Value Creation Refers to

question 95

Multiple Choice

Value creation refers to

• A) generating the highest profits possible given available resources.
• B) choosing the optimal business model for a given industry.
• C) finding an optimal balance between managing risks and taking the right opportunities.
• D) how a company creates value for its employees.

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Definitions:

Organization Chart

A chart displaying the composition of a company, detailing how parts connect and illustrating the hierarchy within positions and roles.

Vertical Hierarchy

An organizational structure in which authority and responsibility are clearly defined and arranged according to levels of management, from highest to lowest.

Horizontal Specialization

An organizational structure approach that focuses on dividing work and roles based on specialized functional activities or operations across the same hierarchical level.

Division of Labor

The allocation of different tasks or jobs to different people or groups, often to improve efficiency and productivity.