Which of the Following Is True of the Managerial Function

question 14

Multiple Choice

Which of the following is true of the managerial function of organizing in an organization that has a conservative culture?

• A)It has a decentralized authority, which encourages employees to work together to solve ongoing problems.
• B)It creates a well-defined hierarchy of authority and establishes clear reporting relationships.
• C)A product team structure is most suitable for an organization with a conservative culture.
• D)Such organizations have a flat structure with few levels in the hierarchy.
• E)The managers most likely value creativity and innovation, and are open to change.

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Definitions:

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (or financial statements) is represented as a proportion of the total account.

Ford Motor Company

An American multinational automaker headquartered in Dearborn, Michigan, known for its production of cars and commercial vehicles.

Horizontal Analysis

Horizontal analysis is a financial analysis technique that compares historical financial data over a series of periods to identify trends and growth patterns.

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equities) is represented as a proportion of the total account.