Coordinating the Work Efforts of Internal Organization Units Is Best

question 64

Multiple Choice

Coordinating the work efforts of internal organization units is best accomplished by

• A)establishing a corporate culture where teamwork is a core value and decisions are made by general consensus among team leaders in the affected work units.
• B)having closely related activities report to a single executive who has the authority and organizational clout to coordinate, integrate, and arrange for the cooperation of units under their supervision.
• C)having the heads of support activities report to the heads of primary, strategy-critical activities.
• D)establishing monetary incentives that reward people for being cooperative team players.
• E)having frequent meetings among the heads of closely related activities and work units to establish mutually agreeable deadlines.

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Definitions:

Inflation Rate

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Expected Holding-Period Return

The total return anticipated on an investment over the period it is held, including income and price appreciation.

Probability Distribution

A statistical analysis function that displays every possible outcome and its probability for a random variable, contained within a specific interval.

Dividend

A portion of a company's earnings distributed to shareholders, usually in the form of cash or additional stock.