An Organization Which Allows Its Employees to Behave in a Flexible

question 85

Multiple Choice

An organization which allows its employees to behave in a flexible way even as the organization grows and becomes taller is utilizing:

• A) managing as a rule.
• B) decentralizing authority.
• C) decreasing the span of control.
• D) decreasing autonomy.
• E) increasing the number of levels of management.

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Definitions:

Owner's Equity

The owner's residual interest in the assets of the business after deducting liabilities.

Unit of Measure Concept

An accounting principle that states all business transactions must be recorded in a single, consistent unit of measurement.

Financial Statements

Comprehensive reports that provide insights into a company's financial health, including balance sheets, income statements, and cash flow statements.

Manufacturing Companies

Businesses that produce finished goods from raw materials through the use of labor, machines, tools, and chemical or biological processing.