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Specialization involves dividing work into small, specialized tasks and assigning employees to general tasks.
False
Departmentalization is the process of grouping jobs into working units, which are called departments, units, groups, or divisions.
True
Delegation of Authority is necessary only in large organizations and not in small businesses.
False
An entrepreneur should not delegate any tasks to subordinates as it may compromise decision-making effectiveness.
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Span of Management refers to the number of supervisors reporting to a single subordinate in an organization.
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Having too many subordinates reporting to a single supervisor can compromise the quality of directing and controlling them.
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Hierarchy of Objectives in small businesses focuses primarily on achieving social recognition rather than financial profits.
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One of the concerns reflected in the organizational structure is the importance of achieving certain objectives related to profits in an entrepreneurial venture.
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The process of departmentalization involves breaking down tasks into small specialized tasks for better efficiency.
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In the context of organizational structure, specialization is more about diversifying tasks among employees rather than focusing on specific tasks.
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