Company Y Introduces a New System of Job Design That

question 34

Multiple Choice

Company Y introduces a new system of job design that includes a renewed focus on customer service. This would be considered:

• A) informal design.
• B) formal design.
• C) job enrichment.
• D) performance enhancement.

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Definitions:

Dissolution

The process of formally dissolving a legal entity, such as a corporation or partnership, and ceasing its operations.

Outstanding Debts

Financial obligations or amounts owed by a person or entity that are yet to be paid.

Creditors

Individuals, companies, or institutions to whom money is owed by debtors for goods or services that have been provided but not yet paid for.

Purchase of Assets

involves acquiring assets of a company rather than its stock, usually in the context of mergers and acquisitions, focusing on buying specific assets like equipment, inventories, and property.