Which of the following represents a building block for all business organizations?
A) specialization
B) departmentalization
C) decision-making hierarchy
D) all of the above

Question

Quizplus · Accepted Answer

Specialization, departmentalization, and decision-making hierarchy are all fundamental elements or building blocks of business organizations. Specialization involves breaking down tasks into specialized areas of expertise, while departmentalization involves grouping similar jobs or tasks together to form departments. The decision-making hierarchy refers to the formal structure for decision-making and communication within an organization. All three of these components are critical for building an efficient and effective organizational structure.

Which of the Following Represents a Building Block for All