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How is the dividing and grouping work affected in the organisation?
Dividing and grouping work:
Divisionalisation gives a broader perspective, a greater sense of responsibility onto the part of the personnel and more clear-cut control over profits. Departmentation or grouping is the process of grouping of activities for specialization. It also assists in coordination that means weaving together the segments of an organization within a coherent entire in such a way which all parts operate at the most optimum level and create maximum profits.
What are the three approaches to short-term financing problem?
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