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777dan777 [17]
3 years ago
8

With a hollow structure, the organization Group of answer choices has a central core of key functions and outsources others to v

endors who are less expensive or faster. groups activities around similar products or services. is a rigid nonadaptive structure. assembles product chunks, or modules, provided by outside contractors. is often called a horizontal organization.
Business
1 answer:
artcher [175]3 years ago
3 0

Answer:

With a hollow structure, the organization

has a central core of key functions and outsources others to vendors who are less expensive or faster.

Explanation:

Organizations operating hollow structures rely on an outsourcing model.  The organization maintains its core internal processes. For non-core processes, it uses outsourcing to achieve efficiency. For hollow structures to exist and be effective, the industry in which the organizations operate must be competitive in terms of price and cost.  Again, there will be opportunities to outsource some processes to competent outside vendors.

You might be interested in
During the past recession, Taylor Tool Company created a __________ organization, when it restructured and eliminated several mi
Studentka2010 [4]

Answer:

Flat organization

Explanation:

Flat organization is the organization or business which is structured with the few or no levels of the management among the staff level employees and the management.

Under this kind of the organization, supervision of the employees is less when promoting the involvement of the employees  in the process of decision making.

Under this scenario, the company established a flat organization as eliminate the middle management.

6 0
3 years ago
Other things being​ equal, demand is less elastic A. the smaller the percentage of a total budget that a family spends on a good
telo118 [61]

Answer:

The correct answer is letter "D": the more substitutes a good has.

Explanation:

Price elasticity of demand is the result of the relation between changes in price and quantity demanded for a good or service. <em>Price elasticity of demand is calculated dividing the percentage change in quantity demanded by the percentage change in price.</em> If the result is equal to or greater than 1, the demand is elastic. This situation implies a minimum change in price will affect by far the quantity demanded of that good or service.

Thus,<em> products with many substitutes are elastic because a minimal change in their price would represent a large change in quantity demanded since consumers will find similar products that satisfy their needs in the same proportion.</em>

3 0
4 years ago
Easy ways to learn BRS​
Furkat [3]

Answer:

BRS is a Bank Reconciliation Statement:

1. COMPARE THE DEPOSITS

Match the deposits in the business records with those in the bank statement. Compare the amount of each deposit recorded in the debit side of the bank column of the cashbook with credit side of the bank statement and credit side of the bank column with the debit side of the bank statement. Mark the items appearing in both the records.

2. ADJUST THE BANK STATEMENTS

Adjust the balance on the bank statements to the corrected balance. For doing this, you must add deposits in transit, deduct outstanding checks and add/deduct bank errors.

Deposits in transit are amounts that are received and recorded by the business but are not yet recorded by the bank. They must be added to the bank statement.

Outstanding checks are those that have been written and recorded in cash account of the business but have not yet cleared the bank account. They need to be deducted from the bank balance. This often happens when the checks are written in the last few days of the month.

Bank errors are mistakes made by the bank while creating the bank statement. Common errors include entering an incorrect amount or omitting an amount from the bank statement. Compare the cash account’s general ledger to the bank statement to spot the errors.

3. ADJUST THE CASH ACCOUNT

The next step is to adjust the cash balance in the business account.

Adjust the cash balances in the business account by adding interest or deducting monthly charges and overdraft fees.  

To do this, businesses need to take into account the bank charges, NSF checks and errors in accounting.

Bank charges are service charges and fees deducted for the bank’s processing of the business’ checking account activity. This can include monthly charges or charges from overdrawing your account. They must be deducted from your cash account. If you’ve earned any interest on your bank account balance, they must be added to the cash account.

An NSF (not sufficient funds) check is a check that has not been honored by the bank due to insufficient funds in the entity’s bank accounts. This means that the check amount has not been deposited in your bank account and hence needs to be deducted from your cash account records.

Errors in the cash account result in an incorrect amount being entered or an amount being omitted from the records. The correction of the error will increase or decrease the cash account in the books.

4. COMPARE THE BALANCES

After adjusting the balances as per the bank and as per the books, the adjusted amounts should be the same. If they are still not equal, you will have to repeat the process of reconciliation again.

Once the balances are equal, businesses need to prepare journal entries for the adjustments to the balance per books

Explanation:

4 0
3 years ago
A business that repairs major appliances charges a flat fee and hourly amount plus the cost of any needed parts. they know that
nikdorinn [45]
Error in true mean = +/-Z*\frac{s}{ \sqrt{n} }

Where; Z=2.58 at 99% confidence interval, s= sd = 0.25 hours, n=sample population = 60 refrigerators

Therefore;

Margin of error = +/-2.58*\frac{0.25}{ \sqrt{60} } = 0.0832 hours
5 0
4 years ago
Faust Company uses the perpetual inventory system. Faust sold goods that cost $2,300 for $3,600. The sale was made on account. W
mario62 [17]

Answer:

increase total assets by $1,300.

Explanation:

The net effect is shown below

The first entry is

Cost of goods sold  Dr $2,300

          To Merchandise Inventory $2,300

(Being the cost of inventory is recorded)

Now the second entry is

Account receivable Dr 3,600

       To Sales revenue 3,600

(Being the sales is recorded)

Now the net effect is

= 3,600 - 2,300

= 1,300

This 1,300 reflect the increase in the total assets

4 0
3 years ago
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