Compute the Profit Margin (Rounded to Nearest Percent) for the Tim

question 85

Multiple Choice

Compute the profit margin (rounded to nearest percent) for the Tim Tom investment center as shown below. $\begin{array}{ll}&\text { Tim Tom Subsidiary }\\\text { Total sales } & \$ 1,600 \\\text { Operating income } & \$ 140 \\\text { Average assets invested } & \$ 900 \\\text { Profit margin } & ? \\\text { Asset turnover } & ? \\\text { ROI } & ?\end{array}$

• A) 7%
• B) 9%
• C) 12%
• D) 18%

Appreciate the importance of coordination mechanisms, including informal communication and integrator roles.

Comprehend the implications of different spans of control on employee involvement and teamwork.

Recognize the role of organizational structure beyond the organizational chart.

Identify the applications and effectiveness of coordination through standardization, including job descriptions and training.