Answer:
mechanistic
Explanation:
Mechanistic organization is the organization that is hierarchical and bureaucratic
It is characterized by its;
- Highly centralized authority.
- Formalized procedures and practices.
- Specialized functions.
Mechanistic organizations work well in stable, simple environments. Managers integrate the activities of clearly defined departments through formal channels and in formal meetings. Often, they feature many hierarchical layers and a focus on reporting relationships.
Answer:
The correct answer is “Pricing below competitors”.
Explanation:
It is given that the organization is operating with a lower cost structure as compared to its competitor and it is also enjoying the economies of scale. Since lower cost structure makes the organization capable to keep the price of its product lower as compared to its competitor. Moreover, the lower price of a commodity will attract new customers. Consequently, its sales volume will increase.
You should consider whether you want it to be a private or public company. A private company means that should the business fall-out, you and your business partners are responsible for the cost of the lawsuit and you will have to pay out of pocket. If your business is public, meaning that people can buy shares of your stock, then you would only have to pay up to the value of the amount of stock that you own. Hope that helps!
I think the answer is a but I am not for sure
Answer:
Mrs Smith either shut down the business or invest in efficient equipements that lowers the total cost to below $7
Explanation:
The reason is that the you can not make profit if you product is sold in the market at a higher price than the competitor who offers the same product with the same features. So here, Smith can not make profits by selling the product at $8 because here total cost is $8.25 per unit.
So either she should invest in the business equipments which bring efficiencies and keeps the total costs to below $7 or she should shut down her business because the business is turned into loss making machine.
