SCENARIO 13-1 You Are Developing a Training Manual That Will

question 49

Multiple Choice

SCENARIO 13-1 You are developing a training manual that will assist managers in designing an appropriate organizational structure for new organizations.You have included information and references for all of the key questions that managers need to answer.
You suggest that one of the questions to be answered is "On what basis should jobs be grouped together
" The answer to this question is provided by

• A)departmentalization.
• B)work specialization.
• C)centralization.
• D)formalization.
• E)decentralization.

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Definitions:

Accounts Receivable

Amounts due to a firm from its clients for goods or services already supplied but not yet paid for.

Dishonored Note

A promissory note that has not been paid by the maker at its maturity date.

Calculating Interest

The process of determining the cost of borrowing money or the gain from lending money, usually expressed as a percentage of the principal amount per period.

Note Receivable

A written promise that one party will pay a specific sum of money to another party at a future date.