Organizations That Rely Too Heavily on People with Highly Developed

question 121

Multiple Choice

Organizations that rely too heavily on people with highly developed but narrow expertise who are celebrated and expected to provide answers experience:

• A)isolated jobs
• B)emphasis on events
• C)blaming others
• D)skilled incompetence

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Definitions:

Residual Income

The income that remains after subtracting all required expenses, including a minimum target return, from operating income.

Producing Departments

Sections within a manufacturing facility where raw materials are processed or assembled into finished products.

Fixed Costs

Costs that do not change with the level of output or sales, such as rent, salaries, and insurance premiums.

Cafeteria

A type of food service location within an establishment where customers serve themselves from a variety of options.