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Charles owns a business with two separate departments. Department A produces $100,000 of income and Department B incurs a $60,000 loss. Charles participates for 550 hours in Department A and 100 hours in Department B. He has full-time employees in both departments.
Standardization
The method of establishing and advancing technological norms to guarantee uniformity and interoperability across processes, products, or services.
Lines of Authority
The clear and formal hierarchical structure within an organization that dictates who has control over decisions and resources.
Supervisor
An individual in a position of authority who oversees and directs the work of others in an organization.
Vertical Specialization
Vertical specialization refers to the degree to which tasks within an organization are subdivided into separate jobs.
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