The Process of Grouping Jobs Together Is Known as ________

question 3

Multiple Choice

The process of grouping jobs together is known as ________.

• A) departmentalization
• B) centralization
• C) formalization
• D) decentralization

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Definitions:

Limited Partner

An investor in a partnership who is not directly involved in the day-to-day operations and whose liability is limited to the amount invested in the partnership.

Vicarious Liability

The legal responsibility of one party for the actions of another, typically in employer-employee relationships.

Employment Law

Employment Law is a body of laws, standards, and rules that govern the legal rights and responsibilities between employers and their employees, on matters such as wages, workplace safety, and discrimination.

Partnership Agreement

A contract outlining the terms, conditions, and responsibilities of partners in a business venture.