The Use of Specialization to Produce More and Better Work

question 104

Multiple Choice

The use of specialization to produce more and better work with the same level of effort is consistent with the administrative management principle of:

• A) unity of command.
• B) unity of direction.
• C) scalar chain.
• D) division of work.
• E) none of these

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Definitions:

World's Leading

A term often used to describe a company, product, or service that is recognized as the most successful, advanced, or highest quality in its field on a global scale.

Trade Feedback Effect

A phenomenon where an increase in exports leads to an increase in national income and, consequently, an increase in imports.

Economic Flows

Refers to the movements of funds that reflect economic activity, including the flow of money within and between countries, such as trade, investment, and financial transactions.

Free Trade

International trade left to its natural course without tariffs, quotas, or other restrictions.