Answer:
Management by exception.
Explanation: It is a management style in business that focuses only on dealing with cases that are beyond the norm or exceptional, It is a good strategy in project management.
The main purpose of this management style is to bring to the notice of the management only important situations that shows variation to the business out.
Advantages of Management by exception.
• It help employees to adopt their own approach to achieve results thereby serving as a motivation to them.
• It helps the management to make good use of their time.
The four common elements of an organization include (D) common purpose, coordinated effort, division of labor, and hierarchy of authority.
Explanation:
The organizational psychologist<u> Edgar Schein </u>proposed four common elements of an organization’s structure namely
-
<u>Common purpose
:</u>It refers to the clarity of the mission and vision.
- <u>Coordinated effort
:</u>Individualistic and group effort
- <u>Division of labor
:</u>Work specification for greater efficiency
- <u>Hierarchy of authority
:</u>Setting chain of commands
If we see from the point of view of a manager the day to day operations operations of an organization can be made successful by instilling a common purpose,which result in coordinated effort across the organization and then the work is allocated on the basis of the specialization of the staff and the hierarchy of authority is also defined
The answer would be D, a conflict of interest would be when someone is personally benefitting by taking advantage of their position or job. hope this helps!
Answer:
d. They can be easily measured.
Explanation:
The tangible cost is the cost i.e. incurred for the tangible things like employees ways, repair expense, purchase of fixed assets, etc
It can be measured and quantified in easily manner
Therefore as per the given options, the last one is correct as it defines the tangible cost and the rest of the options defines the intangible cost
Answer:
$5,700
Explanation:
Purchased of a commercial dishwasher + Incurred transportation costs+ Installation fees= Total recorded amounts
$5,000 + $400 + $300 = $5,700.
Therefore the amount that the company will record the dishwasher is $5,700 because the parking ticket should be expensed as incurred due to the fact that it is not a cost necessary to get the asset ready for use.
