Cash, marketable securities, notes receivable, and merchandise inventory are examples of:
A) current assets.
B) expenses.
C) intangible assets.
D) fixed assets.
E) liabilities.
Question 2 - John just became CEO of a large company that operates mainly in the United States. It manufactures the same basic type of product as other companies in this industry. As a result, the organization's priorities are efficiency and control-because profit margins are very low in this industry. Which of the following aspects of organizational design would best fit John's company?
A) Decentralized and narrow
B) Decentralized and flat
C) Centralized with matrix structure
D) Centralized with line structure
E) Decentralized with matrix structure
Question 3 - The most liquid asset is:
A) sales.
B) accounts receivable.
C) marketable securities.
D) cash.
E) capital.
Question 4 - Shawna manages a cross-functional team that is responsible for designing the company's product strategy for Asia. She works with staff from marketing, operations, and R&D, all working together. What is most likely true about this type of structure?
A) Lines of communication are very clear.
B) Each employee only has one supervisor.
C) There is increased flexibility and collaboration.
D) Each person has specialized support from a staff manager.
E) Conflicts will be easier to solve.
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