In a flat organizational structure, communicating up and down in a top-heavy hierarchy becomes more important than communicating across the organization chart.

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


False

In a flat organizational structure, communicating across the organization chart (among cross-disciplinary teams) becomes more important than communicating up and down in a top-heavy hierarchy. An individual can take on an expanded role as important tasks are assumed. See 2-4: Group Communication

Business

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The World Trade Organization was a result of the ________

A. Dillon Round B. Tokyo Round C. Kennedy Round D. Uruguay Round

Business

A fire insurance policy is assignable without the insurer's consent because the policy "runs" with the insured property.

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

Business

Two percent of the parts produced by a machine are defective. Twenty parts are selected at random. Use the binomial probability tables to answer the following questions

a. What is the probability that exactly 3 parts will be defective? b. What is the probability that the number of defective parts will be more than 2 but fewer than 6? c. What is the probability that fewer than 4 parts will be defective? d. What is the expected number of defective parts? e. What is the variance for the number of defective parts?

Business

Zhang Industries sells a product for $700. Unit sales for May were 400 and each month's sales are expected to exceed the prior month's results by 3%. Compute the total sales dollars to be reported on the sales budget for month ended June 30.

A) $280,000. B) $297,000. C) $271,600. D) $288,400. E) $364,000.

Business