global functional structures are primarily used by small firms with highly decentralized systems. true false
Answers
Small businesses with highly decentralized systems are more likely to employ global functional structures.
What qualifies as a global functional division?Division of Global Function
Product orientation is secondary for businesses adopting a global function division structure, which is primarily used to organize operations globally based on function. Due to a lack of integration between manufacturing and marketing, managing several product lines can be difficult.
An large communication network is necessary. Duplicate information systems must be removed in a global organization to promote organizational efficiency.
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Related Questions
Fair value changes are not recognized in the accounting records. b. Financial information is presented so that investors will not be misled. c. Intangible assets are amortized over periods benefited. d. Agricultural companies use fair value for purposes of valuing crops. e. Each enterprise is kept as a unit distinct from its owner or owners. f. All significant post-balance-sheet events are disclosed. g. Revenue is recorded when the product is delivered. h. All important aspects of bond indentures are presented in
Answers
Answer:
a. Historical Cost Principle = All the assets are recorded at their historical cost except the short term investments.
b. Full Disclosure Principle = All the details of the financial conditions of the company shall be stated properly.
c. Expense recognition principle = All expenses shall be recorded properly, and the cost of intangible assets shall be charged as expense during its useful life as amortisation expense.
d. Industry practice and fair value principle = As stated in (a) also, all short term investments shall be valued at fair value, as crops are their stock it is an industry practice in agricultural sector to record crops at fair value.
e. Economic Entity assumption = The owner of a business and that his business are two different legal persons, as income of business is computed and assessed separately and that the income of the owner is assessed separately.
f. Full Disclosure Principle = As there is a time gap in closing the actual financial year on 31 December and preparing the balance sheet, several transactions which are considered to be of important aspect for the people concerned are disclosed in the balance sheet as events after the balance sheet but before the reporting date.
g. Revenue Recognition principle = Revenue shall only be recorded when the entire risk is transferred to the buyer, and that only the payments are left to be received.
h. Full Disclosure Principle = Again all the financial statements shall disclose all the material facts as for investors interests the full disclosure principle is followed.
Explain the functions of a trade union. (6)
Answers
Answer:
Trade unions will organize strikes and demonstrations on behalf of worker demands. Fight for social welfare for workers. Promote and advocate for education and proper training for workers. Advocate and fight the government for legislative protection for workers.
Answer:
the functions of a trade union:
i. Increasing Co-operation and Well-being among Workers
ii. Securing Facilities for Workers
iii. Establishing Contacts between the Workers and the Employers
iv. Trade Unions working for the Progress of the Employees
v. Safeguarding the Interests of the Workers
vi. Provision of Labor Welfare
Hope it helps!!!
a financial instrument that allows a person to buy shares of an organization's stock at a certain price during a certain period defines a(n) ______.
Answers
The financial instrument that allows a person to buy shares of an organization's stock at a certain price during a certain period is called an "option."
The financial instrument that allows a person to buy shares of an organization's stock at a certain price during a certain period is called an "option."
An option is a contract between two parties, the buyer (holder) and the seller (writer), that grants the buyer the right, but not the obligation, to purchase or sell a specified number of shares at a predetermined price, known as the strike or exercise price, within a specified timeframe.
There are two types of options: call options and put options. A call option gives the holder the right to buy shares, while a put option gives the holder the right to sell shares. The predetermined period during which the option can be exercised is called the "expiration date."
Options provide investors with flexibility and the potential for profit by allowing them to take advantage of price movements in the underlying stock. They can be traded on exchanges and used for various purposes, including hedging, speculation, or generating income through options trading strategies.
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9.When brainstorming to generate ideas, you shoulda.critique each idea as it comes up.b.record ideas without judging them.c.always work alone for greater efficiency.d.allow no more than five ideas to be discussed.
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When brainstorming to generate ideas, you should record ideas without judging them.
The process of brainstorming involves the group members speaking out their initial thoughts on how to achieve the goal they were formed to achieve. It stands for the initial phase of the group's search for a solution to the major issue. There is no need to criticise any of those suggestions as long as they are mentioned because they will all work together to assist solve the problem. It should be decided which team member will be in charge of writing down those suggestions for later analysis.
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when setting a budget you should consider....
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Is there an ethical issue in this situation? Discuss. (after posting your answer, respond to one other post meaningfully).(Hint: see Exhibit 1-7, AMA Ethical values on page 26 of the Textbook to answer the above. Can you point out 2 relevant AMA value(s) that might have been violated in the above situation?)
Answers
Answer:
Explanation:
The American Marketing Association commits itself to promoting the highest standard of professional ethical norms and values for its members (practitioners, academics and students). Norms are established standards of conduct that are expected and maintained by society and/or professional organizations. Values represent the collective conception of what communities find desirable, important and morally proper. Values also serve as the criteria for evaluating our own personal actions and the actions of others. As marketers, we recognize that we not only serve our organizations but also act as stewards of society in creating, facilitating and executing the transactions that are part of the greater economy. In this role, marketers are expected to embrace the highest professional ethical norms and the ethical values implied by our responsibility toward multiple stakeholders (e.g., customers, employees, investors, peers, channel members, regulators and the host community).
Ethical Norms
As Marketers, we must:
Do no harm. This means consciously avoiding harmful actions or omissions by embodying high ethical standards and adhering to all applicable laws and regulations in the choices we make.
Foster trust in the marketing system. This means striving for good faith and fair dealing so as to contribute toward the efficacy of the exchange process as well as avoiding deception in product design, pricing, communication, and delivery of distribution.
Embrace ethical values. This means building relationships and enhancing consumer confidence in the integrity of marketing by affirming these core values: honesty, responsibility, fairness, respect, transparency and citizenship.
Ethical Values
Honesty – to be forthright in dealings with customers and stakeholders. To this end, we will:
Strive to be truthful in all situations and at all times.
Offer products of value that do what we claim in our communications.
Stand behind our products if they fail to deliver their claimed benefits.
Honor our explicit and implicit commitments and promises.
Responsibility – to accept the consequences of our marketing decisions and strategies. To this end, we will:
Strive to serve the needs of customers.
Avoid using coercion with all stakeholders.
Acknowledge the social obligations to stakeholders that come with increased marketing and economic power.
Recognize our special commitments to vulnerable market segments such as children, seniors, the economically impoverished, market illiterates and others who may be substantially disadvantaged.
Consider environmental stewardship in our decision-making.
Fairness – to balance justly the needs of the buyer with the interests of the seller. To this end, we will:
Represent products in a clear way in selling, advertising and other forms of communication; this includes the avoidance of false, misleading and deceptive promotion.
Reject manipulations and sales tactics that harm customer trust.
Refuse to engage in price fixing, predatory pricing, price gouging or “bait-and-switch” tactics.
Avoid knowing participation in conflicts of interest.
Seek to protect the private information of customers, employees and partners.
Respect – to acknowledge the basic human dignity of all stakeholders. To this end, we will:
Value individual differences and avoid stereotyping customers or depicting demographic groups (e.g., gender, race, sexual orientation) in a negative or dehumanizing way.
Listen to the needs of customers and make all reasonable efforts to monitor and improve their satisfaction on an ongoing basis.
Make every effort to understand and respectfully treat buyers, suppliers, intermediaries and distributors from all cultures.
Acknowledge the contributions of others, such as consultants, employees and coworkers, to marketing endeavors.
Treat everyone, including our competitors, as we would wish to be treated.
Transparency – to create a spirit of openness in marketing operations. To this end, we will:
Strive to communicate clearly with all constituencies.
Accept constructive criticism from customers and other stakeholders.
Explain and take appropriate action regarding significant product or service risks, component substitutions or other foreseeable eventualities that could affect customers or their perception of the purchase decision.
Disclose list prices and terms of financing as well as available price deals and adjustments.
Which is not a task of the bankruptcy trustee?
ensures that the debtor begins repayment
gathers the debtor's funds in excess of exemptions
monitors the progress of a bankruptcy case
represents the debtor when meeting with the creditors
Answers
Answer:
The option which is not a task of the bankruptcy trustee is;
Represent the debtor when meeting with creditors
Explanation:
In a case of bankruptcy a bankruptcy trustee is assigned by the court and to whom the case information is handed to perform the following tasks
1) Converts the collected company assets to money
2) Assess the creditors (owed by the debtor) proof of claims
3) Allocate monetary refunds to the creditors
4) Upholds or refuse claimants to specific debts
5) Completes tax and other financial reports that are submitted to government agencies
Answer:
Which is not a task of the bankruptcy trustee? That would be: Represents the debtor when meeting with the creditors.
Explanation:
Why? Because he is not a lawyer. He wouldn't really be able to do much in court.
Marketing segmentation is one of the easiest aspects of marketing.
true or false
Answers
Answer:
false
Explanation:
I THINK IT'S FALSE OK?! I'm a straight B student, if that's enough proof LOL
Why does the U.S. have a higher medical error rate than other
OECD countries?
Answers
The United States has a higher medical error rate than other OECD countries due to several reasons. The following are some of the one of the main reasons for medical errors in the United States is the workload on medical professionals.
They are overworked, and the number of patients they have to attend to is usually high. When medical professionals are exhausted, there is a high possibility that they might make errors in their treatments. Lack of Coordination: Another factor responsible for medical errors is the lack of coordination between healthcare professionals.
Patients usually get referred from one doctor to another. When there is no coordination between these doctors, there is a high probability that the diagnosis and treatment of the patient might be incorrect. Insufficient Training: Most times, medical professionals are not properly trained.
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a $50 coat marked down from $100 can seem like a better deal to stephanie than the same coat priced regularly at $50. this best illustrates the importance of
Answers
The answer to this question is the concept of perceived value.
Perceived value is the worth or value a customer attributes to a product or service based on their own personal beliefs, experiences, and perceptions. In this case, Stephanie perceives the $50 coat marked down from $100 as a better deal than the same coat priced regularly at $50 because of the perceived value she places on the markdown. She believes that she is getting a higher value product for a lower price, even though the actual value of the product may not have changed.
This illustrates the importance of understanding the concept of perceived value in marketing and sales. Companies need to be aware of how customers perceive the value of their products and services and adjust their pricing strategies accordingly. By offering discounts and sales, companies can increase the perceived value of their products and incentivize customers to make a purchase.
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who thinks i might be attractive lol
Answers
Answer:
what
I don't get what do u mean
Answer:
I think all human beings have their own little uniqueness and b beauty.
Explanation:
How much is 6500 Usd in GBP?
Answers
6500 United States Dollars (USD), on converting will be 5418.37 British Pound Sterling (GBP)
The Pound Sterling(GBP) is the money utilized in the United Kingdom, while the US Dollar (USD) is the cash utilized in the US. Transformation rates between various monetary forms change day to day, so checking the ongoing rate prior to making a conversion is significant.
One method for deciding the transformation pace of Pound Sterling to US dollars is to take a gander at the conversion standard, which is the cost at which one cash can be traded for another. This conversion is not entirely set in stone by the organic market, as well as different factors, for example, loan fees and expansion.
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the condition in an economy that makes a "rationing device" a necessity is:
Answers
The condition in an economy that makes a "rationing device" a necessity is when there is scarcity, or limited resources, and an excess demand for those resources.
In this situation, a rationing device is needed to allocate the scarce resources among competing individuals or groups. Rationing devices can take many forms, such as prices, waiting lists, lotteries, or government quotas. The goal of a rationing device is to ensure that the available resources are allocated in a fair and efficient manner.
The condition in an economy that makes a "rationing device" a necessity is scarcity. Scarcity occurs when resources are limited, and there is not enough to satisfy everyone's wants and needs. A rationing device is a method used to allocate these scarce resources among competing demands, ensuring an efficient distribution of resources and maintaining a balance in the economy.
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On January 15, the end of the first biweekly pay period of the year, North Company’s payroll register showed that its employees earned $32,000 of sales salaries. Withholdings from the employees’ salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. No employee earned > $7,000 in this first period. Prepare the journal entry to record North Company’s January 15 (employee) payroll expenses and liabilities.
Answers
Answer:
January 15, wages expense
Dr Wages expense 32,000
Cr Federal income taxes withheld 3,000
Cr FICA taxes (OASDI) withheld payable 1,984
Cr FICA taxes (Medicare) withheld payable 464
Cr Medical insurance payable 772
Cr Union dues payable 260
Cr Wages payable 25,520
Unemployment taxes, both FUTA and SUTA, are only paid by the employer, therefore, they are not included in this journal entry. The employer also contributes the same amount of FICA taxes as employees.
Who manages woolworths , is the manager actively involved in the desicions of the business , will the manger be able to make informed decisions?
Answers
Who runs the Woolworths supermarket and grocery chain is Roy Bagattini, who is the CEO of the group. According to research on the company, it is correct to say that the executive director is involved in the business decisions, since the managers of the other branches must align their decisions with those established by the CEO.
It is fair to say that as CEO of the Woolworths supermarket chain, the manager is able to make informed decisions based on his knowledge of the subsidiaries.
What are the functions of an executive director?It is the professional responsible for managing a company, being the highest hierarchical position, where there are great responsibilities in making decisions that will impact the success of the business.
Therefore, the CEO of the company must have communication skills developed to communicate clearly with the board of directors about the organization's needs, making the organizational planning and strategy aligned so that the goals and objectives stipulated in a period are achieved.
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economists reason that the optimal decision is to continue any activity up to the point where the part 2a.marginal benefit equals the marginal cost.b.marginal benefit is zero.c.marginal benefit is greater than the marginal cost.d.marginal cost is zero.
Answers
Economists reason that the optimal decision is to continue any activity up to the point where the part where marginal benefit equals the marginal cost. Thus, the correct answer is option A.
What is marginal benefit?The marginal benefit is a consumer's maximum willingness to pay for an additional commodity or service. It also refers to the extra pleasure or utility that a customer receives after purchasing the additional commodity or service. The marginal benefit of a good or service decreases as the consumer consumes more of it.
In the business world, the term "marginal revenue" refers to the manufacturers' marginal gain. A marginal benefit, also known as marginal utility, is the value of any additional unit purchased for consumption after the initial unit. Utility refers to a customer's level of satisfaction with the unit being consumed.
Therefore ,the optimal decision is to continue any activity up to the point where marginal benefit equals the marginal cost.
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during 20x1, a company reported an increase in the deferred tax liability account of $77,990, an increase in the deferred tax asset account of $35,325, and an income tax liability as per the 20x1 income tax return of $398,555. what is the income tax expense to be reported in the income statement for the year ending december 31, 20x1?
Answers
The income tax expense to be reported in the income statement for the year ending December 31, 20x1 will be $ 441,220. Hence, option (b) will be regarded as the suitable answer.
Give a brief account on deferred tax liability.A deferred tax liability for any taxes that are owed but won't be paid until a later date is shown on a company's balance sheet. The discrepancy in time between when the tax was accrued and when it is required to be paid has caused the liability to be delayed. It might, for instance, show a taxable transaction, like an installment sale, that occurred on a specific day but the taxes aren't payable until a later time. The future tax payment that a firm is required to make is represented by the deferred tax liability on its balance sheet. The difference between the company's taxable income and accounting earnings before taxes is multiplied by the anticipated tax rate for the business.
To solve :
Description $
income tax liability 398555
Add: deferred tax liability 77990
476545
Less: An increase in deferred tax asset - 35325
Amount to be booked as
expenses in current year 441220
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The complete question is mentioned below:
During 20X1, a company reported an increase in the deferred tax liability account of $77,990, an increase in the deferred tax asset account of $35,325, and an income tax liability as per the 20X1 income tax return of $398,555. What is the income tax expense to be reported in the income statement for the year ending December 31, 20X1?
A) $398,555
B) $441,220
C) $511,870
D) $285,555
please please.pleas help me
What are the advantages and disadvantages of consulting
NO LINKS!!!
Answers
Answer:
Advantages of Being a Consultant:
You can learn many skills
Consulting allows you to build a powerful network
You get responsible tasks from the beginning
Perfect if you like to travel
You learn to work with the latest technologies
You can work in project teams
Consulting allows you to see many new things
You can work with many clients
Continuous training
You can work with other motivated people in consulting
Consulting teams support each other
You work on demanding projects
Good for your CV
You learn how to deal with stress
Consultants can earn pretty good money
Great exit options
You can work on many projects
Consulting never gets boring
Explanation:
Disadvantages of Being a Consultant:
Pressure in consulting can be high
Strict deadlines are a problem
You will be pushed to your boundaries
Consulting can imply working long hours
You may be away from home during the week
Being a consultant can be lonely
Some people develop mental issues
No real work-life balance
Problematic in case you have children
You have to represent the company
Many of your colleagues will leave
Insecurity regarding what comes next
Great swings in workload
Unsatisfying outcomes
Success greatly depends on the project manager
How does the availability of economic resources in conjunction with the law of diminishing returns affect an entrepreneur's decisions?
Answers
Answer: A
Explanation:
According to the law of diminishing returns, the increase in output that results from adding a production factor is smaller. The law of diminishing returns aids the business in determining the ideal amount of output in production. This is so that the producer can determine whether or not the output has reached its maximum potential.
Why is the law of diminishing returns important?Because economists anticipate that a firm's short-run marginal cost curves would slope upward as the number of output units rises, the law of diminishing returns is significant because it forms part of the theoretical framework.
According to the economic theory known as the law of diminishing returns, as an investment in a certain area rises, the rate of profit from that investment can no longer rise if other factors remain constant after a certain point.
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Check my work (2 remaining) vladimir is a manager at auttowort inc., an automotive plant in the united states. Auttowort has started expanding to other countries and is now sourcing 25 percent of its parts at a discounted rate from an automotive supplier in brazil. It has also outsourced some of its operations to india. This scenario most likely exemplifies:
Answers
Answer:
Globalization
Explanation:
Globalization can be defined as a process of integration and/or interaction between people, governments and companies all over the world. It can also be said to be the process by which people, companies or governments develops international influence.
Like the definition above, Auttowort Inc. is expanding to other countries(i.e Auttowort is starting to grow its influence in the other countries), as well as sourcing for materials from Brazil and India.
Cheers
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Answers
Donald is a business development executive in a big retail company based in Omaha. His company now wants to expand and has sent Donald as their representative. Donald is also authorized to deal and negotiate with different vendors directly and in his own capacity. What role is Donaldplaying as per the contract law?
Answers
Answer:
C. Agent
Explanation:
Agent Law- the agent deals with third parties on behalf of the company in a contract and the company defines the control an agent can exert
Indicate the principal effects of a stock dividend versus a stock split on the issuing corporation. Respond in the spaces as follows: "C" for change; "NC" for no change.
Stock Dividend Stock Split
Number of Shares Outstanding _________ _________
Par Value per Share _________ _________
Total Par Outstanding _________ _________
Retained Earnings _________ _________
Total Stockholders' Equity _________ _________
Composition of Stockholders' Equity _________ ________
Answers
The answers for the [principal efects of stocks are given in the space that we have below
What are the effects of stocksStock Dividend Stock Split
Number of Shares Outstanding C C
Par Value per Share NC C
Total Par Outstanding NC C
Retained Earnings NC NC
Total Stockholders' Equity NC NC
Composition of Stockholders' Equity NC NC
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an offer that can only be accepted by an offere's performance creates a(n) __________________________ contract
Answers
Answer: unilateral contract
Explanation:
An unilateral contract is a contact that is formed when an individual offers to do a particular thing in return for either money or something else that was agreed on.
Once such individual does that thing, he or she has to be given what was agreed on in the contract. A typical example is the contact regarding an insurance policy.
Therefore, an offer that can only be accepted by an offere's performance will create a unilateral contact.
What is something that quantitative research won't tell you?
A. A company's annual earnings
B. A company's stock performance over the past five years
C. How happy a company's employees are
D. When a company went public
Answers
The findings that quantitative research won't tell you is "When a company went public."
This is because quantitative research measures the situation in value using numbers analysis
Usually, quantitative research analyzes numerical data to conclude.
Options A, B, and C can be measured on numerical scales, in which the conclusion can be reached.
However, option D is just a date; it cannot be analyzed with quantitative research analysis.
Hence, in this case, it is concluded that the correct answer is option D. "When a company went public."
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Answer:
c
Explanation:
took the test
____ is the measure of how long a product last
Answers
Answer:
This can be a varied answer, what are the options?
Explanation:
Answer: Consumability
Explanation:
You estimate your annual revenue to be 50,000 + 20,000y, where y is the number of years in business. What is your estimated revenue in 5 years?
Answers
Answer:
D.) 150,000
Explanation:
Multiply 20,000 by 5 =100,00 then add 50,000
TRUE OR FALSE: A mathematics professor at a university would fall under both the Education and Training career cluster and the STEM career cluster.
Answers
Explanation: none
When dealing with credit cards, it is important to know your card’s _______________.
Answers
it is important to know your credit card pin
The people who are working for and supporting a company's success are also known as what?
A. Sales leads
B. Prospects
C. Authoritative managers
D. Human resources
Answers
Answer:
D. Human resources
Explanation:
Human resource is the term that describes the people who work for an organization, business, or industry. The term human resource describes the employees, workforce, or personnel in a company.
Human resource contributes different skills and talents to a business making it succeed. Anybody who to trade their labor, energy, skills, knowledge, or time for compensation to grow an organization is a human resource. Part-time workers, full-time employees, contractors, and freelancers are all considered human resources in a company.
Answer:
D. Human Resources
Explanation:
Edg2020 quiz