There Are Six Basic Building Blocks That Managers Can Use

question 101

Short Answer

There are six basic building blocks that managers can use in constructing an organization: designing jobs,grouping jobs,establishing reporting relationships between jobs,distributing authority among jobs,coordinating activities among jobs,and ____________________.

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Definitions:

Net Income

Refers to the total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Dividends

Dividends are the portion of profit a company decides to distribute to its shareholders, often on a regular basis.

Equity

The value of an asset after deducting the cost of liabilities, representing the owner's interest in a company.

Investing Activities

Investing activities are financial transactions related to the acquisition or disposal of long-term assets and other investments not considered cash equivalents, as detailed in the statement of cash flows.