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:

Marginal Benefit

The gain in pleasure or value received from the consumption of one more unit of a good or service.

Public Project

A project typically financed and operated by the government designed to serve the public interest or provide a public good.

Majority Vote

A method of decision-making where the option that receives more than half of the votes wins.

Negative Externalities

Costs experienced by a third party not involved in a transaction, arising from production or consumption of goods and services.