To Increase Work Efficiency and Make It Easier to Match

question 34

Multiple Choice

To increase work efficiency and make it easier to match employee competencies with job requirements,companies tend to:

• A) Divide work into more specialised jobs
• B) Rely on formal hierarchy as a coordinating mechanism
• C) Rely on a narrow span of control
• D) Centralise decision making

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Definitions:

Special Order

A one-time order that is not part of the company's usual ongoing operations, often requiring a deviation from standard pricing and production procedures.

Future Costs

Future costs are expected or estimated costs that will be incurred in the performance of future activities or business operations, guiding budgeting and planning processes.

Sunk Cost

Costs that have already been incurred and cannot be recovered.

Common Fixed Costs

Common fixed costs refer to expenses that remain constant for a business over a period, regardless of the level of production or sales activity.