Which of the Following Is Most Likely to Be the Effect

question 12

Multiple Choice

Which of the following is most likely to be the effect of standardization?

• A) The actions of the employees become predictable.
• B) Managers span of control decreases.
• C) The number of levels in the hierarchy increases.
• D) The need for division of labor decreases.

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Definitions:

Book Value

The net value of a company's assets minus its liabilities, often used to assess a company's worth from a financial statement perspective.

Capital Accounts

Financial records that show the capital contributions, withdrawals, and earnings of owners in a company.

Cost of Capital

The rate of return a company must offer investors to entice them to invest, reflecting the risk of the investment alongside the return.

IRR

An economic indicator, the Internal Rate of Return is utilized to assess the possible profitability of investment opportunities.