to those who required it. T

he new chief executive officer, however, set up a flat organizational structure that eliminates barriers to information flow. Information that was previously available to managers alone is now given to employees as well. He also assigned mentors to new employees to help them in their jobs and enable them to perform better. At Aspen Integrated Marketing, information that was previously available to managers alone is now given to workers as well. This is an example of
Business
1 answer:
Brums [2.3K]3 years ago
4 0

Answer:

open-book management or it can also be called a boundaryless organization.

Explanation:

Open-book management

This is simply the act of sharing with employees at all levels of an organization some vital information that is somehow or previously meant for too management staff only. It also involves opening a company's financial statements to all employees and giving them the education that will enable them to understand how the company makes money and how their actions affect its success and bottom line.

Boundaryless organization

This is simply known as a form of organization structure in which there are no barriers to information flow. Boundaryless designs include barrier-free, modular and virtual organizations. An organization without barriers has permeable internal and external boundaries and requires higher level of trust and shared interests, a shift in philosophy from executive development to organizational development, greater use of teams etc.

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Indiana Co. began a construction project in 2021 with a contract price of $150 million to be received when the project is comple
telo118 [61]

Answer: A. Recognized $3.75 million loss on the project in 2022.

Explanation:

The project is 70% complete after 2022

i.e $99.75 million costs to date / $142.5 million estimated total costs.

The estimated gross profit is now $7.5 million

( i.e., $150 million - $142.5 million)

gross profit to date is $5.25 million. $9 million was recognized in 2021 so a $3.75 million loss is recognized in 2022.

6 0
3 years ago
Birthday girl needs help!! Can someone pls pls pls help me?
cricket20 [7]

Explanation:

Hey Happy Birthday but how may I help you????

8 0
3 years ago
Read 2 more answers
Rahul needs a loan and is speaking to several lending agencies about the interest rates they would charge and the terms they off
svp [43]

Answer:

b. 10.426%

Explanation:

Using the attached formula, convert the nominal rate to effective annual rate

<em>m</em> in the formula is the number of compounding periods per year; 12/2 = 6 in this case.

APR is the nominal rate which is 10%.

Next, plug in the numbers to the formula as shown below;

EAR = [1+\frac{0.10}{6}]^{6} -1

EAR = 1.10426-1

EAR = 0.10426 or 10.426% as a percentage

Hence choice B is correct.

3 0
3 years ago
​_____ give the project managers an opportunity to seek input and conduct brainstorming sessions.
sergeinik [125]
Project Status Meetings give the project managers an oppurtunity to seek input and conduct brainstorming sessions
7 0
3 years ago
How much do I need to retire? Here are your assumptions. You are 30. You will retire when you are 65. You want $40,000 a year wh
Fynjy0 [20]

Answer:

The amount to be saved at the age of 65 is $1940755.74

Explanation:

To calculate the amount needed at 65 including inflation = 40000 * 1.0336 = 115931.13

Present Value of Growing Annuity = PMT / (r-g) [ 1 - {(1+g)/(1+r)}n ]

= 115931.13 / (0.045 - 0.03) [ 1 - (1.03/1.045)20 ]

= 7728742.2 * 0.2511089

= 1940755.74

3 0
4 years ago
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