Define and discuss the different types of departmentalization within an organization
What will be an ideal response?
Functional, placing together jobs that are performed by people with the same kinds of training and experience. Product, each major product area in the organization is under the authority of a specialist. Geographic, divides on the basis of geography or territory. Customer, grouping around common interest, concerns, or needs of a customer or client. Process, dividing by the needs of varied skills and specialized equipment.
You might also like to view...
A generally accepted method of valuation is
1. trading securities at market value. 2. accounts receivable at net realizable value. 3. inventories at current cost. a. 1 b. 2 c. 3 d. 1 and 2
A lender who refers to a loan as "seasoned" is referring to the:
A: Quarter of the year in which the loan was made; B: Maturity date of the loan; C: Loan quality; D: Record of consistent payments on the loan.