Managers Need to Address Six Key Elements When They Design

question 71

True/False

Managers need to address six key elements when they design their organisation's structure: work specialisation,departmentalisation,chain of command,span of control,centralisation and decentralisation,and formalisation.

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Definitions:

Degrees of Freedom

Refers to the count of values in the final calculation of a statistic that are free to vary.

Student T-distribution

A probability distribution that is used for estimating population parameters when the sample size is small and the population variance is unknown.

Normal Distribution

A probability distribution that is symmetric about the mean, depicting that data near the mean are more frequent in occurrence than data far from the mean.

Binomial Distribution

A probability distribution that models the number of successes in a fixed number of independent Bernoulli trials with the same probability of success.