What are formal structures designed for?
a. To support the strategic direction of the firm by enhancing efficiency and effectiveness
b. To clarify roles and responsibilities
c. To ensure accountability and oversight
d. To create a coherent organization chart
a. To support the strategic direction of the firm by enhancing efficiency and effectiveness
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A virtual corporation is likely to look for a capable supplier to produce a product that meets the specs laid out in the firm's marketing plan.
Answer the following statement true (T) or false (F)
How is the confidence element established in a Ponzi scheme?
a. By investing in prime bonds. b. By issuing notarized certificates. c. By paying returns to investors initially. d. By returning money to all investors.
The Linens Department of the Krafton Department Store had sales of $282,000, cost of goods sold of $173,500, indirect expenses of $19,875, and direct expenses of $41,250 for the current period. What is the Linens Department's contribution to overhead as a percent of sales?
What will be an ideal response?
How do gains and losses differ from revenues and expenses? How are they similar?
What will be an ideal response?