As Firms Make Greater Use of Empowerment,managers Will Find That

question 243

Multiple Choice

As firms make greater use of empowerment,managers will find that they:

• A)should use the same techniques for directing employees that were used in the past.
• B)will need to closely supervise the teams to make sure they remain focused on the goals of the organization.
• C)will need to provide the teams with detailed instructions to give them a clear sense of direction.
• D)must become more like coaches and counsellors than bosses.

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Definitions:

Indirect Method

A reporting approach used in statement of cash flows to adjust net income for non-cash transactions and changes in working capital to arrive at cash provided by or used in operating activities.

Operating Activities

Activities related to the core business operations of a company, including production, sales, and delivery of the company's products and services.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenue.

Accumulated Depreciation

The cumulative depreciation of an asset up to a single point in its life, reflecting wear and tear over time.