Phone Tech, a global phone company, frequently needs to respond quickly to the fast-changing consumer tastes with its phones. Therefore, management has fewer rules and procedures than most organizations, and networks of employees are encouraged to cooperate and respond quickly to unexpected tasks and changes in technology. Phone Tech is utilizing a(n) ________ structure.

Regardless of race, all citizens of the United States have the right to rent residential and commercial real estate under the federal:

a. Civil Rights Act. b. Freedom of Information Act. c. Unruh Civil Rights Act. d. Proposition 13.

Amalgamated Mining, Inc has very high operating leverage due to the capital intensive nature of

the steel business. The firm's CEO is concerned about the variability in the firm's EPS if sales should drop, and decides to take action. Which of the following will reduce the variability in the firm's EPS for a given change in sales? A) The CEO may issue more corporate bonds and use the proceeds to pay off short-term liabilities. B) The CEO may increase the firm's financial leverage and hence reduce the variability by using non-shareholder money to support the business. C) The CEO may decrease the firm's financial leverage, thus lowering the firm's total leverage. D) The CEO may increase the firm's total leverage by raising money from the sale of common stock.