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Solnce55 [7]
3 years ago
11

Which of the following is NOT true about organizational processes? Select one: a. They are only found at the top hierarchy level

s within an organization. b. Valuable new processes that might lead to a competitive advantage can be developed anywhere within the organization’s network of operations. c. Effective processes can lower the costs of value creation and add additional value to a product. d. Processes cut across functions, or divisions, and require cooperation between individuals in different subunits. e. A firm’s core competencies or valuable, knowledge-based resources are embedded in its processes.
Business
1 answer:
Viefleur [7K]3 years ago
8 0

Answer:

A. They are only found at the top hierarchy levels within an organization.

Explanation:

Organization process involves various activities that set out the business goals of the organization and develop process, product and resource assets which, when implemented will help to achieve business goals. This is a process that defines the actual work needed to achieve the goal, assigning those tasks to individuals, and putting those individuals in a decision‐making framework.

Hence, in general, the organization process involves five steps, which are:

1. Creation of Job design

2. Departmentation

3. Delegation of Authority

4. Span of Management

5. Chain of control.

With the above five steps that is involved in the organization process, it is therefore clear that, the only statement which is not true of Organization process from the available options is: They are only found at the top hierarchy levels within an organization.

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Assume that a speculator purchases a put option on British pounds (with a strike price of $1.50) for $.05 per unit. A pound opti
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Answer:

The highest net loss of $1,562.50 (i.e. – $1,562.50)

Explanation:

This can be calculated using the following equation:

Highest net profit possible = British pounds put option price per unit × Units of the pound option

                                                = $0.05 x 31,250

Highest net profit possible = $1,562.50

However, based on the information provided in the question, the option will not be exercised and this will result into the highest net loss of $1,562.50 (i.e. – $1,562.50).

7 0
3 years ago
The following totals for the month of April were taken from the payroll register of Magnum Company. Salaries $12,000 Social Secu
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Answer:

d. credit to Salaries Payable for $8,600

Explanation:

<em>The journal entry would be as follows.</em>

Magnum Company

Payroll Journal

Particulars                            Debit                    Credit

Salaries                       $12,000  Debit

Federal Income taxes withheld                       2,500 Credit

Social Security & Medicare taxes withheld      900 Credit

Salaries Payable                                               $8,600 Credit

Unemployment taxes are paid by the employer . They are not deducted from the employees' wages . They include both the federal and state taxes.Social Security & Medicare taxes withheld $ 900 include the  Social Security & Medicare taxes  $ 900.

6 0
3 years ago
Within the context of the Ricardian model of trade, suppose that the introduction of a vaccine against a virus increases the pro
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Within the context of the Ricardian model of trade, suppose that the introduction of a vaccine against a virus increases the productivity of workers in the developed world. What would you expect wages to do? fall mainly in the developing countries.

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3 years ago
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Answer:

The correct answer is letter "C": The partnership has a limited life.

Explanation:

A partnership is an organization with two or more members running a business. They share the profits in percentage terms in proportion to their partnership value. There are two types of partnerships: general partnerships (<em>unlimited liability</em>) and limited partnerships (<em>liability proportional to the contribution to the partnership</em>).

The partnership dissolves and a new partnership is created when one of the partners is removed, retired or deceased or even when a new partner is introduced. Thus, <em>partnerships have a limited life</em>.

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3 years ago
Help! I already choose one of the correct answers
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