According to the Textbook, ________ Is the Key Description of Job

question 105

Multiple Choice

According to the textbook, ________ is the key description of job design in a value chain organisation.

• A)strategy
• B)flexibility
• C)structure
• D)centralisation
• E)innovation

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Definitions:

Business For Profit

An organization engaged in commercial, industrial, or professional activities with the aim of generating income exceeding expenses.

Mutual Agency

A principle in partnership where each partner is authorized to act on behalf of the partnership and bind it with their actions.

Entire Partnership

A term not typically used specifically in accounting or law; likely refers to considering all aspects or the full extent of a partnership.

Income-Sharing Ratio

The proportionate distribution of income or profits among participants, typically in a partnership or collaborative venture.