Rovermand Corporation is a small organization in which each member of the company is clear about his or her responsibility and whom he or she must report to. The best feature of the organization is the quick decision making, owing to its simple and direct chain of command. In the context of organization models, Rovermand Corporation is a _____ organization.

Answers

Answer 1

Answer: Line

Explanation:

Line organization is defined as an organization where the basic framework for the organization is well spelt out, addressing the roles of the employees, from the top to the least, and to whom each reports to. It is the simplest and oldest pattern for organization framework and it's also known as chain of command or scalar principle. Rovermand Corporation operates in a line organization pattern.


Related Questions

Expensive department stores market service and atmosphere while less expensive stores market location and perceived lower prices or credit (check cashing services). This is characteristic of _______________________ .

Answers

Answer: Monopolistic competition

Explanation:

Monopolistic competition is described as a competition between firms where they offer similar services but not the same or exact services. This competition is seen in industries where differentiation is possible, example of such industries are restaurant, hairdressers, clothing, TV programs.

How much does one need to have to open a bank​

Answers

Do you mean a bank account or a literal bank?

Addams Corporation paid cash dividends totaling $75,000 during its most recent fiscal year. How should this information be reported on Addam's statement of cash flows?In operating activities as a source of funds.In investing activities as a source of funds.In financing activities as a source of funds.In investing activities as a use of funds.In financing activities as a use of funds.

Answers

Answer:

The answer is E. In financing activities as a use of funds.

Explanation:

In cash flow, to be a source of fund means there is cash inflow i.e cash is coming in to the business and to be a use of fund means there is cash outflow i.e cash is going out of the business the business.

Also in cash flow, we have three sections - operation, investing and financing sections.

For cash flow from operating activities, use of fund or source of fund about how a business carries its normal activities are important here.

Cash flow from investing activities is about long term Investment the company is engaging on e.g sale or Purchase of machinery.

Cash flow from financing activities is about how the company is funding the business or how the firm is repaying its shareholders for using their fund e.g payment of dividends(use of fund i.e cash outflow)

A representative from AT&T called Dr. Michaels after he switched to its new U-verse telephone system. The firm wanted to make certain he was satisfied and asked if he had any questions concerning his new service. This is an example of ________ call.

Answers

Answer: follow up call

Explanation:

From the question, we are informed that a representative from AT&T called Dr. Michaels after he switched to its new U-verse telephone system and that the firm wanted to make certain he was satisfied and asked if he had any questions concerning his new service.

The above is a follow up call. A follow up call is a call that is made after a transaction has taken place or previous enquiry regarding a product has been made in order to know the latest about the product.

Suppose that Paolo divorces Sharon and leaves the family without paying alimony or child support. Sharon must now support her two children alone,
so she begins working full time and earns a total of $16,000. Are Sharon and her children living in poverty?

O Yes

O no

Answers

Answer:

yes, based on chart and the number of children. her income level is well bow poverty. if you multiple the number in household under 65 related the income level should be well above 16000

Land is purchased for $256,000. Additional costs include a $15,300 fee to a broker, a survey fee of $2,400, $1,750 to construct a fence, and a legal fee of $8,500. What is the cost of the land

Answers

Answer:

The answer is $282,200

Explanation:

The cost of an asset includes the purchase price (cost of acquisition) and the cost neccessary to bring it usage.

For example, for cost of acquiring a machinery, the purchase price minus any trade discount plus cost of transportation, plus any tax paid on acquisition plus cost of installation etc.

But for the acquisition of land, all the cost except the cost of fence of the land will be considered.

So we have:

Purchase price. $256,000

Broker's fee. $15,300

Survey fee. $2,400

Legal fee $8,500

Cost of the land. $282,200

"A client surrenders a variable annuity contract 5 years after purchase because of poor performance. The customer invested $50,000 and redeemed it when the NAV was $40,000, however the customer only received $37,000 because a $3,000 surrender fee was imposed. The tax consequence is:"

Answers

Answer:  D. $10,000 deductible ordinary loss and $3,000 non-deductible loss

Explanation:

Should a person surrender a variable annuity early, their cost basis will be  the amount they invested to get the annuity and the redemption amount will be considered as sales proceeds. If the sales proceeds are less than the cost basis, this is a loss and will be treated as a deductible ordinary loss.

The surrender fee will not however be treated as an deductible loss meaning that in this case $3,000 would be a non-deductible loss and $10,000 would be a deductible ordinary loss.

Bank laying down norms for bank is : SBI, RIB, RBI or RBG

Answers

Answer:

The answer is "RBI"

Explanation:

The RBI was formed in 1935, to comply only with RBI Act, it is also known as the central bank of India, throughout order to generate financial security in India, it implements fiscal policy, as well as regulates its exchange rates and higher compensation of the whole nation.  

Its primary goal will also consist of monitoring India's separate bank operations in the money markets. Its primary focus also is on the publisher of new bills. It has been developed to be the bank of a bank manager as well as the state bank.

In the cartel model Group of answer choices firms believe that price increases result in a very elastic demand, while price decreases result in an inelastic demand for their products. each firm acts as a price taker. one dominant firm takes the reactions of all other firms into account in its output and pricing decisions. firms coordinate their decisions to act as a multiplant monopoly.

Answers

Answer:

firms coordinate their decisions to act as a multi-plant monopoly..

Explanation:

A cartel is a group of countries or firms that have reached an agreement to work together in order to influence or decide market prices for goods and services by controlling sales and the level of production or quantity of output.

In the cartel model firms coordinate their decisions to act as a multi-plant monopoly, wherein the level of production or quantity of output is divided into many production plants.

The main purpose of having the cartels do this is to make marginal cost (MC) equal to marginal revenue (MR) in the various production plants, so as to create monopoly profits by making sure each plant has its own cost.

sun inc factors 2,000,000 of its accounts receivables withou recourse for a finance charge of 5%. the company retains equal to 10% of the accounts recevable for possible adjustments. sun estimates of the recourse liabilitty at 75,000. What would be recorded as gain or loss on the transfer of receivables?

Answers

Answer:

$100,000

Explanation:

Calculation for What would be recorded as gain or loss on the transfer of receivables

Account receivable 2,000,000

Less Cash 1,700,000

(2,000,000*85%)

Due from Factor account 200,000

(2,000,000*10%)

Loss on sales of receivable $100,000

Therefore What would be recorded as gain or loss on the transfer of receivables will be $100,000

Suppose that the current exchange rate between the dollar and peso is $1 equals 10 pesos. If a firm in Mexico wanted to purchase $100,000 worth of U.S. televisions, how many pesos must they exchange? Question 39 options: A) 1,000,000 pesos B) 10,000 pesos C) 11,000,000 pesos D) 100,000 pesos

Answers

Answer:

A) 1,000,000 pesos

Explanation:

The computation of the number of pesos must they exchange is shown below:

= Worth of U.S televisions × number of pesos

= $100,000 × 10 pesos

= 1,000,000 pesos

We simply multiplied the worth of U.S televisons with the number of pesos so that the number of pesos exchange could come and the same is to be considered

The ________ is a job analysis method that depends on a panel of experts to determine the standards that need to be met by an ideal worker.

Answers

Answer:

Panel of experts

Explanation:

For analyzing the job in the correct way, the expert panels are equally important. Expert in this mean who has perfect in his or her area or specialization that contains sufficient knowledge and skills

Different jobs have different experts that are required time to time

Its motive is to analyze the job in a correct and right way

Also, it determines that the standards of an organization are met or not by an ideal worker

An arrangement where a property developed by the seller is sold to a buyer. The seller retains occupancy of the premises by signing a lease with the buyer. The seller, now the tenant, pays taxes, utilities, insurance and operating costs. This is called a ___________. This is a common practice for Walmart and Rite-Aide and many other businesses Group of answer choices sale rental agreement net lease investment lease-purchase option nome of the other answers

Answers

Answer:

B. net lease investment

Explanation:

The net lease investment is a type of commercial real estate arrangement where the tenant of a property is expected to pay rent along with either taxes, insurance, and maintenance. There are different types of net lease agreements. We have the;

1. Single net lease agreement where the tenant is expected to pay rent along with property taxes. The landlord pays for the operating costs of the property.

2. Double net lease agreements where the tenant, also known as lessor pays the rent, property taxes, and insurance. The landlord pays for the operating costs.

3. The triple net lease agreements where the tenant pays the rent, property insurance, and taxes, as well as the operating costs of maintenance.

Most businesses in the United States such as FedX, McDonald's, Walmart, and many others use this kind of real estate arrangement.

_______________________ is a desirable property of transactions that ensures that once a transaction is committed its results should persist, even if there is a subsequent system failure. Atomicity Concurrency Durability Serializability\

Answers

Answer:

Concurrency is a desirable property of transactions that ensures that once a transaction is committed its results should persist, even if there is a subsequent system failure.

Explanation:

If Sheridan Company issues 7500 shares of $10 par value common stock for $375000, the account Paid-in Capital in Excess of Par Value will be credited for $75000. Common Stock will be credited for $75000. Cash will be debited for $300000. Paid-in Capital in Excess of Par Value will be credited for $375000.

Answers

Answer:

Common Stock will be credited for $75000

Explanation:

The journal entry to record the issuance of the common stock is shown below:

Cash Dr  $375,000

    To Common stock (7,500 shares × $10) $75,000

    To Additional paid in excess of par value - common stock $300,000

(Being the issuance of the common stock is recorded)

For recording this we debited the cash as it increased the assets and credited the common stock and additional capital as it increased the equity  

Data for Shelby Company for the current year is as follows: Sales Revenue $10,000 Cost of Goods Sold: Beginning Merchandise Inventory $3,000 Net Cost of Purchases 7,000 Cost of Goods Available for Sale 10,000 Less: Ending Merchandise Inventory 2,000 Cost of Goods Sold 8,000 Gross Profit $2,000 Assume that the ending Merchandise Inventory was accidentally overstated by $500. What are the correct amounts for Cost of Goods Sold and Gross Profit?

Answers

Answer:

$8,500 and $1,500

Explanation:

The computation of the corrected amount for the cost of goods sold and the gross profit is shown below:

Since the ending inventory is overstated by $500 that means it is extra added so we deduct this amount from the ending inventory i.e

= $2,000 - $500

= $1,500

Now the cost of goods sold is

= Sales revenue - ending inventory

= $10,000 - $1,500

= $8,500

And, as we know that

Gross profit = Sales revenue - the cost of goods sold

= $10,000 - $8,500

= $1,500

Which husband and wife team conducted time and motion studies, worked for General Electric to develop foot-pedal trash cans and redesign shelves in refrigerators, and had their lives documented in the book Cheaper By the Dozen

Answers

Answer:

Lillian and Frank Gilbreth.

Explanation:

Lillian and Frank Gilbreth are the husband and wife team that conducted time and motion studies, worked for General Electric to develop foot-pedal trash cans and redesign shelves in refrigerators, and had their lives documented in the book Cheaper By the Dozen.

They coined the word "Therblig" in order to identify the basic elements of human activity and motion in the study of time and motion which is typically aimed at improving the productivity and efficiency of workers while reducing fatigue simultaneously.

• risk free rate: 1.75%
• expected rate of return for the market: 9.5%
• Beta of VZ (you need to research this factor)
• VZ total debt, interest and shares issued can be found in VZ financial statements
• assume market value of all debt is 100% of face(par) value.
• tax rate is 20%
• VZ stock price: $55
• initial investment: 4,500,000
• year 1 cash flow: 1,100,000
• year 2 cash flow: 1,200,000
• year 3 cash flow: 1,350,000
• year 4 cash flow: 1,550,000
• year 5 cash flow: 1,750,000
BASED ON THIS INFORMATION CALCULATE THE FOLLOWING
1. cost of equity
2. after tax cost of debt
3. weighted average cost of capital (WACC)
4. net present value of the investment (NPV)
5. internal rate of return of the investment (IRR)
6. payback period of the investment

Answers

Answer:

lol fizzy shook purl p GTG j he

A broker from Nebraska wants a license in Florida. He takes a written exam of 40 questions and passes 35 of them. The broker has taken advantage of the written agreements between the states for real estate licensing. This is an example of:

Answers

Answer:

A mutual recognition agreement between the states of Florida and Nebraska, created for real estate licensing.

Explanation:

A mutual recognition agreement is defined as a situation where 2 more countries recognise conformity examination results of each other. So a person that writes an examination and passes in one location can get a liscence in another country based on his exam results.

In the given scenario a broker from Nebraska wants a license in Florida. He takes a written exam of 40 questions and passes 35 of them.

After passing the exam he is able to obtain a real estate liscence in Florida.

This is an example of Mutual recognition agreement between Nebraska and Florida.

Comparative advantage is Question 13 options: the ability to produce all goods at lower costs than anyone else can. the ability to produce a good at a lower opportunity cost than other producers. the ability to produce more output from given inputs than another producer can. the ability to produce more output of all goods than any

Answers

Answer: the ability to produce a good at a lower opportunity cost than other producers

Explanation: In other to clearly understand or grasp the definition or meaning of comparative advantage, the term opportunity cost should be understood. Opportunity cost simply means the benefit which one forfeits or losses when one chooses a certain option over the other. Comparative advantage is possessed by a certain seller or economy who is capable of selling his goods at a lower opportunity cost than its competitors. Thus, the comparative advantages weighs the size or amount of benefit forfeited or lost by sellers as a result of selling at a lower price. Thus the lower the opportunity cost, the better the comparative advantage.

An insurance company estimates its objective risk for 10,000 exposures to be 10 percent. Assuming the probability of loss remains the same, what would happen to the objective risk if the number of exposures were to increase to 1 million? A) It would decrease to 1 percent. B) It would decrease to 5 percent. C) It would remain the same. D) It would increase to 20 percent.

Answers

Answer:

A) It would decrease to 1 percent.

Explanation:

Given that:

Objective risk for 10,000 exposures = 10%

The objective risk could be explained to mean the actual loss incurred within a given period. The objective risk also decreases as the sample increases, in this case as the number of exposure increases, the exposure risk decreases.

In th question above, with an exposure value of 10,000; objective risk is 10%

When the exposure increases to 1,000,000

(10,000 / 1,000,000) * 100%

0.01 * 100%

= 1%

The quantity of money has no real impact on things people really care about like whether or not they have a job. Most economists would agree that this statement is appropriate concerning Group of answer choices both the short run and the long run. the short run, but not the long run. the long run, but not the short run. neither the long run nor the short run.

Answers

Answer:

the long run, but not the short run.

Explanation:

Most people would like to earn a lot of money but it's unclear about the advantages of earning a large salary. They can afford more pleasures once they get rich, but a recent study indicates wealthier people seem to be less able to cherish the little things in life. Economist suggests that once reaching a threshold the quantity of money don't interest the people anymore but this is a case when wealth is acquired in a long period. People to fulfill their immediate goals gave significant importance to the quantity of money.

The U.S. Congress enacts a new federal statute that sets different standards for the liability of businesses selling defective products. This statute applies

Answers

The new federal statute i.e. different standards should be set out and there should be the liability for selling the defective products that should be applied to all the states.

The following information should be considered:

The new federal statute should be enacted in which the different standards should be set out.In this, there is the liability for selling out the defective products and this should be applied to all states as everyone should be treated equally so all states should be considered.

Therefore we can conclude that The new federal statute i.e. different standards should be set out and there should be the liability for selling the defective products that should be applied to all the states.

Learn more about the statute here: brainly.com/question/7692374

Lew's has 500 bonds outstanding with a price quote of 98.6. There are also 12,000 shares of common stock selling for $47 a share and 5,000 shares of preferred stock at $70 a share. What is the weight of equity

Answers

Answer:

$963300

Explanation:

Number of bonds = 500

Quote price of bond = 98.6

number of common stock shares = 12000

price of common stock share = $47

Number of preferred stock shares = 5000

price of preferred stock shares = $70

Calculate the weight of Equity

market value of bonds = 500 * 98.6 = $49300

market value of common stock = 12000 * 47 = $564000

market value of preferred stock = 5000 * 70 = $350000

therefore the weight of equity of Lew's

= value of bonds + value of common stock + value of preferred stock

= 49300 + 564000 + 350000 = $963300

The manufacturer of a certain engine treatment claims that if you add their product to your​ engine, it will be protected from excessive wear. An infomercial claims that a woman drove 6 hours without​ oil, thanks to the engine treatment. A magazine tested engines in which they added the treatment to the motor​ oil, ran the​ engines, drained the​ oil, and then determined the time until the engines seized. Complete parts ​(a) and ​(b) below. ​(a) Determine the null and alternative hypotheses that the magazine will test. Upper H 0​: mu equals 6 Upper H 1​: mu less than 6 ​(b) Both engines took exactly 11 minutes to seize. What conclusion might the magazine make based on this​ evidence? A. The​ infomercial's claim is not true. B. The​ infomercial's claim is true.

Answers

Answer: (a)Null hypothesis: [tex]H_0:\mu=6[/tex]

Alternative hypothesis: [tex]H_a:\mu<6[/tex]

(b) Conclusion: A. The​ infomercial's claim is not true.

Explanation:

Let [tex]\mu[/tex] be the mean number of hours drove without​ oil .

(a) Since the woman drove 6 hours without​ oil because of the engine treatment.

We expect that this is too high to drive without oil

So, the hypothesis in this case would be

Null hypothesis: [tex]H_0:\mu=6[/tex]

Alternative hypothesis: [tex]H_a:\mu<6[/tex]

(b) 11 minutes is much lower than 6 hours.

That means it supports the alternative hypothesis.

Conclusion: A. The​ infomercial's claim is not true.

Rashad consistently went above and beyond to meet his personal deadlines and to help other team members to ensure a recent product launch was completed on time. His manager was impressed and offered Rashad the opportunity for a coveted leadership position on the next generation product team. The manager's action is consistent with _______ justice. distributive restorative customary reparative frontier

Answers

Complete Question:

Rashad consistently went above and beyond to meet his personal deadlines and to help other team members to ensure a recent product launch was completed on time. His manager was impressed and offered Rashad the opportunity for a coveted leadership position on the next generation product team. The manager's action is consistent with _______ justice.

Group of answer choices.

A. restorative

B. customary

C. distributive

D. frontier

E. reparative

Answer:

Distributive.

Explanation:

In this scenario, Rashad consistently went above and beyond to meet his personal deadlines and to help other team members to ensure a recent product launch was completed on time. As a result of this, his manager was impressed and offered Rashad the opportunity for a coveted leadership position on the next generation product team. The manager's action is consistent with distributive justice.

Distributive justice can be defined as the just and fair allocation of resources among a large group of people. It is mainly focused on the use of discretion as opposed to administrative laws, policies or procedures.

Hence, Rashad was offered the much coveted position by his manager not because he was entitled to it by law but as a result of distributive justice being used by the manager.

The manager's action is consistent with distributive justice. Thus the option C is correct.

What is distributive justice ?

Distributive justice is the social allocation of resources. It is related to administrative laws and has been used in social sciences and psychology.

Distributive justice is of the 5 types equality, equity, power, need, and responsibility. As Rashad's manager offers him the opportunity to co0nvert the leadership position for the team of next-generation, his action is consistent with distributive justice.

Find out more information about Rashad.

brainly.com/question/5527001.

This question is incomplete.

The Complete Question:

Rashad consistently went above and beyond to meet his personal deadlines and to help other team members to ensure a recent product launch was completed on time. His manager was impressed and offered Rashad the opportunity for a coveted leadership position on the next generation product team. The manager's action is consistent with _______ justice.

Group of answer choices.

A. restorative

B. customary

C. distributive

D. frontier

E. reparative

Is a Truck driving on the highway is one of the sixteen careers taught in Texas. Yes or No​

Answers

Yes it is something taught in Texas

Listed below are selected line items from the Cost of Quality Report for Watson Products for last month.

Category Amount
Rework $725
Equipment maintenance 1,154
Product testing 786
Product repair 695

What is Watson's total prevention and appraisal cost for last month?

Answers

Answer:

$1,940

Explanation:

Prevention cots are the costs incurred before the actual production in the design and implementation phase to prevent problems associated with the quality of a product . Examples are the training and the development cost.

Appraisal cost are quality control cost incurred after production but before products are dispatched to the customers ,  meant to ensure that the products meet up with the required standard to satisfy customers need. Example are the testing and the inspection test.

The total prevention and appraisal cost for last month for Watson are

Prevention cost -

Equipment maintenance - 1,154

Appraisal cost

Product testing - 786

Total                     1,940

An HR manager asked every candidate during an interview to describe a situation in the past in which they had to display their leadership abilities even though they were not a formal leader, discuss what they did, and describe the result. This is an example of which external assessment method

Answers

Answer:

Situational interview.

Explanation:

In this scenario, an Human Resource (HR) manager asked every candidate during an interview to describe a situation in the past in which they had to display their leadership abilities even though they were not a formal leader, discuss what they did, and describe the result. This is an example of situational interview.

Situational interview can be defined as the process in which job applicants are made to describe or narrate how they acted in the past in a circumstance or conflict situation and how they were able to overcome the challenges.

Assume the U.S. government wants to hold the value of the dollar at​ $1.00 U.S. equals 120 Japanese​ yen, but it finds that the value of yen is appreciating against the U.S. dollar. What would be an appropriate policy to reverse this​ trend?

Answers

Answer: Buy U.S. dollars.

Explanation:

As the currency market is also controlled by the laws of supply and demand where an increase in demand increases price and a decrease in supply does the same, should the US want to increase the value of the dollar, they should buy more US dollars.

This action would increase the demand for the dollar while reducing the amount of dollars in the market. This will invariably lead to an increase in the price of the dollar all else equal.

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