You Are Vice-President of a Division of a Large, Multi-National

question 87

Multiple Choice

You are vice-president of a division of a large, multi-national company that makes electronic equipment for consumers and the military. Your company has several teams and there are several managers managing those teams. Joan, your director of accounting, has created a team of seven employees from the accounts payable department who meet for three hours a week to discuss ways of improving quality, efficiency and the work environment. This is an example of a ________ team.

• A) problem-solving
• B) self-managed
• C) cross-functional
• D) virtual
• E) task-resolution

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Definitions:

Employee Time

The recorded hours worked by employees, often used for productivity analysis, payroll, and scheduling purposes.

Space Occupied

Refers to the area utilized by a company for its operations, including manufacturing, storage, or office space.

After-Sales Department

A division of a business that handles customer service, support, and warranty claims after the sale of a product.

Direct Method

A way of preparing the cash flow statement where actual cash flows from operating activities are listed, instead of adjusting net income on an accrual basis.