Answer:
Option B
Explanation:
The given case relates to the method of delegation. Under the method of delegation the senior employees of the organisations transfers their workload to some junior level employees with a significant to full level of authority. However, the responsibility for any mistake or delay of work still relies with the managers who delegates work.
The asset turnover = 1.84
<u>Explanation:</u>
Asset Turnover = Sales / Average total assets
First, we will calculate average total assets as below:
Average total assets = Beginning assets + Ending assets / 2
Beginning assets = assets on 12/31/2014 = $65173
Ending assets = assets on 12/31/2015 = $100676
Average total assets =
=
= $82924.5
Sales / Revenue = $152633
Now, putting these values in the asset turnover formula, we get,
Asset Turnover = Sales / Average total assets
Asset turnover =
= 1.84
Answer:
B) secondary; primary
Explanation:
Secondary data is data collected from other researches. In this age, there is a lot of easily accessible data made available freely or at low cost. Examining them first not only help researchers find needed data cheaply, but also give them ideas about what they could find out from those data (serendipitous discovery).
Primary data is data collected from first-handed sources by the the researchers themselves by methods including surveys, interviews, direct observation, etc. It is costly to obtain so researchers only come to that when they can't find good secondary data for their purposes.
Answer:
Inelastic
Explanation:
When the price elasticity of demand (PED) is lower than 1, the demand is said to be inelastic. This means that a 1% increase in the price of a good or service will result in a proportionally smaller reduction of the quantity demanded. The formula for calculating price elasticity of demand is:
PED = % of change in quantity / % of change in price
For example, if the price of gasoline increases by 5% but the quantity demanded for gasoline decreases only by 2%, the PED = 2% / 5% = 0.4, therefore the demand for gasoline is inelastic.
Answer:
20% is the ROI of division A
8% is the ROI of division B
16% is the ROI of division C
Explanation:
Find the attachments for the explanation