Some jobs pay a commission plus a bonus at the end of the year. the bonus may be a percent of the salesperson's total commission.
a) If Sales equal $6412454,
Gross Pay equals $471315.369.
Gross Pay equals $30315.369
if Sales are $412454.
c) If sales equal $316250,
gross pay is equal to $23244.375.
This inquiry is straightforward. Madelyn's salary consists of a commission and a bonus. Sales commissions are 7%, while bonuses are 5% of commissions. Therefore:
a) Her gross salary will consist of the following if her sales are $6412454:
Gross Pay is equal to $6412454 x 7% plus ($6412454 x 7%) x 5%.
$448871.78 plus $22443.589 is the gross pay.
$471315.369 is the gross pay.
I'm going to additionally figure out the gross pay for her sales, which comes out to $412454, just in case there's a typo in the question.
Gross Pay = $412454 * 7% + ($412454 * 7%) * 5%.
$28871.78 plus $1443.589 is the gross pay.
= $30315.369 Gross Pay
b) Should she make $316250 in sales,
the following will be included in her gross compensation:
Gross Pay equals $316250 x 7% plus ($316250 x 7%) x 5%.
$22137.5 plus $1106.875 is the gross pay.
$23244.375 is the gross pay.
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a comprehensive performance measurement tool that reflects the measures critical to the success of the firm's strategy and provides a means for aligning performance measures to the strategy is .
A comprehensive performance measurement tool that reflects the measures critical to the success of the firm's strategy and provides a means for aligning performance measures to the strategy is known as the balance scorecard.
How to explain the information?It should be noted that in every organization, the performance of the employees is evaluated by the organization.
The process of gathering, evaluating, and/or reporting data about a person, group, organization, system, or component's performance is known as performance measurement.
This is important to achieve organizational goals and objectives. It should be noted that this can be done through the use of a balance scorecard.
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what is one disadvantage of npv as a capital budget method? it can be very difficult to calculate, even if inputs like cash flows are quite clear. it cannot be used to compare mutually exclusive investments. although the weighted average cost of capital is commonly used as the discount rate, it is not a perfect input. it can only be used to evaluate bonds.
Although the weighted average cost of capital is commonly used as the discount rate, it is not a perfect input is one disadvantage of NPV as a capital budget method. Thus, option C is correct.
What is the budget?A budget can be defined as the amount that is being fixed or allowed to a certain task or subject.
The expense a firm spends in modern capitalism typically changes from time to time depending on the current cost of borrowing credit as well as the yield to maturity for investors, making it highly challenging to quantify.
One drawback of NPV as a capital spending method is that, despite being frequently employed as a discount factor, the weighted average cost of capital isn't a flawless source. Therefore, option C is the correct option.
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what is the standard input measure for productivity calculations? part 2 a. sales b. energy c. labor hours d. materials
The usual entry degree for productivity calculations is energy.
Productiveness is the nation of being able to create, mainly at a high excellent and quick velocity. An instance of productiveness is being able to make great college initiatives in a restricted amount of time. An instance of productivity is how speedy a toy manufacturing unit is able to produce toys.
Place of work productivity pertains to the quantity of labor that your body of workers can produce over a sure length. In different words, it is the degree of the entire output (items and offerings) versus the entire input (hard work and fees).
These may be competencies that assist a person to excel at his/her job, however, they also can be abilities that convey groups collectively to work more correctly for more intention. Examples of productivity abilities consist of time control, organizational and planning capabilities, hassle fixing, and selection-making talents.
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select one advantage of irr as a capital budget method. it is simple to understand because it ignores the time value of money. it accurately reflects the reinvestment rate risk. it is more useful than npv analysis when evaluating mutually exclusive projects. the irr can easily be evaluated alongside a company's threshold rate.
d) The IRR can easily be evaluated alongside a company's threshold rate
IRR can be compared with the cost of capital and can be decided if the project is profitable or not. a is incorrect as NPV is a more useful method. b is incorrect as IRR ignores reinvestment risk. c is incorrect as IRR takes into account the time value of money.
ROI is an easy calculation that indicates the number of investment returns in comparison to the initial funding amount. IRR, however, gives an estimated annual charge of return for the funding over time and offers a “hurdle fee” for evaluating different investments with various coin flows.
IRR is the charge of hobby that makes the sum of all cash flows 0 and is useful to compare one investment to every other. Inside the above instance, if we update 8% with 13.92%, NPV will become zero, and that is your IRR. Therefore, IRR is defined as the discount price at which the NPV of an undertaking turns into 0.
The IRR is an exquisite manner to assess and compare the returns of various investments. The IRR offers a smooth-to-recognize average overall performance of variable cash flows over the lifestyles of funding. It's miles critical to compare the IRR of funding in opposition to suitable overall performance benchmarks.
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the percentageloading... increase in productivity is 167% (enter your response as a percentage rounded to two decimal places).
The shares loading growth in productivity is 167%: To display your corporation's success, often measure the percentage of the trade in productiveness.
Productivity is the performance of the production of products or offerings expressed with the aid of some measure. Measurements of productiveness are frequently expressed as a ratio of aggregate output to a single enter or a mixture input used in a manufacturing system, i.e. output in line with a unit of input, normally over a selected time frame.
Productivity, in economics, measures output per unit of input, inclusive of exertions, capital, or any other resource. it is regularly calculated for the financial system as a ratio of the gross home product (GDP) to hours worked.
Productiveness is the country of being able to create, in particular at a high great, and short pace. An instance of productiveness is being able to make excellent school initiatives in a restricted quantity of time. An example of productivity is how speedy a toy manufacturing unit is able to produce toys.
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Summer Jobs, Volunteer, and Extracurricular Activities are examples of things you can do to increase?
Summer Jobs, Volunteer and extracurricular Activities are Work is definitely considered an extra-curricular activity and is perfect for applying to college. It can show your interest and is a strong indicator of your passion.
Job applications and many individual college applications combine extracurricular activities with community service volunteer work family activities, and hobbies. Honors are a separate category as they are recognition of achievement rather than actual activity.
Popular activities include sports boy his scout's art theater music, and community service. Many children also participate in school-related organizations such as student councils, competitive academic clubs such as Model United Nations and math clubs, and affinity groups that help bond children with a common identity. Less than this may indicate a lack of motivation to try new things, and much more than 6 activities are unsustainable for most students.
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What are the fees that are charged at an ATM machine linked to?
Answer:
The non-Bank of America ATM usage fee is $5. This fee is assessed for each withdrawal, transfer or balance inquiry performed at a non-Bank of America ATM in a foreign country. In addition, the ATM operator may charge an access fee for cash withdrawals.
True or false: Corporate Social Responsibility (CSR) and corporate profits can at times go hand in hand.
True false question.
True
False
Answer:
TRUE
Explanation:
I think that answer
you are the property book officer, and you want to issue a piece of equipment to the maintenance section. what document would you use to accomplish this>
You are the property book officer, and you want to issue a piece of equipment to the maintenance section. the document you use to accomplish this serial number.
Answerable for all authorities supplied belongings requests, receipts, and transfers of GFE to contractors and determine and coordinate assets transfer records. gives widespread steering and policies to regarding belongings management procedures for all government-supplied property. by means of making sure assets are assigned and one hundred percent accounted for, commanders increase their chance of maintaining delivery of the subject.
The property book account is a proper set of belongings accounting statistics and documents maintained at the consumer level. it is used to document and account for all nonexpendable and other accountable assets issued to the interest. the following are a few types of equipment used to assign obligations for belongings: belongings books, hand receipts, sub-hand receipts, temporary hand receipts, and system receipts. to show a listing of purchase orders for Provisions and to show a listing of buy orders for stock.
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1. A formal report that shows what an individual owns, what an individual owes, and the difference
between the two.
A formal report that shows what an individual owns, what an individual owes and the difference between the two is a net worth statement.
Net worth is the value of all non-financial and financial assets held by an individual or entity minus the value of all their outstanding liabilities. Since financial assets minus outstanding liabilities equals net financial assets, net worth can also conveniently be expressed as non-financial assets plus net financial assets.
It can apply to companies, individuals, governments or economic sectors such as the financial group sector or to entire countries.
Net worth is a combination of financial assets and financial liabilities. Financial assets that contribute to net worth include homes, vehicles, various types of bank accounts, money market accounts, stocks, and bonds. Liabilities are financial obligations such as loans, mortgages, and accounts payable (AP) that drain resources.
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In economics, the pleasure, happiness, or satisfaction received from a product is called.
Utility is the term used in economics to describe the joy, happiness, or satisfaction derived from a product. When economists argue that people make rational decisions in their own best interests, they mean that people actively seek out and take advantage of chances to maximise their utility.
Economics uses the idea of utility to imitate worth or value. Its use has significantly evolved throughout time. The word was initially used to characterise pleasure or happiness as a component of the utilitarianism hypothesis by moral philosophers like Jeremy Bentham and John Stuart Mill.What four distinct utility kinds are there?People buy goods and services in order to be happy or get an advantage. People can satisfy a need or want as a result of drinking it. This situation is referred to asTo Learn more About Utility in Economics, Click the links.
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a(n) is a way of organizing the activities that each strategic business unit undertakes to design, produce, promote, market, deliver, and support the products or services it sells.
Value Chain is a way of organizing the activities that each strategic business unit undertakes to design, produce, promote, market, deliver, and support the products or services it sells.
Value Chain can be parted into two classifications that add to it's edge are:-
Primary Activity are those that go straightforwardly into the formation of an item or the execution of a help, including:
Inbound operations, tasks, outbound coordinated, and Marketing and Sales.
Support Exercises the job of support exercises is to assist with making the essential exercises more proficient.
Acquisition, Innovative turn of events, Human Resource Management, and Foundation.
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who is responsible for ordering an appraisal, completing the loan application, ordering a home inspection, and obtaining homeowners insurance before closing?
The buyer is responsible for ordering an appraisal, completing the loan application, ordering a home inspection, and obtaining homeowners insurance before closing.
A buyer is typically liable for paying for his or her own appraisal and residential inspection. However, there are times when a seller could opt to pay money for either or both of those costs. The mortgage lender orders the appraisal and is the appraiser's client.
There is no legal requirement for either the customer or the vendor to purchase a land survey. In general, the party who wants the survey is the one who pays. As an example, if the vendor wants the survey, then they have to get in the cash, and likewise for the customer.
One-twelfth of the annual taxes and payment in every month. a credit to the client and a debit to the vendor. Who pays the appraisal fee on the property? Usually the client pays for the appraisal, but that payment is often the topic of negotiation between the customer and therefore the seller. Title Companies Protect Both Buyers And Sellers.
Your title shows who's owned the property within the past, contains an outline of the property home inspection and shows if there are any liens on that. Your title company could be a neutral third party hired by you to research and insure the title of the house you're buying.
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an american company recently won a huge contract with a company in indonesia, by gifting the indonesian government officials with american cars and an assurance of monetary gifts. clearly, this procedure
In a case whereby an American company recently won a huge contract with a company in Indonesia, by gifting the Indonesian government officials with American cars and an assurance of monetary gifts. clearly, this procedure, violates the Foreign Corrupt Practices Act.
What is Foreign Corrupt Practices Act?The Foreign Corrupt Practices Act (FCPA), can be described as the act that was put in place to help those that are in business, however, this act was enacted in 1977, so as to be able to bring about the prohibition of t the payment of bribes to foreign officials to assist in obtaining or retaining business.
Therefore, when American company recently won a huge contract with a company in Indonesia, by gifting the Indonesian government officials with American cars and an assurance of monetary gifts. clearly, this procedure, violates the Foreign Corrupt Practices Act.
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The largest component in the basket of goods and services used to compute the cpi is.
The largest component of goods and services within the CPI basket is housing, which makes up 41% of the everyday patron's finances.)
The largest component grid refers to the most set of cells such that you could circulate from any cellular to every other cellular in this set with the aid of simplest shifting among facet-adjacent cells from the set.
A large component is a linked element of a community that contains a great percentage of the entire nodes in the network. commonly because the network expands the giant thing will keep having a vast fraction of the nodes.
A large -component is an equivalence magnificence below the equivalence relation which makes it equivalent to if there is a route from to. the space is said to be direction-linked (or pathwise connected or -connected) if there's exactly one direction component, i.e. if there may be a path becoming a member of any two factors.
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hite tiger electronics produces cd players using an automated assembly line process. the standard cost of cd players is $ per unit (labor, $; materials, $; and overhead, $). the sales price is $ per unit.
To achieve a 13 percent multifactor productivity improvement by reducing materials costs only, one needs to reduce the materials cost by 24.926 percent
300 / 143 = 2.0979
2.0979*1.13 = 2.370629
300/2.370629= 126.54867
143-126.54867 = 16.451327
16.451327/66*100 = 24.926%
According to the multifactor productivity idea, improving input productivity will increase product cost effectiveness and boost total profitability. Efficiency may be attained either across the board or individually, depending on the needs of the business.
What is Material Cost?The price of the materials needed to produce a good or render a service is referred to as the material cost. All indirect materials required in the production process, such as cleaning supplies, are not included in the material cost. To calculate the material cost to assign to a unit of production (such as a finished good item), follow these steps:
Find out how much material is typically utilized to make one unit.Add the typical amount of scrap required to produce one item.Calculate the typical quantity of scrap required to configure the manufacturing run, then distribute it to each individual unit.If any scrap is subsequently sold, divide the proceeds among the several units.Complete Question -White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $143 per unit (labor, $31; materials, $67;and overhead, $45). The sales price is $300 per unit.
To achieve a 13 percent multifactor productivity improvement by reducing materials costs only, one needs to reduce the materials cost by __ percent
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a $340,000 property sells at a 7% commission with a 50-50 co-brokerage split and a 50% agent split with her broker. what is agent's commission?
$11900 is the agent's commission.
What is commission?Although real estate commissions are negotiable, they normally range from 5 to 6 percent of the selling price of a home. The specifics of an agent's compensation can vary from sale to sale, depending on the region and the company they represent.
The typical commission paid to real estate agents in California is from 5 to 6%. But commission rates on more expensive home and property sales range from 4 to 5 percent. Prior to signing a listing agreement, the commission is typically discussed between the seller and the agent.
In Texas, a realtor makes an average of $91,014 year. Reported salary totaling 718 as of August 31, 2022.
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firms that can effectively price discriminate can increase profitability when they engage in multiple choice predatory pricing. limit pricing. predatory pricing, limit pricing, and strategies that raise rival costs. strategies that raise rivals' costs.
Firms that can effectively price discriminate can increase profitability when they will engage in predatory pricing, Limit Pricing as well as strategies that raise rival cost.
Predatory pricing is the practice of lowering prices in order to drive competitors out of business. By eliminating competition, the company moves closer to becoming a monopoly, a privileged position of market dominance that could allow it to fix prices and defy natural supply and demand laws. Predatory pricing violates antitrust laws enacted in a variety of countries to protect consumers from predatory business practices and to ensure fair competition. The problem is that predatory pricing is not always easy to establish. Companies can deny that they cut prices to eliminate competition and instead claim that the actions were taken simply to compete.
A limit price is a price, or pricing strategy, in which a supplier sells products at a low enough price to make it unprofitable for other players to enter the market. Monopolies use it to discourage entry into a market, and it is illegal in many countries. The issue with limit pricing as a strategic behavior is that once an entrant has entered the market, the quantity used as a threat to deter entry is no longer the best response for the incumbent firm.
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Xyz corporation builds a manufacturing plant in mexico, employs mexican citizens, and receives favorable tax treatment by the mexican government. Xyz is.
Xyz is Using a maquiladora
Maquiladoras are factories or production facilities in Mexico. According to a 1989 order, the country's Secretariat of Commerce and Industrial Development has granted these firms, which are controlled by foreign organizations, permission to operate. Maquiladoras were initially created in the 1960s as a strategy to combat unemployment and promote foreign investment. As a result, they frequently work close to the border between the United States and Mexico. Businesses that use the maquiladora model might profit from a variety of advantages. The majority of the time, these firms export their goods outside of Mexico. An inexpensive factory in Mexico that is owned by a foreign company is known as a maquiladora.
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the auditor considers the relevance of each financial statement assertion, one at a time, after the and disclosures have been identified. (enter only one word per blank.)
The auditor considers the relevance of each financial statement assertion, one at a time, after the Significant Accounts and disclosures have been identified.
Who are Auditors?An auditor examines the financial statements of a company. They make certain that the company follows Generally Accepted Accounting Principles (GAAP) and tax regulations. They create detailed audit reports that include conclusions and best practice recommendations.
Audits identify and correct accounting errors. Furthermore, thorough auditing discourages the occurrence of errors in the first place. Auditors collect evidence to support their conclusions. A bachelor's degree in business, finance, or accounting is available to qualified candidates. Auditing is a lucrative career option because demand is increasing.
Auditors are qualified professionals who examine a company's financial records for any misrepresentations or discrepancies. They ensure that businesses follow various tax laws and regulations.
Internal, external, governmental, forensic, or technological audits are all possibilities.
Thus, Auditor is an important person in the finance world.
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is an obligation to deliver particular goods or perform certain acts according to an agreement such as
Returning a favor is an obligation to deliver particular goods or perform certain acts according to an agreement .
What is an obligation?A person is required by law or morality to act in a particular way. Obligations and other restrictions limit freedom. Those who are bound by obligations may choose to do so voluntarily. There is obligation when there is a choice between what is morally right and evil. Additionally, there are responsibilities in other normative situations, such as etiquette obligations, social obligations, religious obligations, and maybe political obligations, where obligations are requirements that must be fulfilled. Although some people are required to take certain actions for other reasons, such as tradition or social obligations, these obligations are often legal mandates that may carry consequences for noncompliance.
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one thing that distinguishes normative economic principles from positive economic principles is that:
One thing that distinguishes normative principles from positive principles is that normative principles tell us how people should make economic decisions, and positive principles tell us how people actually do make decisions.
Positive economics describes and explains various economic phenomena. Normative economics focuses on the cost of financial fairness, or what the economy "ought to be" or "need to be." At the same time as tremendous economics is primarily based on truth and can not be approved or disapproved, normative economics is based totally on price judgments.
2 superb & normative economic statements. Nice statements are statements about economics which may be demonstrated true or fake by way of proof. Normative statements are statements which can't with the aid of supported or refuted as they are cost judgements, i.e. reviews, approximately how economies and markets must work.
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with any product made like this, there are hidden costs and visible costs. the visible cost would be the final price of the clothjing. what are the hidden costs?
The hidden costs are the costs which are not often included in the final price of purchase.
The hidden costs are regarded as an unforeseen expenses which are added with the final price of the purchase. on to purchases. Such costs can be minor, or they can be major, such as the various closing costs which are being added on while buying a house.
There are example of hidden costs which may include, employee perks, administrative costs, turnover, phone and internet bills, professional services, legal fees, etc.
Hence, hidden costs are expenses which are not normally included in the purchase price.
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One of the biggest dangers confronting a company that goes abroad for the first time is the danger of being ill-informed. True or false?.
Answer: True! it's very vital to be informed when. going abroad. being ill informed is a path for many dangers! hope this helps!
you are bullish on telecom stock. the current market price is $52 per share, and you have $13,000 of your own to invest. you borrow an additional $13,000 from your broker at an interest rate of 8.2% per year and invest $26,000 in the stock.
Thanks For Sharing.
you are bullish on telecom stock. the current market price is $52 per share, and you have $13,000 of your own to invest. you borrow an additional $13,000 from your broker at an interest rate of 8.2% per year and invest $26,000 in the stock.
A person is bullish on telecom stock. The rate of return if the price of Telecom stock goes up by 10% during the next year is 11.80%.
Initial investment = $13,000 + $13,000
Initial investment = $26,000
Number of shares bought = $26,000 / $52
Number of shares bought = $500
Increase in share in one year = $52 × 10%
Increase in share in one year = 5.2
Initial investment = 26000
Weight = 2
Return = 10%
Weight return = 20.00%
Loan = -13000
Weight = -1
Return = 8.20%
Weight return = -8.20%
Rate of return = 11.80%
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Your question is incomplete, but most probably the full question was.
You are bullish on telecom stock. the current market price is $52 per share, and you have $13,000 of your own to invest. you borrow an additional $13,000 from your broker at an interest rate of 8.2% per year and invest $26,000 in the stock.
What will be your rate of return if the price of Telecom stock goes up by 10% during the next year? (Ignore the expected dividend.) (Round your answer to 2 decimal places.)
Rate of return %a reduction in the selling price because of damaged merchandise is included in sales returns and allowances.
Reduced selling prices due to damaged merchandise are included in returns and value adjustments. There is no relationship between sales returns and value adjustments and potential future sales losses. Returns and value adjustments are recorded in separate secondary income accounts.
Merchandising is any practice that contributes to the sale of products to retail consumers. At the retail level, merchandising refers to the presentation of products that are sold in creative ways that induce customers to purchase more items or products.
Visual display merchandising in retail means using product design, selection, packaging, pricing, and presentation to sell products and encourage consumers to buy more.
To do. This includes disciplining and discounting the physical presentation of products and displays and deciding which products to present to which customers and when. In retail, creatively linking related products and accessories is often a great way to encourage consumer purchases.
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the property of a resource allocation of maximizing the total surplus received by all members of society
Efficiency is the property of a resource allocation of maximizing the total surplus received by all members of society.
What is efficiency?The term "efficiency" refers to the peak level of performance that uses the fewest inputs to produce the greatest amount of output. Reduce the number of unnecessary resources used to produce a given output, including personal time and energy.
Efficiency is a quantifiable concept that can be calculated by dividing useful output by total input. Increased efficiency reduces the waste of resources such as physical materials, energy, and time while producing the desired output.
Efficiencies are classified into numerous categories. Some of the most important types are discussed below, including economic efficiency, market efficiency, and operational efficiency.
Economic Efficiency
Economic efficiency is the optimization of resources to best serve each person in that economic state. There is no set threshold for determining an economy's effectiveness, but indicators include goods brought to market at the lowest possible cost and labor that produces the greatest possible output.
Market Effectiveness
Market efficiency describes how well available information is incorporated into prices. This means that markets are efficient when all available information is already reflected in prices. There is no way to outperform the market because no securities are undervalued or overvalued.
Thus efficiency is of different types and maximizes the surplus.
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assume aaron and josé each own a small ranch, and each produces milk and cheese. one of them is better than the other at producing both milk and cheese (but we do not know who). which of the statements cannot be true regarding absolute or comparative advantage? aaron could have an absolute advantage in producing milk. josé could have a comparative advantage in producing cheese. aaron could have a comparative advantage in producing both milk and cheese. josé could have an absolute advantage in producing both milk and cheese. josé could have an absolute advantage in producing cheese.
The statement that cannot be true is josé could have a comparative advantage in producing cheese.
What is absolute and comparative advantage?A person has comparative advantage in production if it produces at a lower opportunity cost when compared to other people. A person has absolute advantage in the production of a good or service if he produces more quantity of a good when compared to other people.
We cannot say who has a comparative advantage in the production of either good because there is no information on the opportunity cost of either Aaron nor Jose.
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investment transactions and events prepare journal entries to record the following transactions and events, based on the assumption that the nonprofit, with a june 30 fiscal year-end, uses a single account to record all unrealized and realized investment gains and losses. then, prepare journal entries for events 2 and 3, based on the assumption that the nonprofit separates unrealized from realized investment gains and losses. 1. on july 15, a nonprofit received a donation of apple stock that had a fair value of $60,000 at the time of the donation. the donor told the nonprofit that the stock could be sold and used only to finance a particular research project. 2. on december 31, when the nonprofit closed its books, the stock had a fair value of $61,200. 3. on february 15, the nonprofit sold the stock for $60,800. 4. on march 15, the nonprofit spent the entire $60,800 on the research project for which the donor made the gift.
In order to document a business transaction in the accounting records of the company, a journal entry is employed. A journal entry is often made in the general ledger, but it can also be made in a subsidiary ledger and subsequently rolled forward into the general ledger after being summarized. After then, the general ledger is utilized to produce the company's financial statements.
In order to bring the financial statements into compliance with the applicable accounting framework, such as Generally Accepted Accounting Principles or International Financial Reporting Standards, an adjusting entry is utilized at month's end to make the necessary changes. If the business uses the accrual method of accounting, for instance, you could accrue unpaid pay at the end of the month.
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apps-a-plenty is a small organization that develops games to be sold as smartphone applications. apps-a-plenty does not maintain an office. rather, its four employees work from their homes. one lives in los angeles, one lives in philadelphia, one lives in miami, and one lives in atlanta. they collaborate via conference calls, video, meetings, and specialized software that allows them to work together in real time. apps-a-plenty is an example of
Apps-a-plenty is a small organization that develops games to be sold as smartphone applications. Apps-a-plenty does not maintain an office. rather, its four employees work from their homes. one lives in los Angeles, one lives in Philadelphia, one lives in Miami, and one lives in Atlanta. they collaborate via conference calls, video meetings, and specialized software that allows them to work together in real time. apps-a-plenty is an example of Virtual Organization.
What is a Virtual Organization?
A virtual organization is defined as the collection of individuals who occupy different geographical location and are able to work together through the means of electronic connectivity such as the internet in other to facilitate a production process.
According to the question, since all four employees of App-a-plenty alive in different locations and are able to communicate through conference calls, video meetings, and specialized software, the company is said to be a virtual organization.
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