What is the difference between line and staff activities? Give an example of each. In a flat world where profit margins are growing thinner and more and more data resides on cyber clouds, is it better to be a line or staff worker?

What is the difference between line and staff activities? Give an example of each. In a flat world where profit margins are growing thinner and more and more data resides on cyber clouds, is it better to be a line or staff worker?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Related questions

Q: Some managers believe machine performance is more important in a JIT environment than in a non-JIT…

Q: In which of the following situations is a company most likely to benefit from implementing ABC? When…

A: The most accurate measurement of costing is ABC based costing then the traditional based one For…

Q: 4. Select an organization with which you are familiar-preferably one that you have worked in. To…

A: Experience of an 'audit firm'

Q: What is the biggest disadvantage of using ROI to evaluate investment centers?

A: Return on Investment: Under return on Investment, the investment opportunity with the highest rate…

Q: . The importance of AI and Machine Learning will help Accounting jobs and firms improve on: A.…

A: As per the guidelines only 3 questions will be answered- 1. AI and machine learning will help.in…

Q: What is an industrial value chain? Explain why a firm’s strategies are tied to what happens

A: Industrial value chain: An industrial value chain refers to a linked set of value-causing operations…

Q: When a company is decentralized, top management will have little time to focus on long-term strategy…

A: 1) This statement is FALSE Decentralization means transfer of Authority , Responsibility ,…

Q: networks? are these methods appropriate or possibly

A: As existing networks mature and change, new networks emerge, and value is demonstrated, social…

Q: What of the following is NOT a Benefit of Activity Based Management? a.It assists in the budgeting…

A: Introduction:- Activity Based Management analyzing a company's business activities through…

Q: Company X sees a disruption in its supply chain at the same time it sees a decrease in customer…

A: A supply chain network is an organization of individuals, associations, and exercises that move an…

Q: why wouldn't email room memo like this work better as an innovation driven company such as Tulsa…

A: A memo is a short official note that is sent by one individual to another inside a similar…

Q: Which of the statements below explains how technology has impacted internal control systems? (Check…

A: An Internal Control System refers to a set of programs, procedures, practices, and organizational…

Q: Too much information technology (IT)sophistication within the financial service industry has…

A: Information technology refers to the use of computer systems or technologies to obtain information…

Q: What questions should managers answer when considering outsourcing?

Q: Why does the high cost of the system negatively impact the organization's bottom line?

A: The question is based on the concept of bottom line of a company and its relationship with high cost

Q: One way that organisations compete is through technological innovation. However, there can be…

A: Technological Innovation is when a company uses technology to get a competitive edge compared to…

Q: Give an example of a break-even point for a service based organization

A: In this question, we are required to give an example of a break-even point for a service-based…

Q: Why the requirement is a foundation of your enterprise content management system? Select one: O b.…

A: An effective enterprise content management system provides everyone in the organization with easy…

Q: Reflect on enterprise systems failures with respect to the challenges presented? Discuss what areas…

A: The objective of the question is to understand the common challenges and failures associated with…

Q: Indicate whether each of the following statements is true or false.

A: ANSWER 1.True When designing an accounting system, Special reports are needed and for preparing…

Q: "Controlling is very important for increasing the performance of employees in an organization." How…

A: Controlling is the process through which objective achievement can be made easier and effective.…

Q: Suppose you are a project manager in a firm. Will you prefer to use NPV or payback method to choose…

A: A project’s payback period is the number of periods required for the project’s cash flows to recover…

Q: What is the goal of organizational behavior? A. To change personalities in organizations B. To…

A: Organizational Behaviour: Organizational Behavior is an area of study that examines the effect that…

Q: Identify which of the statements below are true (T) or false (F). Lean businesses aim to: Reduce…

Q: implemented and how they make accountant job more

A: Introduction :- The accountant may be a key player in any business - in any case , bad money…

Q: Which of the following statements is TRUE about designing, creating, and implementing a new business…

A: Creating a new process or workflow from scratch is called as new business process. It’s dissimilar…

Q: Explain the meaning of customer value. How is focusing accounting? on customer value changing…

A: Customer Value: Customer value is the ratio between the supposed benefits of customer and the…

Q: with many TA's working from the same pool of candidates, communication within the team is key. How…

A: Avoiding the issue of multiple TAs contacting the same candidate for the same position is crucial to…

Q: What is a customer loyalty program, and how is such a program accounted for?

A: Customer loyalty program: A customer loyalty program is a program run by a company that offers…

Q: Consider variance analysis in a service industry. Is it a good thing to use or a bad thing to use?…

A: Variance analysis in a service industry involves the systematic comparison of actual performance…

Q: Explain two of the risks companies face when outsourcing the IT function. How can the risks you…

A: Outsourcing means the business practice of hiring other businesses to perform functions of the…

Q: Explain with an example why managers find it difficult to adopt a decision alternative even when the…

A: Below is the answer-

Q: Which of the following is not a way an accounting system can generate motivation? Multiple Cholce…

A: The accounting system is a computerized and technological way of performing and executing…

Q: Which of the following is an advantage of a newly installed Enterprise Resource Planning (ERP)…

A: Enterprise Resource Planning (ERP) is a type of software system that organizations use to manage and…

Question

What is the difference between line and staff activities? Give an example of each.
In a flat world where profit margins are growing thinner and more and more data
resides on cyber clouds, is it better to be a line or staff worker?

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step 3

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

dont give AI solution ....
A major benefit of a decentralized organization is that: a) Lower level managers are more motivated to improve productivity. b) It avoids decision making by less experienced lower level managers. c) Upper level managers are more involved in routine decisions. d) It avoids the necessity for a managerial accounting system.
Identify which of the statements below are true (T) or false (F). Lean businesses aim to: Reduce inspection time.
Which of the followings is NOT an advantage of financial institutions in consumption smoothing? A. They help to solve moral hazard and adverse selection issues. B. They help to share risks. C. They help to reduce transaction costs. D. They help to create more jobs.
not use ai please
Provide 2 examples of situation where the use of ROI can lead to decisions which may harm the future competitiveness of a company.
1. What is not a cloud computing benefit? a) Accessibility improvement b) Safer storge c) A and B d) Increase cost 2. Cost that cannot be conveniently and economically traced to a cost objected is a) Direct cost b) Fixed cost c) Indirect cost d) None of above 3. Price decisions and customer profitability are an example of strategic management accounting. a) True b) False 4. Information that is required across various types of a company structure is not significantly varied. a) True b) False 5. What are internal Sources of information: a) Previous Financial statements b) Internet c) Customers
In general, how can the understanding of the POB constructs help overcome the list of problems presented in the case? How can the manager of a unit consisting of mostly older, computer anxious, if not illiterate, employees who were very effective under the old system use positive resources to make a more successful transition to a new, technologically sophisticated operating system?
In the Marker Motion Simulation, how does spending more on acquisition/expansion yield to customer loyalty and satisfaction?
What is turnover? What does it measure? Describe this in your own words. Writing a formula is not a sufficient answer. Name one specific way a manager could improve turnover. This will demonstrate your understanding. Explain why your idea would have a positive effect on turnover?
What is the role of the project leader in, first, a predictive project team, and second, in an agile team? What personal characteristics are most important for the leaders of each of these team types? Plz solve fast
What is the most likely consequence of unethical behaviours by management accountants? Satisfied suppliers Customers paying less for products Resource allocation from the budgeting process in organisations being done inequitably Employees experiencing higher job satisfaction