When using horizontal differentiation, a firm divides itself into sub units based on function, type of business, or Geographic area
Horizontal differentiation
Is basically concerned with how the firm decides to divide itself into sub units. The decision is typically made on the basis of function, type of business, or geographical area. In many firms, just one of these criteria predominates, but more complex solutions are adopted in others. This is particularly likely in the case of international firms, where the conflicting demands to organize the company around different products (to realize location and experience curve economies) and different national markets (to remain locally responsive) must be reconciled. One solution to this dilemma is to adopt a matrix structure that divides the organization on the basis of both products and national markets.
Functional structure :
A functional structure can work well for a firm that is active in a single line of business and focuses on a single geographic area. But problems can develop once the firm expands into different businesses or geographies.
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Answer:
Experienced meaningfulness: This is a positive psychological state that will be achieved if the first three job dimensions—skill variety, task identity, and task significance—are in place. All three dimensions help employees feel that what they do is meaningful.
Answer:
1) Taxes are compulsory financial charges levied upon taxpayers by government entities in order to fund their activities.
2) The IRS is the government agency responsible for collecting federal taxes and enforcing federal tax law.
3) Capital gains taxes are taxes levied upon the profit resulting from the sale of non inventory assets (e.g. land, house, stocks, etc.)
4) Two examples of state taxes are: corporate state taxes and real property taxes.
5) A pay stub or a pay slip is a document that itemizes what an employer pays to its employee. It includes the salary minus the deductions made.
Debit Credit
Feb 1
Services 500
Accounts Payable 500
Feb 25
Accounts Payable 300
Cash 300
March 5
Accounts Payable 200
Cash 200
The entries made in March 5th zeroed out the Accounts Payable on the Services bought on account last February 1st.
