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GenaCL600 [577]
2 years ago
4

Two years ago, you created GoForLess, a new app that shows people the cheapest way to travel by bus, train, or air between two c

ities. Turns out that your app was a big success, and now you’ve made enough money to hire some additional employees. You’re trying to figure out what your new employees should do. What kinds of jobs should they have? How should they work together? How should they work with you? How can you give your employees enough freedom to be innovative, while maintaining enough control over their work to be sure that GoForLess will stay true to its overall goals?
You start by thinking about specialization. To what extent do your new employees need to have broad job responsibilities versus narrow job responsibilities? You know that to build a good app, you need to have people who have infrastructure automation, community building, programming, copywriting, data visualization, user experience, business, innovation, analysis, design, testing, and domain knowledge skills.

Look at the following two organizational designs and indicate which one you would choose.

A. I want my employees to have broad job responsibilities. I’ll hire a small group of employees next year that have multiple skills, and ask them to work on anything that will help the company meet its goals.

B. I want my employees to have very narrow job responsibilities. I’ll hire more people with specific experience next year, and each person will form the basis for future departments in my company.

Five years go by, and now you’ve hired 30 additional employees. Recently, you’ve noticed that some of your employees seem less happy than they were earlier. You hear complaints that people are bored and tired of doing the same thing all the time.

Which approach would you choose to solve problems most commonly associated with highly specialized work?

A. I would centralize my company.

B. I would decentralize my company.
Business
1 answer:
olga_2 [115]2 years ago
5 0

Answer:

<em>Look at the following two organizational designs and indicate which one you would choose.</em>

<u>B. I want my employees to have very narrow job responsibilities. I’ll hire more people with specific experience next year, and each person will form the basis for future departments in my company.</u>

<u />

<em>Which approach would you choose to solve problems most commonly associated with highly specialized work?</em>

<u>B. I would decentralize my company.</u>

Explanation:

The most appropriate alternative to the first question, is that when thinking first about specializing functions for hiring employees, the most appropriate organizational project would be alternative B, hiring employees who have specific experience and limited work responsibilities, which sets up a characteristic of a centralized organization, which is defined by greater organizational control and decision making concentrated in the highest hierarchy of the company.

However, as seen in the question, employees seem unmotivated by the repetitive work that strong specialization can cause, so the most appropriate alternative would be the letter B, adopt the decentralization of the company, where there is greater flexibility to carry out the work and greater participation of employees. in decision-making processes, which makes work more motivating and innovative.

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Answer:

1. Computation of Net Operating Cash flow

Particulars                                                 Year 1 $      Year 2 $

<u>Net Operating Cash flow</u>

Cash collected from clients                    $167,000     $197,000

Less: Cash Disbursement  

Salaries                                                     $97,000       $107,000

Utilities                                                      $33,500       $47,000

Purchase of insurance policies               $62,100        $0

Net Operating Cash Flow                     -$25,600        $43,000

Therefore, net operating cash flow for year 1 is -$25,600  and year 2 is $43,000.

2. Income Statement for each year

Particulars                                  Year 1 $        Year 2 $

Revenue                                     $184,000    $234,000

Expenses:

Salaries                                       $97,000      $107,000

Utilities                                        $38,500      $42,000

Insurance Policy($62, 100/3)     $20,700      $20,700

Net Income                                 $27,800      $64,300

Working:

Utilities for year 2 = $33,500 + $47,000 - $38,500 = $42,000

3. Computation of account receivables

Particulars                                                     Year 1 $      Year 2 $

Account receivables beginning balance        $0            $17,000

Add: Account billed to client                       $184,000     $234,000

Less: Cash collections from clients             $167,000     $197,000

Ending account receivables                       $17,000       $54,000

Therefore, net amount of account receivables for year 1 is $17,000 and year 2 is $54,000

4 0
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On January 1, 2020, the Oriole Company had $2,990,000 of $10 par value common stock outstanding that was issued at par and Retai
amm1812

Answer:

Oriole Company

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Debit Cash Account $2,336,000

Credit Common Stock $1,460,000

Credit Paid-in In Excess of Common Stock $876,000

To record the issuance of 146,000 shares of common stock, par $10 at $16 per share.

December 15:

Debit Retained Earnings $445,000

Stock Dividends Payable $445,000

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Explanation:

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Number of shares issued on July 1          146,000

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10% of 445,000 = 44,500 shares

b) Stock Dividends declared on December 15 will result to the issuance of 44,500 shares to stockholders.  To finance this stock dividend, the Retained Earnings account is debited while the Stock Dividends Payable is credited.  When the shares are issued on January 15, the Stock Dividends Payable (Distributable) will be debited and the Common Stock credited with the par value.  The market price of $17 does not affect the company's records.

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You have $12,500 you want to invest for the next 30 years. You are offered an investment plan that will pay you 7 percent per ye
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Answer:

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Explanation:

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The interest gained on money shows the time value of money. One dollar today is less than one dollar in one year's time

The formula for future value is

Future value = Present value * (1 + rate)^time

As we have two periods in this case (10 years and 20 years)

Future value = Present value * {(1 + rate1)^time1} * {(1 + rate2)^time2}

Future value = 12,500 * {(1 + 0.07)^10} * {(1 + 0.095)^20}

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in an equation...this would look like
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