Which of the Following Organizations Is Most Likely to Have

question 20

Multiple Choice

Which of the following organizations is most likely to have low power distance?

• A) Finox Inc., where managers ask the opinions of and take feedback from their team members
• B) Giraw Inc., where managers foresee the needs of their team members and fulfill those needs
• C) Pilred Inc., which has a top-down leadership where managers make important decisions without consulting their team members
• D) Hillos Inc., which has a hierarchical structure where employees refrain from interacting openly with their managers

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Definitions:

Effective Annual Interest Rate

The real return on an investment after accounting for the effect of compounding interest over a period.

Inventory Period

The average time it takes for inventory to be sold and replaced over a period, indicating the efficiency of a company's inventory management.

Credit Sales

Sales in which the customer is allowed to pay at a later time, typically generating accounts receivable on the balance sheet.

COGS

Cost of Goods Sold; the direct costs attributable to the production of the goods sold by a company, including materials and labor.