An informal type of organizational structure is one best suited for achieving a cost-leadership strategy especially when the managers is promoting innovation.
<h3>What is a
cost leadership strategy?</h3>
This is a cost strategy that relies on a firm's ability in using a lower costs of production to offer quality products at low prices.
These type of strategy is best achieved with an informal type of organizational structure & culture.
Read more about cost leadership strategy
<em>brainly.com/question/26891629</em>
Answer:
1. The future value = 1000
Now we are to calculate the future value of bank savings
= 850x(1+0.07)^15/12
= 850x1.07^1.25
=$925.0147
So it is better to buy note.
2. Present value = 1000/(1.07^15/12)
= 1000/1.08825252622
= $918.9
For one to get same amount of money then savings would have to be increased. So we choose note
3. EAR = EFF%
= 1000/(850^12/15)-1
= 13.88%
We have EAR on bank as 7% and that of note as 13.88%. note is higher so we choose note
Labor Specialization and Productivity. Having workers perform specialized labor tasks is one of the factors that can lead to increased productivity. Division of labor can lead to a large increase in efficiency for two key reasons.
