The Term Used to Describe the Degree to Which Tasks

question 78

Multiple Choice

The term used to describe the degree to which tasks in an organization are subdivided into separate jobs is called ________.

• A) social clustering
• B) bureaucracy
• C) work specialization
• D) centralization
• E) departmentalization

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Definitions:

Debt Market

A financial market where participants can issue and trade debt securities, often used by corporations and governments to finance their operations.

Derivatives Market

A market where financial instruments such as futures, options, and swaps are traded, whose value is derived from the value of an underlying asset.

Tertiary Market

A smaller and less accessible segment of the financial market where lesser-known securities are traded.

Financial Manager

A professional responsible for the financial health of a corporation, overseeing investment strategies, financial reporting, budgeting, and analysis to support executive decision-making.