Dividing Work by the Natural Sequence of the Work the Organization

question 57

True/False

Dividing work by the natural sequence of the work the organization is termed horizontal specialization.

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Definitions:

Target Customers

Individuals or groups identified as the most likely to purchase a company's products or services.

Market Segments

The classification of a broader market into smaller consumer groups with similar needs, characteristics, or behaviors.

Customers

Individuals or businesses that purchase goods or services from a company.

Geographic Reach

The scope or extent of an area covered by the operations, services, or influence of a business or organization.