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Aleks [24]
3 years ago
10

Explain the importance of office for an organization long answer

Business
1 answer:
Flura [38]3 years ago
6 0

Answer:

The answer to this question is given below in this explanation section.

Explanation:

                  " importance of office for an organization"

An office is the center point of organization.It is a place to perform different activities of a business organization.The office is the brain of the whole organization.The office performs a critical function such as information collection,collection,recording analyzing distribution of information and executive function such as planning,organization,policies formulation,decision making etc.

It is used by management for the purpose of planning,organizing,staffing,directing,and controlling.Office not only keep record of information  but also pay the role of reliable channel of communication the information.It is required for smooth functioning of the organization.

Proper organisation facilities the intensive use of human capital.Organization stimulates creativity.By providing well defined areas of work and ensuring delegation of authority,Organization provides sufficient freedom to the managers and encourages their initiative,independent thinking and creativity.

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A firm selling its products to consumers is known as business-to-consumer marketing. However, when a firm buys raw materials fro
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Answer:

business to business marketing

7 0
3 years ago
For the last few years, an African village did not receive adequate rainfall. Due to this, the farmers in this village have suff
Gemiola [76]

Answer:

  • <u><em>D. cloud seeding</em></u>

Explanation:

<em>Cloud seeding</em> is aimed mainly to stimulate rainfall.

The process consists in spraying the clouds with some chemicals, whose particles can serve as nucleation center, inducing the formation of ice. Then, liquid droplets will form around the ice particles and, when they are large and heavy enough, will precipitate.

Although this procedure has been used it is objet of study because it effectiveness is in doubt.

One of the chemicals that is mentioned in the sources for cloud seeding is silver iodide, among others.

5 0
4 years ago
Suppose the government wants to reduce the total pollution emitted by three local firms. Currently, each firm is creating 4 unit
HACTEHA [7]

Answer:

The government sets pollution standards using regulations

Explanation:

For the government of a country to effectively reduce pollution by industries present in it's nation, pollution standards needs to be put in place with the use of laws/regulations backing them.

For example in the question, the government can make set a pollution standard that the industry must not go beyond 6 units of pollution otherwise a fine would be charged for defaulting. This would persuade the industry to reduce their pollution rate.

3 0
3 years ago
Cash $280,000 Marketable Securities 131,000 Accounts and Notes Receivable (net) 395,000 Inventories 570,000 Prepaid Expenses 19
sukhopar [10]

Answer:Current Ratio=4.5

Explanation:

Current Ratio = Current Assets / Current Liabilities

 

Current assets = Cash + Marketable Securities + Accounts and Notes Receivable+  Inventories +  Prepaid expenses

= $280,000 +$131,000 + $395,000  + $570,000 +  19,000=$1,395,000

Current liabilities = Accounts and Notes Payable (short-term) + Accrued Liabilities

=$250,000 + $60,000= $310,000

Current ratio = $1,395,000 /  $310,000= Current Ratio

3 0
3 years ago
Bendel Inc. has an operating leverage of 4.8. If the company's sales increase by 13%, its net operating income should increase b
Anna11 [10]

Bendel Inc. has an operating leverage of 4.8. If the company's sales increase by 13%, its net operating income should increase by about: 62.4%.

<h3>What does it mean if operating income increases?</h3>
  • An organization's management is creating more revenue while managing expenses, production costs, and overhead, which is why a company generating an increasing amount of operating income is seen favorably.
  • Better managerial controls, more effective resource usage, better pricing, and more successful marketing can all increase operating profit. The operational margin can be defined as the ratio of a company's profits from its main business to its total revenues.
  • It could be reasonable to say that the only good operating margin is one that is positive and increasing over time because higher operating margins are generally preferable to lower operating margins. One of the most crucial accounting measures of operational efficiency is operating margin, which is universally accepted.

Bendel Inc. has an operating leverage of 4.8. If the company's sales increase by 13%, its net operating income should increase by about:

Degree of operating leverage = % Change in operating income/ % Change in Sales

4.8 = % Change in operating income/ 13

% Change in operating income  = 62.4%

Bendel Inc. has an operating leverage of 4.8. If the company's sales increase by 13%, its net operating income should increase by about: 62.4%.

To learn more about increase, refer to:

brainly.com/question/24165947

#SPJ4

6 0
2 years ago
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