The organization structure. Introduction: Organization structure defines how activities such as allocation of tasks, coordination and supervision are directed towards achieving the organizations goals. An organization can allocate the structure based on how their strategies are drawn, therefore based on the culture they will formalize their organization. Case summary: Abrahams store has expanded into several regions with a large number of stores across, therefore his organizational structure has also changed as result. Abrahams has a store manager, meat manager and a produce manager while also having regional managers. Since Abrahams has expanded into number of store in almost 4 regions and having a number of store within they have had some issues in the organization structure. Therefore, Doris had consulted a consultant on how to ensure that the stores within reduces the number of issues and conflicts within them.

Question

Steve Osbourne is considering opening a business, but the major decision faced is how to organize the business. Steve anticipates generating a massive profit during the first year and that the following years should be relatively profitable. Although he has enough to start the business now as a partnership, he believes cash flow may be an issue as the company grows. Steve believes that the corporate form of operation will be his best option and have hired you as a consultant and seek your advice. Answer the following questions for Steve. Explain the corporate characteristic termed “no mutual agency” Explain the corporate characteristic termed limited liability. Explain the term outstanding stock. Is it true or false that corporations muse issue common stock, but may or may not decide to issue preferred stock? Is it true or false that all forms and classes of stock carry voting rights? Is it true of false that stock sold for amounts in excess of par value results in a gain reported on…

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Question

Chapter 7, Problem 1AYSCFCA

Summary Introduction

To determine:

The organization structure.

Introduction:

Organization structure defines how activities such as allocation of tasks, coordination and supervision are directed towards achieving the organizations goals. An organization can allocate the structure based on how their strategies are drawn, therefore based on the culture they will formalize their organization.

Case summary:

Abrahams store has expanded into several regions with a large number of stores across, therefore his organizational structure has also changed as result.

Abrahams has a store manager, meat manager and a produce manager while also having regional managers. Since Abrahams has expanded into number of store in almost 4 regions and having a number of store within they have had some issues in the organization structure.

Therefore, Doris had consulted a consultant on how to ensure that the stores within reduces the number of issues and conflicts within them.

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