Departmentalization Refers to

question 63

Multiple Choice

Departmentalization refers to

• A) setting up divisions in an organization.
• B) categorizing employees based on their qualifications.
• C) creating a hierarchy of different levels in an organization.
• D) standardizing procedures for all departments.

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Definitions:

Electronic Exchanges

Online platforms where buyers and sellers can meet to trade goods, services, or securities.

Transactions

The action of conducting business, trading, or an exchange between parties.

Buyers

Individuals or entities that purchase goods or services for personal use, resale, or as part of a business operation.

Sellers

Individuals or entities that offer goods or services for sale to consumers or other businesses.