Examlex
Which mode of transportation is the fastest and least expensive,but can only be used by a limited number of industries?
Division of Labor
Division of labor is the allocation of different tasks to different people or groups within an organization, aimed at increasing efficiency by specializing in specific functions.
Coordination
The organization of the different elements of a complex body or activity so as to enable them to work together effectively.
Departmentalization
The organizational process of dividing a business into distinct departments, each focused on a specific operational area.
Organizational Growth
The process through which a business expands its size, scope, or capabilities, often measured in terms of increased output, sales, or market share.
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