The Basis for Grouping Positions into Departments and Departments into the Total

question 173

True/False

The basis for grouping positions into departments and departments into the total organization is referred to as departmentalization.

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Definitions:

Division's Margin

The profit margin measured at the divisional level, reflecting the division's ability to generate profit from its revenues.

ROI

Return on investment (ROI) measures the gain or loss generated on an investment relative to the amount of money invested.

ROI

An evaluation tool applied to determine the profitability or efficiency of a single investment or to analyze and compare the efficacy of multiple investments.

Margin

The difference between the selling price of a product and its cost, often expressed as a percentage of the selling price.