Assuming that Sabrina purchased the same product she tried, her best argument for returning the product for a refund would be: That Costco breached the covenant of good faith and fair dealing. Option b
What is covenant of good faith and fair dealing?In general, the obligation of good faith and fair dealing entails, among other things, that parties cannot, among other things, evade the spirit of the agreement, show negligence or procrastination, perform incorrectly on purpose, abuse their position of authority when defining the terms of a contract, or obstruct or refuse to cooperate in the performance of the other party.
Every contract immediately contains the implied covenant of good faith and fair dealing, which cannot be waived by the parties.
The idea of "implied covenant of good faith and fair dealing," which came into existence in the middle of the 19th century to prevent parties from taking unfair advantage of one another in contract negotiations, serves as the foundation for good faith negotiations in U.S. contract law.
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Sabrina goes to Costco to purchase food for her upcoming 4th of July party. While at Costco, she samples some of their frozen brie cheese appetizers, which a Costco employee takes out of the package and then cooks to show customers what the product is. Sabrina decides to purchase the item based on trying the sample. At her party, she notices that the product she purchased tastes extremely different and has a different cook time. Assuming that Sabrina purchased the same product she tried, what would be her best argument for returning the product for a refund?
That Costco breached an express condition
That Costco breached the covenant of good faith and fair dealing
That Costco breached a condition subsequent as she purchased the goods after trying a sample
That Costco breached the implied warranty of merchantability
song corp's stock price at the end of last year was $26.25 and its earnings per share for the year were $1.30. what was its p/e ratio? song corp's stock price at the end of last year was $26.25 and its earnings per share for the year were $1.30. what was its p/e ratio? 19.79 17.37 20.19 16.36 22.01
Song corporation stock price at the end of last year was $26.25 and its earnings per share for the year were $1.30. 26.25 / 1.30 = 20.19 was its p/e ratio.
The price-earnings ratio, sometimes referred to as the P/E ratio, P/E, or PER, measures the relationship between a company's share price and its earnings per share. To determine if a company is overvalued or undervalued, the ratio is employed to determine its value.
However, many value investors would use a P/E ratio range of 20 to 25 as the typical range to give you an idea of what the market average is. Like in golf, a company's P/E ratio indicates how good an investment it is, with a lower ratio indicating a better investment. The current stock price of a company is divided by its earnings per share to produce the P/E ratio (EPS).
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According to the research of Lillian Gilbreth, many employees were motivated by money and
________.
A. early retirement
B. health care
C. job satisfaction
D. time off
According to the research of Lillian Gilbreth, many employees were motivated by money and
C. job satisfaction
A measure of a worker's contentment with their job, whether they like the job or specific features or facets of occupations, such as the nature of the labour or supervision, is called job satisfaction, employee satisfaction, or work satisfaction.
The cognitive (or evaluative), affective (or emotional), and behavioural components of job satisfaction can all be assessed The extent to which different job satisfaction measures capture feelings about the job has also been noted by researchers.
or job-related cognitions (cognitive job happiness)
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elderly aunt signed a contract for the sale of her home at well below market value. aunt had not read the contract before signing it because her niece, who is both her lawyer and caretaker, told her to sign the contract. aunt has a defense to the contract she signed based on her reasonable reliance on a fiduciary. a. true b. false
ANSWER: TRUE, aunt has a defense to the contract she signed based on her reasonable reliance on a fiduciary.
WHAT IS CONTRACT?A contract is a two or more party legally binding agreement that specifies, clarifies, and governs each party's rights and obligations. The majority of the time, a contract involves the transfer of goods, services, money, or a promise to transfer any of those at a later date. In the event of a contract breach, the injured party is entitled to legal remedies including damages or revocation. The notion that promises made in an agreement must be maintained is the basis of contract law, the branch of law that deals with obligations originating from contracts.
Similar to other areas of private law, contract law differs from nation to nation. The three primary categories into which the various systems of contract law can be grouped are common law, civil law, and mixed law jurisdictions—which combine elements of both common and civil law. Contrary to civil law states and the majority of states with a hybrid legal system, common law jurisdictions frequently only require agreement between the parties for a contract to be valid.
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Because services are __________, it is often difficult for marketers to convey the benefits to consumers.
Because the services are intangible, it is often difficult for the marketers to convey benefits to consumers.
Who is a marketer?A marketer is someone who advertises the goods and services of an organization. They identify the tactics that can increase revenue and sales while making sure that these tactics are in line with both customer and market need. Now that we are aware of what a marketer is, let's examine their function. Let's first examine the function that a marketer does before delving into the importance of marketing for firms. The financial success of any firm can be determined by the marketer's ability to sell. They make sure that the goods and services are promoted effectively enough to sustain demand. Long-term brand equity and improved consumer experiences are enhanced by imaginative and creative marketers.
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Suppose country A is labor- abundant and capital-scarce and country B is labor-scarce and capital-abundant .Good X is produced using labor intensive technology and good Y is produced using a capital- intensive technology. Which of the following can most reasonably be inferred from the given information?
a. Country A would export good X
b. Country B would import good Y
c. Country A would import good X
d. Country B would import good X and good Y
Country A would export good X can most reasonably be inferred from the given information.
What is a labor abundant country?A country is said to have an abundance of labor if its labor force is greater than its capital resources for output. In other words, in such a country, the capital-labor ratio is below one. These countries typically specialize in producing goods that need an abundant element.
The H-O theorem states that nations should specialize in and export the good that uses the relatively abundant ingredient most frequently. Due to the fact that Belgium is the capital-rich nation by physical definition, Belgium should export things that require a lot of capital to France.
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_______________ have become increasingly important because of the decline of organic views AND because of the overall increase in the volume of content being published on social channels.
Enterprise Tactics
Paid Tactics
Owned Strategies
Top of Funnel Conversions
Earned Goals
Influencer Strategies
B. Paid tactics have become increasingly important because of the decline of organic views and because of the overall increase in the volume of content being published on social channels.
As the content online is exploding day by day, the chances of getting organic views become way lesser. As a result, people who are the owners of posts or videos tend to use paid tactics in order to get views on their videos.
Paid tactics mean that you pay people to watch your content so that you can benefit from it. Paid tactics became common when content creation became so common in social channels that there were gazillions of content just in a day.
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maxwell manufacturing issued $390,000, 10-year, 9% bonds at 107.25. what is the issue price of these bonds?
The issue price of these bonds is 712,500$ when they are issued at , 9% bonds at 107.25.
What does a bond actually mean in plain English?In essence, a bond is a loan made by an investor to a borrower, usually a company or the government. While the borrower utilizes the money to finance its operations, the investor receives interest on their investment. The market value of a bond may change over time.
Is it a good idea to invest in bonds?In general, bonds are thought to be safer than other financial assets like stocks because, barring an issuer defaulting on their debt, you can depend on the income. Bonds come in a variety of forms, each with a unique minimum investment requirement and payment schedule. Most bonds have predetermined coupon rates.
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what are your goals when communicating this message? check all that apply. promise rebates. be fair. maintain friendly relations. encourage further correspondence. project a professional image.
Project a Professional Image, A person's behavior at work and in other professional contexts is referred to as their "professional image."
What does a good professional image entail?Employ a confident body language.
displaying self-assurance. conversing while maintaining eye contact. shaking hands firmly. standing up straight and sitting down. displaying open body language by turning to face the speaker, squaring your shoulders, and not crossing your arms.
What does a professional image look like?However, a professional image extends beyond attire. It also involves how you conduct yourself and interact with coworkers, clients, and business acquaintances, such as how you shake hands politely, speak, and choose your words and voice in emails and phone calls.
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why do store designers attempt to design stores with maximum flexibility? multiple choice question. the space allocated for unplanned purchases remains static in most of the retail stores. the store designs used by retailers provide customers with details about demand forecasts for the forthcoming selling season. the store design does not take the sales associates into account while allocating space for retailers' demand/destination merchandise. the space allocated to merchandise categories and the layout of the store change along with the changes in the merchandise mix.
It is to be noted that store designers attempt to design stores with maximum flexibility because:" the space allocated to merchandise categories and the layout of the store change along with the changes in the merchandise mix." (Option D).
What is Merchandise Mix?The mixture of commodities that a firm selects to sell in order to generate earnings is referred to as the merchandising mix: The company has been tailoring its merchandise mix to maximize revenues.
Merchandising has four major components: buying, planning, managing, and controlling. Above all, these four components must result in a very desired goods combination for the store's clients. As the demands of the store's target market customers vary, this mix must be modified.
Here's a list of four fundamental types of items, along with explanations of each, to help you distinguish between them:
Convenience items. Convenience products are commodities that humans need for basic survival and health.Shopping merchandise. Specialty goods. Impulse purchases.Learn more about Merchandise Mix:
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according to the text, the food shortage in countries like zimbabwe represents what force for change? question content area bottom part 1 a. economic shock b. nature of the workforce c. social trends d. technology e. competition
The text shows that food shortage in countries like Zimbabwe represent the force of change of a. economic shock.
What happened in Zimbabwe ?Zimbabwe was one of the top producers of food in the world until the government forcefully repatriated land from White land owners and then distributed it to others.
What followed was a wave of sanctions that led to economic issues in the nation and for a fall in food production such that there was food shortage. This shows the economic shock force of change because the economy was shocked by the sanctions.
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shaylee corporation has $2.00 million to invest in new projects. the company’s managers have presented a number of possible options that the board must prioritize. information about the projects follows: project a project b project c project d initial investment $ 419,000 $ 234,000 $ 724,000 $ 949,000 present value of future cash flows 769,000 419,000 1,204,000 1,564,000
Shaylee Corporation is not able to invest in all these projects simultaneously.
How do companies decide on investments?Companies decide on the projects they are to invest in, using a number of ways such as the present value method. This method calls for investing in projects that have a positive present value.
Projects A, B, C, and D, all have positive present values and so they can invest in all of the projects.
However, Shaylee Corporation has a budget and they cannot exceed this budget. The total investment into the projects is:
= 419, 000 + 234, 000 + 724, 000 + 949, 000
= $ 2, 326, 000
This is more than the $ 2 million the company wants to invest so they cannot go into all the projects.
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Question is:
Is Shaylee able to invest in all of these projects simultaneously?
Maintech Architecture and Engineering provides a broad range of services, but many of them seem to relate to projects involving engineering of complex processes and systems in support of large-scale production efforts. From this description, what role do you think it would be critically important for Maintech to include on most of its projects?
It would be critically important for Maintech to include industrial engineers on most of its projects
What is the project design approach?The process of organizing and assigning resources in order to fully develop a project or product from conception to launch. Plans for ideas, procedures, resources, and deliverables are made during the project design phase, which comes first in the project lifecycle. As a project design is a broad overview while a project plan contains more specific information, it comes before a project plan.
The success of your team's or organization's project depends on the project design. It's important to create a thorough document that serves as a guide throughout your project because you typically base all steps and phases on your design. Projects can be divided into three main groups. Project categories: operational, compliance, and strategic
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Which of the following statements is FALSE?
A) Beta represents the amount by which risks that affect the overall market are amplified for a given stock or investment.
B) Beta is the expected percent change in the excess return of the security for a 1% change in the excess return of the market portfolio.
C) Beta measures the diversifiable risk of a security, as opposed to its market risk, and is the appropriate measure of the risk of a security for an investor holding the market portfolio.
D) It is common practice to estimate beta based on the historical correlation and volatilities.
Option C) Beta measures the diversifiable risk of a security, as opposed to its market risk, and is the appropriate measure of the risk of a security for an investor holding the market portfolio. This is the false statement.
What does stock refer to?The ownership of a portion of the issuing company is represented by a stock, sometimes referred to as equity, which is a type of security. The term "shares" refers to the units of stock, each of which rights the owner to a certain percentage of the company's assets and profits, based on the number of shares they own.
What proportion of a stock is there?The typical number of approved shares for a new firm is 10,000,000, but as the business expands, it may issue more shares to customers, partners, and staff members, bringing the total number of authorized shares up to more. A precise count is challenging to obtain because the quantity fluctuates a much.
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Franchising is a form of business ownership in which a firm that already has a successful product or service licenses its trademark and method of doing business to another business in exchange for _____.
A. an initial franchise fee and an ongoing royalty
B. a one-time franchise fee
C. an equity position in the new business
D. an ongoing royalty
E. an initial franchise fee and an equity position in the new business
Franchising is form of business ownership in which firm already having successful product its trademark and method of doing business to another business in exchange for initial franchise fee and equity in new business.
What is Franchising?An organization can use franchising as a strategy for commercial growth because it is based on a marketing notion. Where applicable, a franchisor grants a franchisee a license to use all or a portion of its operating methods, intellectual property, business model, brand, and rights to resell its branded goods and services. The franchisee agrees to comply with the requirements normally outlined in a franchise agreement in exchange for paying certain fees and following specific guidelines. In contrast to expanding through corporate-owned outlets or "chain stores," the franchisor views the utilization of a franchise system as a different business growth approach. A franchise system business growth plan reduces the franchisor's capital investment and liability risk by focusing on the sale and distribution of goods and services.
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many workers hold large amounts of stock issued by the firms at which they work. true or false: a person might not want to hold stock in the company where they work because they should diversify their holdings to reduce their overall risk.
Companies want their employees to own stock in the business because it motivates them to care about the company's success rather than just their own wages.
By stock, what do you mean?The term "stock" refers to ownership certificates for any corporation. Contrarily, a share alludes to the securities of a certain firm. You are regarded as a shareholder if you own stocks in a certain company. There are two categories of stocks: preferred and common.
What are an example and a stock?Stocks represent ownership in a publicly traded firm. Once your buy a remaining value, you now become shareholder. You own 1% of a corporation, for instance, if you purchase 1,000 of its 100,000 shares.
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on january 2, otto corp. entered into a purchase commitment to buy 1,000 units of raw materials for $25 per unit. on january 31, the company purchased 1,000 units when the market price was $24 per unit. otto should
Debit loss on purchase commitment $1,000; Debit inventory $24,000; Credit cash $25,000.
What does "market pricing" mean?Market pricing is a tactic used to set prices in accordance with what is currently being paid in the market for identical or comparable goods and services. Businesses are given the chance to establish higher pricing initially before lowering them to match market rates in order to remain competitive while still increasing return on investment.
What distinguishes the market price from the present price?the market price and the cost price. The cost price is the cost you paid to buy the stock, but the market price is the price it is now trading at. Typically, estimates of value are used to calculate the difference between cost price and market price.
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real property is classified in one of three ways: , which is not depreciable; rental property, which is used as dwelling units by lessees; or property.
Depreciation deductions are not available for assets used for personal use unless they are converted to business or income-producing use.Buildings cannot be depreciated, but land can be.
Which asset actually cannot be depreciated?
Land.Any land that a business owns, whether or not it has a building on it, is considered to be land.The only fixed asset that does not lose value over time is it.Land improvements are capitalized and depreciated separately.
What kind of real estate is exempt from depreciation?
On personal property, you can't get depreciation credits.You can only deduct the portion used for business or investment if you use a vehicle for both personal and business purposes.Unlike buildings and some land improvements, land never depreciates.
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craig and kris were walking directly toward each other in a congested store aisle. craig moved to his left to avoid kris, and at the same time kris moved to his right to avoid craig. they bumped into each other. a. this example illustrates the concept of (click to select) . b. this idea relates to macroeconomic instability because the economy multiple choice 2 experiences business cycles. falls into recession because there is a lack of coordination of the actions of people and businesses. experiences inflation because there is a lack of coordination of the actions of people and businesses. does not achieve a mutually beneficial equilibrium because there is a lack of coordination of the actions of people and businesses.
This example illustrates the concept of coordination failure. this idea relates to macroeconomic instability because there is a lack of coordination of the actions of people and businesses.
What is meant by coordination failure?Coordination failure happens when a group of firms may reach a more desirable equilibrium in an economic system with numerous equilibria but fail to do so because they do not coordinate their decision-making.
A stag hunt is a typical illustration of a coordination issue because while the group can produce a desirable solution (by everyone selecting stag), an individual is more likely to select rabbit until the issue is resolved. A non-coordination issue is persuading individuals to receive vaccinations.
Finance professionals use the term "coordination failure" to explain how businesses and other value providers fail to coordinate during economic downturns. Because an equilibrium that is not the natural social equilibrium can be reached, coordination failure is indeed a market failure.
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to measure the relative level of satisfaction when someone consumes a good or service, economists use choose one: a. the real income effect. b. utility. c. consumer satisfaction. d. the happiness index.
To measure the relative level of satisfaction when someone consumes a good or service, economists use utility.
Give a brief account on utility.Utility is a phrase used to describe the worth or value of a good or service in economics. More precisely, utility is the whole pleasure or benefit derived from using a good or service. Typically, customers are assumed to aim to maximize their utility in economic theories of rational choice. Because it directly affects demand and, consequently, price, the economic utility of a commodity or service is crucial to comprehend. In reality, it is typically impossible to gauge or quantify a consumer's utility. The usefulness of a good or service from an economic perspective, according to certain economists, can be inferred through the use of several models.
The idea of usefulness serves as the foundation for the economic definition of utility. A product's utility is determined by how well it satisfies a consumer's need or desire. How to model economic utility and gauge the value of an item or service varies according to several schools of thinking.
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One of the principal arguments for contracting out government services to private companies is that.
One of the principal arguments for contracting out government services.Private businesses or contractors might be thought to be able to finish the job more quickly and charge less since their sub-contractors.
Receive little to no perks allowing them to charge less for a contract.A private company is a firm held under private ownership. Private companies may issue stock and have shareholders, but their shares do not trade on public exchanges and are not issued through an initial public offering (IPO). As a result, private firms do not need to meet the Securities and Exchange Commission's (SEC) strict filing requirements for public companies. In general, the shares of these businesses are less liquid, and their valuations are more difficult to determine.Separately, every business that is not owned by the government is regarded as private enterprise. Due to the fact that their investors are private individuals, this sense encompasses both publicly traded and privately held businesses.
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when the author of Freakonomics promoted his book by blogging, it was an example of ___ marketing.
When the author of Freakonomics promoted his book by blogging, it was an example of word-of-mouth marketing.
What is a Word-of-Mouth Marketing?A word-of-mouth marketing refers to when a consumer's interest in a company's product or service is reflected in their daily dialogues. This type of marketing is free advertising triggered by customer experiences and something that goes beyond what they expected.
It can be encouraged through different publicity activities set up by companies or by having opportunities to encourage consumer-to-consumer and consumer-to-marketer communications.
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a customer wants to establish a joint account at a brokerage firm with an individual who is employed by the same firm. is this permitted?
Yes, with preapproval of the customer and the firm.
Explain in detail.
Two or more people can have a joint brokerage account. The majority of the time, spouses hold joint brokerage accounts, but they can also be opened by parents and children or by two people who have similar financial aspirations, such as business partners.Joint brokerage accounts function best when a close friend or family member can make a similar financial contribution and shares your goals, according to Dugan. Asset pooling can save costs, make it simpler to monitor group progress, and give management of the assets to the party with the best investment track record.To know more about Account here
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a cooling-off period of how many years is required before a member of an issuer’s audit engagement team may begin working for the registrant in a key position?
One-year a cooling-off period of many years is required before a member of an issuer’s audit engagement team may begin working for the registrant in a key position.
The cooling-off period should be at least two years to provide protection against potential threats to self-assessment or objectivity arising from past decisions made by raters while acting as engagement partners .
Individuals served an EQCR for a total of 7 cumulative years in a role combination in which she served more than 4 years, so the individual has a grace period of 3 consecutive years before returning to her EQCR. must be completed. Allocation of examinations.
Pursuant to section 139, subsection (1) of the Act, the first auditor of a non-governmental legal entity shall be appointed by the Board within 30 days of her registration date .
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On december 31 spearmint, incorporated, issued $450,000 of 9 percent, 3-year bonds for cash of $461,795. Complete the necessary journal entry for spearmint, incorporated, by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.
Bonds payable: $450,000; Cash: $461,795 (debit); Bond Premium: $11,795 (credit);
What Are Bonds Payable For?The amount that the issuer owes bond holders is recorded in the liabilities account known as Bonds Payable. Given that bonds often mature over a longer period of time than a year, this account is typically seen in the long-term liabilities area of the balance sheet.
Where are loans payable?The liabilities portion of the income statement contains the line item "Bonds Payable." Bonds payable are seen as liabilities since they are financial instruments that anticipate future cash outflows, such as interest costs and principal repayment.
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As the interest rate __________, the opportunity cost of holding money __________ and individuals choose to hold __________ money.
a. increases; increases; more
b. increases; decreases; more
c. increases; decreases; less
d. decreases; increases; more
e. decreases; decreases; more
Option (e), People choose to store more money as the interest rate declines because there is less opportunity cost to do so.
Given the low interest rates, why do people keep money in the bank?If and when interest rates do decrease, their bonds' value will rise. If interest rates are low, however, people expect them to rise. They want to keep hold of their cash balances and will sell bonds because of anxiety that the value of bonds may decrease in the event that interest rates rise in the future.
How does a decrease in interest rates affect the opportunity cost of retaining money in a savings account?As a result of declining interest rates, which lower the opportunity cost of holding onto money, more money is being needed.
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current liabilities are a.payable if a possible subsequent event occurs b.due, but not payable for more than 1 year c.due and to be paid out of current assets within 1 year d.due and receivable within 1 year
Current liabilities are due and to be paid out of current assets within one year.
Current liabilities are the financial obligations that a business has to pay within one year and they can include short-term debt, dividends payable and accounts payable. These obligations are usually paid using current assets. So, according to this, the answer is that current liabilities are due and to be paid out of current assets within one year.
A current liability is a debt that the business expects to settle immediately utilizing resources listed on its current balance sheet. Accounts payable, salaries, taxes, and deferred income are examples of common current obligations (services or products yet to be delivered but for which money has already been received).
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What aspect of today’s business environment is central to the need for robust transaction management processing systems?.
The need to handle financial calculations to monitor performance is the aspect of today’s business environment is central to the need for robust transaction management processing systems.
What is Business Environment?In marketing, the terms "market environment" and "business environment" are used to describe the forces at play and the circumstances that affect a company's ability to build and maintain enduring customer relationships. The term "business environment" refers to the entirety of all people, teams, and other organizations that function independently of business but have the capacity to affect its results.
In conclusion, a business environment enables organizations to evaluate the approaches and plans of their competitors. They can also create their own plans in line with this. In the telecom sector, almost all carriers provide equivalent services at comparable prices, according to a quick check.
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how does the long-run equilibrium for a monopolistically competitive market differ from the long-run equilibrium for a perfectly competitive market? part 2 one way in which monopolistically competitive markets and perfectly competitive markets differ is that in long-run equilibrium, monopolistically competitive firms part 3 a. charge a price marginal revenue. b. . c. produce at minimum marginal cost. d. produce where marginal revenue is marginal cost. e. do not earn zero economic profits.
One difference between perfectly competitive and monopolistically competitive markets is that in long-run equilibrium, monopolistically competitive businesses charge a price higher than marginal cost. Hence, option A is correct.
What is the difference between monopolistic competition and perfect competition?
Excess capacity and markup over marginal cost are the two fundamental factors that separate monopolistic competition from perfect competition.
In a monopolistically competitive market, entry and exit drive each firm to a point of tangency between its demand and average total cost curve. The link between price and marginal cost is a second distinction between monopolistic competition and perfect competition.
Therefore, Option A is correct.
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The complete question has been attached in text form:
How does the long-run equilibrium for a monopolistically competitive market differ from the long-run equilibrium for a perfectly competitive market? One way in which monopolistically competitive markets and perfectly competitive markets differ is that in long-run equilibrium, monopolistically competitive firms A. charge a price greater than marginal cost . B. do not earn zero economic profits. C. charge a price less than marginal revenue. D. produce at minimum marginal cost. E. produce where marginal revenue is less than marginal cost.
A new gaming chair costs $455.95. you have already saved $136.45 and earn $35.50 each week babysitting. write and solve an equation to determine how many weeks, w, you must babysit to earn enough money to buy the new gaming chair. 35.5 136.45w = 455.95; w = 9 35.5w 136.45 = 455.95; w = 9 35.5w − 136.45 = 455.95; w = 17 35.5w − 455.95 = 136.45; w = 17
The equation that represents number of weeks that is needed to baby sit of the business to buy the gaming chair is 35.5w + 136.45 = 455.95; w = 9.
What is an equation?When two expressions are connected with the equals sign (=) in a mathematical formula, it expresses the equality of the two expressions. For instance, an equation in French is described as having one or more variables, whereas in English, an equation is any properly written formula that consists of two expressions linked by the equals sign. Determine which values of the variables result in the equality to be true in order to solve an equation with variables. The values of the variables that must fulfill the equality to constitute the answer are known as the unknowns, together with the variables for which the equation must be solved. Equations can be classified as either conditional equations or identities.
w = 319.5 / 35.52
w = 8.99
w ≈ 9
So, number of weeks = 9
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Decision-making authority lies mostly with higher-level managers in strongly ______ organizations.
Decision-making authority lies mostly with higher-level managers in strongly Large organizations.
Boards of directors are employed by a company, and they are in charge of deciding on policies, processes, and other matters that affect how corporate operations are carried out.
Depending on the requirements of the organisation, this controlling authority might be either centralised or dispersed.
You give up control over your company's daily operations under a decentralised structure, which is its biggest drawback. Perhaps using the word "lose" too strongly, but by giving your managers autonomy, you are demonstrating your faith in their abilities.
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