________ Involves Setting Objectives, Making Forecasts, Reviewing Alternative Courses of Action

question 13

Multiple Choice

________ involves setting objectives, making forecasts, reviewing alternative courses of action, evaluating options and implementing the plan.

• A)The management planning process
• B)Financial auditing
• C)Employee testing
• D)Employee benchmarking

Distinguish between simple and complex capital structures and their implications on EPS reporting.

Understand the adjustment of EPS for convertible securities and stock options.

Identify the items included and excluded in the basic EPS calculation.

Recognize the potential dilutive effects of convertible securities and stock options on diluted EPS.

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Definitions:

Team-Based Structure

An organizational architecture that emphasizes collaborative work and projects carried out by teams, as opposed to hierarchy or individual efforts.

Simple Structure

An organizational design with low departmentalization, wide spans of control, centralized authority, and minimal formalization.

Formal Hierarchy

A structured organization where individuals are ranked according to their levels of authority and responsibility.

Organizational Chart

A diagram that displays the structure of an organization and the relationships and relative ranks of its parts and positions/jobs.