This Type of Structure Can Implement Strategies That Will Improve

question 12

Multiple Choice

This type of structure can implement strategies that will improve guest satisfaction or reduce costs by finding quicker or better ways of doing something.

• A) Project structure
• B) Integrated work teams
• C) Independent business unit
• D) Work team structure

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Definitions:

Fixed Asset Turnover Ratio

A financial metric that measures how efficiently a company is using its fixed assets to generate sales.

Cash Ratio

A liquidity ratio that measures a company's ability to pay off its short-term liabilities with its cash and cash equivalents.

Current Liabilities

Short-term obligations that will be paid or settled within the coming year in cash, goods, other current assets, or services.

Gross Profit Percentage

A financial metric that shows the proportion of profit a company makes after subtracting the cost of goods sold from its total revenue.