Organizations That Use Self-Managing Teams Typically Do Which of the Following

question 89

Multiple Choice

Organizations that use self-managing teams typically do which of the following?

• A) Managers give the teams decision authority about product design, process design, and customer service.
• B) Using self-managing teams lets managers flatten their organizations by removing a layer of management.
• C) The organization can become more nimble and responsive to changes in its environment.
• D) All answers are correct.

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Definitions:

COGS

The cost of goods sold; it represents the direct costs attributable to the production of goods sold in a company.

Inventory Period

The average time an item remains in inventory before being sold, indicating the efficiency of inventory management.

Accounts Payable Period

The average amount of time it takes for a business to pay its invoices from suppliers and creditors.

Accounts Receivable Period

The standard length of time required for an enterprise to collect receivables from clients for credit sales of goods or services.