The type of organisation structure that is best suited for Kumal company is MATRIX STRUCTURE. This structure is normally used by companies that engage in production of products that have specified duration. Employees are often put on different teams to maximize creativity and flow of ideas. The structure is common to technological and engineering companies.
Answer:
1. Not all future costs are relevant in decision making. Only relevant costs make a difference in decision-making. The future costs that change according to each specific alternative are relevant for the decision process. So, not all future costs are relevant in the decision making process.
2. Incremental cost - Also called differential costs, these costs are the difference in total costs after changing something or adding a new activity. These are relevant costs when evaluating some alternatives.
Opportunity cost - This is the benefit that we miss out when we choose one alternative over another. Although not present in general accounting, this approach is often used by managers.
Sunk cost - These are past costs. This is money that has been spent in the past and cannot be recovered. Thus, these costs are excluded from the decision-making process, as they are omnipresent and are not affected by the decision.
<span>The fact that Sal listens his "gut feeling" and wants to say yes </span>adding snow removal as an extra service <span>because of his experience in the past and what he has seen other companies do over the years, both successfully and not, means that </span>Sal is acting on intuition in his response to Jaime. There is no analytic reasoning,<span> proof and evidence </span>in intuition, only a feeling
Answer:
The answers are : unauthorized, identified, facts, affirm, authorization, withdraws, observe.
Explanation:
Ratification occurs when the principal accepts responsibility for the agent's unauthorized acts. For ratification to be valid, the agent must have acted on behalf of an identified principal, that principal must know all of the material facts , must affirm the agent's act in its entirety, and must have the legal authorization to ratify the transaction both at the time the agent engages in the act and at the time the principal ratifies it. The principal's ratification must occur before the third party withdraws from the transaction, and the principal must observe the same formalities when ratifying the act as would have been required to authorize it initially.