Which of the Following Statements Regarding Group Decision Making in the Workplace

question 38

Multiple Choice

Which of the following statements regarding group decision making in the workplace is true?

• A) Teams are often responsible for making decisions that previously had been made by individual managers.
• B) Most important decisions in organizations are made by senior individuals.
• C) The prevalence of semiautonomous and self-managed work teams has remained more or less constant.
• D) In the U.S., 30% of Fortune 500 companies have at least half of their employees working in teams.

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Definitions:

Actual Materials Purchased

The actual quantity of materials bought by a company for production purposes over a given period.

Variable Overhead Efficiency Variance

The difference between the actual variable overhead incurred and the standard variable overhead for the actual production level, reflecting efficiency in controlling variable overhead costs.

Standard Hours Per Unit

The amount of direct labor time that should be required to complete a single unit of product, including allowances for breaks, machine downtime, cleanup, rejects, and other normal inefficiencies.

Actual Total Variable Overhead Cost

The amount incurred in variable overhead expenses for actual production activities.