Problems determining authority and responsibility, poor response time, and poor integration are disadvantages of The Functional Organization.
The Functional Organization is a type of organizational system which operates according to the principle of specialization in role and function.
In project management, many types of organizations exist and are chosen. The Functional Organization works by division into departments and sub-sections where the role and function of the specific department stand defined and stipulated. A functional manager has a group of employees working under their supervision and authority. Problems determining authority and responsibility, poor response time, and poor integration are more than likely and entirely possible to arise in this organizational system.Therefore, problems determining authority and responsibility, poor response time, and poor integration are disadvantages of The Functional Organization.
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You just opened a brokerage account, depositing $2,000. You expect the account to earn an interest rate of 8.84%. You also plan on depositing $2,000 at the end of years 5 through 10. What will be the value of the account at the end of 20 years, assuming you earn your expected rate of return
Based on the expected rate of return and the amount to be deposited over the 20 years, the value of the account would be $45,844.
What would the account be worth in 20 years?This can be found as:
= Future value of deposits from 5 through 10 years at 20 years + Future value of today's deposit in 20 years
Solving gives:
= ((2,000 x ( ( 1 + 0.084)⁶- 1 ) / 0.084) x (1 + 0.084)¹⁰) + (2,000 x 1.084²⁰)
= (14,986.05 x 1.084¹⁰) + (2,000 x 1.084²⁰)
= $45,844
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John observed gracie, an executive for a large accounting firm, behave in an aggressive and pushy manner with her subordinates. John now believes that most women executives are aggressive and pushy with their subordinates. John’s overestimation of the link between women executives and the social traits of "pushy" and "aggressive" is referred to as.
Above are the options for the questions.
the social traits of "pushy" and "aggressive" are referred to as b. an illusory correlation.
Illusory correlation occurs when one finds is mistakenly overemphasized and another is ignored. Let's say you're visiting New York City and someone disturbs you while you're on the subway. Then you go to the restaurant and the waiter is rude to you.
Illusory correlation tends to recognize the covariance relationship between rare behaviors and traits and rare classes of people in the absence of them.
Researchers have found that Illusory correlations tend to "occur under conditions where participants are not personally involved." In other words, there are false correlations in areas and situations where there is little knowledge or personal experience.
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What would likely happen most immediately to an EOQ recommendation if bank lending rates (cost of capital) rise
The EOQ will not be affected if bank lending rates (cost of capital) rise.
What is EOQ?Companies determine their ideal order size by performing a calculation known as the economic order quantity (EOQ), which enables them to meet demand without going overboard. For the purpose of reducing holding costs and surplus inventory, inventory managers calculate EOQ.
The formula is:
EOQ = square root of: [2(setup costs)(demand rate)] / holding costs
Economic order quantity is crucial as it aids businesses in effectively managing their inventories. Without these inventory management strategies, businesses will frequently store excess inventory during times of low demand while holding insufficient inventory during times of strong demand.
Hence, The EOQ is reasonably constant and shouldn't be impacted. The EOQ would not be impacted at all because it does not take into account capital costs (loan rates).
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What is an additional clause in a sales contract where the seller warrants that there are no undisclosed building codes or zoning violations
Due on sale provision. Loans that remain outstanding after the Closing may be declared due at any time by the Lender, as acknowledged by the Parties. There will be no liability for any adverse effects of acceleration on any party. This is further explained below.
What is a clause in a sales?Generally, A clause defines the scope of the contract and the circumstances under which it may be enforced.
In conclusion, It's a "due on sale" clause. The parties acknowledge that any debts that remain outstanding after the closing date may be declared due by the lender at any time. Acceleration will not be held against either party, and both parties promise to protect the other from any damage that may result.
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OSU Mini-scenario: Assume the following: A Media Services employee at an on-campus classroom is replacing the projector bulb during class time. This has put class discussions/lecture on hold, and that students in the class are not in favor of such an interruption. Then, the students are experiencing:
The students are experiencing wait time & non-value added time.
Are lighter switches better for OSU?Depending on how hard you want to bottom down, a light-to-medium weight linear switch will be the best option for OSU.Can you play OSU with a keyboard?Osu! is a rhythm game that may be played on a touch screen, using a mouse, a pen, a mouse and keyboard, or both.What is the heaviest mechanical switch?The most substantial tactile switch you could possibly find is a Cherry MX Green. Though hard to come by, they are weighty and clicky.Is osu good for your brain?You may not be aware of it, but your brain is restricting the amount of signals entering and leaving it, which is holding you back! Osu! by making your brain continually process and input decisions, it helps us gamers break down the mental barriers that stand in our way.Learn more about OSU Mini here:
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Jenna does not drink alcohol and when she meets clients for dinner she knows that while the client might enjoy a glass of wine with the meal, she is not required to. What type of business custom does this illustrate? standardized axioms imperatives electives exclusives individualistic axioms
The given situation illustrates (B) electives business customs.
What are electives' business customs?Business customs are classified as imperatives, which must be recognized and accommodated, electives, which are beneficial but not required, and exclusives, which are customs in which an outsider must not engage.What are the imperatives of business customs?Business customs are classified as imperatives, which must be recognized and accommodated, electives, which are beneficial but not required, and exclusives, which are customs in which an outsider must not engage.What are exclusive business customs?Locals only have access to cultural exclusives. You will violate a contract if you participate in these customs. If you are a Christian, don't go to the Middle East and try to act like a Muslim since it is disrespectful to their religion.Solution -As it is given in the definition, business customs are classified as imperatives, which are beneficial but not required, and exclusives, which are customs in which an outsider must not engage.
Therefore, the given situation illustrates (B) electives business customs.
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Correct question:
Jenna does not drink alcohol and when she meets clients for dinner she knows that while the client might enjoy a glass of wine with the meal, she is not required to. What type of business custom does this illustrate?
A) imperatives
B) electives
C) exclusives
D) individualistic axioms
E) standardized axioms
Of the following, ________ produce(s) the largest amount of hazardous waste. Group of answer choices industry households agriculture utilities building demolitions
The industry is the answer.
An industry is a group of companies that are related by major business activity. There are dozens of industrial classifications in the modern economy. Industry classifications are usually divided into larger categories called sectors.
Economic activity dealing with the processing of raw materials and the production of goods in factories.
Industries are usually categorized by the goods and services they produce. For example, the pizza industry includes all producers who manufacture and sell pizza on the market. It is important to note that in order for a pizza maker to belong to the pizza industry, the products they make must be sold on the market.
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A _____________ is a cost-effective instance type that can be used for jobs that can be interrupted and resumed at any time.
A Freelancing is a cost-effective instance type that can be used for jobs that can be interrupted and resumed at any time.
One sort of self-employment is freelancing. Freelancers typically operate as self-employed individuals who provide their services on a contract or project basis, as opposed to being employed by an organization.
An independent journalist who covers stories of their own choosing and then sells their work to the highest bidder is an example of a freelancer. Another illustration is a web designer or an app developer who only works on a project for a client once before moving on to another.
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The experience-curve concept: a. is very important in industries that mass-produce a standardized output. b. helps a company realize both learning effects and diseconomies of scale. c. suggests that achieving low costs allows a firm to charge a premium price. d. suggests that unit manufacturing costs increase by a certain amount each time output is increased. e. is least likely to bottom out as long as the company does not stop production.
The correct option is (a);
The experience-curve concept: "is very important in industries that mass-produce a standardized output".
What is experience-curve concept?The Boston Consulting Group developed the notion of the "Experience Curve," which asserts that there is a regular correlation between a company's total amount of production and its cost of production.
The example of experience-curve is-
The growth of the Model T Ford is arguably the most well-known illustration of the Experience Curve. Ford raised its market share from 10% to 55% by cutting production costs for the Model T and utilizing its 11 years of assembly experience.Factors responsible for experience-curve are-
The most frequent ones are: a growth in production scale, organizational and technical advancements in the production process, and quality improvement. There are numerous other elements that also have an impact on the degree of this effect.To know more about Henry Ford’s Model T, here
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Grande Communications offers a lower price to customers who subscribe to Grande television, telephone, and internet services all at once. This is an example of _______. a. price bundling b. loss-leader pricing c. bait pricing d. odd-even pricing or psychological pricing
The answer is Price Bundling.
Price bundling is a marketing strategy. In this type of strategy, the company combines two or more products to sell them at a lower price than if the same products were sold individually.
It is also called product bundling or product-bundle pricing. As two or more products are combined/ bundled together to sell them at a lower price.
Hence, when Grande Communications offers a lower price to customers who subscribe to Grande television, telephone, and internet services all at once. This is an example of Price Bundling.
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Any information, not paid for or controlled by the seller, about an individual, a product, or an organization that is distributed to the public through the media is called
Any information, not paid for or controlled by the seller, about an individual, a product, or an organization that is distributed to the public through the media is called publicity.
In advertising, publicity is the public visibility or awareness of any product, service, individual, or company. it may also check with the motion of records from its source to most people, regularly through the media
Publicity is media interest in your product, provider, or business. it may include conventional information assets, like news indicates and newspapers, and new media, like podcasts, blogs, and websites.
Exposure is placing your commercial enterprise in front of the general public and media outlets so you can showcase your products, offerings, and company news. The purpose is to attract your target audience individuals and make them aware of your agency so they'll need to interact in enterprise with you.
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A banking system in which only a portion of checkable deposits are backed up by cash in bank vaults or deposits in the central bank is called a.
Determining whether employees will be able to adapt to the planned change is _____. Group of answer choices legal feasibility organizational feasibility technical feasibility economic feasibility ethical feasibility
Determining whether employees will be able to adapt to the planned change is organizational feasibility.
It serves to specify a company's corporate and legal structure. An organizational feasibility study may also contain professional background data on the company's founders and key figures, as well as information on the capabilities they can bring to the company. It aids organizations in determining whether the technical resources are adequate and whether the technical team has the skills necessary to turn concepts into functional systems. The assessment of the proposed system's technical requirements, including its hardware, software, and other components, is part of the technical feasibility process.
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On an indirect method statement of cash flows, an increase in accounts payable is?
On an indirect method statement of cash flows, an increase in accounts payable is added to the net income in the operating activities section.
Cash flow is the transfer of real or virtual money. Strictly speaking, cash flow is payments (in currency), especially from one central bank account to another. The term "cash flow" is used primarily to describe expected future payments and is therefore uncertain and therefore must be predicted in cash flow.
Cash flow is determined by its time t, nominal amount N, currency CCY, and account A. Symbolically CF = CF (t, N, CCY, A). However, typically uses cash flows in a less specific sense to describe (symbolic) payments to or from a business, project, or financial instrument.
Cash flow is closely related to the concepts of value, interest rates, and liquidity. Cash flows scheduled to occur on a future day tN can be converted to cash flows of the same value at t0.
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The Work in Process Inventory account of a manufacturing company has a $3,200 debit balance. The company applies overhead using direct labor cost. The cost sheet of the only job still in process shows direct material cost of $1,400 and direct labor cost of $800. Therefore, the amount of applied overhead is:
The amount of applied overhead is $1,000.
What is inventory?The products and materials that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock. The main focus of inventory management is determining the location and shape of stocked commodities.What is material cost?The price of direct materials is directly related to the unit of production and is immediately identifiable.For instance, the price of glass is a direct material expense in the production of light bulbs. The primary component needed for the production of commodities or products was material.Solution -To find the amount applied overhead:
3200 - ( 1400 + 800 ) = 3200 - 2200
= $1,000
Therefore, the amount of applied overhead is $1,000.
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What is a list of quantities of components, ingredients, and materials required to make a product?.
A list of quantities of components, ingredients, and materials required to make a product is bill-of-material.
But if you're searching out a preferred discern to get started out, the total cost of developing the most modest merchandise is $30,000, on common. This parent applies to fairly simple merchandise and includes the fee of designing, prototyping, trying out, and launching the new product.
A product is any object or carrier you sell to serve a client's need or need. They can be bodily or virtual. Bodily merchandise includes long-lasting goods (including automobiles, fixtures, and computer systems) and nondurable items (which include food and drinks).
In an international of Alibaba and ThomasNet, manufacturing your very own merchandise is feasible without even speaking to your dealer or meeting them head to head. When you have small modifications which can be clean to convey and put into effect, you have to be able to accomplish that without any hassle.
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AI offers all of the following unstructured online data about your purchasing behavior EXCEPT _______. a. what your lifestyle reveals about your pricing sensitivity b. the brands used in your individual's photos c. what brands you discuss on social media d. what goods and services you perused online
AI offers all of the following unstructured online data about your purchasing behavior EXCEPT what goods and services you perused online.
What is Artificial Intelligence?Artificial intelligence, in its most basic form, is a topic that combines computer science and substantial datasets to facilitate problem-solving. A successful early use of AI, expert systems sought to mimic human decision-making. In the beginning, it took a lot of time to collect and organize human knowledge.
How can artificial intelligence and data add value to businesses?Artificial intelligence will change many firms and give rise to entirely new sorts of enterprises. co-founder of Landing, AI Fund, and Coursera. AI explains the advantages for businesses.
What is Unstructured data?Information that either lacks a pre-defined data model or is not organized in a pre-defined way is referred to as unstructured data (or unstructured information). Unstructured data can also include facts like dates, numbers, and figures but is often text heavy. In contrast to data recorded in fielded form in databases or annotated (semantically labeled) in texts, this results in irregularities and ambiguities that make it difficult to understand using standard algorithms.
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Members of a strategic group Group of answer choices compete directly with members of other strategic groups. earn the same rate of return. move easily to other groups as desired. follow a business model that is similar to that pursued by other companies in the group. are affected by Porter's five competitive forces to the same degree that members of other strategic groups are affected.
A strategic group is a concept used in strategic management that groups companies within an industry that have similar business models or similar combinations of strategies.
Examination of the strategic groups in an industry provides a firm's executives with a better understanding of their closest rivals, reveals alternative paths to success, and highlights untapped opportunities.Learn more about Strategic Group here:
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Franchise companies have typically had ________ systems. duplicated centralized networked decentralized autonomous
Franchise companies have typically had duplicated systems.
What is a franchise?A franchise can be defined as a license which comprises a contractual arrangement between a parent company and another, that allows individuals or an organization access to its knowledge, processes, trademarks so as to provide a product or service.
In this context, we can infer and logically deduce that all franchise companies have typically had duplicated systems around the world.
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Challenges for new leaders since the global information-based revolution include: Multiple select question. learning about world quality standards manufacturing jobs are the only ones that pay well that the service era is coming to a close training employees takes too much time
Challenges for new leaders since the global information-based revolution include:
Learning about world quality standards
The service era is coming to a close
Option C, D. This is further explained below.
What is a global information-based revolution?Generally, This study evaluates the potential of emerging data processing and communication technologies for averting, better managing, or resolving international conflicts.
In conclusion, Since the worldwide information-based revolution, new leaders have faced a variety of challenges, including but not limited to:
Educating Oneself on International Quality Standards
We are nearing the end of the service age.
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The eight wastes of traditional operations include all of the following except Question content area bottom Part 1 A. defects. B. overproduction. C. waiting. D. utilizing people to their full potential.
The answer is utilizing people to their full potential.
Push-type systems are used in conventional industrial processes. They are predicated on the idea that it is preferable to predict and prepare for potential production requirements in the future. Traditional methods manufacture commodities ahead of time so that they are available when demand arises.
Eight wastes are:
1. Defects
2. Overproduction
3. Waiting
4. Not utilizing people to their full potential
5. Transportation
6. Inventory
7. Movement
8. Excess processing.
Therefore The eight wastes of traditional operations includes all of the following except "utilizing people to their full potential"
Hence option D utilizing people to their full potential is correct.
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What are hollow corporations? A. companies that market their products through franchisees B. companies that outsource all production to suppliers C. companies that have liabilities exceeding their assets D. companies that are horizontally integrated E. companies that do not have any physical presence and only operate online
The correct option is (B); companies that outsource all production to suppliers.
What are hollow corporations?This serves as a model for a business that outsources the majority of its production work. "Virtual business" is a related American buzzword.
According to a business lexicon, it is a type of company where "essential aspects are outsourced to subcontractors."
The most significant benefits of this type of business strategy in the software and outsourcing industries are:
Transfers of funds take place without converting currencies or including VAT (as in France). This indicates that no VAT can be used. Low logistics costs and (typically) cheaper taxes are the results of this.The third party that receives payments does all the required documentation and other tasks to ensure that payments are made on time.It is possible to send provisional bills, which give job/product/service clients a tax report for simpler planning.A different firm that bears all of the parent company's running costs gets compensated by the company.To know more about the corporation, here
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The purposeful reduction of damages, usually the responsibility of a nonbreaching party to a contract, is known as ________. Group of answer choices waiver negotiation release novation mitigation
The answer is mitigation.
Mitigation is the decrease of something harmful or the lessening of the detrimental consequences of something bad. It may relate to steps done to mitigate the adverse consequences of hazards that are still present in the environment, or to manage hazardous situations that have already happened.
Almost every insurance policy requires the insured to minimize the loss in order to avoid additional damage. That is, it is the insured's obligation as the insured to take reasonable steps to minimize or mitigate secondary damages.
Therefore, the blank will be filled by mitigation.
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John currently pays $500 monthly towards his minimum payments on his credit cards. After enrolling with National Debt Relief, John now pays $350 towards the same credit cards through his debt relief program. How much does John save off his minimums after 3 months?
Based on John now paying $350 towards the credit cards as part of the National Debt Relief, he would save a total of $450 after 3 months.
How much does John save?Find out how much John saves per month:
= 500 - 350
= $150
In 3 months, the total savings would be:
= 150 x 3
= $450
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what is business transaction
Because of the wealth effect, a rising aggregate price level _____ the purchasing power of wealth and therefore _____ the aggregate quantity of output demanded.
Because of the wealth effect, a rising aggregate price level "reduces" the purchasing power of wealth and therefore "reduces" the aggregate quantity of output demanded.
What is wealth effect?According to the wealth effect, a behavioural economic hypothesis, customers will spend more money even if their income stays the same.
The effect of wealth effect on aggregate demand is-
People will increase their consumption as their wealth rises. Thus, at lower price levels compared to higher price levels, the consumption component of aggregate demand will be stronger.A person's desire for inexpensive fast food is likely to decline as their income rises, but their desire for more costly steak may increase.To know more about the aggregate demand and aggregate supply, here
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True or false: this economy is currently at its natural rate of unemployment
Based on the table, we can deduce that this economy is currently at its natural rate of unemployment: True.
The types of unemployment rate.Basically, unemployment rate is divided into various types and these include the following;
Cyclical unemployment rate (CU)Frictional unemployment rate (FU)Structural unemployment rate (SU)Actual unemployment rate (AU)Natural Rate of Unemployment (NU).Based on the table, we can infer and logically deduce that this economy is currently at its natural rate of unemployment because the addition of frictional unemployment rate, cyclical unemployment rate, and structural unemployment rate is equal to the total unemployment as shown below:
TU = 3.9 + 0.0 + 1.1
T.U = 5.0.
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Complete Question:
The following table shows data on frictional, cyclical, structural, and total unemployment for an economy.
Unemployment Type Rate(Percent)
Frictional 3.9
Cyclical 0.0
Structural 1.1
Total unemployment 5.0
True or false: this economy is currently at its natural rate of unemployment?
We may conclude that the unemployment rate in this economy is now at its natural level: True.
What are the Unemployment rates by kind?Generally speaking, the unemployment rate may be broken down into the following categories:
The unemployment rate fluctuates with the economy's ups and downs (CU)
Temporary inability to find work (FU)Structural rate of joblessness (SU)Unemployment in the real world (AU)Jobless Claims Percentage of the Population (NU).This economy is now experiencing its natural rate of unemployment, as indicated in the table below: the sum of frictional, cyclical, and structural unemployment is equal to the overall unemployment rate.
Three hundred and ninety-nine to one.
T.U. = 5.0.
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Which of the following accounts would be increased with a credit? Group of answer choices Accounts Payable; Unearned Revenue; Common Stock Cash; Accounts Receivable; Common Stock Dividends; Accounts Receivable; Unearned Revenue Land; Accounts Payable; Dividends
A credit is applied to an Accounts Receivable account.
Because the owner's capital account has a regular debit balance, the owner's equity account is boosted on the debit side.
The sum of money owed to a company for products or services provided or utilized but not yet paid for by customers is known as accounts receivable. These are classified as a current asset on the balance sheet. AR is any amount of money due by clients for credit purchases.
The accounts receivable turnover ratio or days sales outstanding can be used to assess a company's AR strength.
A turnover ratio analysis can be performed to forecast when the AR will be received.
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True or false: The shared value creation framework aims to reconcile the concept of gaining and sustaining a competitive advantage with corporate social responsibility.
It is true that the shared value creation framework aims to reconcile the concept of gaining and sustaining a competitive advantage with corporate social responsibility.
What is corporate governance?This refers to a formal system of oversight, accountability, and control for organizational decisions and resources.
It is the set of processes and tools which controls the operations of an organization.
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i am making marketing plan for a company can anyone help me in making swot analysis
A SWOT analysis is to determine the strengths as well as the weaknesses, and threats associated with the company.
What is SWOT analysis?SWOT analysis is been carry out in an organizations to develop a full awareness in term of strength and weakness so as to be able to make business decision.
Steps that are required in SWOT analysis are:
Checking external environment.Carry out analysis on industry and competitionKnow the external opportunities and threats.Since the information is not complete, this is a guide on SWOT analysis
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