What is unity of command? How does the matrix structure violate this principle? Why?
What will be an ideal response?
or superior. The matrix structure combines the functional structure and either a product or project structure. Thus, the individual reports to both a department manager and a project manager. The matrix structure is viable due to its flexibility. It overcomes some of the problems associated with the functional structure, but it requires an extreme amount of coordination to ensure its success. It is not for every organization.
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Salmone Company reported the following purchases and sales for its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to cost of goods sold using LIFO. DateActivitiesUnits Acquired at CostUnits Sold at RetailMay 1Beginning Inventory170 units @ $12 5Purchase230 units @ $14 10Sales 150 units @ $2215Purchase110 units @ $15 24Sales 100 units @ $23
A. $3750 B. $3640 C. $3310 D. $3600 E. $3160
Which of the following is NOT true of your conclusion?
a. It should stick in the audience’s mind. b. It is just a reminder; it doesn’t affect what the audience retains. c. It should be striking. d. You use it to reinforce what you’ve already covered.
Which of the following is an example of an ad valorem tariff?
A) A 15% tariff on the value of a shipment of t-shirts B) A $10 tariff on each barrel of petroleum C) A 20% discount on the value of peaches delivered in October, November, or December D) None of the above
Given an exercise price, time to maturity, and European put-call parity, the present value of the strike price plus the price of the call option is equal to the:
A) current market value of the stock. B) present value of the stock minus the price of a put option. C) price of a put option minus the market value of one share of stock. D) value of a risk-free U.S. Treasury bill. E) price of the stock plus the price of the put option.