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kakasveta [241]
2 years ago
13

_________ Refers procedures that connect to the work activities of the different work divisions or units of the firm in order to

achieve its overall goal
Business
1 answer:
nlexa [21]2 years ago
5 0

Answer:

Organizing

Explanation:

Organizing involves coordinating and allocating a firm's resources so that the firm can carry out its plans and achieve its goals. This organizing, or structuring, process is accomplished by: Determining work activities and dividing up tasks (division of labor) Grouping jobs and employees (departmentalization

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Which of the following statements about taxation is TRUE?
xeze [42]

Answer:

A. There is a tax rate at which tax revenues are maximized.

Explanation:

By Laffer Curve definition we can easily understand the relationship between tax rate and tax revenues. It was developed by Arthur Laffer. The Laffer Curve describes that:

  • with an optimal tax rate government maximizes total  tax revenues
  • there is no tax revenue collection at the two extreme tax rates of 0% and 100%
  • at the left side of the curve higher tax rates decrease the incentive to work and invest. As a result this leads to to decrease in total tax revenue.

4 0
3 years ago
John is an entrepreneur who plans to enter a franchise contract with a hotel business. which of these is an advantage that John
umka2103 [35]

Answer:

The correct answer would be option C, He will be able to gain knowledge and support from the hotel business to run the franchise.

Explanation:

Franchise is basically a contract between two parties in which one of the party who is owning the business is ready to sell his business rights to use its name and products to the other party. The other party can open the same business with the same name and products or services and run that business. In this type of contract, a continuous help and support is given to the franchisee to run the business. So if John being an entrepreneur wants to enter into the franchise contract, then he will surly be able to gain knowledge and support from the hotel business to run the franchise.

3 0
3 years ago
Read 2 more answers
During 2019, Zigma Company earned service revenue amounting to $800,000, or which $645,000 was collected in cash; the balance wi
timofeeve [1]

Answer:

$800,000

Explanation:

Given that;

Sales revenue = $800,000

Cash collected = $645,000

Remaining amount cash collected in January = $155,000

And the delivery of goods is $11,100

Here, since the service revenue earned is $800,000 and same amount would be reported under the income statement, other items given would be ignored.

It therefore means that the sum of $800,000 should be the 2019 income statement report for service revenue.

8 0
2 years ago
In 2020, the Merkel Company had revenues of $2,600,000 and costs of $2,100,000. During 2021, Merkel will be introducing a new pr
Artemon [7]

Answer:

d. $88,000

Explanation:

In 2020, Merkel company's

Revenue = $2,600,000

Cost = $2,100,000

Operating profits = Revenue -  Cost

= $2,600,000 - $2,100,000

= $500,000

In 2021, the company's;

Revenue increases by $260,000

New revenue = $260,000 + $2,600,000 = $2,860,000

New Cost = $2,100,000 + $172,000 = $2,272,000

New Operating profits = $2,860,000 - $2,272,000

= $588,000

Expected increase in Operating profits = $588,000 - $500,000

= $88,000

The expected increase in operating profit amounts to $88,000.

4 0
3 years ago
Christina is evaluating Maximum Brands as an investment opportunity. She is very concerned about future financial performance by
Artemon [7]

Answer:

There is CEO duality

Explanation:

What is a CEO duality

CEO duality refers to the situation when the CEO also holds the position of the chairman of the board.

The board of directors is basically designed to keep an eye on managers such as the CEO on the behalf of the shareholders. They design compensation contracts and hire and fire CEOs. The benefit of having a dual CEO in the firm is because he or she  could work closely with the board to create value.

Christina in this sense is tryinb to bring more value to the firm and in ghe capacity of just the CEO her hands are tied. She probably wants more authority or power to do much more.

6 0
3 years ago
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