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Determine the factors of Large organisations
- Greater efficiency and productivity achieves economies of scale
- Easier to manage, organise and control workers through hierarchy, specialisation and rules/procedures
- Less reliance on key personnel
- Coordination and control complex and costly
- Remove initiative/workers lose control
- Boredom, frustration and de-motivation of workers e.g. feel like a small cog in a large machine.
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What is the explanation for leaset cost selection
Financial assets: Financial assets/instruments represent the financial obligations that arise when the borrower raises funds in the financial market. In exchange for the funds
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B.J. Industries has a current ratio of 2.5, with $2.5 million in current assets. Due to sales growth, the company wants to expand accounts receivable and inventories by
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