In an Organization,the Union Contract Is Very Explicit as to Employee

question 150

Multiple Choice

In an organization,the union contract is very explicit as to employee work rules,the tasks each individual employee will perform,the pay each individual will receive,how each individual can move from one position to another and so on.This organization's structure is an example of a ____________ structure in the organization.

• A)centralized
• B)departmentalized
• C)hierarchical
• D)formalized

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Definitions:

Variable

An element, feature, or factor that is liable to change or be changed, often used in the context of experiments, statistics, or mathematics.

Mixed Costs

Costs that contain both a variable- and a fixed-cost element and change in total but not proportionately with changes in the activity level.

Fixed Costs

Expenditures such as rent, salaries, and insurance that are unaffected by changes in production or sales volumes.

Contribution Margin

The amount by which a product's sales price exceeds its total variable costs, indicating the contribution towards covering fixed costs and generating profit.