The Clerical and Editorial Employees in a Publishing House Need

question 70

Multiple Choice

The clerical and editorial employees in a publishing house need to be at their desks by 8:00 AM and follow a set of precise procedures dictated by management. The jobs of these clerical and editorial employees ________.

• A) lack a unity of command
• B) score low on the degree of work specialization
• C) have a wide span of control
• D) score high on the degree of departmentalization
• E) score high on the degree of formalization

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Definitions:

Central Bank

Is the primary financial institution of a country, responsible for issuing currency, managing the money supply, regulating banks, and implementing monetary policy to achieve economic stability.

Foreign Exchange Rate

The price at which one currency can be exchanged for another currency in the foreign exchange market.

World Market

The global marketplace where goods, services, and financial products are bought and sold across borders.

Trade Balance

The difference between a country's exports and imports of goods and services over a certain period.