The Finance Department at Lewis & Sons Only Accounts for 10

question 22

Multiple Choice

The Finance department at Lewis & Sons only accounts for 10% of the employees, but wields the most decision-making power and controls resources and information. As a result, the Finance department is considered to be a ________ within the organization.

• A) determinant group
• B) majority group
• C) secondary group
• D) splinter group
• E) model minority

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Definitions:

Disadvantages

Refers to the negative aspects or downsides that are associated with a particular decision, action, or scenario.

Limited Liability Company

A form of business organization that combines the taxation approach of a sole proprietorship or partnership with the limited liability aspect of a corporation.

Personal Liability

The legal responsibility of an individual to personally satisfy debts or liabilities incurred, including those arising from actions taken in a professional capacity.

Capital Investment

Funds invested in a business for the purposes of further growth, operational development, or acquisition of long-term assets.