Which of the Following Is an Example of a Company

question 23

Multiple Choice

Which of the following is an example of a company flattening its structure?

• A) Marco's Windows fires 300 production workers and hires 50 managers.
• B) Doug's Excavating opens branches in the South and the Midwest.
• C) Kimmi's Design adds an assistant manager position.
• D) Jay's Auto eliminates four layers of management.
• E) Billy's Produce hires two new salesmen.

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Definitions:

Statistical

Refers to the use of mathematics, specifically the analysis and interpretation of numerical data, to gather insights or make inferences.

Proprietary Fund

A type of government fund created to manage activities that are similar to those found in the private sector, where services are provided to the public for a fee.

Statement of Net Position

A financial statement that displays an organization's assets, liabilities, and net position at a specific point in time, highlighting its financial health.

Statement of Revenue

A financial statement that shows the income earned by a company over a certain period of time.