Tom,Dan,and Philip Work in Different Teams at Leo Motors

question 79

Multiple Choice

Tom,Dan,and Philip work in different teams at Leo Motors.Tom's team ensures that all the raw materials,machinery,tools and other production equipments are available for the employees round the clock.Any procurement needs have to be addressed to Tom,who also takes a call on the strategic decisions regarding the number of units to be produced,exported,etc.Dan works in a team of eight members who concentrate on the day-to-day production.They also ensure the quality checks are done and inspect each other's work.Philip is the operation manager,who works for five hours in the production department and then heads off to assist the management.His feedback is very crucial in improving the production process.

• A)work team
• B)management team
• C)parallel team
• D)action team
• E)project team

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Definitions:

Accrued Interest

The accumulated interest on a note payable or receivable that has been earned but not yet received or paid out.

Semiannual Interest

Interest that is calculated and paid twice a year, often on bonds or loans.

Subsidiary Company

A company that is completely or partly owned and wholly controlled by another company, known as the parent company.

Parent Company

A corporation that has control over one or more subsidiary companies, usually by owning a significant portion of their stock.