The 85/15 Rule-Which Asserts That 85 Percent of the Problems

question 19

Multiple Choice

The 85/15 Rule-which asserts that 85 percent of the problems can be corrected only by changing systems and less than 15 percent of the problems can be solved by individual workers-is a tenet of

• A)the collegial model.
• B)management by objectives.
• C)Theory Y management.
• D)total quality management.

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Definitions:

Stock Dividend

A dividend payment made to shareholders in the form of additional shares, rather than cash.

Paid-in Capital

Funds that are contributed to a corporation by investors in exchange for the corporation's stock, representing the funds raised by the company from equity, not from ongoing operations.

Common Stock Dividends Distributable

A liability account representing dividends declared by a company but not yet distributed to common stockholders.

Stock Split

A corporate action to increase the number of outstanding shares by dividing each share, which typically makes the stock more affordable.