The Major Incursion on the Doctrine of Residual Management Rights

question 14

Multiple Choice

The major incursion on the doctrine of residual management rights has been in the area of

• A)technological change.
• B)discharge and discipline.
• C)work rules.
• D)work hours.
• E)layoff notices.

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Definitions:

Sustainable Growth Rate

The maximum rate at which a company can grow its revenues and earnings without resorting to external financing.

Short Term Forecasting

The practice of predicting the near-future outcomes of various variables such as sales or market trends over a short period, usually less than one year.

Top-Down Planning

A strategic planning process that begins at the highest level of the organization, setting objectives and goals that are then broken down into smaller, departmental or divisional plans.

Sustainable Growth Rate Analysis

An assessment of how much a company can grow its sales, earnings, and dividends without borrowing more money.