An Organization That Relies on Self-Managing Teams Moves Decisions to the Teams

question 9

True/False

An organization that relies on self-managing teams moves decisions to the teams (decentralization) and authorizes those teams to decide about product design, process design, and customer service.

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Definitions:

Consumer Surplus

The gap between what consumers are ready and financially able to spend on a good or service and what they actually spend.

Tax

An obligatory fee or some other type of financial imposition placed on a taxpayer by a government organization, designed to cover the cost of government activities and diverse expenditures in public services.

Per-unit Burden

The financial impact or cost of a tax, fee, or regulation expressed on a per unit basis.

Tax

Compulsory contributions made to government revenues, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.