Your Firm Has Total Assets of $4,900, Fixed Assets of $3,200

question 13

Multiple Choice

Your firm has total assets of $4,900, fixed assets of $3,200, long-term debt of $2,900, and short-term debt of $1,400. What is the amount of net working capital?

• A) −$100
• B) $300
• C) $600
• D) $1,700
• E) $1,800

Understand the benefits and drawbacks of teams in organizations.

Identify different roles within teams and their impact on team dynamics.

Recognize the different phases of team evolution and their characteristics.

Understand the concept of groupthink and how it can be detrimental to team effectiveness.

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Definitions:

Full-Employment Economy

An economic condition in which virtually all who are able and willing to work are employed.

Network Structures

refer to the arrangement of connections and relationships between individuals, groups, or institutions, often used to describe organizational or social networks.

Delegation

The process of assigning responsibility and authority to subordinates to complete a task, while maintaining accountability for the outcome.

Matrix Structures

An organizational structure that combines two or more lines of reporting, typically function and product, to more effectively manage complexity.