Dave Is the Director of Operations at Arc Inc

question 35

Multiple Choice

Dave is the director of operations at Arc Inc.and provides his team members with complete authority to execute all tasks independently.He encourages his team members to have brainstorming sessions before initiating a project to determine the best method to deliver positive results.This scenario indicates that Dave promotes _____.

• A) centralized decision making
• B) risk aversion
• C) downsizing
• D) outsourcing
• E) employee empowerment

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Definitions:

Obsolete Desk Calculators

Desk calculators that have become outdated due to technological advancements or changes in user preferences, rendering them less useful or unwanted.

Contribution Margin

The amount remaining from sales revenue after variable costs have been deducted, indicating how much contributes to covering fixed costs and profit.

Fixed Corporate Costs

Expenses that do not vary with production volume or sales, such as salaries of managerial staff and rent for corporate headquarters.

Fixed Expenses

Costs that do not fluctuate with changes in production level or sales volume.