c. Long-term plans II. Direction: Identify the following statements. Write your answer on the space provided.
1. It is a general term which includes all profit seeking activities of an enterprise that ultimately provides goods and services that satisfies the human wants and needs.
2. It is the process of harmonizing and administration of people, tasks and functions within an organization to work effectively and efficiently.
3. Demands assigning tasks, setting aside funds, and bringing harmonious relations among the individuals and work groups or teams in the organization. 4. Indicates filling in the different job positions in the organization's structure.
5. A theory that emphasizes departmentalization of functions or activities to be performed for achieving a common purpose.
6. Right given to a person to influence by giving orders or command to a person.
7. Concentration of control of an activity or an organization under a single authority
8. Empowerment of sub-groups in an organization due to complexity or growth.
9. A visual representation of the organization's structure showing the different job positions in the firm and their hierarchical arrangement for the purpose of dividing labor and providing a picture of the reporting structure.
10. Refers to the departmentalization of an organization into smaller work units as tasks become increasingly varied and numerous.​