_____ Are Work Groups That Are Empowered to Assume Responsibility

question 23

Multiple Choice

_____ are work groups that are empowered to assume responsibility and autonomy to complete identifiable pieces of work for an organization.

• A)Informal groups
• B)Interest groups
• C)Command groups
• D)Top-management teams
• E)Self-managed work teams

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Definitions:

Lean Production

A management approach that organizes resources such as people and machines around the flow of business processes and that only produces units in response to customer orders.

Inventories

Items such as raw materials, work-in-progress, and finished goods that a company holds for sale in the ordinary course of business.

Net Operating Income

The total profit of a company after operating expenses are subtracted from total revenue but before deducting taxes and interest.

Absorption

The process in cost accounting of allocating all manufacturing costs, both fixed and variable, to individual units of production.