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pochemuha
2 years ago
12

The approach to decision making that involves soliciting input from a network of people outside of the organization is called

Business
1 answer:
katrin2010 [14]2 years ago
3 0

The approach to decision making that involves soliciting input from a network of people outside of the organization is called crowdsourcing

<h3>What is crowdsourcing?</h3>

Crowdsourcing involves the use of input from a large group of people. It is a method through which companies and businesses get information.

The internet is the major source that is used for crowdsourcing.

Read more on crowdsourcing:

brainly.com/question/6983872

You might be interested in
Tiggie’s Dog Toys, Inc. reported a debt-to-equity ratio of 1.75 times at the end of 2018. If the firm’s total assets at year-end
il63 [147K]

Answer:

Total debt is $15.91million

Total equity is 9.09miliion

Explanation:

Debt-to-equity ratio relates to how a firm is financing its operations through debt versus shareholders' equity(owners' fund)

The formula is: Total debt/total equity

Debt-to-equity ratio = 1.75times

Total assets =$25 million

We know the Equity = Asset - liability(debt)

We can rewrite the equation as:

Debt-to-equity ratio = Total debt/asset - debt

Let's represent debt as 'y'

1.75 = y/$25million - y

y = 1.75($25million - y)

y = $43.75 - 1.75y

Collect the like terms

y + 1.75y = $43.75million

2.75y = $43.75million

y = $43.75million/2.75

y = $15.91million

Therefore, total debt is $15.91million

Using the same formula: Total debt/total equity

Lets represent equity with z

1.75 = $15.91million/z

z = 15.91million/1.75

z = 9.09miliion

Therefore total equity is 9.09miliion

6 0
3 years ago
Read 2 more answers
Prairee partnership has four equal partners, Dodd, Crank, Pick, and Mack. Each of the partners had a tax basis of $320,000 as of
NemiM [27]

Answer:

mack tax basis in prairee on 31 december = 307000

correct option is a. $307,000

Explanation:

given data

tax basis = $320,000

net business income = $152,000

services rendered = $4,000

distribution = $50,000

solution

we know allocated income is here

allocated income = net business income - guaranteed payment

allocated income = 152000 - 4000

allocated income = 148000

so

mack share of net income is 25 % of allocated income

mack share of net income = 37000

so

mack tax basis in prairee on 31 december = 320000 + 37000 - 50000

mack tax basis in prairee on 31 december = 307000

7 0
3 years ago
Sawyer Components manufactures high-cost, customized roller parts for paper mills and is expanding into China because of the opp
saveliy_v [14]

The fact that Sawyer Components have seen opportunities in China and want to expand there reflects<u> global vision. </u>

<h3>What is global vision?</h3>

This refers to the ability of a company to see beyond factors affecting it from its native country.

It involves seeing opportunities, threats, and weaknesses in the global market, and then acting to take advantage of them like Sawyer Components wants to.

Find out more on the importance of vision at brainly.com/question/4436066.

#SPJ1

4 0
2 years ago
A problem with creating team incentive plans is that:
Leni [432]

Answer:

The answer is (B) not all teams are created alike.

Explanation:

This is important since different teams might be composed of differently skilled individuals which might impact their ability to complete the target tasks assigned. When teams that are composed of different skill levels are given similar incentive regardless, it does not reward individual effort and create a stagnant condition.

7 0
3 years ago
In what product is colombia a world leader in legally exporting?
Margaret [11]
A colombia world leader is legally exporting coffee beans
5 0
3 years ago
Read 2 more answers
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