Lynn Is a Manager in a Company That Manufactures Optical

question 15

Multiple Choice

Lynn is a manager in a company that manufactures optical fibre cables. She follows the Fayol principle of "esprit de corps" in her interactions with her team. Which of the following does this imply?

• A) Lynn's team members are independent.
• B) Lynn's team members are fiercely competitive.
• C) Lynn's team members enjoy working in a centralized hierarchical system.
• D) Lynn's team members receive orders only from her.
• E) Lynn's team members are harmonious and upbeat.

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Definitions:

Residual Value

The estimated remaining value of an asset at the end of its useful life, often used in calculating depreciation expenses.

Useful Life

The estimated period over which an asset is expected to be usable for its intended purpose.

Depreciation

The method of spreading the expense of a physical asset across its lifespan, demonstrating the decline in its value as time progresses.

Asset

Economic resources owned by a business or individual, expected to provide future benefits or value.