For the Current Year,Winston Inc

question 162

Multiple Choice

For the current year,Winston Inc.reported sales of $800 000 and an asset turnover of 2.The rate of return on average invested assets was 20 per cent.The company's margin for the year was:

• A) 10 per cent
• B) 40 per cent
• C) 25 per cent
• D) 50 per cent

Understand the concepts of power bases within an organization.

Grasp the notion of organizational outcomes and the role of coordination of resources to achieve them.

Understand the skills and attributes essential for effective change agents.

Recognize the psychological processes of change and key theorists associated with these processes.

---

Definitions:

Resource Allocation

The process of distributing available resources among various projects, tasks, or stakeholders in an efficient manner.

Equality

it is the state of being equal, especially in status, rights, and opportunities.

Equity

The quality of being fair and impartial; in a workplace context, it refers to fair treatment, access, opportunity, and advancement for all people.

Unselfish Members

Individuals within a group or organization who prioritize the needs and goals of the group over their personal gain.