Departmentalization by Function Is a Grouping of Workers Based on Similar

question 6

True/False

Departmentalization by function is a grouping of workers based on similar skills,expertise,or resource use.

---

Definitions:

Strategic Objective

A result that a business aims to achieve that defines the purpose of an action taken; a subcomponent of the overall entity’s mission statement or strategy.

Balanced Scorecard

A strategic planning and management system used by organizations to communicate objectives, monitor performance, and evaluate their progress towards achieving strategic goals.

Financial Measures

Quantitative indicators used to assess the financial stability, performance, and liquidity of a business entity.

Learning and Growth

Refers to the strategies and processes that facilitate the continuous improvement and development of employees, systems, and organizational capabilities.