Explain the four levels of activity in the pyramid representing the business organization and difference between horizontal and vertical flows of information.

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Answer 1

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Chapter 1, Problem 1RQ

To determine

Explain the four levels of activity in the pyramid representing the business organization and difference between horizontal and vertical flows of information.

Expert Solution & Answer

Explanation of Solution

Business:

Business can be defined as a work that includes exchange or production of goods and services against a consideration called as money. The basic assumption for running a business is going concern.

The four levels of activity in the pyramid representing the business organization are as follows:

Business operation: The lowermost level of activity in the pyramid is business operation. This level consist day-to-day oriented business operations of the organization.
Operation management: This level manages the day-to-day oriented business operations. Operation management also performs the controlling function over day-to-day oriented business operations.
Middle management: Middle management is responsible for short-term planning. This level of management is engaged in coordinating all activities required for accomplishing business goals.
Top management: Top management is responsible for long-term planning. Goals and objectives of business are also set up by the top management.

Horizontal flow of information maintains operation level tasks. The information contains all the details regarding daily operations and flows across all the departments.

Vertical flow of information can go downward when top management specifies goal, strategy and goals to lower manager. Vertical flow of information can also go upward when operating staff delivers a summarized report to its senior manager. This report includes daily operation activities.

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Answer 2

Question

Chapter 1, Problem 1RQ

To determine

Explain the four levels of activity in the pyramid representing the business organization and difference between horizontal and vertical flows of information.

Expert Solution & Answer

Explanation of Solution

Business:

Business can be defined as a work that includes exchange or production of goods and services against a consideration called as money. The basic assumption for running a business is going concern.

The four levels of activity in the pyramid representing the business organization are as follows:

Business operation: The lowermost level of activity in the pyramid is business operation. This level consist day-to-day oriented business operations of the organization.
Operation management: This level manages the day-to-day oriented business operations. Operation management also performs the controlling function over day-to-day oriented business operations.
Middle management: Middle management is responsible for short-term planning. This level of management is engaged in coordinating all activities required for accomplishing business goals.
Top management: Top management is responsible for long-term planning. Goals and objectives of business are also set up by the top management.

Horizontal flow of information maintains operation level tasks. The information contains all the details regarding daily operations and flows across all the departments.

Vertical flow of information can go downward when top management specifies goal, strategy and goals to lower manager. Vertical flow of information can also go upward when operating staff delivers a summarized report to its senior manager. This report includes daily operation activities.

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Answer 3

Question

Chapter 1, Problem 1RQ

To determine

Explain the four levels of activity in the pyramid representing the business organization and difference between horizontal and vertical flows of information.

Expert Solution & Answer

Explanation of Solution

Business:

Business can be defined as a work that includes exchange or production of goods and services against a consideration called as money. The basic assumption for running a business is going concern.

The four levels of activity in the pyramid representing the business organization are as follows:

Business operation: The lowermost level of activity in the pyramid is business operation. This level consist day-to-day oriented business operations of the organization.
Operation management: This level manages the day-to-day oriented business operations. Operation management also performs the controlling function over day-to-day oriented business operations.
Middle management: Middle management is responsible for short-term planning. This level of management is engaged in coordinating all activities required for accomplishing business goals.
Top management: Top management is responsible for long-term planning. Goals and objectives of business are also set up by the top management.

Horizontal flow of information maintains operation level tasks. The information contains all the details regarding daily operations and flows across all the departments.

Vertical flow of information can go downward when top management specifies goal, strategy and goals to lower manager. Vertical flow of information can also go upward when operating staff delivers a summarized report to its senior manager. This report includes daily operation activities.

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Answer 4

Question

Chapter 1, Problem 1RQ

To determine

Explain the four levels of activity in the pyramid representing the business organization and difference between horizontal and vertical flows of information.

Expert Solution & Answer

Explanation of Solution

Business:

Business can be defined as a work that includes exchange or production of goods and services against a consideration called as money. The basic assumption for running a business is going concern.

The four levels of activity in the pyramid representing the business organization are as follows:

Business operation: The lowermost level of activity in the pyramid is business operation. This level consist day-to-day oriented business operations of the organization.
Operation management: This level manages the day-to-day oriented business operations. Operation management also performs the controlling function over day-to-day oriented business operations.
Middle management: Middle management is responsible for short-term planning. This level of management is engaged in coordinating all activities required for accomplishing business goals.
Top management: Top management is responsible for long-term planning. Goals and objectives of business are also set up by the top management.

Horizontal flow of information maintains operation level tasks. The information contains all the details regarding daily operations and flows across all the departments.

Vertical flow of information can go downward when top management specifies goal, strategy and goals to lower manager. Vertical flow of information can also go upward when operating staff delivers a summarized report to its senior manager. This report includes daily operation activities.

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Answer 5

Chapter 1, Problem 1RQ

To determine

Explain the four levels of activity in the pyramid representing the business organization and difference between horizontal and vertical flows of information.

Expert Solution & Answer

Explanation of Solution

Business:

Business can be defined as a work that includes exchange or production of goods and services against a consideration called as money. The basic assumption for running a business is going concern.

The four levels of activity in the pyramid representing the business organization are as follows:

Business operation: The lowermost level of activity in the pyramid is business operation. This level consist day-to-day oriented business operations of the organization.
Operation management: This level manages the day-to-day oriented business operations. Operation management also performs the controlling function over day-to-day oriented business operations.
Middle management: Middle management is responsible for short-term planning. This level of management is engaged in coordinating all activities required for accomplishing business goals.
Top management: Top management is responsible for long-term planning. Goals and objectives of business are also set up by the top management.

Horizontal flow of information maintains operation level tasks. The information contains all the details regarding daily operations and flows across all the departments.

Vertical flow of information can go downward when top management specifies goal, strategy and goals to lower manager. Vertical flow of information can also go upward when operating staff delivers a summarized report to its senior manager. This report includes daily operation activities.

Answer 6

Chapter 1, Problem 1RQ

To determine

Explain the four levels of activity in the pyramid representing the business organization and difference between horizontal and vertical flows of information.

Expert Solution & Answer

Explanation of Solution

Business:

Business can be defined as a work that includes exchange or production of goods and services against a consideration called as money. The basic assumption for running a business is going concern.

The four levels of activity in the pyramid representing the business organization are as follows:

Business operation: The lowermost level of activity in the pyramid is business operation. This level consist day-to-day oriented business operations of the organization.
Operation management: This level manages the day-to-day oriented business operations. Operation management also performs the controlling function over day-to-day oriented business operations.
Middle management: Middle management is responsible for short-term planning. This level of management is engaged in coordinating all activities required for accomplishing business goals.
Top management: Top management is responsible for long-term planning. Goals and objectives of business are also set up by the top management.

Horizontal flow of information maintains operation level tasks. The information contains all the details regarding daily operations and flows across all the departments.

Vertical flow of information can go downward when top management specifies goal, strategy and goals to lower manager. Vertical flow of information can also go upward when operating staff delivers a summarized report to its senior manager. This report includes daily operation activities.

Answer 7

Chapter 1, Problem 1RQ

To determine

Explain the four levels of activity in the pyramid representing the business organization and difference between horizontal and vertical flows of information.

Answer 8

Expert Solution & Answer

Explanation of Solution

Business:

Business can be defined as a work that includes exchange or production of goods and services against a consideration called as money. The basic assumption for running a business is going concern.

The four levels of activity in the pyramid representing the business organization are as follows:

Business operation: The lowermost level of activity in the pyramid is business operation. This level consist day-to-day oriented business operations of the organization.
Operation management: This level manages the day-to-day oriented business operations. Operation management also performs the controlling function over day-to-day oriented business operations.
Middle management: Middle management is responsible for short-term planning. This level of management is engaged in coordinating all activities required for accomplishing business goals.
Top management: Top management is responsible for long-term planning. Goals and objectives of business are also set up by the top management.

Horizontal flow of information maintains operation level tasks. The information contains all the details regarding daily operations and flows across all the departments.

Vertical flow of information can go downward when top management specifies goal, strategy and goals to lower manager. Vertical flow of information can also go upward when operating staff delivers a summarized report to its senior manager. This report includes daily operation activities.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Ch. 1 - Prob. 1RQ Ch. 1 - Prob. 2RQ Ch. 1 - Prob. 3RQ Ch. 1 - Prob. 4RQ Ch. 1 - What is discretionary reporting?Ch. 1 - Prob. 6RQ Ch. 1 - Prob. 7RQ Ch. 1 - Prob. 8RQ Ch. 1 - Prob. 9RQ Ch. 1 - Prob. 10RQ

Explain the four levels of activity in the pyramid representing the business organization and difference between horizontal and vertical flows of information.

Explain the four levels of activity in the pyramid representing the business organization and difference between horizontal and vertical flows of information.

Explanation of Solution

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