Company X Sells Widgets

question 5

Multiple Choice

Company X sells widgets.The following information summarizes the company's operating activities for the year:

What are total operating expenses?

• A)$3,000
• B)$2,500
• C)$3,500
• D)$4,500

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Definitions:

Empowered

Having the authority, confidence, and freedom to make decisions or take actions autonomously, often aimed at self-improvement or achieving specific goals.

Decentralization

The transfer of control and decision-making from a centralized entity to multiple lower-level entities, promoting autonomy and local decision-making.

Globalization

The integration of economy, trade, and finance on an international scale.

Self-Managing Team

a group of workers who are given the autonomy to manage themselves and make decisions within their areas of operation without traditional management.