The Process of Creating,selecting,or Changing the Structure of an Organization

question 60

Multiple Choice

The process of creating,selecting,or changing the structure of an organization refers to:

• A)formalization.
• B)organization design.
• C)specialization.
• D)spans of control.
• E)organization theory.

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Definitions:

Trade Deficit

A scenario in which a country buys more goods and services from abroad than it sells to other countries, resulting in a negative trade balance.

Merchandise

Goods or products that are bought, sold, or traded, often in a retail environment.

Comparative Advantage

The capacity of a person or a team to perform a specific financial task more effectively than other tasks.

Consumption Habits

The patterns or behaviors of individuals or groups in purchasing and using goods and services.