What are the conditions under which the span of control should be wide?
What will be an ideal response?
The span of control should be wide under the following conditions:
• The work is clearly defined and unambiguous.
• Subordinates are highly trained and have access to information.
• The manager is highly capable and supportive.
• Jobs are similar, and performance measures are comparable.
• Subordinates prefer autonomy to close supervisory control.
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Which statement about the median age of the U.S. population is true?
A. It is decreasing because the percentage of population in older age groups has decreased. B. It has not changed since 1980. C. It is growing because the percentage of population in older age groups has increased. D. It was 37 in 1980. E. It was about 30 by 2010.
Legacy Industries Inc. has a historic P/E multiple of 15, a current EPS of $2.50 projected to grow by 4% in the coming year, and a forward looking P/E multiple of 18. With this information please estimate the current price of the firm's stock
A) $37.50 B) $46.80 C) $39.00 D) $48.20
Which of the following situations lends itself to cluster samples?
A. When it is difficult to develop a complete list of the population members. B. When the population members are widely dispersed. C. When selecting and collecting data from a simple random sample is too costly. D. All of these choices are true.
The expected value for a binomial distribution is given by equation
a. (n - 1)(1 - p). b. n(1 - p). c. np. d. (n - 1)p.