________ in an organization is the division of labor. For example, in a publishing company, there are people who acquire manuscripts (sponsoring editors), people who edit manuscripts (developmental editors), and people who turn manuscripts into printed books (production editors).
A. The coordination of individual efforts into a group or organization-wide effort
B. The common purpose that unifies employees
C. An organizational structure with few or no levels of middle management
D. A structure where employees report to no more than one manager
E. The arrangement of having discrete parts of a task done by different people
E. The arrangement of having discrete parts of a task done by different people
Division of labor, also known as work specialization, is the arrangement of having discrete parts of a task done by different people.
You might also like to view...
Illegal acts of a small dollar amount can be ignored because they are immaterial
Indicate whether the statement is true or false
Describe what is meant by the 80/20 rule in the context of an airline
What will be an ideal response?
Which of the following statements is (are) true with respect to catastrophe bonds? I. The bonds are issued by the U.S. Government. II. The bonds have relatively high interest (coupon) rates
A) I only B) II only C) both I and II D) neither I nor II
On February 15, Jewel Company buys bonds of Marcelo Corp. for $200,800. The investment is classified as available-for-sale securities. This is the company's first and only investment in available-for-sale securities. On December 31, the bonds had a fair value of $201,900. The entry to record the year-end adjustment is:
A. Debit Fair Value Adjustment-Available-for-Sale $1100; credit Realized Gain-Income $1100. B. Debit Fair Value Adjustment-Available-for-Sale $1100; credit Interest Revenue $1100. C. Debit Fair Value Adjustment-Available-for-Sale $1100; credit Unrealized Gain-Equity $1100. D. Debit Cash $1100; credit Gain on Sale of Investments $1100. E. Debit Cash $1100; credit Dividend Revenue $1100.