Patricia, the manager of Prime Health Club, was telling her new trainer that "I have many decisions to make in a day, and as the club manager, during the course of a week, I have to give orders to most of the 35 employees. Then there is my budget and the club resources, which I oversee." Patricia's _______ gives her the right to make decisions, give orders, and utilize resources.

A. responsibility
B. authority
C. power
D. delegation
E. work specialization


B. authority

Authority refers to the rights inherent in a managerial position to make decisions, give orders, and utilize resources.

Business

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From a population with a variance of 484, a sample of 256 items is selected. At 95% confidence, the margin of error is

A. 16. B. 1.375. C. 2.695. D. 22.

Business

In determining earnings per share, interest expense, net of applicable income taxes, on convertible debt which is dilutive should be

a. ignored for diluted earnings per share. b. added back to net income for diluted earnings per share. c. deducted from net income for diluted earnings per share. d. none of these.

Business

Juan Lamora started four entrepreneurial ventures between 2014 and 2016, and in 2017 he was managing all four ventures at once. In the language of entrepreneurship, Juan is a(n) ____.

a. Juggler b. Wantapreneur c. Soloentrepreneur d. Socioentrepreneur e. None of the above

Business

The ‘learning perspective’ emphasizes the emancipating potential of learning for individuals and collectives and is most closely associated with which perspective?

a. Strategic HRD b. Critical HRD c. Strategic Management Development d. Knowledge Management

Business