Standardization

question 4

Multiple Choice

Standardization:

• A) causes a manager to reduce his or her span of control.
• B) increases the number of managers needed.
• C) enables a manager to increase his or her span of control.
• D) can be used only in a centralized hierarchy.

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Definitions:

Market Value

The current price at which an asset or service can be bought or sold in the marketplace.