A local chain electronics store does not allow its store or district managers to make important decisions about their stores. The main role of store managers is to supervise employees and make sure day-to-day transactions run smoothly while district managers supervise store managers and report profitability data back to top-level management. Not allowing store or district managers decision-making
authority is most likely to be found in which type of organization?
A) Segmented
B) Centralized
C) Desegmented
D) Decentralized
B
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Exhibit 13-03 ? On January 1, 2017, Train, Inc accepted an $80,000, non-interest bearing 3 year note in exchange for equipment it sold to Steam Company. Train originally purchased the equipment for $125,000, and it had a book value of $75,000 on the date of the sale. The note was non-interest-bearing. An assumed 11% interest rate is implicit in the agreement. Actual information for 11%, three
periods, follows: ? Present value of 1 0.73119 Present value of annuity of 1 2.44371 ? ? Refer to Exhibit 13-03. What amount would Train record as interest income on December 31, 2017? A) $6,434 B) $8,800 C) $2,366 D) $0
Mark has recently been given the position of operational supervisor. One of Mark’s employees, Sonya, is very insecure about her capabilities and sometimes gets very frustrated. She has even yelled at her coworkers when frustrated. Mark, on the other hand, is very good at handling difficult situations by staying calm, secure, and positive. Mark and Sonya appear to be at opposite ends of the continuum of which of the Big Five personality dimensions?
a. openness b. conscientiousness c. emotionalism d. extroversion
Denny Corporation is considering replacing a technologically obsolete machine with a new state-of-the-art numerically controlled machine. The new machine would cost $180,000 and would have a twelve-year useful life. Unfortunately, the new machine would have no salvage value. The new machine would cost $26,000 per year to operate and maintain, but would save $58,000 per year in labor and other costs. The old machine can be sold now for scrap for $18,000. The simple rate of return on the new machine is closest to (Ignore income taxes.):
A. 9.44% B. 10.49% C. 20.99% D. 32.22%
In general, total deductible home office expenses are limited to the gross income derived from the business minus business expenses unrelated to the home (that is, they are limited to net Schedule C income before home office expenses).
Answer the following statement true (T) or false (F)