All of the Following Are Changing Structural Characteristics Found in the Modern

question 60

Multiple Choice

All of the following are changing structural characteristics found in the modern organization design EXCEPT

• A)horizontal communication.
• B)autonomous work teams.
• C)extensive training.
• D)value-chain team-focused job design.
• E)centralized top-down decision making.

Distinguish between lawful and unlawful competitive behavior in business.

Recognize the legal implications of using a person's likeness or personal information without consent.

Understand the concept of the law of diminishing returns and its application to real-world scenarios.

Comprehend the relationship between marginal product and factors contributing to productivity such as labor and technology.

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Definitions:

Accounts Payable Period

The average amount of time it takes for a business to pay off its suppliers after receiving goods or services.

Cash Disbursements

Payments in cash made by a business, including expenses, dividend payments, and investment purchases.

Sales

The total amount of goods or services sold by a company, constituting its main source of revenue.

Accounts Receivable Period

The average number of days it takes for a business to collect payments from its credit sales.