Two Things Shared by Many Companies with Highly Motivated Workforces

question 182

Multiple Choice

Two things shared by many companies with highly motivated workforces are:

• A)acceptance of scientific management and centralized decision-making.
• B)clear distinctions between managers and workers and a simple line and staff organizational structure.
• C)open communications systems and self-managed teams.
• D)Theory X management styles and high wage rates.

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Definitions:

Bargain Purchase Option

An option in a lease that allows the lessee to purchase the leased asset at the end of the lease term at a price significantly lower than its estimated fair market value.

Capital Lease

A lease agreement that transfers substantially all the risks and benefits of ownership to the lessee, effectively treated as a purchase by the lessee.

Unguaranteed Residual Value

The estimated future value of an asset at the end of its lease term that is not guaranteed by the lessee or a third party.

Lease Obligation

A financial commitment to make future payments under a lease agreement.