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Functional departmentalization can be used in all types of organizations. Group activities in accordance with the function of an enterprise. Product departmentalization - Grouping activities by product line. It can also be grouped according to a specific product or service, thus placing all activities related to the product or the service under ...
A corporate group is composed of companies. The general rule is that a company is a separate legal entity from its shareholders, that is the shareholder's liability for the subsidiary's debts is limited to the value of the shares, [3] and the shareholders cannot be required to perform the company's obligations.
The division of labour is the separation of the tasks in any economic system or organisation so that participants may specialise (specialisation).Individuals, organisations, and nations are endowed with or acquire specialised capabilities, and either form combinations or trade to take advantage of the capabilities of others in addition to their own.
Examples of divisions include regional (a U.S. Division and an EU division), consumer type (a division for companies and one for households), and product type (a division for trucks, another for SUVs, and another for cars). The divisions may also have their own departments such as marketing, sales, and engineering.
CSC acquired several companies in 2015, including Koehler Group. [15] Koehler Group is a Hong Kong-headquartered provider of incorporation, tax, accounting, and trade support services. Koehler Group’s offerings add to CSC’s services and provide CSC with additional business process outsourcing capabilities.
Cost pools is an accounting term that refers to groups of accounts serving to express the cost of goods and service allocatable within a business or manufacturing organization. [1] The principle behind the pool is to correlate direct and indirect costs with a specified cost driver, so to find out the total sum of expenses related to the ...
NCO Group, Inc., based in Horsham, Pennsylvania, United States, [2] is a business process outsourcing company and collection agency that provides accounts receivable management, customer relationship management and back office solutions [buzzword] for its clients.
The Employment Standards Administration (ESA) was the largest agency within the U.S. Department of Labor.Its four subagencies enforced and administered laws governing legally mandated wages and working conditions, including child labor, minimum wages, overtime pay, and family and medical leave; equal employment opportunity in businesses with federal contracts and subcontracts; workers ...