Why most of the larger businesses are not managed
Why most of the larger businesses are not managed as the single unit through one manager?
Expert
The three common reasons which are responsible are as follows:
a) Sheer volume of activity or number of employees employed makes it unfeasible for one person to administer them.
b) Several business operations might need specialized knowledge or expertise.
c) Geographical remoteness of portion of the business operations might make it more practical to administer each location as a separate section or set of separate sections.
The operating level at which the total sales revenue equals the total cost. Total sale revenue is equal to the price per unit times the number of units sold. Total cost equals total variable cost, the number of units sold in time the variable cost per unit and the tot
1) Dissolution ENDS the partnership. a) Action of the parties: • By the expiration of a fixed term;• If entered
What are the Insurance premium in Arrears?
describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making
What do you mean by the term SWOT analysis? Explain in brief?
Normal 0
Responsibility Segment: A noteworthy organizational, functional, operational, or process component that has the characteristics as: (i) Its manager reports to the entity's top management;
Write a brief note on the things which Opportunities comprises?
Value-Added Activity: An activity which is judged to contribute to customer value or gratify an organizational requirement. The characteristic "value-added" reflects a belief that the activity can’t be removed without decreasing
1. HulaHug Corp., which manufactures hula hoops, currently has two product lines, the Roundabout and the Sassafras. HulaHug has total overhead of $124,478. HulaHug has identified the following information about its overhead activity pools and the two
18,76,764
1939164 Asked
3,689
Active Tutors
1424022
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!