Employee Empowerment Is a Crucial Aspect of Which Type of Organizational

question 45

Multiple Choice

Employee empowerment is a crucial aspect of which type of organizational design?

• A)bureaucratic structures
• B)simple structures
• C)functional structures
• D)team structures

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Definitions:

Financial Leverage

Employing leveraged capital to enhance the expected returns on an investment.

Operating Leverage

The degree to which a company uses fixed operating costs, whereby a small change in sales significantly affects profitability.

Operating Leverage

A measure of how sensitive a company's operating income is to a change in its sales volume, emphasizing the impact of fixed costs.

EBIT

Earnings Before Interest and Taxes represents a metric for gauging a firm's profit, specifically excluding expenses related to interest and taxes.