What Is a Principle Differentiation

question 87

Multiple Choice

What is a principle differentiation?

• A) process of differentiating and appointing authority of the work for the organization
• B) process of subdividing and departmentalizing the work of the organization
• C) process of job design and performance of the work in the organization
• D) process of organizing and controlling of the work in the organization

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Definitions:

Loss-Minimizing

A strategy or approach aimed at reducing losses in business operations to the lowest possible level.

Profit-Maximizing

The process or strategy of adjusting production and operation methods to achieve the highest possible profit.

Loss-Minimizing

A strategy or approach aimed at reducing the financial losses of a business or economic activity to the lowest possible level.

Level of Output

The total quantity of goods and services produced by an economy or a firm in a given period.