An Organization in Which Executives Are at the Center, Spreading

question 30

Multiple Choice

An organization in which executives are at the center, spreading their vision outward in rings grouped by function (managers, then specialists, then workers) is known as a ________.

• A) circular structure
• B) matrix structure
• C) virtual organization
• D) bureaucracy
• E) functional structure

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Definitions:

Days' Sales in Inventory

A financial metric that shows the average number of days a company takes to turn its inventory into sales.

Dividend Yield

A ratio demonstrating how much a company disburses in dividends annually in comparison to its stock price.

Total Asset Turnover

A financial ratio that measures the efficiency of a company in using its assets to generate sales revenue, calculated by dividing sales by total assets.

Inventory Turnover

A financial ratio indicating the number of times a company's inventory is sold and replaced over a period.