An organization:
A) facilitates the division of labor.
B) is a tangible entity.
C) has little power over individuals.
D) increases transaction costs.

Question

Quizplus · Accepted Answer

An organization facilitates the division of labor by assigning specific tasks and functions to different individuals or departments, allowing for greater specialization and efficiency in completing tasks.

Answer: B 
 While an organization is not a physical object, it is a tangible entity in that it has structure, goals, and a distinct identity that exists beyond the sum of its individual members.

Answer: D 
 An organization can increase transaction costs as it requires coordination and communication among its members, which can add extra time and effort to completing tasks. However, this is not always the case and can depend on the specific organization and task at hand.

Therefore, the best choices are: A and B.

An Organization