The Extent to Which People in Different Units Within an Organization

question 83

Multiple Choice

The extent to which people in different units within an organization think about different things or about similar things differently is termed as ________.

• A) task differentiation
• B) interdependence
• C) unity of command
• D) cognitive differentiation

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Definitions:

Lump Payment

A single, large payment made at once, as opposed to smaller, periodic payments.

Compounded Semi-Annually

This is the process where interest is added to the principal sum of a loan or deposit twice a year, resulting in interest being earned on interest from that point on.

Replacement Stream

A series of cash flows intended to replace the benefits of an asset or investment over time.

Payments

Payments refer to the amounts of money transferred from one party to another as compensation for goods or services, or as fulfillment of an obligation.