When Adam Smith Reported on How 10 Pin Makers Working

question 181

True/False

When Adam Smith reported on how 10 pin makers working together could produce many times more pins, because they performed specialized tasks, Smith was describing the benefits of job enrichment.

Illustrate how departmentalization contributes to organizational effectiveness.

Assess the effectiveness of team-based structures and the importance of core competencies in organization design.

Understand the concept of specialized organizational structures.

Comprehend the importance of aligning organizational structure with project-based work.

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Definitions:

Toll-free Numbers

Telephone numbers that allow callers to reach businesses or individuals without being charged for the call, often used for customer service or sales.

Lead

A prospective customer who has shown interest in a product or service, potentially leading to a sale.

Qualified Prospect

A potential customer who has been evaluated and deemed likely to purchase a product or service due to their interest, ability to buy, and authority to make the purchase decision.

Cold Call

The practice of contacting potential customers or clients who have not previously expressed interest in the offered products or services, typically via telephone.