You are part of a small team that develops your company’s products. Your team is facing competition on the market and time and cost pressures internally. In order to manage these circumstances and encourage innovation, you’ve built a team culture that encourages rapidly testing and iterating upon new ideas. One of your colleagues, however, has struggled with wanting to find the perfect solution before taking action. This caused delays, impacting team performance, and frustration for many team members as they felt held back. Yet, nobody said anything to him. You want to provide him with considered feedback to help him get comfortable with experimentation and risk taking. What will you say to him? How will you give the feedback to highlight his behaviors and encourage a change? Make sure your feedback focuses on the positive: the outcome or impact your colleague will have if he changes his behavior – this will motivate and encourage him!

Answers

Answer 1

Answer:

Here.

Explanation:

I would say things like there's a problem with this, lets get together and fix it or this is perfect! Or this is good but we might have some adjustments to make. I would pay attention to every little detail to make this product a success!

Answer 2

The best approach to reach out to the affected worker would beto:

Ask him why he has a problem with finding solutions and taking actionSuggest workable solutions which you and members of the team have used successfullyExplain to him that his indecision is impacting the team work.

All these are important when giving considered feedback to the worker so that he knows how his poor performance is affecting members of his team.

Furthermore, by giving him workable solutions he would be forced to implement them and if this still does not work, it would be justified if he is replaced with a more capable worker.

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Related Questions

Compared to Country Y, Country X has a comparative advantage in producing computers. Country Y has a comparative advantage over Country X in producing automobiles. How can the two countries BEST take advantage of this situation?
Country X and Country Y can impose barriers to trade between themselves.

Country X and Country Y can specialize their production and trade with each other.

County Y can stop producing goods and import all of its products from Country X.

Country X can stop producing goods and import all of its products from Country Y.

Suppose the value of the Japanese yen appreciates relative to the US dollar. Who would this benefit? Select all that apply.
Japanese tourists visiting the United States

US tourists visiting Japan

Japanese exporters of goods to the United States

US importers of goods from Japan

Japanese importers of goods from the United States

Look at the exchange rate table. Then answer the question that follows.

Ethan is an American who buys and sells goods in the international market. He recently bought goods that cost 10,000 yen from a company in Japan. How much money did he spend in US dollars?$100

$1,000

$10,000

$100,000

Answers

When a country or organization is able to produce a certain good or service at a lower opportunity cost than competitors, such country organization is said to have a comparative advantage on such product.

1.)

Hence, the best way to both countries can take advantage of the situation is for countries X and Y to specialize in that good in which it has comparative advantage, then trade with one another.

2.)

Since the Japanese yen has appreciated over the dollar, then, the beneficiaries would be ;

Japanese importers of goods from the United StatesJapanese tourists visiting the United States

These is because they could get more with less.

3.)

Total cost of goods = 10,000 yen

100 yen = $1

10000 yen = x

Cross multiply

100x = 10000

x = 10000 ÷ 100

x = 100

Hence, Ethan has spent $100

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What is a click-and mortar store?



a store with an actual building



a store that sells online only



a store that sells products in malls



a store that sells products in stores and online

Answers

Answer:

a store that selles product in stores and online

Fireplace Service company provides fireplace cleaning services and has variable costs of $100 per fireplace cleaning and revenue of $250. Their contribution margin is $_____.

Answers

Based on the cleaning and revenue costs, we can calculate that the contribution margin is $150

The contribution margin refers to the amount left from revenue after variable costs are removed.

Contribution margin = Revenue - Variable costs

The contribution margin here is therefore:

= 250 - 100

= $150

In conclusion, the contribution margin is $150.

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explain why percentage decreases can never exceed 100%

Answers

Answer:

Because if they do they won’t get any money and they will basically sell it for free

Explanation:

pls brainliest

Skinner Baking Company is ready to launch a coffeecake line under the Skinner Baking 108 label. Which condition for favorable branding will likely be easiest for Skinner Baking Company to achieve

Answers

Answer:

Hybrid bikes

Explanation:

Minor Corporation purchases 5,000 shares of its $4 par common stock at $7 per share and also has an outstanding loan of $100,000.
Under the provisions of the contract of the loan, Minor is required to maintain 25% of the balance of the loan in retained earnings at
all times. What is the current minimum retained earnings restriction for the company?
O $40,000
O $45,000
O $60,000
O $0

Answers

The current minimum retained earnings restriction for the company is $60,000

Restriction of retained earnings for Loan = Outstanding loan *  % of maintained balance

Restriction of retained earnings for Loan = $100,000 * 25%

Restriction of retained earnings for Loan = $25,000

Restriction of retained earnings for treasury Stock = Purchased shares * $7 per share

Restriction of retained earnings for treasury Stock = 5000 shares * $7

Restriction of retained earnings for treasury Stock = $35,000

Current Minimum retained earnings restriction = Restriction of retained earnings for Loan + Restriction of retained earnings for treasury Stock

Current Minimum retained earnings restriction = $25,000 + $35,000

Current Minimum retained earnings restriction = $60,000

Therefore, the Option C is correct because current minimum retained earnings restriction for the company is $60,000

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Bonds Issued at a Discount (Effective Interest) Crafty Corporation received $472,088 of cash upon issuance of 500, $100 par value bonds. Each bond has a stated rate of 5% and will mature on December 31, 2030, 7 years after the issuance of the bonds. Interest is paid annually on December 31. The market rate of interest is 6%. Required: Prepare the journal entry for December 31, 2026. If an amount box does not require an entry, leave it blank. When required, round amounts to the nearest whole dollar. 2026 Dec. 31 Interest Expense Interest Expense Interest Expense Discount on Bonds Payable Discount on Bonds Payable Discount on Bonds Payable Cash Cash Cash Prepare the journal entry for December 31, 2027. If an amount box does not require an entry, leave it blank. When required, round amounts to the nearest whole dollar. 2027 Dec. 31 Interest Expense Interest Expense Interest Expense Discount on Bonds Payable Discount on Bonds Payable Discount on Bonds Payable Cash Cash Cash

Answers

The Crafty Corporation will record the following Journal Entries:

1. Dec. 31, 2026:

Debit Interest Expense $28,325

Credit Discount amortization $3,325

Credit Cash $25,000

To record the first interest payment and amortization of discount.

2. Dec. 31, 2027:

Debit Interest Expense $28,525

Credit Discount amortization $3,525

Credit Cash $25,000

To record the second interest payment and amortization of discount.

Data and Calculations:

Cash proceeds from bonds issuance = $472,088

Face value of bonds = $500,000

Discounts on bonds = $27,912 ($500,000 - $472,088)

Coupon interest rate = 5%

Market interest rate = 6%

Maturity period = 7 years

December 31, 2026:

Interest expense = $28,325 ($472,088 x 6%)

Cash paid = $25,000

Discount amortization = $3,325 ($28,325 - $25,000)

Bond's value = $475,413 ($472,088 + $3,325)

December 31, 2027:

Interest expense = $28,525 ($475,413 x 6%)

Cash paid = $25,000

Discount amortization = $3,525 ($28,525 - $25,000)

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which one of the following statement is false in respect of public law ?
A public law determines of state authority
b constitutional is a brach of public law
c relationship between the state and members of public are always equal

Answers

Answer:

The correct answer is C!

Explanation:

Fariq purchases and places in service in 2020 personal property costing $2,611,000. The taxpayer plans to apply the Sec. 179 deduction, but not bonus depreciation. What is the maximum Sec. 179 deduction that Fariq can deduct, ignoring any taxable income limitation

Answers

The maximum deduction that Fariq can deduct is $1,019,000

Solution

In the year 2020, the Sec 179 deduction expense is given as 1040000 dollars. This the deduction expense given that the qualifying personal property has a worth that is greater than 2590000 dollars.

Then the phase out would be the difference between the amount of investment and property cost

Phase out = 2611000 - 2590000

= 21000 dollars

Maximum Sec. 179 deduction = $1,040,000 - 21000

= $1,019,000

The maximum deduction that Fariq can deduct is therefore $1,019,000

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The volume of export activity in the world economy has increased as exporting has become easier, especially due to the gradual decline in trade barriers under the umbrella of GATT and now the WTO. Regional economic agreements such as the European Union and the North American Free Trade Agreement have also significantly increased export opportunities. Even though export activity in the world economy has increased, exporting remains a challenge for many firms. Smaller enterprises can find the process intimidating due to a host of issues ranging from mechanics of importing and exporting to dealing with countertrade. There are several promises and pitfalls to exporting. Read each statement to determine if it is true or false.

Answers

The statement that many novice exporters underestimate the time and expertise needed to cultivate business in foreign cultures is logically true.

From the complete question, it should be noted that exports account for a large percentage of the United States firm's sales.

Furthermore, large revenue and profit opportunities abound in foreign markets for most firms in most of the industries

In conclusion, many foreign customers do not require face-to-face negotiation when conducting business.

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QUESTION 10 of 10: You have been promoted to buyer for a mall-based fashion retailer. With your promotion, you will earn an additional
$4,000 per year. If you previously earned $58,000, what is the percentage increase in your salary?

Answers

6.9% or 14.5%

Explanation:

I did the math

I belive 6.9% is the correct answer tho

If Maverick Incorporated can reasonably estimate warranty costs as 2% of total monitor sales each year, what will the company need to do to account for the lifetime warranty in its financial statements

Answers

Answer:

Record it as a liability

Explanation:

If Maverick Incorporated can reasonably estimate warranty costs as 2% of total monitor sales each year, the company needs to record as per liability account for the lifetime warranty in its financial statements.

What is Liability?

Accounts payable, wages and taxes are examples of current responsibilities, which are fully owed for continuing costs. Current obligations will also include costs on long-term debt due in the subsequent year.

Liabilities include things like -

a bank loan

a mortgage loan

Amount due to suppliers (accounts payable)

Settled wages

tax debt

Liabilities are listed on a corporation balance sheet. The entire number of liabilities must match the contrast between the total quantity of assets and the total quantity of equity, according to the accounting equation.

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A ____________ contract is an agreement that is not a contract at all because it lacks one or more of the legal elements required to form a contract.

Answers

Answer:

void

Explanation:

Universal Bank pays 7% interest, compounded annually, on time deposits. Regional Bank pays 6% interest, compounded quarterly. Based on effective interest rates, in which bank would you prefer to deposit your money?

Answers

Rate Assumptions: 500,000 Loan, 60% Loan-To-Value, Rate and Term Refinance, 740+ Credit Score, 180-month loan term, Rate Lock of 30 days. All closing costs are rounded to the nearest discount point. Request a quote to find out what you’re eligible for. We do not require a credit check for a written quote.

Briefly explain 2 functions of an offcice

Answers

Answer:

An office is the center point of organization. ... The office performs a clerical function such as information collection, recording analyzing, distribution of information and executive function such as planning, policies formulation, organization, decision making etc.

Explanation:

A Virginia county is considering whether to pay $50,000 per year to lease a prisoner transfer facility in a prime location near Washington, D.C. They estimate it will cost $50 per prisoner to process the paperwork at this new location. The county is paid a $75 commission for each new prisoner they process. What would be the county's annual profit if they were to process 4,000 prisoners per year at this new location

Answers

Based on the information given  the county's annual profit if they were to process 4,000 prisoners per year at this new location is $50,000.

Annual profit=Total revenue-Total cost

Where:

Total revenue=(4,000×$75)=$300,000

Total cost=[(4,000×$50)+$50,000]=$250,000

Let plug in the formula

Annual profit=(4,000×$75)-[(4,000×$50)+$50,000]

Annual profit=$300,000-($200,000+$50,000)

Annual profit=$300,000-$250,000

Annual profit=$50,000

Inconclusion  the county's annual profit if they were to process 4,000 prisoners per year at this new location is $50,000.

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A jeans maker is designing a new line of jeans. These jeans will sell for $410 per unit and cost $328 per unit in variable costs to make. Fixed costs total $120,000. The contribution margin ratio is:

Answers

Based on the fixed costs and the variable costs, the contribution margin ratio is 20%.

The Contribution margin is calculated as:

= Selling price - Variable costs

= 410 - 328

= $82

The Contribution margin ratio is:

= Contribution margin / Selling price

= 82 / 410 x 100%

= 20%

In conclusion, the contribution margin ratio is 20%.

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Walt Disney reports the following information for its two Parks and Resorts divisions. U.S. International Current Year Prior Year Current Year Prior Year Hotel occupancy rates 87 % 83 % 79 % 78 % Assume Walt Disney uses a balanced scorecard and sets a target of 85% occupancy in its resorts. (1) Which division(s) exceeded the occupancy target during the current year

Answers

The division that exceeded the occupancy target during the current year was the United States because it had 87% occupancy.

A balanced scorecard is a management model that groups together various data to evaluate the result of a strategy related to the objectives.

A balanced scorecard works through indicators that allow aligning the behavior of the organization's members with the company's strategy.

Based on the above and the chart, the only resort that exceeded the occupancy target (85%) during the current year was the United States resort (87%)

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Harris Corporation has ​$407 million in​ cash, and 116 million shares outstanding. Suppose the corporate tax rate is 32% and investors pay no taxes on​ dividends, capital​ gains, or interest income. Investors had expected Harris to pay out the $407 million through a share repurchase. Suppose instead that Harris announces it will permanently retain the​ cash, and use the interest on the cash to pay a regular dividend. If there are no other benefits of retaining the​ cash, how will​ Harris' stock price change upon this​ announcement?

Answers

Answer:

369

Explanation:

407x116=369

a. Suppose the Federal Reserve wants to increase the money supply. What should it do to accomplish this goal

Answers

If the Federal reserve want to increase the money supply what they would do would be to reduce or lower the discount or the interest rate in the economy.

When the interest rate is lowered, it would discourage savings. There would be an increase in the consumption of goods and services in the economy.

Also lowering the discount rate is going to cause the banks to want to borrow more reserves from the Fed. It would then be able to create more loans.

This would lead to a raise in the money supply.

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hi yabbo daboo gama juice

Answers

Answer:

don't even know what u really saying

Sullivan Equipment Sales showed the following.

2020
Jan. 15 Sold $25,200 of merchandise for $29,400 to JanCo; terms 3/5, n/15.
16 Wrote off Fedun’s account in the amount of $15,200.
20 Collected the amount owing from the January 15 sale.
Mar. 1 Accepted a $12,080, 60-day, 7% note dated this day in granting Parker Holdings a time extension on its pastdue account.
Apr. 15 Sold merchandise costing $62,200 for $71,400 to customers who used their Visa credit cards. Visa charges a 1% fee and deposits the cash electronically into the retailer’s account immediately at the time of sale.
? Parker Holdings honoured the note dated March 1.
Nov. 1
Accepted a $24,400, three-month, 6% note dated this day in granting Grant Company a time extension on its past-due account.
Dec. 31 Sullivan’s year-end. Interest was accrued on outstanding notes receivable.
31 Bad debts are based on an aging analysis that estimated $9,700 of accounts receivable are uncollectible. Allowance for Doubtful Accounts showed an unadjusted credit balance of $1,620 on this date.
2021
? Grant Company dishonoured its note dated November 1, 2020.
Mar. 5 Recovered $1,500 from Derek Holston that was previously written off.
14 Wrote off the Grant Company account.

Required:
a. Determine the maturity dates of the March 1 and November 1 notes.

b. Prepare entries as appropriate for each date. (Round the final answers to 2 decimal places. Use 365 days an year.)

Sullivan’s receivable turnovers at December 31, 2020 and 2021 were 7 and 7.5, respectively. Select the correct option for whether the change in the ratio for Sullivan was favourable or unfavourable.

Answers

a. The maturity date of the March 1 note is April 29 and that of November 1 note is Jan. 29.

b. Journal Entries:

2020

Jan. 15 Debit Cost of goods sold $25,200

Credit Inventory $25,200

Debit Accounts Receivable (JanCo.) $29,400

Credit Sales Revenue $29,400

terms 3/5, n/15.

Jan. 16 Debit Allowance for Doubtful Accounts $15,200

Credit Accounts Receivable (Fedun) $15,200

Jan. 20 Debit Cash $28,518

Debit Cash Discounts $882

Credit Accounts Receivable (JanCo.) $29,400

Mar. 1 Debit Notes Receivable $12,080

Credit Accounts Receivable (Parker Holdings) $12,080

60-day, 7% note  

Apr. 15 Debit Cost of goods sold $62,200

Inventory $62,200

Debit Cash from Visa $70,606

Debit Visa Card Expense $714

Credit Sales Revenue $71,400

April 29 Debit Cash $12,219

Credit Accounts Receivable (Parker Holdings) $12,080

Credit Interest Received $139

Nov. 1  Debit Notes Receivable $24,400

Credit Accounts Receivable (Grant Company) $24,400

three-month, 6% note  

Dec. 31 Debit Interests Receivable $244.67

Credit Interest Income $244.67

($24,400 x 6% x 61/12)

Dec. 31 Debit Bad Debts Expense $9,700

Credit Allowance for Doubtful Accounts $9,700

2021

Jan. 29 Debit Accounts Receivable (Grant Company) $24,760.99

Credit Notes Receivable $24,400

Credit Interests Receivable (Grant Company) $244.67

Credit Interest Income $116.32

dishonoured its note dated November 1, 2020.

Mar. 5 Debit Accounts Receivable (Derek Holston) $1,500

Credit Allowance for Doubtful Accounts $1,500

Debit Cash $1,500

Credit Accounts Receivable (Derek Holston) $1,500

Mar. 14 Debit Allowance for Doubtful Accounts $24,760.99

Credit Accounts Receivable (Grant Company) $24,760.99

Data Analysis:

2020

Jan. 15 Cost of goods sold $25,200 Inventory $25,200 Accounts Receivable (JanCo.) $29,400 Sales Revenue $29,400 terms 3/5, n/15.

Jan. 16 Allowance for Doubtful Accounts $15,200 Accounts Receivable (Fedun) $15,200

Jan. 20 Cash $28,518 Cash Discounts $882 Accounts Receivable (JanCo.) $29,400

Mar. 1 Notes Receivable $12,080 Accounts Receivable (Parker Holdings) $12,080 60-day, 7% note  

Apr. 15 Cost of goods sold $62,200 Inventory $62,200 Cash from Visa $70,606 Visa Card Expense $714 Sales Revenue $71,400

April 29 Cash $12,219 Accounts Receivable (Parker Holdings) $12,080 Interest Received $139  

Nov. 1  Notes Receivable $24,400 Accounts Receivable (Grant Company) $24,400, three-month, 6% note  

Dec. 31 Interests Receivable $244.67 Interest Income $244.67 ($24,400 x 6% x 61/12)

31 Bad Debts Expense $9,700 Allowance for Doubtful Accounts $9,700

Allowance for Doubtful Accounts showed an unadjusted credit balance of $1,620 on this date.

2021

Jan. 29 Accounts Receivable (Grant Company) $24,760.99 Notes Receivable $24,400 Interests Receivable (Grant Company) $244.67  Interest Income $116.32

dishonoured its note dated November 1, 2020.

Mar. 5 Accounts Receivable (Derek Holston) $1,500 Allowance for Doubtful Accounts $1,500 Cash $1,500 Accounts Receivable (Derek Holston) $1,500

Mar. 14 Allowance for Doubtful Accounts $24,760.99 Accounts Receivable (Grant Company) $24,760.99

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Consequences of business policy

Answers

1. Management Should formulate business that are favorable to the interest of the society. By doing this its also promoting its own business interest. Cleary a business organization cannot operate within the a sick society.

2. •Products are adulterated. •Political bribery •Illegal gifts • and other illegal incentives.

3. Consumers are generally weak to fight such as negative business activities, particularly among the poor countries. Consumers in the rich countries are more vigilance against business abuses.

4. Management must consider the impact of every business action upon society. It has to consider whether the action is likely to promote the public good, to advance the basic beliefs of our society, to contribute to its stability, strength and harmony

5. •Should you have a partner? •What type of business organization is the best for you? •Laws that may affect you? •How can your professional help you?

6. The profit factor is a vital element of business. The first responsibility of management is to operate at a profit.

7. Consumers tend to purchase more goods at lower price. And will they get more profit because more goods are bought.

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Sarjit and Rhonda have both recently completed graduate level training in liberal arts programs. Although they studied in different fields, they are similar to each other in human capital value in the labor market. According to ________, this similarity defines Sarjit and Rhonda as belonging to the same economic class.

Answers

Economic classes refer to the position of people on the earning ladder. For Sarjit and Rhonda, the theory that classifies them into the same economic class is that of;

Karl Marx

According to Karl Marx, there are two economic classes, namely, the bourgeoisie and the proletariat. The bourgeoisie are the rich and working-class members of society while the proletariats are the workers.

Given this classification, Sarjit and Rhonda belong to the same economic class of workers.

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Firms that use Groupon to communicate their products are actively engaged in Multiple Choice viral marketing. advertising. product placement. infomercials. personal selling.

Answers

The term that describes what the Firms engage in by using Groupon to communicate their products is Advertising.

Advertising can be regarded as attempt to influence the buying behavior of customers as well as clients.

It involves using means such as radio, television or internet to communicate about ones product to the consumer.

Therefore, advertising is correct term.

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Which is an advantage to buying something online?



You can try it right away.



You can take it home with you.



You can compare prices more easily.



You might have to pay for shipping.

Answers

Answer:

pay for shipping :)

Explanation:

Hope it helppsss

A company failed to record unrealized gains of $37 million on its available for sale debt security investments. Its tax rate is 25%. As a result of this error, comprehensive income would be:

Answers

Answer:

Question #1

A company failed to record unrealized gains of $32 million on its available for sale security investments. Its tax rate is 35%. As a result of this error, comprehensive income would be:

a) Understated by $20.80 million

b) Overstated by $11.20million

c) Understated by $32.00 million

d) Unaffected

Question #2

A company failed to record unrealized gains of $21 million on its trading security investments. Its tax rate is 40%. As a result of this error, total shareholders' equity would be:

a) Understated by $12.60 million

b) Understated by $21.00 million

c) Understated by $8.40 million

d) Unaffected

PLEASE show me your entire work for full credit. Thanks!!

An economy has two workers, Anne and Bill. Per day of work, Anne can pick 30 apples or 120 bananas, and Bill can pick 40 apples or 40 bananas. Anne and Bill each work 200 days per year. a. Anne's opportunity cost of picking one more apple is . Bill's opportunity cost of picking one more apple is . has a comparative advantage in apple picking. has an absolute advantage in apple picking.

Answers

Opportunity Cost is the opportunity or cost lost because another product or commodity is chosen.

Comparative advantage is when a person or entity gives up a lower opportunity cost for the same product or thing compared to the other person or entity.

Absolute advantage means when a person can produce or do more of a thing then the other person.

Anne's opportunity cost of picking an apple is 4 bananas.

Bill's Opportunity cost of picking an apple is 1 banana.

Bill has a comparative advantage of picking an apple.

Bill has an absolute advantage of picking an apple

Anne can pick 30 apples and 120 bananas.

It means if she picks an apple she will have to leave out 4 bananas.

Her opportunity cost of picking an apple is 4 bananas.

Similarly Bill has to give up 1 banana to pick another apple.

Bill's Opportunity cost of picking an apple is 1 banana.

Anne's opportunity cost of picking an apple is 4 bananas.

Bill has a comparative advantage of picking an apple because he will have to leave out only 1 banana as compared to Anne who has to leave out picking 4 bananas .

Anne's opportunity cost of picking a banana is 1/4 apples.

Bill's Opportunity cost of picking a banana is 1 apple.

Bill has an absolute advantage of picking an apple because he can pick more apples (40× 200= 8000) as compared to Anne who can pick less apples in the given number of days (30× 200= 6000)  if resources are fixed.

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What might Sony and the U.S. government done differently to discourage future such attacks on other U.S. organizations

Answers

There are different things Sony and the U.S. government might do differently to discourage future attacks on other U.S. organizations. Some of the things to do include "carrying out situational awareness of the networks."

Other things they might need to do includes the following:

Training and educating their personnel.

Sony and U.S. government need to cooperate on cyber security.

Identify and share cyber information relating to threats and attacks among companies and international organizations.

There should be legislation to safeguard the stakeholders involved in protecting cyberspace from violating privacy and civil liberties when conducting their work.

Hence, in this case, it is concluded that there are various credible means Sony and the U.S. government might discourage future attacks.

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Amy convenes a meeting to rethink the organizational structure to avoid being beat to the market by a competitor again. Based on your initial impressions of the situation, which solution do you think might be more effective: increase formalization or reduce hierarchy

Answers

Amy should reduce hierarchy if she wants to avoid being beaten by competitors.

A reduction of hierarchy will realign the company to achieve its goals faster than operating with a formalized hierarchy. This restructuring or delayering is known as empowerment.

The advantages that Amy will achieve by delayering or reducing hierarchy include:

Simplifying the organization's management structuresReducing its bureaucracyCutting its communication pathsSpeeding up decision-makingPushing responsibility down to lower organizational levels (through empowerment).

Thus, Amy should rethink the organizational structure by reducing the hierarchy, making the decision-making process accessible.

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