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dalvyx [7]
2 years ago
12

Amy convenes a meeting to rethink the organizational structure to avoid being beat to the market by a competitor again. Based on

your initial impressions of the situation, which solution do you think might be more effective: increase formalization or reduce hierarchy
Business
1 answer:
Natalija [7]2 years ago
6 0

Amy should reduce hierarchy if she wants to avoid being beaten by competitors.

A reduction of hierarchy will realign the company to achieve its goals faster than operating with a formalized hierarchy. This restructuring or delayering is known as empowerment.

The advantages that Amy will achieve by delayering or reducing hierarchy include:

  • Simplifying the organization's management structures
  • Reducing its bureaucracy
  • Cutting its communication paths
  • Speeding up decision-making
  • Pushing responsibility down to lower organizational levels (through empowerment).

Thus, Amy should rethink the organizational structure by reducing the hierarchy, making the decision-making process accessible.

Learn more: brainly.com/question/10849707

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Massage therapist or professional Typer
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2 years ago
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On December 31, 2020, Vaughn Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Vaug
Alinara [238K]

Answer:

1. 31 Dec

Dr Notes receivable $261,600

Dr Discount on notes receivable $45,401

Cr Sales revenue $216,199

B. 31-Dec

Dr Discount on notes receivable $21,619.9

Cr Interest revenue $21,619.9

C. Dec-31

Dr Discount on notes receivable $23,781.1

interest revenue $23,781.1

Dr Cash $261,600

Cr Notes receivable $261,600

Explanation:

A. Preparation of the journal entry to record the transaction of December 31, 2015, for the Ed Abbey Co

December 31, 2015

Dr Notes receivable $261,600

Dr Discount on notes receivable $45,401

($261,600-$216,199)

Cr Sales revenue $216,199

Computation of present value of note

PV of $261,600 due in 2 years at 10%

$261,600*.82645 = $216,199

B. Preparation of the journal entry for December 31, 2016

31-Dec

Dr Discount on notes receivable $21,619.9

[10%*$216,199]

Cr Interest revenue $21,619.9

C. Preparation of the journal entry for December 31, 2017

Dec-31

Dr Discount on notes receivable $23,781.1

interest revenue $23,781.1

($45,401-$21,619.9 )

Dr Cash $261,600

Cr Notes receivable $261,600

3 0
3 years ago
In order to decrease their level of pollution, Jean and Rhonda decided to _______.
weqwewe [10]
Clean up the ocean by picking up all the trash in the water
4 0
3 years ago
Read 2 more answers
Banks are a stabilizing force in our entire financial system. Discuss two of the three primary function of the banking system.
Illusion [34]

Answer: Banks transfer money from savers to borrowers by holding deposits and lending excess reserves. Banks also create money by making loans of excess reserves.

Explanation: Those are two primary functions.

7 0
2 years ago
"​Stephanie's Bridal Shoppe sells wedding dresses. The average selling price of each dress is $ 1 comma 100​, variable costs are
zhannawk [14.2K]

Answer:

250 dresses

Explanation:

The first task would be to compute before tax net income when after tax net income is $21,000 at the tax rate of 30%

After tax net income=before tax net income*(1-t)

t  is the tax rate of 30% or 0.30

after tax net income is $21,000

$21000=before tax net income*(1-0.3)

$21,000=0.7*before net income

before tax net income=$21,000/0.7=$30,000

Target units for before tax net income of $30,000 is computed thus:

target number of dresses=fixed cost+target profit/contribution per unit

fixed cost is $120,000

contribution per unit=sales price-variable cost

                                 =$1,100-$500=$600

target number of dresses=($120,000+$30,000)/$600=250 dresses

6 0
3 years ago
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