Management by Wandering Around Increases ____ Communications Within an Organization

question 184

Multiple Choice

Management by wandering around increases ____ communications within an organization.

• A) vertical
• B) transactional
• C) downward
• D) horizontal
• E) informal

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Definitions:

Factory Overhead

Factory overhead comprises all indirect costs involved in the manufacturing process, including utilities, maintenance, and factory equipment depreciation.

Factory Overhead

Indirect manufacturing costs that cannot be directly attributed to specific units produced, such as utility costs, maintenance, and salaries of non-direct labor.

Activity-based Costing

A costing methodology that assigns costs to products or services based on the activities that go into making them, aiming to provide more accurate product costs.

Service Quality

The evaluation of how well a delivered service matches the customer's expectations, often a key factor in customer satisfaction and loyalty.