______ differentiation refers to the number of levels in the hierarchy of an organization’s structure.

A. Spatial
B. Horizontal
C. Vertical
D. Cultural


C. Vertical

Business

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This form of leadership occurs when someone naturally becomes the leader of a leaderless group.

What will be an ideal response?

Business

A _______________________________ is a transnational, company-level committee of employees that has consultation and information rights on issues that affect workers in more than one country.

Fill in the blank(s) with the appropriate word(s).

Business

Assets other than cash are expected to produce cash over time, but the amount of cash they eventually produce could be higher or lower than the amounts at which the assets are carried on the books.

Answer the following statement true (T) or false (F)

Business

ABS specializes in repair and maintenance of industrial machines. One repair technician has been assigned to five identical grinding machines for repair and maintenance. The machine breaks down after about 20 hours of use, and breakdowns have a Poisson probability distribution. It takes 6 hours to repair a machine, and repair times follow an exponential distribution. Machine downtime costs the company $250 an hour, and the technician is paid $50 an hour. Determine the average number of machines working if the number of technicians is equal to two.

a. 3.72 b. 3.21 c. 2.32 d. 1.32

Business