Examlex
Explain the differences between a federal budget deficit, a federal budget surplus, and a balanced federal budget.
Division of Labor
The assignment of different tasks to different people or groups in an organization to increase efficiency and productivity.
Span of Control
The number of subordinates or units that a manager or leader can directly control or supervise effectively.
Horizontal Specialization
The division of work in an organization into distinct tasks, with each employee or department focusing on a specific subset of activities, promoting expertise in those functions.
Vertical Hierarchy
An organizational structure where authority and responsibility flow directly from the top down through various management levels, indicating clear lines of authority.
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