The Following Descriptors: Dynamic,learning,information Rich,global,and Skills Oriented Are All Words

question 3

Multiple Choice

The following descriptors: dynamic,learning,information rich,global,and skills oriented are all words that help describe which style of organization?

• A) new-style
• B) old-style
• C) mechanistic
• D) organic
• E) virtual

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Definitions:

Assembly Department

A specialized section within a manufacturing facility where components are assembled into final products.

Step-Down Method

A cost allocation method used in accounting to allocate overhead costs to various cost objects, starting with the department incurring the highest costs.

Service Department Costs

Costs incurred by departments that do not directly produce goods but provide support or services to other units within the organization.

Corporate Law

The body of laws, rules, regulations, and practices that govern the formation, operation, and dissolution of corporations, including their legal rights and obligations.