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Nata [24]
1 year ago
7

Typhanie, a customer service representative with WestComm Wireless Services, was asked by one of her customers if WestComm would

be interested in joining the chamber of commerce to meet potential customers and increase its contacts in the local business community. Typhanie believes this is a very good idea and approached her manager, Deondre, about becoming a chamber member. Deondre said to Typhanie, "Because the cost of membership is over $500 and you will have to leave the office to attend meetings, I will have to get approval from management above me." WestComm is an example of an organization with:________.A. work specialization.B. unity of command.C. line managers.D. decentralized authority.E. centralized authority.
Business
1 answer:
insens350 [35]1 year ago
8 0

Answer:

E. Centralized Authority.

Explanation:

As Typhanie, a customer service representative with WestComm Wireless Services, was asked by one of her customers if WestComm would be interested in joining the chamber of commerce to meet potential customers and increase its contacts in the local business community. Typhanie believes this is a very good idea and approached her manager, Deondre, about becoming a chamber member. Deondre said to Typhanie, "Because the cost of membership is over $500 and you will have to leave the office to attend meetings, I will have to get approval from management above me." WestComm is an example of an organization with centralized authority.

In centralized authority, the decisions are made from the top level management or decisions are made from certain managers. Anyone can't make decisions by his or her own in this kind of management style. This system has many flaws as well. As we have seen here in this case, Typhanie is interested in going to chamber of commerce which definitely will be very good for the organisation but when she approached her manager Deondre, he said he even himself can't decide about it, he has to get the orders from his boss. Although the event can be good for the organisation but centralized decision making has made it almost impossible.

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A company has a process that results in 24,000 pounds of Product A that can be sold for $8 per pound. An alternative would be to
Gnom [1K]

Answer:

It should sell Product A as it is.

the impact of procees further is a loss for 16,000

Explanation:

We will check if the further process is a viable option for hte company's cost structure

additional revenue

(14 - 8) x 24,000 = 144,000

additonal cost      (160,000)

differential              (16,000)

We can sale the poudns at 8 or process further to receive 14

the differential revenue is 14 - 8 = 6 per pound

then we multiply this by the amount of pounds we produce.

This give us an additional revenue for 144,000

Our additional cost ofr this process are 160,000

The cost are greater than the proceeds, it is not viable. It should sell Product A as it is.

Further process generates a loss for 16,000

8 0
2 years ago
If frost in Florida reduces the quantity of vegetables sold by 20 percent and increases their retail price by 30 percent, one ca
Anit [1.1K]

Answer: The supply of vegetables has shifted to the left along an inelastic demand curve

Explanation: The quantity of vegetables sold has been reduced by 20 percent, which simply means the aggregate market supply curve has experienced a drop/decrease and that is usually indicated by a complete shift of the supply curve to the left.

Furthermore, we can determine easily if the demand is elastic or inelastic, since the question has stated the percentage change in quantity demanded as 20% and the percentage change in price as 30%.

The coefficient of elasticity is calculated as

E = %change in quantity demanded/%change in price

E = 20/30

E =0.66

Since the coefficient of elasticity is less than 1, then it means demand is inelastic.

3 0
1 year ago
Read 2 more answers
A corporation has 10,000 bonds outstanding with a 6% annual coupon rate, 8 years to maturity, a $1,000 face value, and a $1,100
stiv31 [10]

Answer:

Year   Cashflow    [email protected]%      PV           [email protected]%     PV

               $                                 $                                  $

  0        (1,100)           1           (1,100)           1             (1,100)

1-8        47.4             5.3349  252.87      7.0197      332.73

 8       1,000             0.4665    465.5      0.7894       789.4

                                  NPV      (381.63)              NPV 22.13                    

Kd = LR     + NPV1/NPV1+NPV2    x (HR – LR)

Kd = 3       + 22.13/22.13 + 381.63   x (10 – 3)

Kd =  3       + 22.13/403.76 x 7

Kd = 3        + 0.38

Kd = 3.38%  

Explanation:

Cost of debt is calculated based on internal rate of return formula. In year 0, we will consider the current market price of the bond as cashflow. In year 1 to 8, we will consider the after-tax coupon as the cashflow. The after-tax coupon is calculated as R(1 - T).  R is 6% x $1,000 = $60 and tax is 21%. Thus, we have $60(1  - 0.21) = $47.4. then we will discount the cashflows for  8 years so as to obtain the internal rate of return. The internal rate of return represents cost of debt.

3 0
1 year ago
Champion manufactures winter fleece jackets for sale in the United States. Demand for jackets during the season is normally dist
m_a_m_a [10]

Answer:

The question puts

Mean demand to be 20000

Standard deviation to be 10000

Storage cost = 60-30= 30

Excess cost to be 30+5-25 = 10

For shipping to south america

Excess cost = 30+5+5-35 = 5 dollars

A.

It is of more benefits to ship to south america because we have an excess cost of 5 dollars and excess clearance cost of 10 dollars

B.

Production and profitability are high for south america. Please check attachment for the calculations I added

C.

Number of units

27142-20000

= 7142 units.

5 0
1 year ago
World-class performance measures can be used in different functional areas of a firm to satisfy objectives, enhance the value of
Alex777 [14]

Answer:

D) All of these

Explanation:

World class performance measures can be used in different functional areas, for example International Organization for Standardization (ISO) norms apply to all the functional areas of a company:

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  • ISO 14000 – Environmental Management
  • ISO 31000 - Risk Management
  • ISO 50001 - Energy Management
  • ISO 26000 - Social Responsibility
  • ISO 28000: 2007 – Specifications for Security Management Systems for the Supply Chain
  • ISO 37001: 2016 Anti-Bribery Management Systems
  • ISO 45001 – Occupational Health and Safety
  • ISO 22000 – Food Management Systems

Other types of world class performance measures that are not as established and recognized as ISO norms, but are gaining momentum in modern management like World Class Manufacturing (WCM) framework focus on four main areas:

  • Manufacturing competitive products: measure quality performance
  • Manufacturing product mix and volume: measure cost performance  
  • Short lead-times and make-to-order: measure delivery performance  
  • New product introductions: measure flexibility performance

5 0
2 years ago
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