Atena Technologies, a Software Company Greatly Reduced the Bureaucratic Nature

question 95

Multiple Choice

Atena Technologies, a software company greatly reduced the bureaucratic nature of its pay structure, by going from 3,000 job titles and 12 pay grades to a simpler 1,000 jobs and 5 pay grades. In this example, Atena Technologies used:

• A)decentralizing.
• B)departmentalizing.
• C)forecasting.
• D)delayering.
• E)benchmarking.

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Definitions:

Liquidity

The ease with which an asset can be converted into cash without affecting its market price.

Profitability

Refers to a company's ability to generate income relative to its revenue, operating costs, and other expenses over a certain period.

Solvency

The ability of a business to meet its long-term debts and financial obligations.

Liquidity Ratio

A financial metric used to determine a company's ability to pay off its short-term liabilities with its available liquid assets.