Examlex
Process departmentalization is a grouping of jobs by activity, such as marketing, finance, and production.
Indirect Materials
Materials used in the production process that cannot be directly traced to the finished product in a cost-effective manner.
Decision-Making
The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.
Planning
The process of setting goals, developing strategies, and outlining tasks and schedules to accomplish the goals.
Directing
The process in management that involves guiding, leading, and overseeing the performance of employees to achieve organizational goals.
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