Reducing Management Layers,creating Self-Directed Work Teams,and Emphasizing Continuous Improvement Are

question 65

Multiple Choice

Reducing management layers,creating self-directed work teams,and emphasizing continuous improvement are all related to which aspect of internal environment?

• A) organizational structure
• B) methods of assigning authority and responsibility
• C) management philosophy and operating style
• D) commitment to competence

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Definitions:

Debt-Equity Ratio

An indicator of a business's financial risk, computed by dividing the total amount of its liabilities by the equity owned by shareholders.

Cost of Equity

The return that investors expect for investing in a company's equity, reflecting the risk associated with holding the company's stocks.

Unlever

The process of reducing or eliminating debt from a company's balance sheet, often aiming to improve financial stability.

Loan Out

The process where an individual or company provides services through a third-party entity to minimize liability and often to gain tax efficiencies.