The Trend to Using Machines for Routine Tasks in Factories

question 48

Multiple Choice

The trend to using machines for routine tasks in factories to free up workers to use more of their abilities is reflected in which of the following organizations?

• A) The modular organization
• B) The functional organization
• C) The learning organization
• D) The intangible organization

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Definitions:

Return on Debt

A measure of a company's profitability relative to its total debt, indicating how effectively a company is using its borrowed funds.

Cost of Equity

The return that investors expect on their investment in a company, often calculated using models like the Capital Asset Pricing Model (CAPM).

Required Return

The minimum percentage return that an investor expects to achieve by investing in a particular asset.

M&M II

Modigliani and Miller Proposition II, a theory on capital structure, posits that the value of a firm is not affected by its capital structure under a certain market process.