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iris
12 days ago
8

Which of the following is true of entrepreneurial organizational structures? Choose all that apply.

Business
1 answer:
Scilla [3.2K]12 days ago
7 0

The following statements are accurate:
<span>They feature a flat structure
A single leader makes the majority of decisions
Roles lack definition
</span>They are typical of small enterprises
In a structure typical of entrepreneurial businesses, the owner-manager generally is in charge of most decisions and takes on multiple roles within the business. He directly engages with the limited number of employees, often undertaking tasks that would typically be considered subordinate to a CEO in a large corporation. This is known as a flat organizational design.
Because of a smaller workforce, there is typically insufficient specialization, leading to generally undefined roles. Such characteristics are common in small businesses, especially those in early stages.
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Jane purchased a piece of equipment for $250,000 for use in her business. She incurred freight charges of $3,500, installation c
stepan [3001]

Answer: $36,000 loss

Explanation:

Initial cost = $250,000

Shipping fees = $3,500

Setup fees = $2,500

Annual maintenance = $5,000

Depreciation amount = $25,000

Proposed selling price = $200,000

Total costs involved = $(250,000 + 3,500 + 2,500 + 5,000)

Total costs involved = $261,000

Depreciation amount = $25,000

Equipment's book value = $261,000 - $25,000 = $236,000

Calculating gain/loss = Book value - selling price

Gain/loss = $236,000 - $200,000

$36,000 loss

4 0
27 days ago
Karen made a commission of $3,522.75 on the sale of a property. she split her commission equally with her broker which is 50% to
Mariulka [3175]

Karen dividió su comisión a partes iguales con su corredor, por lo que ella recibe:

Comisión de Karen = $3,522.75 × 0.5 = $1,761.375

El corredor de Karen se llevó el 55 % del total de la comisión, por lo que Karen obtiene solo el 45 % del total. Entonces, la comisión total debe ser:

Comisión total = $1,761.375 ÷ 0.45 = $3,914.17

Con una tasa del 7 %, el precio de venta del inmueble es:

Precio de venta = $3,914.17 ÷ 0.07

<span>Precio de venta = $55,917</span>

6 0
1 month ago
The Nature’s Sunshine natural supplement company decided to use Oracle’s CRM system to manage its many customers. Identify all o
Katen [2907]

Response:

The correct selections are options A and B

Clarification:

The CRM system refers to a system designed to collect and manage customer account data within a unified database and provide access through various networks such as intranet and internet. Thus, the involved components include data warehouses and databases, and it functions as a sophisticated analytical tool.

6 0
20 days ago
The document that lists the steps of the budget process is the
soldi70 [3139]
Data Aggregations
Development Budget
4 0
19 days ago
You deposit a $100 check from a friend in your account. A couple of days later, you buy $45.20 worth of groceries and pay with a
Nady [2956]

Answer:

The total comes to $121.2.

Explanation:

You went grocery shopping and paid with a check.

Cost of groceries: $45.20.

Your check bounced, resulting in a $25 fee from the bank due to insufficient funds in your account at the time of payment for groceries.

The bank also charged your account an additional $25 for the bounced check.

The grocery store notified you that you owed them a $25 fee because of the bounced check.

You will need to pay $45.20 again.

Money order cost: $1.

Therefore, your total grocery expenditure equals:

$45.20 (actual grocery cost) + $25 (owed to the bank for your friend's bounced check) + $25 (bank fee for bounced check) + $25 (fee charged by the grocery store for the bounced check) + $1 (money order)

= $121.20.

Thus, your actual outlay for groceries amounts to $121.20.

5 0
28 days ago
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