Answer:
Total PV= $50,032
Explanation:
Giving the following information:
$16,500, $25,700, and $18,000
Cf1= $16,500
Cf2= $25,700
Cf3= $18,000
Discount rate= 9.7%
To calculate the present value, we need to use the following formula:
PV= FV/(1+i)^n
Cf1= 16,500/(1.097)= 15,041
Cf2= 25,700/1.097^2= 21,356
Cf3= 18,000/1.097^3= 13,635
Total PV= $50,032
Which two disadvantages are associated with collaborative business message writing?
It may affect the message's clarity.
It may lead to groupthink.
It doesn't allow for proper work distribution.
It requires teamwork.
It doesn't allow for revision.
Answer:
It may lead to groupthink.
It may affect the message's clarity.
Explanation:
Collaborative business message writing has to do with when a group of people creates a project or business message together rather than doing it individually.
Groupthink describes when a group sets asides their personal belief to get a consensus within a group and this can lead to bad decisions as members of the group can sidestep problems in order to fit into a group's decisions.
The clarity of the message can be affected because the different members of the group all have different ideas and would try to sacrifice some of their ideas for the group.
Palmer Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net income after tax of $100,000. The equipment will have an initial cost of $400,000 and have a 7-year life. If the salvage value of the equipment is estimated to be $75,000, what is the accounting rate of return?
Answer:
25%
Explanation:
Accounting rate of return =( Net income from investment ÷ Cost of investment ) × 100
Net income from investment = $100,000
Cost of investment = $400,000
Required rate of return = ($100,000 / $400,000 ) × 100
= 0.25 × 100
= 25%
During the past year a company had total fixed costs of $700,000. Its product sold for $93 per unit. Variable costs during this time equaled $45 per unit. Next year the company is anticipating a 10% increase in total fixed costs and a $3 per unit decrease in variable costs, but would like to maintain its current selling price per unit. How many units must the company sell next year to earn $1,000,000. (Round answer to complete units.)
Answer:
The company must sell 34706 units
Explanation:
To calculate the units required to earn a target profit of $1000000 next year, we will use the break even analysis modified for target profit calculation.
The break even in units is calculated by dividing the Total fixed costs by the contribution margin per unit. To calculate the units required for target profit, we add the target profit amount to the fixed cost and divide it by the contribution margin per unit. Thus, the formula is,
Units required for target profit = (Total fixed cost + target profit) / Contribution margin per unit
Where contribution margin per unit = Selling price per unit - Variable cost per unit
New fixed costs = 700000 + 700000 * 0.1 = 770000
New variable cost = 45 - 3 = 42
New contribution margin per unit = 93 - 42 = $51
Units required for target profit = (770000 + 1000000) / 51
Units required for target profit = 34705.88 rounded off to 34706 units
Assume that the multiplier in the Chinese economy is 3 and autonomous investment expenditures increase by $100. The Chinese government has a budget deficit of $100 and the income tax rate is 30 percent. The increase in autonomous investment expenditures will:
A. increase equilibrium income by $300 and cause the budget deficit to decrease by $90.
B. increase equilibrium income by $300 and cause the budget deficit to decrease by $100.
C. increase equilibrium income by $300 and cause the budget deficit to increase by $100.
D. increase equilibrium income by $300 and cause the budget deficit to increase by $90.
Answer:
A. increase equilibrium income by $300 and cause the budget deficit to decrease by $90.
Explanation:
Change in income = Multiplier * Change in investment
Change in income = $3 * 100
Change in income = $300
So, Income tax increase by = $300 * 0.3
= $90. Government expenditure is unchanged. So, Budget deficit (G-T) decreases by $90.
Which of the following lags associated with fiscal policy are expected to be alleviated by automatic stabilizers such as unemployment benefits?
A. recognition lags
B. implementation lags
C. impact lags
D. Both A and B
E. Both B and C
F. Both A and C
Answer:
D. Both A and B
Explanation:
Recognition Lags in fiscal policy refers to the time lag a country has in clearly visiting the problems faced, when the policy is formed.
As for example the country government might not be able to recognise the problem of unemployment up to a certain identified amount. with automatic stabilisers the authorities can collect automatic data for this issue, and expected time lag will decrease and become minimal.
Implementation lag occurs when the authorities see the adversity of a problem in economy and implements a fiscal policy but it is not implemented in an effective manner, and the results are thus lagged.
Accordingly, automatic stabilisers will improve such time lag by providing the main areas of the country where the adversity of a problem is maximum.
In addition to the above costs, if Quirch produces part PQ107, it would have a retooling and design cost of $9,800. The relevant costs of producing 2,400 units of product PQ107 internally are:
Answer:
$149,000
Explanation:
Computation for the relevant costs of producing 2,400 units of product PQ107 internally
Using this formula
Relevant Costs = Incremental Costs = Incremental Variable Costs + Incremental
Let plug in the formula
Relevant Costs = [(2,400 units × $31/unit) + (2,400 units × $19/unit) + (2,400 units × $8/unit)] + $9,800
Relevant Costs=$74,400+$45,600+$19,200+$9,800
Relevant Cost =$149,000
Therefore the relevant costs of producing 2,400 units of product PQ107 internally are $149,000
If we assume that both countries specialize according to their comparative advantage, then how do we find a terms of trade that will cause both entities (i.e. individuals, countries) to be better off?
Answer:
The best way to find terms of trade that will ensure that two entities are in the best terms of trade will be to look at the opportunity costs of the various products they produce.
A high opportunity cost in one product relative to that of the other entity means the entity with the higher opportunity cost should be trading with the entity with the lower opportunity cost and vice versa.
For example, assume that an entity "A" produces both rice and beans whilst an entity "B" also produces rice and beans too.
If the opportunity cost to A of producing Beans is 300 bags of rice whilst the opportunity cost to B of producing Beans is 120 bags of rice, and the opportunity cost to A of producing rice is 180 bags of beans whilst it is 250 bags of beans to B, the principles of comparative advantage require that A should focus more on producing rice and purchase beans from B whilst B should focus more on producing beans and purchase rice from A.
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Electronics Company A is recognized as the world leader in the production of radios. They
control more than 75% of the radio market, but the market is slowly shrinking. The company also
makes several high-quality audio products, including CD players. The market for CD players is
growing, and currently the company cannot make enough to meet the demand. What choice
should the company make? What is the opportunity cost? Explain your reasoning,
Answer:
There comes a time when every company must make a decision to evolve because the products that they offer will always become obsolete at some point in the future. This is simply because humans will always strive to make processes more efficient.
Electronics Company A is a leader in the radio market but that market is shrinking. There is a new revenue stream however and that market is growing.
The decision that they should make is to reduce the amount of facilities that are dedicated to radios and channel it to the production of CD players so that they may gain dominance there before the market becomes saturated. Had Kodak have done this when digital cameras were on the rise, their fall from grace might not have happened at all.
The Opportunity Cost of this however is that they may lose dominance in the radio industry which is only slowly declining meaning that there are still profits to be made. The keyword however is that the market is declining. They should therefore evolve and move to an industry that is on the up and up which is the CD player.
Failure to do this would mean that they would become another Kodak or Blockbuster.
The LaPann Corporation has obtained the following sales forecast data: July August September October Cash sales $ 80,000 $ 70,000 $ 50,000 $ 60,000 Credit sales $ 240,000 $ 220,000 180,000 200,000The regular pattern of collection of credit sales is 20% in the month of sale, 70% in the following the month of sale and the remainder in the second month following the month of sale. There are no bad debts.Required:1. The budgeted accounts receivable balance on September 30 is:A) $126,000B) $148,000C) $166,000D) $190,0002. The budgeted cash receipts for October are:A) $188,000B) $248,000C) $226,000D) $278,000
Answer:
1. 166,000
2. 188,000
Explanation:
The budgeted accounts receivable balance on September 30 and Budgeted cash receipts for october n be calculated as follows
July
Opening -
Credit sales 240,000
Collection
20% of July 48,000
Closing 192,000
August
Opening 192,000
Credit sales 220,000
Total 412,000
Collection
20% of August 44,000
70% of July 168,000
Total receipts 208,000
Closing 200,000
September
Opening 200,000
Credit sales 180,000
Total 380,000
Collection
20% of september 36,000
70% of august 154,000
10% of july 24,000
Total receipts 214,000
Closing 166,000
October
Opening 166,000
Credit sales 200,000
Total 366,000
Collection
20% of October 40,000
70% of september 126,000
10% of august 22,000
Total receipt 188,000
Closing 178,000
Integration is the way in which a company allocates people and resources to organizational tasks.
a) true
b) false
Answer:
b. false
Explanation:
Integration is a strategy in which companies coordinate their departments and plans to increase efficiency and accomplish its organizational goals. According to this, the statement that says that integration is the way in which a company allocates people and resources to organizational tasks is false because when companies integrate, they try to coordinate the work of different areas as one unit and not allocate resources to different tasks.
What is the estimation for the annual profit/loss based on the provided information below:
Annual production rate 38,000 unit per year
Selling Price $80 unit per unit
Fixed production cost $200,000 per year
Variable production cost $1200,000 per year
Variable selling expenses $53,000 per year
Answer:
Net operating income= $1,587,000
Explanation:
Giving the following information:
Annual production rate 38,000 unit per year
Selling Price $80 unit per unit
We will make a contribution margin income statement to determine the gain/loss:
Sales= 38,000*80= 3,040,000
Total variable cost= (1,200,000 + 53,000)= (1,253,000)
Contribution margin= 1,787,000
Total fixed costs= (200,000)
Net operating income= 1,587,000
Some customers are __________, caring about new developments in their category and seeking out new products.
Answer:
Early adopters
Explanation:
Early adopters define to adopt a new product or technology introduced in the market place for the first customers or the new customers
Here the product or technology is the first time introduced in the market with a lot of expectations which could be in terms of sales, revenues, trust, satisfaction, etc
Therefore in the given situation, the early adopters should be chosen for the new developments in the products category
Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding Department: Units:
Beginning Inventory: 25,000 units, 100% complete as to materials and 55% complete as to conversion.
Units started and completed: 110,000.
Units completed and transferred out: 135,000.
Ending Inventory: 30,000 units, 100% complete as to materials and 30% complete as to conversion.
Costs:
Costs in beginning Work in Process - Direct Materials: $43,000.
Costs in beginning Work in Process - Conversion: $48,850.
Costs incurred in February - Direct Materials: $287,000.
Costs incurred in February - Conversion: $599,150.
Calculate the equivalent units of conversion.
A) 165,000
B) 130,250
C) 140,000
D) 144,000
E) 110,000
Answer:
B) 130,250
Explanation:
The computation of the equivalent units of conversion is shown below:
= Opening work in process units × remaining percentage + units started and completed units × completion percentage + ending work in process units × completion percentage
= 25,000 units × 45% + 110,000 × 100% + 30,000 × 30%
= 11,250 + 110,000 + 9,000
= 130,250 units
Hence, the correct option is B.
Given the bond described below, if interest were paid semi-annually (rather than annually), and the bond continued to be priced at $850, the resulting effective annual yield to maturity would be:
Answer:
11.62%
Explanation:
The question was missing some parts:
Par Value $1000 Time to Maturity 20 years Coupon 10% paid annually Current Price $850 Yield to Maturity 12%
the approximate yield to maturity (YTM) = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]
YTM = {50 + [(1,000 - 850) / 40]} / [(1,000 + 850) / 2] = 53.75 / 925 = 0.0581 x 2 (annual rate) = 0.1162 = 11.62%
nco purchased a computer for $200,000 and this machine is expected to generate annual cash flows of $48,271 over the next 5 years. What is the expected rate of return on this investment g
Answer:
The expected rate of return on this investment is:
21%
Explanation:
Cost of computer = $200,000
Annual cash flows for 5 years = $48,271
Total cash flows = $241,355 ($48,271 x 5)
Returns = $41,355 ($241,355 - $200,000)
The expected rate of return = Returns/Costs * 100
or the average of returns and the average of investments (they yield the same results)
Using the total returns and investment:
= $41,355/$200,000 * 100
= 21%
Using the average returns and investment:
= $8,271/$40,000 * 100
= 21%
Assume that you are working for a computer manufacturer as a software engineer and that you are told abruptly that your project will be canceled within 4 weeks. List the questions that you would have for management. After absorbing the shock, what would you do
Answer:
When will the project get cancelled?
How will the project be cancelled?
Explanation:
Requirements 1. Journalize required transactions, if any, in 's general journal. Explanations are not required. 2. What is the balance in Estimated Warranty Payable assuming a beginning balance of $0?
Answer:
1.
April 30
No entry required
June 30,
DR Warranty Expense ................................................... $15,200
CR Estimated Warranty Payable....................................................$15,200
Working
Warranty Expense = 380,000 * 4%
= $15,200
Jul 28
DR Estimated Warranty Payable.......................................$5,900
CR Cash..................................................................................................$5,900
September 30
DR Loss from Lawsuit ..........................................................$ 70,000
CR Estimated Lawsuit Payable............................................................$70,000
December 31
DR Warranty Expense ..........................................................$20,000
CR Estimated Warranty Payable..........................................................$20,000
Working
Warranty Expense = 500,000 * 4%
= $20,000
2. Estimated Warranty Payable is a liability account so credits increase it and debits reduce it.
Balance;
= Credits - Debits
= 15,200 + 20,000 - 5,900
= $29,300
Job 652 was recently completed. The following data have been recorded on its job cost sheet:_______.
Direct materials $ 65,400
Direct labor-hours 1,236 DLHs
Direct labor wage rate $ 15 per DLH
Number of units completed 4,800 units
The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $35 per direct labor-hour.
Required:
Compute the unit product cost that woild appear on the job cost sheet for this job. (Round your answer to 2 decimal places.)
Unit product cost
Answer:
Unit product cost = $26.50
Explanation:
The computation of the unit product cost is shown below:
As we know that
Unit product cost = Total cost ÷ number of units completed
where,
Total cost is
= Direct materials + direct labor + manufacturing overhead
= $65,400 + 1,236 × $15 + 1,236 × $35
= $65,400 + $18,540 + $43,260
= $127,200
And, the number of units completed is 4,800 units
So, the unit product cost is
= $127,200 ÷ 4,800 units
= $26.50
Patrick has assets that total $9,500. His liabilities total $1,900. Which expression will find Patrick’s net worth?
Answer:
D) $9,500-$1,900
Explanation:
Correct answer on Edge, but if you want all the choices they are:
A) $9,500 / $1,900
B) $1,900 - $9,500
C) $1,900 / $9,500
>>>>>>>>>> D) $9,500 - $1,900 <<<<<<<<<<<<
The expression that will find Patrick’s net worth is: $9,500-$1,900.
What is net worth?Net worth can be defined as a person assets less the liabilities.
Using this formula
Net worth=Assets-Liabilities
Where:
Assets=$9,500
Liabilities=$1,900
Let plug in the formula
Net worth=$9,500-$1,900
Net worth=$7,600
Inconclusion the expression that will find Patrick’s net worth is: $9,500-$1,900.
Learn more about net worth here:https://brainly.com/question/12371230
The specification for the weight of a box of cereal is 18.9 oz ± .2 oz. The actual mean and standard deviation from a sample of 200 boxes is 18.70 oz and 0.10 oz, respectively. What are the Cp and Cpk?
Answer:
Cp = 0.667, Cpk = 0
Explanation:
Given the following :
Specification = 18.9 oz ± .2 oz
Actual mean (m) = 18.70 oz
Standard deviation (sd) = 0.10 oz
Upper specification limit (USL) = (18.9 + 0.2) = 19.1 oz
Lower specification limit (LSL) = (18.9 - 0.2) = 18.7 oz
Cp formula :
(USL - LSL) / 6(sd)
(19.1 - 18.7) / 6(0.1)
Cp = 0.4 / 0.6 = 0.667
Cpk = min(CpU, CpL)
CpU = (USL - m) / 3(sd)
CpU = (19.1 - 18.7) / 3(0.1)
CpU = 0.4 / 0.3 = 1.333
CpL = (m - LSL) / 3(sd)
CpL = (18.7 - 18.7) / 3(0.1)
CpL = 0 / 0.3 = 0
Cpk = min(1.333, 0)
Minimum value is 0, hence Cpk = 0
Rosita's announced that its next annual dividend will be $1.65 a share and all future dividends will increase by 2.5 percent annually. What is the maximum amount you should pay to purchase a share of this stock if you require a 12 percent rate of return?
a. $17.37
b. $16.94
c. $17.80
d. $15.46
e. $13.75
Answer:
$17.37
Explanation:
Rosita's made an announcement that the next annual dividend payment will be $1.65 per share
The dividend will increase by 2.5% annually
= 2.5/100
= 0.025
The rate of return is 12%
= 12/100
= 0.12
Therefore, the maximum amount that should be paid to purchase this stock can be calculated as follows
Po= $1.65/(0.12-0.025)
= $1.65/0.095
= $17.37
Hence the maximum amount that should be paid to purchase a share of the stock is $17.37
Prepare the company's trial balance at April 30,
2016 ,
listing accounts in proper sequence. For example, Accounts Receivable comes before Equipment. List the expense with the largest balance first, the expense with the next largest balance second, and so on.
Select the accounts that will be listed on the trial balance; enter the account balances and finally total the debits and
credits. Remember
to list the accounts in the proper
sequence ; assets first,
then
liabilities followed
by stockholders'
equity (including revenue and expense accounts). List the expenses last with the largest balance first, the expense with the next largest balance second, and so on.
Deluxe Pool Service, Inc.
Trial Balance
April 30, 2016
Account Debit Credit
Total
Account Balance
Dividends . . . . . . . . . . . . . . . $3,200
Common stock . . . . . . . . . . $16,500
Utilities expense . . . . . . . . . . . 1,500
Accounts payable . . . . . . . . . . 4,800
Accounts receivable . . . . . . . . 5,300
Service revenue . . . . . . . . . . 20,700
Delivery expense . . . . . . . . . . . .400
Equipment . . . . . . . . . . . . . . 29,200
Retained earnings . . . . . . . . . 1,500
Note payable . . . . . . . . . . . . 24,500
Salary expense . . . . . . . . . . . .9,000
Cash . . . . . . . . . . . . . . . . . . .19,400
Answer:
Deluxe Pool Service, Inc.
Trial Balance
April 30, 2016
Account Debit Credit
Cash . . . . . . . . . . . . . . . . . . . . $19,400
Accounts receivable . . . . . . . . 5,300
Equipment . . . . . . . . . . . . . . . 29,200
Accounts payable . . . . . . . . . . . . . . . . . . . . . $ 4,800
Note payable . . . . . . . . . . . . . . . . . . . . . . . . . 24,500
Common stock . . . . . . . . . . . . . . . . . . . . . . . . 16,500
Retained earnings . . . . . . . . . . . . . . . . . . . . . . .1,500
Service revenue . . . . . . . . . . . . . . . . . . . . . . 20,700
Salary expense . . . . . . . . . . . 9,000
Dividends . . . . . . . . . . . . . . . . 3,200
Utilities expense . . . . . . . . . . . 1,500
Delivery expense . . . . . . . . . . . 400
Total . . . . . . . . . . . . . . . . . . $68,000 $68,000
Explanation:
a) Data:
Deluxe Pool Service, Inc.
Trial Balance
April 30, 2016
Account Debit Credit
Total
Account Balance
Dividends . . . . . . . . . . . . . . . $3,200
Common stock . . . . . . . . . . $16,500
Utilities expense . . . . . . . . . . . 1,500
Accounts payable . . . . . . . . . . 4,800
Accounts receivable . . . . . . . . 5,300
Service revenue . . . . . . . . . . 20,700
Delivery expense . . . . . . . . . . . .400
Equipment . . . . . . . . . . . . . . 29,200
Retained earnings . . . . . . . . . 1,500
Note payable . . . . . . . . . . . . 24,500
Salary expense . . . . . . . . . . . .9,000
Cash . . . . . . . . . . . . . . . . . . .19,400
Carla Vista Enterprises buys back 600,000 shares of its stock from investors at $6.50 a share. Two years later, it reissues this stock for $6.00 a share. The stock reissue would be recorded with a debit to Cash for:
Answer:
Debit to cash is $3,900,000
Explanation:
The journal entry for recording this given transaction is as follows
Cash Dr (600,000 shares × $6.50) $3,900,000
To Additional paid in capital (600,000 shares × $0.50) $300,000
To Treasury stock (600,000 shares × $6.00) $3,600,000
(Being the stock reissued for cash is recorded)
for recording this we debited the cash as it increased the assets and credited the treasury stock as it reduced the treasury stock balance and credited the additional paid in capital
The risk-free rate of return is 4.2 percent and the market risk premium is 11 percent. What is the expected rate of return on a stock with a beta of 1.8
Answer:
r = 0.24 or 24%
Explanation:
The expected rate of return or the required rate of return is the minimum return that investors anticipate on a stock based on the systematic risk of that stock as measured by its beta. The CAPM equation can be used to calculate the expected rate of return on a stock. The formula is,
r = rRF + Beta * rpM
Where,
rRF is the risk free raterpM is the risk premium on marketr = 0.042 + 1.8 * 0.11
r = 0.24 or 24%
Often owners of firms who hire managers must install incentive or bonus plans to ensure that the:____.A. Company is financially secure.
B. Manager will work hard.
C. Manager will maintain employee morale.
D. Company will have positive economic profits.
Answer:
B
Explanation:
Incentives are given to managers for various reasons.
Some include :
to make the manager work hardto align the goals of the manager to that of the shareholdersYou open an individual retirement account (IRA) with a mutual fund and contribute $1,000 into the account each year. How much will be in the account after 20 years if the investment earns 7% annually
Answer:
The worth of the investment after 20 years = $40,995.5
Explanation:
The equal annual deposit can be worked out using the future value of an ordinary annuity formula.
The worth of the investment after 20 years can be worked out using the future value of an ordinary annuity.
An an annuity is a series of equal cash flows receivable or payable for certain number years.
Future Value of an ordinary annuity (FVOA). The represents the total sum of that would accrue where a series of annual cash flow (each occurring at the end of the year) is compounded at a particular rate. It can be determined as:
FV= A × ( (1+r)^n - 1)/r).
FV- Future value
A- annual cash flow
R- rate of interest
n-number of years
FV - ?
A- 100
r- 7%
n- 20
FV = 1,000× (1.07^20 - 1)/0.07 = 40,995.5
The worth of the investment after 20 years = $40,995.5
Thornton Industries began construction of a warehouse on July 1, 2018. The project was completed on March 31, 2019. No new loans were required to fund construction. Thornton does have the following two interest-bearing liabilities that were outstanding throughout the construction period: $6,000,000, 8% note $9,000,000, 3% bonds Construction expenditures incurred were as follows: July 1, 2018 $ 580,000 September 30, 2018 870,000 November 30, 2018 870,000 January 30, 2019 810,000 The company’s fiscal year-end is December 31. Required: Calculate the amount of interest capitalized for 2018 and 2019.
Answer:
interest capitalized during 2018 = $29,000
interest capitalized during 2019 = $14,000
Explanation:
current outstanding liabilities:
$6,000,000, 8% note
$9,000,000, 3% bonds
construction related expenditures:
July 1, 2018 $580,000
September 30, 2018 $870,000
November 30, 2018 $870,000
January 30, 2019 $810,000
interest capitalized for 2018:
July 1, 2018 $580,000 x 6/12 = $290,000
September 30, 2018 $870,000 x 3/12 = $217,500
November 30, 2018 $870,000 x 1/12 = $72,500
total weighted accumulated expenditures = $580,000
weighted interest rate:
$6/$15 x 8% = 3.2%
$9/$15 x 3% = 1.8%
total weighted interest = 5%
interest capitalized during 2018 = $580,000 x 5% = $29,000
interest capitalized for 2018:
January 1, 2019 $580,000 x 3/12 = $145,000
January 30, 2019 $810,000 x 2/12 = $135,000
total weighted accumulated expenditures = $280,000
interest capitalized during 2019 = $280,000 x 5% = $14,000
High levels of inventory hide problems within a production system. Some of the problems that high inventory hide are quality problems, process downtime, scrap, and late deliveries. Group of answer choices
Answer: True
Explanation:
It should be noted that having an excess inventory can result into degradation and poor quality goods. This is because there are usually low inventory turnovers when there are high levels of inventory.
Therefore, the option that some of the problems that high inventory hide are quality problems, process downtime, scrap, and late deliveries is true.
The strategy that a firm chooses dictates such structural elements as the division of tasks, the need for integration of activities, and authority relationships within the organization. This implies that
Answer:
Structure follows strategy.
Explanation:
It is correct to say that the organizational structure follows strategy, that is, the organizational structure must be fully planned and developed according to what supports the tactical and operational action plans that will help the company to achieve its objectives and goals foreseen in the company's planning. strategy.
It is essential that the company has a physical, communication and decision-making structure in line with its strategy. Because an organization is a set of integrated systems with a common goal, therefore each element of a company must be aligned and integrated so that its needs are met and it is possible to achieve efficiency, financial advantages and a good competitive position in the market.
For a business, profit can be defined as
(a) the total cost of production and the scarcity of a product.
(b) the difference between scarcity and total revenues.
(c) the total revenues from buyers and stockholders.
(d) the difference between the total cost of production and the total revenues received from buyers.
Answer:
C
Explanation:
The total revenues from buyers and stock holders.