As a Response to a Rapidly Changing Marketplace, Idea Electronics

question 239

Multiple Choice

As a response to a rapidly changing marketplace, Idea Electronics found it necessary to reorganize, including a significant downsize of its middle management. This action will likely result in ___________

• A) acquiring additional firms
• B) flattening the organization and empowering employees, allowing them to get closer to the customer
• C) increasing the size of its traditional departments to handle 24/7 operations
• D) centralizing its decision making to better control its total quality management program

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Definitions:

25 Years

A term often referring to the duration of a loan or mortgage, indicating the time over which repayments are to be made.

Interest

Interest is the charge for borrowing money, typically expressed as an annual percentage rate of the principal.

Compounded Monthly

The method of accruing interest on the initial amount of a loan or deposit, thereby earning interest on the accrued interest, on a monthly basis.

12%

A numerical value representing twelve parts per hundred, often used to denote a percentage rate, such as an interest rate or growth rate.