Blog

Adam Smith, author of The Wealth of Nations, is widely credited with being the first person to emphasize the power of specialization.

New employees at Disney World in Orlando spend their first several days learning what it means to be a “cast member” by studying the traditions that are Disney. This is called

Dramatic ExpressionsDramatic Expressions is a home decorating company that sells many different household accessories ranging from candles to entertainment centers. Wanda is the CEO of the company. She feels that there is not enough specialization within the company and wants to organize the business in a different way. Wanda thinks that the company would be more effective if it were to switch to a new way of organization. For example, there could be a manager in charge of the candles, a different manager in charge of the entertainment centers, and so on.Another issue that Wanda wants to resolve is that of delegation. She believes that if she could improve her delegating, employees would feel more empowered and want to go above and beyond what they are required to do. There are certain reasons that Wanda has a hard time delegating to others, but she is confident that the problem will be overcome if she works on it. Refer to Dramatic Expressions. What type of departmentalization does Wanda want to switch to?

Product extension and refinement are expected results of a firm’s development and implementation effort.

In a service industry such as a package carrier, the ____ of the conversion process is usually small or none at all.

After World War II, the United States became the most productive country in the world.

One of the main reasons employers offer employees flexible benefits plans is

The degree to which input resources are physically changed by the conversion is referred to as the

Jefferson, Inc. (JI)Jefferson Inc. (JI) is a relatively new company that wants to improve its employee rewards, compensation, and benefits. The company understands that there are effective reward systems that will motivate employees. However, JI management is not sure which would be the best for the company. Compensation, another important area, must also be improved so that it will satisfy all employees effectively. In addition, the company wants to create benefits to keep the employees not just satisfied, but also motivated. Yet another pressing issue is deciding on the training methods that are to be used to successfully teach the new employees.JI believes that it will be on the right path if all of these changes can be successfully accomplished. The company plans to incorporate performance appraisals so it can be sure that the rewards, compensation, and benefits are effectively distributed. Refer to Jefferson, Inc. The training of new employees at JI can be carried out through

Whether or not secretaries are paid more than file clerks depends on the nature of a firm’s ____ structure.