Company X Sells Widgets

question 255

Multiple Choice

Company X sells widgets. The following information summarizes the company's operating activities for the year: What is gross profit?

• A)$15,000
• B)$20,800
• C)$16,600
• D)$11,400

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Definitions:

Holocracy

A method of decentralized management and organizational governance, where decision-making is distributed through self-organizing teams rather than being concentrated at the top.

Multiteam System

A structured form of organization comprising multiple teams that interact to achieve common or compatible goals across different yet interconnected projects or tasks.

Collective Intelligence

The enhanced capacity and wisdom that emerge from collaboration, coordination, and competition among individuals.

C-Factor

A term representing "collective intelligence" of groups, indicating their ability to perform together effectively across a range of tasks.