Organizational Restructuring Over the Past Two Decades Has Primarily Led

question 114

Multiple Choice

Organizational restructuring over the past two decades has primarily led to firms with:

• A) more managers and fewer laborers as automation eliminates lower-level jobs.
• B) fewer people between the CEO and the lowest-ranking worker.
• C) fewer self-managed work teams.
• D) more mid-level managers.

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Definitions:

Salary Allowances

Fixed sums or benefits paid in addition to a base salary, often determined by specific terms of employment.

Capital Accounts

Accounts that track the equity ownership of partners or shareholders in a business, reflecting contributions, withdrawals, and the share of profits or losses.

Ownership Equity

Refers to the residual interest in the assets of an entity after deducting liabilities, representing the owner's claim on the business.

Capital Balances

The amount of equity each partner or owner has in a business, reflecting contributions, withdrawals, and their share of profits or losses.