The advantages of ______ may include increased efficiency and more accurate production as single workers become more skilled in the one particular task that is assigned.

A. departmentalization
B. increased span of control
C. formalization
D. specialization


D. specialization

Business

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Big data can be used in collecting information about buyer behavior and the overall business environment, which is vital in making effective managerial decisions. Giving reasons illustrate how this can be accomplished

What will be an ideal response?

Business

The balance sheet shows a company's net income or loss over a period of time.

Answer the following statement true (T) or false (F)

Business

When evaluating credit, a customer who has sufficient disposable income and cash flow to pay off a loan is said to have

A) collateral. B) capacity. C) character. D) creditworthiness.

Business

Precious metals decrease in value with an increase in inflation

Indicate whether the statement is true or false

Business