By Working at a Specific Task,people Are More Likely to Become

question 5

Multiple Choice

By working at a specific task,people are more likely to become highly skilled and carry out a job with maximum efficiency.This is the rationale for the bureaucratic characteristic of

• A)employment based on technical qualifications.
• B)hierarchy of authority.
• C)division of labor.
• D)written rules and regulations.

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Definitions:

Sales Dollar

A term representing the total dollar amount generated from sales transactions within a specific period.

Return on Assets

A financial ratio that measures the profitability of a company in relation to its total assets, indicating how efficiently the company is using its assets to generate profit.

Management

The process of planning, organizing, leading, and controlling resources within an organization to achieve its goals.

Profits

The financial gains obtained when revenues exceed the costs and expenses incurred in operating a business.