Ans: E) unity of command.
A principle that states that a subordinate has only one supervisor to whom he or she is directly responsible is called:
A) functional authority.
B) span of control.
C) division of work.
D) work simplification.
E) unity of command.
Business
You might also like to view...
A $100 specific tariff provides home producers more protection from foreign competition when
a. the home market buys cheaper products rather than expensive products. b. it is applied to a commodity with many grade variations. c. the home demand for a good is elastic with respect to price changes. d. it is levied on manufactured goods rather than primary products.
Business
All of the following statements regarding accounting for influential securities under U.S. GAAP and IFRS are true except:
A. U.S. GAAP companies commonly refer to noncontrolling interests in consolidated subsidiaries as minority interests whereas IFRS companies use noncontrolling interests. B. Under the equity method, the share of investee's net income is reported in the investor's income in the same period the investee earns that income. C. Under the consolidation method, nonintercompany assets and liabilities are combined (eliminating the need for an investment account). D. Under the consolidation method, investee and investor revenues and expenses are combined. E. Under the equity method, the investment account equals the acquisition cost plus the share of investee income plus the share of investee dividends.
Business
What is the difference between decision making and problem solving? Briefly describe the steps involved in decision making and in problem solving.
What will be an ideal response?
Business
What is the meaning of the term 2/10 net 30?
A) If the invoice is paid within 10 days, a 2% discount can be taken. If the invoice is paid between 11 and 29 days, a 1% discount can be taken. After 30 days, the full invoice is due. B) If the invoice is paid within 2 days, a 10% discount can be taken; otherwise the full invoice is due in 30 days. C) If the invoice is paid within 2 days, a 10% discount can be taken; otherwise a 2% discount can be taken if the invoice is paid in 30 days. D) If the invoice is paid within 10 days, a 2% discount can be taken; otherwise the full invoice is due in 30 days.
Business