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erastovalidia [21]
3 years ago
14

Republic Resorts owns numerous hotels on each of the Hawaiian Islands. The company's performance reporting system is structured

around the firm's organizational structure, with information flowing from operating departments at a particular property and later respectively grouped by individual hotel, island operation (le, division, and the company as a whole. Which of the following best depicts the detail level of the information given to a department manager versus that reported to a company vice-president?
Department Manager Company Vice-President
A. Somewhat detailed Somewhat detailed
B. Somewhat detailed Somewhat summarized
C. Somewhat summarized Somewhat detailed
D. Somewhat summarized Somewhat summarized
E. None of the answers is correct.
Business
1 answer:
iris [78.8K]3 years ago
7 0

Answer:

The best depiction of the information level given to a department manager versus that reported to a company vice-president is:

    Department Manager     Company Vice-President

B.  Somewhat detailed         Somewhat summarized

Explanation:

At the operational level of the organization, the information requirement is for detailed data to help the department manager act on operational decisions.  At the tactical level where the vice-president operates, the information requirement is for data that is somewhat summarized but not too detailed.  The highest level of the organizational hierarchy is the strategic level, where information requirement concentrates on detailed reports and not detailed data but highly summarized data.

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Give an example of one good or service produced in the United States using the command model. Justify your example using researc
Shtirlitz [24]

Answer:

An example of production under the command system in the United States is that of the production of roads and passable roads throughout the nation. In this case, it is the production of a public service, and as such it is controlled by the government in all stages of its production: from the identification of the need, through the tender, the construction authorization and the supervision of the results, everything is controlled by the government. This implies that individuals or private companies cannot by their own initiative create this type of road, but rather depend exclusively on the will of the government.

3 0
3 years ago
If supply and demand both increase then equilibrium price will also increase. True or False
lukranit [14]

Answer:

This statement is false.

Explanation:

The change in the equilibrium price due to a change in in an increase in both demand and supply cannot be predicted without knowing the magnitude of the increase.

If the proportionate increase in the demand is greater than the increase in supply, the equilibrium price will increase.  

If the proportionate increase in the supply is greater than the increase in demand, the equilibrium price will decrease.  

If the increase in demand is proportionately equal to the increase in supply, the equilibrium price will remain the same.

6 0
3 years ago
Taggart Inc. is considering a project that has the following cash flow data. What is the projects payback? Year 0 1 2 3 Cash flo
nikdorinn [45]

Answer:

The period of payback of the project is 2.30 years. Therefore, the correct answer is C

Explanation:

We will computing the Cumulative Cash Flow from Year 0 to Year 3

Cumulative Cash Flow Year 0 = Cash Flow of Year 0

= -$1,150

Cumulative Cash Flow of Year 1 = Cash Flow of Year 1 + Cash Flow of Year 0

= $500 + (-$1,150)

= -$650

Cumulative Cash Flow of Year 2 =  Cash Flow of Year 2 + Cumulative Cash Flow Cash Flow of Year 1

= $500 + (-$650)

= -$150

Cumulative Cash Flow of Year 3 =  Cash Flow of Year 3 + Cumulative Cash Flow Cash Flow of Year 2

= $500 + (-$150)

= $350

Now, Computing the Pay back period with the formula:

Pay back period = 2 + (Cumulative Cash Flow of year 2 / Cash flow of year 3)

= 2 + (-$150/ $500)

= 2 +  0.3

= 2.3 years

5 0
2 years ago
In a perfectly competitive market, a. every seller tries to undercut the prices charged by its rivals. b. every seller takes the
Shkiper50 [21]

In a perfectly competitive market, every seller takes the price of its product as set by market conditions.

<h3>What is a Perfect Competitive Market?</h3>

Perfect competition is an ideal type of market structure where all producers and consumers have full and symmetric information and no transaction costs. There are a large number of producers and consumers competing with one another in this kind of environment.

Perfect competition is a market structure where many firms offer a homogeneous product. Because there is freedom of entry and exit and perfect information, firms will make normal profits and prices will be kept low by competitive pressures.

<h3>What are some examples of Perfectly Competitive Markets?</h3>

3 Perfect Competition Examples

  1. Agriculture: In this market, products are very similar. Carrots, potatoes, and grain are all generic, with many farmers producing them.
  2. Foreign Exchange Markets: In this market, traders exchange currencies.
  3. Online shopping: We may not see the internet as a distinct market.

Thus, we can say that the correct option is B.

Learn more about Perfectly Competitive Markets on:

brainly.com/question/8753703

#SPJ4

8 0
1 year ago
How many people make 1 million per year in the world
Dmitry [639]
I think it’s around 18 million or more people that make more than 1 million or 1 million yearly
8 0
3 years ago
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