If a company's asset turnover ratio decreased from 2014 to 2015, which of the following conclusions can be made?
a. The company was more efficient during 2015 in using its assets to produce profits.
b. The company produced less sales in 2015 for each dollar invested in assets.
c. The company was less profitable in 2014.
d. The company's average total assets decreased for relatively stable sales in 2014 and 2015.
b
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___________________ was a well-known joint labor-management initiative that introduced extensive self-directed work teams to the auto industry.
Fill in the blank(s) with the appropriate word(s).
If the production technology is very inflexible and product requirements vary from one country to another, a firm has to set up
A) local facilities to serve the market in each country. B) a few high-capacity facilities to serve the market in each country. C) many local facilities because this helps lower transportation costs. D) a few high-capacity facilities because this helps lower transportation costs.
Which of the following is not a key control lever of behavioral control?
A. structure B. boundaries C. culture D. rewards
Most corporations register at the federal level; a small number register in their state of domicile.
a. true b. false