Departmentalization Refers to

question 63

Multiple Choice

Departmentalization refers to

• A) setting up divisions in an organization.
• B) categorizing employees based on their qualifications.
• C) creating a hierarchy of different levels in an organization.
• D) standardizing procedures for all departments.

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Definitions:

Catch-Up Growth

The process by which a country or economy grows rapidly in order to close the gap with more developed economies.

GDP Per Person

A measure of a country's economic output that accounts for its population, calculated by dividing the GDP by the total population.

Real GDP

The total value of all goods and services produced by a country in a year, adjusted for inflation, reflecting the economy's actual growth.

United States

A country located in North America, known for being the world’s largest economy and a federal republic consisting of 50 states and a federal district.