What Should an Effective Organizational Structure Provide an Organization

question 44

Multiple Choice

What should an effective organizational structure provide an organization?

• A) It identifies sources of required inputs for an organization.
• B) It reduces internal uncertainty while increasing external uncertainty for an organization.
• C) It increases internal uncertainty while decreasing external uncertainty for an organization.
• D) It decreases both internal and external uncertainty for an organization.

Understand the concept and purpose of employee assistance plans.

Identify the various determinants of a firm's compensation strategy.

Comprehend the process involved in the job classification system for job evaluation.

Grasp the basics and types of private pension plans.

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Definitions:

Variable Costing

An accounting method that only assigns variable costs to inventory, considering fixed costs as period expenses.

Absorption Costing

An accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overhead - as part of the cost of a product.

Variable Production Costs

Costs that change in direct proportion to changes in the level of production, such as raw materials and hourly labor.

Fixed Production Costs

Expenses that do not change with the level of production or sales over a short period, such as rent, salaries, and insurance, ensuring stability in production costs despite output variations.