According to Woodward,which of the Following Reflects Increasing Smoothness of Production

question 8

Multiple Choice

According to Woodward,which of the following reflects increasing smoothness of production and increasing impersonalization of task requirements?

• A)Process,mass,unit
• B)Unit,mass,process
• C)Process,unit,mass
• D)Unit,process,mass
• E)Mass,unit,process

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Definitions:

Investment Turnover

A ratio that measures the efficiency of a company in generating sales or revenues from its investment in assets.

Invested Assets

Invested assets refer to resources or capital that have been allocated to investments, including stocks, bonds, real estate, or other financial assets, aimed at generating future returns.

Sales

How revenue from the sale of merchandise is recorded; the total amount charged customers for merchandise sold, including cash sales and sales on account.

Investment Turnover

A ratio that measures the efficiency of a company in generating sales or revenue from its invested assets.