Which of the Following Would Be an Example of Capital

question 275

Multiple Choice

Which of the following would be an example of capital for a retail gasoline station?
(i) the gas tanks and pumps
(ii) the service attendants' time
(iii) the plot of land on which the station sits

• A)(i) only
• B)(iii) only
• C)(i) and (iii) only
• D)(ii) and (iii) only

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Definitions:

Matrix Organization

A flexible organizational structure that combines elements of both functional and project-based divisions, allowing for more dynamic assignment of tasks and responsibilities.

Collaborative Organization

An entity that emphasizes teamwork, shared goals, and collective efforts among its members to achieve better outcomes.

Boundaryless

Refers to organizations or initiatives that operate without fixed limits or barriers in structure or operation, promoting flexibility and innovation.

Teamwork

The joint endeavor of a team to reach a shared objective or finish a task in the most optimal and proficient manner.