Answer:
Bounded Rationality
Explanation:
To begin with, it is essential to understand the concept of departmentalization.
Departmentalization centers on the idea that departments/divisions within an organization are grouped and/or sectioned, using some identified benchmarks. In extension, Departmentalizing, is simply the acts of engaging in departmentalization.
Bounded rationality, is a phenomenon that states that human reasoning and extension, logic could be threatened by a number of constraints. The constraints here could be human, material and physical resources. The implication is that an individual is not in possession of full details and information that could influence or shape his position.
Hence, by departmentalizing, an organization has placed a constraint on the amount of information accessible to that department, under the bigger context of an organization. Thus, the departments' rationality has been bounded and this could ultimately spiral into poor decision making, principally because of lack of detailed information.
Answer:
$3,000 and $35,000
Explanation:
The computations are shown below:
The depreciation expense would be
=(Original cost - residual value) ÷ (useful life)
= ($50,000 - $5,000) ÷ (15 years)
= ($45,000) ÷ (15 years)
= $3,000
In this method, the depreciation is same for all the remaining useful life
The book value would be
= (Original cost of equipment) - (depreciation × number of years)
= ($50,000) - ($3,000 × 5 years)
= $50,000 - $15,000
= $35,000
The theorist that is referred above is MAX WEBER. He is the theorist who asserts that class members should be grouped according to their value in the marketplace. Max Weber is a well-known German sociologist, and a prominent figure in sociology.
