Managers Should Design Flexible Structures, Characterized by Decentralized Authority and Empowered

question 83

Multiple Choice

Managers should design flexible structures, characterized by decentralized authority and empowered employees, for their organization when its

• A)environment is stable.
• B)technology is simple.
• C)workforce is highly skilled.
• D)strategy is well understood.

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Definitions:

Dividend Increase

An action by a company to raise the amount of money paid to its shareholders as dividends.

Residual Dividend Theory

A policy where dividends are based on earnings left over after all operating and expansion expenses are covered.

Capital Budgeting

The process of planning and evaluating expenditures on assets whose returns are expected to extend beyond one year.

Earnings

The amount of profit that a company produces during a specific period.