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Ranier Parts Company has a return on assets of 12% and a return on common stockholders' equity of 15%.What causes the difference in the two returns?
Empowerment
The process of giving individuals or groups more control, authority, and responsibility regarding their own lives or work.
Delegation
The assignment of formal authority and responsibility for accomplishing a specific task to another person.
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Critical Problems
Significant challenges or issues that require immediate attention and resolution.
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