Workers Assigned to Complete Small Tasks Along a Conveyor Belt

question 48

Multiple Choice

Workers assigned to complete small tasks along a conveyor belt that determines the rate of their work with no negotiation or ability to alter the pace for their human needs is an example of what?

• A) Bureaucracy
• B) Hierarchy
• C) Authoritarianism
• D) Rationalization

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Definitions:

Operating Cycle

The duration it takes for a company to purchase inventory, sell products, and collect the cash from sales, measuring the efficiency of a business's cash flow.

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a basis for computing rates of return and evaluating its capital structure.

Income Statement

A financial statement that shows a company's revenues, expenses, and net income over a specific period of time.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a particular period.