_____ Refers to the Process of Reducing the Number of Job

question 49

Multiple Choice

_____ refers to the process of reducing the number of job levels to achieve more flexibility in job assignments and in assigning merit increases.

• A)Decentralizing
• B)Departmentalizing
• C)Forecasting
• D)Delayering
• E)Benchmarking

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Definitions:

Direct Lease

A lease agreement directly between the lessor and lessee, excluding intermediaries, typically for commercial properties or automobiles.

Manufacturer

A company or individual that produces finished goods from raw materials through the use of tools, human labor, machinery, and chemical processing.

Lease Agreements

Contracts between a lessor and a lessee that grant the lessee the right to use an asset for a specific period in exchange for payment.

Lower Taxes

Reductions in the amount of tax imposed by a governmental authority.