Identify the Term That Refers to the Way in Which

question 15

Multiple Choice

Identify the term that refers to the way in which an organization groups its people into useful divisions, departments, and reporting relationships.

• A) job structure
• B) organizational structure
• C) value chain
• D) corporate design
• E) relationship management

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Definitions:

Gross Pay

The total amount of money earned by an employee before any deductions or taxes are applied.

Regular Rate

The hourly pay rate that is used to calculate overtime pay for non-exempt employees according to the Fair Labor Standards Act (FLSA).

Excess Hours

Hours worked beyond the normal or scheduled work time, often considered overtime.

FICA-Social Security

A U.S. government program funded by payroll taxes, providing retirement benefits, disability income, and other services to Americans.