Bright Electronics Has Found It Needs to Reorganize, Including a Significant

question 186

Multiple Choice

Bright Electronics has found it needs to reorganize, including a significant trim of its middle management. This action will likely result in

• A) acquiring additional firms.
• B) flattening the organization and empowering employees, allowing them to get closer to the customer.
• C) increasing the size of its traditional departments to handle 24/7 operations.
• D) centralizing its decision making to better control its total quality management program.

---

Definitions:

Capital Account Balance

A component of the balance of payments which records net changes in a country's international financial assets and liabilities, including direct investment, portfolio investment, and other investments.

U.S. Dollar

The official currency of the United States and a primary reserve currency used globally in international transactions.

Foreign Exchange

The trading of currencies on the forex market, allowing for the conversion of one currency into another.

Capital Account Balance

A part of a country's balance of payments that records all transactions involving the purchase or sale of assets.