The Steering Committee at Auto Toys, Inc

question 3

Multiple Choice

The steering committee at Auto Toys, Inc. (ATI) is planning the team implementation at ATI. They have reached the last stage of writing the draft plan for the initial work teams. This draft plan should include all of the following EXCEPT:

• A)recommend a process for selecting people.
• B)describe roles and responsibilities.
• C)explain who will be responsible for overall performance.
• D)explain what training the groups will need.
• E)lay out a preliminary master schedule for the next two or three years.

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Definitions:

Spinoff

A type of corporate restructuring in which a company divides itself into two or more independently operated businesses, one being separated from the parent organization.

Hostile Takeovers

Acquisition attempts opposed by the management or board of the target company, often through public offer to shareholders or proxy fight.

Stockholders

Individuals or entities that own one or more shares of stock in a corporation, making them partial owners of the company.

After Tax Cash Flows

The amount of net cash flow available after taxes have been deducted.