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An Organization Is Characterized by Broadly Defined Jobs and Responsibilities;loosely

question 84

Multiple Choice

An organization is characterized by broadly defined jobs and responsibilities;loosely defined,frequently changing roles;decentralized authority;and horizontal communication based on task knowledge. Which of the following best describes its nature?


Definitions:

Operating Assets

Assets used in the day-to-day operations of a business, contributing to its ability to generate income.

Contribution Margin

The amount remaining from sales revenue after variable production costs have been deducted, contributing to covering fixed costs.

Controllable Margin

The portion of operating income that can be directly controlled or influenced by managers at certain levels of an organization.

Operating Assets

Assets directly involved in the manufacturing or sale of products or services in the normal course of business.

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