________ Departmentalisation Achieves Economies of Scale by Placing People with Common

question 59

Multiple Choice

________ departmentalisation achieves economies of scale by placing people with common skills and orientations into common units.

• A)Functional
• B)Product
• C)Geographic
• D)Process

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Definitions:

National Average

The median or mean value derived from a set of data collected across a country, used as a benchmark for comparison.

Pay Rates

The amount of money received by an employee in exchange for performing a specific job, typically expressed in terms of hourly wage or annual salary.

Standard of Comparison

A benchmark or criterion used to evaluate the quality or performance of a product, service, or individual.

Equity

The value of shares issued by a company, representing ownership interest, or fairness and impartiality within the context of employment or law.