Discuss the role of delegation of authority in design decisions.
What will be an ideal response?
Managers decide how much authority should be delegated to each job and each jobholder. Authority refers to individuals' right to make decisions without approval by higher management and to exact obedience from others. Delegation of authority refers specifically to making decisions, not to doing work. A sales manager can be delegated the right to hire salespeople (a decision) and the right to assign them to specific territories (obedience). Another sales manager may not have the right to hire but may have the right to assign territories. Thus, the degree of delegated authority can be relatively high or relatively low with respect to both aspects of authority. Any particular job involves a range of alternative configurations of authority delegation. Managers must balance the relative gains and losses of alternatives.
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Countries that have different rules for financial accounting and tax accounting, rely more on equity financing, and have historic political and economic ties with Great Britain are referred to as what types of countries?
A. Conformist countries. B. Common-law countries. C. Code-law countries. D. European Union countries.
Intensive distribution is appropriate for shopping products.
Answer the following statement true (T) or false (F)
Explain what may constitute a material breach and list the relevant factors in determining if a material breach exists
How does global sourcing differ from sourcing from domestic suppliers?
What will be an ideal response?