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Shalnov [3]
3 years ago
8

The finance department of Global Couriers decides that half of the previous year's profits should be reinvested into the busines

s. The marketing department, however, plans to extend the company's services to five more cities, which would require additional investment. The department heads hold a meeting at the end of the quarter to discuss the company's strategies; the meeting is, however, adjourned when they realize that their opinions clash. Information silo, in this case, has led to
Business
1 answer:
AfilCa [17]3 years ago
5 0

Answer:

organizational inefficiency

Explanation:

The finance department of Global Couriers decides to invest half of the previous year's profits into the business. However, the marketing department needs investment to extend the company's services to more cities.

The department heads want to arrange a meeting to discuss the company's strategies. But they adjourned the meeting as they realize that their opinions clash.

This has lead to organizational inefficiency.

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College president Wally contracts with Alice to teach a business law class. Alice does a fine job teaching, but she has an argum
solong [7]

Answer:

Specific performance

Explanation:

Based on the information provided within the question it can be said that in this scenario the order that Wally should seek is known as Specific performance. This is a court order which forces the breaching party to perform the agreed upon act, and by doing so complete the agreed upon specifications set forth by the contract. Failure to do so will find the individual in contempt of court.

6 0
3 years ago
Silver Spoon Service repairs commercial food preparation equipment. The following budgeted cost data is available for 2019: Time
stepladder [879]

Answer:

The rate charged per hour of labor is 120.

Explanation:

Rate charged per hour of labor is given by:

= Budgeted cost per labor hour + Profit margin

= 660000/10000 + 54  

= 120

Therefore, The rate charged per hour of labor is 120.

5 0
3 years ago
Which of the following statements concerning internal controls is true? Multiple Choice Strong internal controls cannot be circu
GrogVix [38]

The True statement about internal controls is <em>B.  A system of internal controls is designed to prevent or detect errors and fraud.</em>

  • Internal Controls are the techniques that an entity institutes to ensure the integrity of financial and accounting information, promote accountability of its employees, and prevent fraudulent activities.

  • Strong internal controls can still be circumvented.  Internal controls are not limited to company policies and procedures against fraud. The employment of a husband and wife or close relations in the same company is not prohibited by control procedures or separation of duties.

Thus, the true statement about internal controls is B.

Read more: brainly.com/question/17056417

3 0
2 years ago
On June 30, 2011, Cole Inc., exchanged 3,000 shares of Stone Corp. $30 par value common stock for a patent owned by Gore Co. The
11Alexandr11 [23.1K]

Answer:

$135000

Explanation:

Cole should record the patent at $135000. The intangible asset is recorded at the price at which it was purchased. Net carrying value of $160000 in the books of seller is not useful.

At the time of purchase of intangible asset, the fair value of stone stock exchanged was $45.

So the patent cost is =

3000 shares × $45 per share = $135000.

Cole should record the patent at this value.

8 0
3 years ago
Which phase of the new product development process involves identifying the target​ market, estimating its​ size, and determinin
Mkey [24]

Answer: Marketing strategy development

Explanation:

Marketing strategy development is essential to develop a brand. Strong marketing strategies are vital for industry dominance. A marketing strategy is more than just advertising the product. A connection, display of need of the good and its value is essential to get the right audience.

Marketing strategies provides small business with direction essential for effective promotion.

Marketing strategies is different for businesses, the main thing is tailoring it to what the company needs. Marketing strategy should involve a set of clear goals, and consumer research.

6 0
3 years ago
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