An Assembly Line Is an Arrangement of Workers, Machines, and Equipment

question 72

Multiple Choice

An assembly line is an arrangement of workers, machines, and equipment in which the product being assembled passes consecutively from one process to another in a particular order until completed.From this definition of an assembly line, it can be inferred that an assembly line group exemplifies

• A)pooled task interdependence.
• B)a virtual team format.
• C)a top-management team format.
• D)reciprocal task interdependence.
• E)sequential task interdependence.

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Definitions:

Plowback Ratio

The proportion of the firm’s earnings reinvested in the business (and therefore not paid out as dividends). The plowback ratio equals 1 minus the dividend payout ratio.

Expected Growth Rate

The anticipated rate at which an investment, economy, or other financial entity will grow over a certain period.

Rate of Return

The outcome in terms of profit or loss on an investment over a designated period, presented as a percentage of the investment’s first cost.

Dividend

A part of a company’s profits given out to its shareholders, usually as cash or more shares.