The Process of Grouping Work Positions into Formal Teams and Departments

question 23

Multiple Choice

The process of grouping work positions into formal teams and departments, and then linking them together within the organization is known as ___.

• A) differentiation
• B) departmentalization
• C) structural team development
• D) organizing
• E) functional team management

---

Definitions:

Dollar

The official currency of several countries, including the United States, known for its significant role in international trade and finance.

Depreciate

A decline in an asset's value over time, frequently caused by deterioration or becoming outdated.

Managed Floating

A system where a country's exchange rate is allowed to fluctuate in response to the foreign exchange market, but the central bank intervenes to stabilize the currency when necessary.

Exchange Rates

The value of one currency in terms of another currency, which determines how much foreign currency can be obtained with a unit of domestic currency.