Organizations Move Toward a Team-Based Structure by Flattening the Hierarchy

question 98

True/False

Organizations move toward a team-based structure by flattening the hierarchy, reducing formalization, and making extensive use of self-directed work teams.

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Definitions:

Net Working Capital

The difference between a company's current assets and current liabilities, indicating the company's short-term liquidity and financial health.

Net Present Value (NPV)

A financial metric that calculates the difference between the present value of cash inflows and outflows over a period of time, used to assess the profitability of an investment or project.

Net After-Tax Salvage Value

The estimated value of an asset at the end of its useful life, after subtracting any taxes associated with its disposal.

Operating Cash Flow

The cash generated from normal business operations, reflecting the company’s ability to generate sufficient revenue to cover its operational expenses.