Departmentalization Is the Process of

question 241

Short Answer

Departmentalization is the process of
creating separate profit centres.
creating separate revenue centres.
developing an organization chart.
creating chains of command.
grouping jobs into logical units.

---

Definitions:

Rate of Return

The percentage gain or loss on an investment over a specified time period, relative to the investment's initial cost.

NPVGO

Net Present Value of Growth Opportunities is the net present value of projects or investments that a company expects to undertake in the future as part of its growth strategies.

Preferred Stock

A class of ownership in a corporation with a higher claim on assets and earnings than common stock, often receiving dividends before common shareholders.

Annual Dividend

The total sum of the dividends paid to shareholders over a year, often cited per share.