Answer:
The organization structure is not clearly defined, Managers are performing duties in various departments at a time.
Explanation:
San Consulting is one of the finest consulting firm in the Greater Accra Region. The firm is always a first choice for individuals who want to pursue their career in business. The Organizational structure of San Consulting is not clearly defined. San's profits are falling because management practices are not according to the other competitive organizations. The managers working at San are facing excess workload and pressure for their work. Their job descriptions is not clearly defined and they are forced to work in multiple departments at the same time due to which they are losing focus on their own work.
Questions 1: Planning, organizing, leading and controlling
Question 2: The organizational structure needs to be set and every employee should have their defined job role so they are able to complete work with efficiency.
Question 3: The profits of San consulting will rise as there will be less duplication of work and every employee will be able to focus on their own task and will work with efficiency.
Question 4: Matrix. The matrix organizational structure is not suited in this organization. The right organizational structure for San consulting will be Functional Structure.
Question 5: (i) The profits for San Consulting will decline
(ii) The profit will rise because employee will focus more on their specific tasks.
1B. Yes agree. The managers need to focus on the external environment as well to identify the opportunities and threats present which can stimulate changes for the organization.
Answer:
The market price for heating oil will most likely drop and the quantity of heating oil will increase.
Explanation:
The reason for this is because the demand for natural gas is greater since it can be bought in larger quantities at a cheaper price. This spike in demand will the price of natural gases to increase and quantity to decrease as more and more people start to use it.
Answer:
(a) $3 per bottle
(b) $1
(c) $2
Explanation:
Given that,
Before the tax:
10 billion bottles of wine were sold every year at a price of $4 per bottle.
After the tax:
3 billion bottles of wine are sold every year. For which, consumers pay $5 per bottle (including the tax) and producers receive $2 per bottle.
Amount of the tax on a bottle of wine:
= price after tax paid by consumer - price after tax received by producer
= $5 - $2
= $3 per bottle
Burden that falls on consumers:
= Paid after tax - Paid before tax
= $5 - $4
= $1
Burden that falls on producers:
= Received before tax - Received after tax
= $4 - $2
= $2
