At the Wedge Natural Co-op in Minneapolis, employees talked about how the long-time general manager had fired almost the entire staff when he took over because they did not show the work ethic he required. This_____reinforced the idea that, though it had grown out of the hippie culture of the 1970s, the food co-op was a serious business that delivered great customer service and made money for its member-owners.
Answers
Answer:
story
Explanation:
Based on the inforamation provided describing the scenario it can be said that the underlined missing word is "story". That refers to the entire event that the employee was explaining, which that individual employee experienced first hand. He seems to have explained this story to show how the food co-op was evolving into a more customer service focused company that valued a very specific work ethic.
Related Questions
PLEASE HELP 25 POINTS!!! Which of the following changes can take place in the long run?
A.) Technology
B.) machinery
C.) labor force
Answers
Answer:
In the long run, all of these changes can take place. Technology, machinery, and the labor force can all be adapted and adjusted to meet the needs of the economy. Technology can be improved and updated, new machinery can be introduced, and the labor force can be shifted to focus on different industries.
Answer: All of these can be changed in the long run.
Explanation:
What is the definition of a growth stock?
Answers
Answer:
In finance, a growth stock is a stock of a company that generates substantial and sustainable positive cash flow and whose revenues and earnings are expected to increase at a faster rate than the average company within the same industry.
Explanation:
the united states measures its economy by how many goods and services are produced in a ___.; true or false? money is a factor of production.; economically, a \" need\" is something __________.; road building and purchasing military equipment are examples of purchasing by
Answers
1. The United States measures its economy by the amount of goods and services produced in a given year.
The size of a country's overall economy is typically measured by its GDP, which is the value of all final goods and services produced within a country in a given year.
Measuring GDP entails calculating the total dollar value of the production of millions of different goods and services smartphones, cars, music downloads, computers, steel, bananas, college educations, and all other new goods and services produced in the current year.
2. Capital is commonly used in economics to refer to money. Money, on the other hand, is not a factor of production because it is not directly involved in the production of a good or service. As a result, the answer is False.
Capital, on the other hand, facilitates production processes by allowing entrepreneurs and business owners to purchase capital goods or land or to pay wages.
3. A "need" in economic terms is something that is required to sustain life.
Simply put, a need is something that is required in order to survive. In economics, the concept of survival is real, which means that someone would die if their needs were not met. This includes necessities such as food, water, and shelter.
4. Road construction and military equipment purchases are examples of government purchases.
The government is in charge of purchasing military equipment and constructing roads. These purchases are classified as gross investment expenditures. The government treats this as its own asset when it invests. The government also purchases infrastructure projects such as roads and civil servant payrolls.
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The young woman's proposal seems to be
by company policy.
Answers
The young woman's request doesn't appear to be covered by company policy.
What is a business?A corporate structure that is distinct from its owners legally is a company. Due to additional accounting rules and higher-level legal obligations, the business structure is more complex and has greater setup and administrative costs.
How can a firm be described as a business?Due to the desire of its employees to create value, a business is referred to as a company.Old French, which means compaignie or companionship, is where the word "company" first appeared.
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A firm has $800 in inventory, $1,400 in fixed assets, $500 in accounts receivables, $100 in net working capital, and $50 in cash. What is the amount of the current liabilities
Answers
Answer:
Add it all Together?
Explanation:
2850?
Equity capital is....
a. paid back within one year.
b. not a loan but a form of stock.
c. a loan from family.
d. paid back after five years.
Answers
Answer:
b. not a loan but a form of stock.
Explanation:
Capital can either be equity or debt capital. Debt capital refers to borrowed funds either from the banks or other lenders.
Equity capital is the owner's contribution to the business. It is what the shareholders of the business have given to the business as capital. Equity is not a loan, nor is it meant to be refunded. It represents the owner's investment in the business.
Book Stop, a bookstore in Capital City, sells publications that criticize government actions and policies. The city enacts an ordinance prohibiting the sale of such materials in the interest of preserving public tranquility. This ordinance is most likely
Answers
The action of the city to enact an ordinance prohibiting the sale of publications criticizing government actions and policies is D. an unconstitutional restriction of speech.
What is Free Speech?Free speech is the constitutional right of a citizen to express their opinions without government restrictions. It is part of the First Amendment.
Answer Options:A. constitutional under the First Amendment.
B. an invalid invasion of individuals' privacy.
C. a violation of corporations' rights to certain privileges.
D. an unconstitutional restriction of speech.
Thus, if the city prohibits the bookstore from selling publications it considers critical of its actions and policies, it is likely D. an unconstitutional restriction of speech.
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in preparation of standard cost we consider what situation macroeconomics or microeconomics???
Answers
When preparing standard costs, we primarily consider microeconomics, which is the study of the behavior of individual consumers, firms, and industries. Standard cost is the estimated cost of producing a unit of product or service, based on historical data and budgeted costs.
It is used as a benchmark to compare actual costs with expected costs and to analyze the variances between them. In order to determine standard costs, we need to consider the cost of each individual input such as direct materials, direct labor, and overheads. This analysis is done at the microeconomic level because it involves the behavior and decision-making of individual firms and their interactions with suppliers, customers, and competitors.
The macroeconomic factors such as inflation, interest rates, and unemployment rates may also have an impact on the cost of production but these are generally outside the scope of standard cost analysis. Therefore, while macroeconomics can indirectly influence the cost of production, the focus of standard cost analysis remains on the microeconomic factors that affect the cost of individual inputs.
Overall, standard cost preparation involves a detailed microeconomic analysis to determine the estimated cost of producing a product or service, which is then compared with the actual costs to identify any variances and improve the cost efficiency of the firm.
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1. If you are attending a two-year school and plan to transfer to a four-year school, you should
O select only easy courses while you are at a two-year school.
O complete courses that may not transfer.
O transfer without any help from an adviser.
O choose your major early.
Answers
Answer:
Complete courses that may not transfer.
Explanation:
Transferring from a Two-Year College to a Four-Year College. If this is your plan, be sure that the classes you enroll in not only meet the requirements for your associate's degree but can also be put toward a bachelor's degree at the four-year colleges you're considering.
I may not be right but I tried.
Answer:
O select only easy courses while you are at a two-year school.
Explanation:
Discuss the political, social, economic, technological and other
configurations that support cross-border trade by giving examples of any
multinational firms operating in Ethiopia
Answers
Answer: , I can give you an overview of the political, social, economic, and technological factors that support cross-border trade, along with some examples of multinational firms operating in Ethiopia.
Political Factors: - The government's policies and regulations play a significant role in supporting cross-border trade. - A favorable political climate encourages multinational firms to invest in the country.
- Ethiopia has implemented policies aimed at attracting foreign investors, such as tax incentives and relaxed regulations.
- The government's efforts to improve infrastructure, such as roads and ports, has also contributed to the growth of cross-border trade. Social Factors:
- The availability of skilled and affordable labor is an important factor that influences the growth of multinational firms in Ethiopia. - Ethiopia's young and growing population presents an opportunity for firms to expand their markets. - The cultural diversity of the country is also attractive to multinational firms seeking to expand their operations globally. Economic Factors: - Ethiopia has a liberalized economy with a stable macroeconomic environment that supports cross-border trade. - The country has made significant progress in economic reforms, including the privatization of state-owned enterprises. - Ethiopia's strategic location, with access to the Red Sea and proximity to the Middle East and Europe, has made it an attractive destination for multinational firms. Technological Factors: - Technology has played a significant role in supporting cross-border trade, making it easier and more cost-effective. - The use of e-commerce platforms has made it possible for multinational firms to reach customers in different parts of the world. - The availability of high-speed internet and mobile networks has also facilitated cross-border trade. Examples of Multinational Firms Operating in Ethiopia: - Coca-Cola is a global brand that operates in Ethiopia and has invested heavily in the country. - H&M, the Swedish fashion retailer, has opened stores in Ethiopia, taking advantage of the country's textile industry. - Unilever, the British-Dutch consumer goods company, has also invested in Ethiopia, setting up a manufacturing plant for its products. In conclusion, the political, social, economic, and technological factors mentioned above have contributed to the growth of cross-border trade in Ethiopia. This has attracted multinational firms to invest in the country, with many seeing Ethiopia as a potential hub for doing business in Africa
Explanation:
Hunter has just completed his first year of operation as a sole proprietor of a successful sporting goods store. There were
challenges but he was excited about getting to keep all the profits of the venture to himself.
A) Advantage of a sole proprietorship
B)Disadvantage of a sole proprietorship
Answers
Some of the advantages and disadvantages of sole proprietorship include:
Advantage - keep all the profits Disadvantage - personally liable for any debtsWhat are the advantages and disadvantages of sole proprietorship?One of the advantages of a sole proprietorship is that the business owner gets to keep all the profits of the business for themselves. This is because the owner has complete control over the business and is not required to share the profits with any other partners or shareholders.
One of the disadvantages of a sole proprietorship is that the business owner is personally liable for any debts or legal issues that arise in the course of business.
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The NYSE is an example of a(n) _______________ exchange while NASDAQ is an example of a(an) __________________ market. Organized; over-the-counter Broker; dealer Electronic; private Private; public
Answers
Considering the functions and operations of the organizations, The NYSE is an example of a(n) Organized exchange while NASDAQ is an example of a(an) Over the Counter market.
NYSE is an acronym for the New York Stock Exchange. It is generally considered the most significant capital market in the world, with over $30 trillion. Its stock market is deemed to be stable. It is also known as a designated market.
On the other hand, NASDAQ is an acronym for National Association of Securities Dealers Automated Quotations. However, its stock market is considered to be volatile. It is also a dealer market
Hence, in this case, it is concluded that the correct answer is option A. "Organized; over-the-counter."
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Sheridan Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 280 $ 17 $ 4,760 April 15 purchase 420 20 8,400 April 23 purchase 300 22 6,600 1,000 $ 19,760 Calculate weighted average cost per unit.
Answers
Answer:
Closing inventory - $10,160
Costs of goods sold - $9,600
Explanation:
Under the LIFO Method, the cost of good sold equals to
= April 23 units × cost per unit + Remaining units × cost per unit
= 300 units × $22 + 150 units × $20
= $6,600 + $3,000
= $9,600
Since the firm has sold 450 units, so out of which 300 units sold at a price of $22 and the remaining 150 units sold at a price of $20
The ending inventory equals to
= Remaining units × cost per unit + April 1 × cost per unit
= 270 units × $20 + 280 units × $17
= $5,400 + $4,760
= $10,160
Since on April 23, the 420 units were purchase, out of which 150 units are transferred to the cost of good sold and the remaining units 270 units at $20 is transferred to the ending inventory
Create a business memo to HR director regarding the following: Describe the problems with the company’s hiring practices and the laws that have been violated. Provide one example and evidence to support the problems and the laws that have been violated. Explain how the firm can increase employee diversity
Answers
The business memo is expected to have the following: address of the sender with designation and date, the address of the HR Director with company name, title or subject of the memo, salutation, body, conclusion, complementary close, your name and contact.
What should be the format of the content of the memo?The content of the memo is expected to be in the following format:
Sender: [Your Name]
[Your Position]
[Date]
HR: [HR Director's Name]
[Company Name]
[Company Address]
Subject: Problems with Hiring Practices and Violations of Employment Laws
Salutation: Dear [HR Director's Name],
Body: I hope this memo finds you well. I am writing to bring to your attention some significant concerns regarding our company's hiring practices, specifically related to potential violations of employment laws. It is crucial that we address these issues promptly to ensure legal compliance and promote a fair and diverse work environment.
Problem Description: Our hiring practices have been observed to contain elements that may infringe upon existing employment laws. The following example illustrates one such instance:
Example: In a recent job opening for a senior management position, several qualified candidates from underrepresented groups were overlooked in favor of less qualified individuals from dominant groups. This discrepancy raises concerns about potential violations of anti-discrimination laws, such as the Equal Employment Opportunity Commission (EEOC) guidelines.
Evidence of the Problem and Violations: 1. Job Application Records: Careful analysis of the job application records reveals that a significant number of candidates from underrepresented groups, possessing the required qualifications and experience, were not selected for interviews or job offers. This evidence suggests a potential bias in our selection process, which could be in violation of Title VII of the Civil Rights Act of 1964, as well as other relevant federal and state laws.
Recommendations for Increasing Employee Diversity: To address these concerns and enhance employee diversity, I propose the following measures:
1. Review and Revise Hiring Policies: Conduct a comprehensive review of our hiring policies and procedures to ensure compliance with all applicable employment laws and regulations. Pay particular attention to practices that may introduce bias or hinder the recruitment of a diverse talent pool.
2. Training Programs: Implement mandatory diversity and inclusion training programs for all hiring managers and members of the interview panel. These programs should provide insights into unconscious biases, promote inclusive decision-making, and educate employees about the importance of diversity in the workplace.
3. Diverse Sourcing Strategies: Expand our recruitment efforts to attract a wider range of candidates. Collaborate with organizations, job boards, and educational institutions that focus on fostering diversity and inclusion. Proactively seek out potential candidates from underrepresented groups to create a more diverse applicant pool.
4. Diversity Metrics and Reporting: Establish clear diversity metrics and regularly monitor and report progress in achieving diversity goals. This approach ensures accountability and allows us to identify areas for improvement and take corrective actions as needed.
5. Employee Resource Groups: Encourage the formation of employee resource groups (ERGs) that focus on diversity and inclusion. ERGs provide a platform for employees to share experiences, support each other, and contribute to initiatives aimed at fostering a more inclusive workplace culture.
By implementing these recommendations, we can create a more equitable and diverse workforce that not only complies with employment laws but also brings a range of perspectives and experiences to drive innovation and success.
I request your support and guidance in addressing these concerns effectively. Please let me know if you would like to discuss this matter further or if you have any additional insights to contribute. I believe that by working together, we can make significant strides toward creating a more inclusive and diverse workplace.
Thank you for your attention to this matter.
Closing: Sincerely,
[Your Name]
[Your Position]
[Contact Information]
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What does Marketing mean to you?
Answers
When there is no room for growth within a company, an employee cannot __________.
a.Be promoted to new positions horizontally
b.Find other jobs from a new employer
c.Be considered for salary increases
d.Be promoted vertically to new positions
please help
Answers
Answer:
Be promoted vertically to new positions
When there is no room for growth within a company, an employee cannot be promoted vertically to new positions. Thus, option D is correct.
Who is an employee?The employees whose employers one more as a trade-off for monetary or other payment. At the point when a singular starts a drawn-out working relationship with a business, that individual, for the most part, turns into a worker, however, there are exemptions.
At the point when there is no space for development inside an organization, a worker can't be elevated upward to new positions. Superior workers neglect to get advanced in light of the fact that they have been educated to try sincerely and center around dominating the actual work.
As the company may not have a position or a different line of work. This will suggest that the person will be entering a no-growth zone. Therefore, option D is correct.
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Which margins can be increased for short letters?
Answers
Answer:
shorty
Explanation:
Several team members are overallocated, and you want to see only their assignments in your schedule. Which feature can help you focus on those overallocations
Answers
The feature that can help you focus on those overallocation is: the Overallocation Field.
What is the Overallocation Field?The overallocation field is a framework that allows an individual to view the amount of work or resources that were overallocated and compare these against time.
When added to the Task Usage panel, it will be possible to view the amount of work or resources that were overallocated.
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A sportswear manufacturer usually keeps an average of 2,000 units of footwear in stock. the total sale is 60,000 units. the inventory turnover is- 24 units- 30 units- 12 units - 40 units - 18 units
Answers
A sportswear producer often maintains 2,000 units or more of footwear on hand. 60,000 units were sold in total. 30 units are turned over in the inventory.
What exactly does stock mean?A stock, often known as equity, is a debt transaction that indicates ownership in a portion of the company's stock. Shares, commonly referred to as bits of stock, provide its owners a proportionate part of the business's assets and profit based on how many of shares they own.
Briefing :According to the given Values we Have
Inventory turnover/ Average units
= 60000/2000
=30
Option (B) is correct of 30 units .
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Evergreen Company sells lawn and garden products to wholesalers. The company’s fiscal year-end is December 31. During 2021, the following transactions related to receivables occurred:
Feb. 28 Sold merchandise to Lennox, Inc., for $10,000 and accepted a 10%, 7-month note. 10% is an appropriate rate for this type of note.
Mar. 31 Sold merchandise to Maddox Co. that had a fair value of $7,200, and accepted a noninterest-bearing note for which $8,000 payment is due on March 31, 2022.
Apr. 3 Sold merchandise to Carr Co. for $7,000 with terms 2/10, n/30. Evergreen uses the gross method to account for cash discounts.
11 Collected the entire amount due from Carr Co.
17 A customer returned merchandise costing $3,200. Evergreen reduced the customer’s receivable balance by $5,000, the sales price of the merchandise. Sales returns are recorded by the company as they occur.
30 Transferred receivables of $50,000 to a factor without recourse. The factor charged Evergreen a 1% finance charge on the receivables transferred. The sale criteria are met.
June 30 Discounted the Lennox, Inc., note at the bank. The bank’s discount rate is 12%. The note was discounted without recourse.
Sep. 30 Lennox, Inc., paid the note amount plus interest to the bank.
Required:
1. Prepare the necessary journal entries for Evergreen for each of the above dates. For transactions involving the sale of merchandise, ignore the entry for the cost of goods sold.
2. Prepare any necessary adjusting entries at December 31, 2021. Adjusting entries are only recorded at year-end.
3. Prepare a schedule showing the effect of the journal entries on 2021 income before taxes
Answers
Answer:
Evergreen Company
1. Necessary Journal Entries for Evergreen involving the sale of merchandise:
Feb. 28 Debit Notes Receivable (Lennox Inc.) $10,000
Credit Sales Revenue $10,000
To record the sale of goods on credit, terms 10% 7-month note.
Mar. 31: Debit Notes Receivable (Maddox Co.) $8,000
Credit Sales Revenue $7,200
Credit Interest Receivable $800
To record the sale of goods on credit.
Apr. 3 Debit Accounts Receivable (Carr Co.) $7,000
Credit Sales Revenue $7,000
To record the sale of goods with terms 2/10, n/30.
Apri. 11 Debit Cash Account $6,860
Cash Discount Allowed $140
Credit Accounts Receivable (Carr Co.) $7,000
To record the collection on account.
Apr. 17 Debit Sales Returns $5,000
Credit Accounts Receivable $5,000
To record the return of goods on account.
Apr. 30 Debit Cash Account $49,500
Debit Finance Charges $500
Credit Accounts Receivable $50,000
To record the transfer of receivables to a factor without recourse and 1% finance charge.
June 30 Debit Cash Account $8,800
Debit Finance Charges $1,200
Credit Notes Receivable $10,000
To record the discounting of the note at the bank at 12%.
2. Necessary Adjusting Journal Entries at December 31, 2021:
3. A Schedule showing the effect of the journal entries on 2021 income before taxes:
Sales revenue $10,000
Sales Revenue 7,200
Sales Revenue 7,000
Discount Allowed (140)
Interest Receivable 800
Sales Returns (5,000)
Finance charges (500)
Finance charges (1,200)
Explanation:
Finance charge of $500 = ($50,000 * 1%). Factoring accounts receivable enables Evergreen to collect on its accounts receivable before the due date. This usually attracts some finance charges. Sales without recourse means that the factoring company and not Evergreen accepts the risk associated with credit default. Sales with recourse implies that Evergreen retains the risk arising from credit default.
briefly explain how the decision support system resolved the problems experienced by the railways
Answers
The decision support system improved the efficiency of the railroads, paying special attention to the punctuality and speed of transportation on both passenger and commercial routes. The Indian Railways encounter a number of difficulties, including the failure to ensure train punctuality.
Ticketless transit by passengers, damage to or theft of railroad property, and others. The railways suffer a considerable loss in income as a result. By December 2023, 100% electrification of the broad gauge is the goal. In 2020–21, the speed of freight trains doubled to 46 kmph from 23 kmph in previous years. In January 2019, all unmanned level crossings on the broad gauge were removed.
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The production of 0d submarines and 0a hospitals..
A) Increases the available resources
b) is productively efficient given the available resources
c) is productively impossible given the available resources
d) is productively ineffient given the available resources.
Answers
The production of 0d submarines and 0a hospitals is productively in effient given the available resources. The answer is OPTION D.
When a company isn't producing at its lowest possible cost per unit, it exhibits inefficient production. The average cost of production, or unit cost, is calculated by dividing all production costs by the quantity of units produced. An economy might produce a lot of boots with low manufacturing costs.
If they were all for the left foot, it would be allocatively inefficient because no one would profit from this. When a different resource allocation may boost output of any good by even one unit while maintaining the same level of other products, that resource allocation may be deemed inefficient.
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Which action is an example of a short-term savings goal?
A. Saving to buy a house
OB. Saving for college
C. Saving for a new smartphone
D. Saving to buy a new car
Answers
Answer:
C - Saving for a new smartphone
Explanation:
Due to the relatively low price of the phone compared to the other three options, you would only have to save around ~200$, making it a shorter term goal than saving for college, a house or a car, which is usually upwards of 10k
What Type Of Packaging Are Cardboard Mailer Boxes In the USA?
Answers
Which of these is not an example of good practice when differentiating phonological awareness instruction?
a.
Increasing the intensity of instruction by teaching in smaller group sizes.
b.
Expecting all children to be able to produce rhyming words at the same time of the year.
c.
Increasing the intensity of instruction by giving individual children more opportunities to respond.
d.
Supporting children's understanding of an activity by using visual supports.
Answers
The option that is not an example of good practice when differentiating phonological awareness instruction is (b) Expecting all children to be able to produce rhyming words at the same time of the year.
What is good practice?Recognizing that children learn at various speeds and have varied degrees of preparedness is a key component of good practice in differentiating phonological awareness training. It is unrealistic to anticipate that all kids will develop at the same rate.
Each child's unique requirements and talents are taken into account while differentiating instruction. Therefore, it is inconsistent with the ideas of differentiation to expect all kids to be able to come up with rhymes at the same time of the year.
Therefore the correct option is b.
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why is the study of finance important
Answers
Answer:
Studying finance can prepare you not only for careers in the financial services sector, but also for tasks in your everyday life. And because finance revolves around planning and analysis, studying finance and becoming more financially literate enables people to make better personal financial decisions.
Explanation:
Question 10 of 10
How do values play a role in planning a career?
Answers
Career values are crucial since they can help define the parameters for your personal fulfillment and professional success. You may be intentional in your employment search and utilize your values to build your future by recognizing your own values and what matters most to you.
What are values in career planning?Work values, also known as career values, are the personal ideas, drives, and beliefs that guide you in determining what matters most to you in your professional life. Your drive to work and your overall success at work are both influenced by them.
Our actions, relationships, and lives as a whole are influenced by our own values. In addition to helping us make important decisions, our beliefs can affect how we develop personally. Knowing your values will help you make decisions about your profession, relationships with others, and interests that are most important to you.
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according to the fisher equation, the nominal interest rates will be 15 percent if the inflation rate is:
a. rate of inflation
b real interest rate minus the rate of inflation
c real interest rate plus the rate of inflation
d. rate of unemployment
e. real interest rate plus short-run economic fluctuations
Answers
C. real interest rate plus the rate of inflation
What is the nominal interest rate according to Fisher equation?
According to the equation, the nominal interest rate is the product of the real interest rate and inflation. When investors or lenders request an extra payment to make up for losses in buying power caused by high inflation, the Fisher equation is frequently used.
What is Fisher's rule?Bond analysis can be done using the Fisher equation. The nominal interest rate less the predicted inflation rate essentially represents the real yield on a bond. The bondholder's real return will be negatively affected if actual inflation during the bond's life exceeds expected inflation.
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Which of the following is a criticism of conflict theory?
Answers
Explanation:
conflict theory has been criticized for its focus on change and neglect of social stability
It overlooks that fact that many willingly accept society's rules is a criticism of conflict theory. Option A is the correct answer.
Conflict theory can be applied to various social issues, such as economic inequality, racial or ethnic tensions, gender disparities, and political struggles. Option A is the correct answer.
Conflict theory, a sociological perspective, focuses on the idea that society is shaped by conflict and power struggles between different social groups. While conflict theory emphasizes the role of power and social inequality in shaping society, it does not disregard the fact that many individuals willingly accept and abide by societal rules. According to conflict theory, power imbalances and social inequalities can lead to conflicts between dominant and subordinate groups. However, it does not deny that some individuals may willingly accept and conform to societal norms and rules, even if these norms and rules perpetuate inequality.
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The complete question is, "Which of the following is a criticism of conflict theory?
a. It overlooks that fact that many willingly accept society's rules.
b. It does not recognize the differences between social classes.
c. It fails to acknowledge social inequality.
d. It is unsympathetic to homelessness."
A reporting relationship in which an employee receives orders from, and reports to only one supervisor is known as:
Answers
Answer:
According to the concept of unity of command, each level of the organizational hierarchy has only one supervisor who is responsible for each employee. This holds true even if a collection of individuals leads the organization's top. Consider being the CEO of a Silicon Valley-based technology company as an illustration. While the board of directors of your company oversees policy-making and strategic planning, you solely report to the chairman of the board in accordance with the unity of command principle. however, have a supervisor for your unit who reports to her department manager. The vice president of operations, who reports to the CEO, is the department manager's superior. The board of directors' chairman is the CEO's subordinate.
Answer:
unity of command
Explanation:
Being accountable and answerable to more than one supervisor is never liked by the employees. Unity of Command is the one business management theory that resolves this issue.
According to the Principle of Unity of Command, there shouldn’t be a group of supervisors for a single subordinate or a single team working for a company.
For example, the HR team of a company will have just one supervising head instead of two or three to have an orderly set up in the work atmosphere. With the help of the Unity of Command principle, there is a proper hierarchy that is set in the company.