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Inessa05 [86]
3 years ago
13

Which of the following is an example of a challenge faced by contemporary organisations?​

Business
1 answer:
WARRIOR [948]3 years ago
8 0

Answer:

b. environmental issues

c. global economy

Explanation:

Changes in the environment, such as pollution and global warming, affect operations and profitabiity.

The global economic crisis slows down organizational performance.

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Marcos Company reported the following items on its financial statements for the year ending December 31, 2016:
Sergeeva-Olga [200]

Answer:

$35,000

Explanation:

Gross Profit:

= Sales - Cost of Goods sold

= $560,000 - $400,000

= $160,000

Income before tax:

= Gross Profit - Salary Expense - Interest expense

= $160,000 - $40,000 - $30,000

= $90,000

Income after tax:

= Income before tax - Tax

= $90,000 - $25,000.

= $65,000

Transfer to Retained Earnings:

= Income after tax - Dividend

= $65,000 - $30,000

= $35,000

Closing Retained Earnings:

= Net Income (After tax) - Dividend payment

= $65,000 - $30,000

= $35,000

8 0
3 years ago
Michael keeps looking for his keys on the kitchen table, where he usually leaves them. eventually, he checks in his pocket and f
cupoosta [38]
He didn't leave them on the table this time
3 0
3 years ago
A major oil company is considering the optimal timing for the construction of new refineries. From past experience, each doublin
Doss [256]

Answer:

a, 22276.07

b. $32.9157 million

c.$29.9669million

Explanation:

Find the values of k   and  a assuming a relationship of the form   Assume that  f(y)=ky^a is in units of barrels per day.

\frac{f(2y)}{f(y)} =1.75=\frac{k(2y)^a}{k(y)^a} =2^{a} =a=\frac{Ln(1.75)}{Ln(2)} =0.8073

f(y)=ky^a=k=\frac{f(y)}{y^a} =\frac{25}{6000^0.807} =22276.07

b. Determine the optimal timing of plant additions and the optimal size and cost of each plant addition.a=0.8073, rx=0.41

optimal timing x=rx/r=2.05yrs

optimal size xD=2.05(1.5)

3.075million barrels/year

f(y)=ky^a=0.0223(\frac{3.075*10^5}{365} )^0.8073=32.9157million\\

$32.9157 million

c. Suppose that the largest single refinery that can be built with current technology is 7,500 barrels per day. Determine the optimal timing of plant additions and the optimal size and cost of each plant in this case

Optimal size xD=min\frac{307500}{365} ,7500= 7500 barrls/day =2.735million barrels /year

Optimal timing will be X^*=x*D/D=2.7375/1.5=1.825 year

optimal cost f(y)=ky^a=0.0223(7500)^0.8073=$29,9669 milion

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4 0
4 years ago
What is the role of the franchiser when a franchise is purchased?
likoan [24]

Answer:

The franchisor owns the brand and the operating system that they license to their franchisees. ... The franchisor grants the franchisee the right to operate the business under the franchise system's trademarks and service marks and enforces the brand standards of the system.

6 0
3 years ago
Read 2 more answers
Which statement is true of employee empowerment? A) Managers should ensure that employees are not linked to resources outside th
Snowcat [4.5K]

Answer:

B) Jobs must be designed to give employees the necessary latitude for making a variety of decisions.

Explanation:

The employee empowerment aims to provide resources and skills necessary for employees to have freedom and make their own decisions.

The organizational structure of a company will directly influence how employees are motivated or not to make certain decisions. In companies with a horizontal organizational structure, which is more flexible, there is an incentive for employees to make their decisions, which is a process that encourages innovation, engages employees, makes employment more motivating and valued, reduces response time of a decision and makes the decision-making process less bureaucratic and rigid.

5 0
3 years ago
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