Identify and discuss the major steps in the delegation process.
What will be an ideal response?
Delegating generally involves three steps: (1) the manager assigns responsibility for completing of the job or task; (2) the manager grants authority, or power, to accomplish the job or task; and (3) the manager creates accountability, or the obligation of the worker to accomplish the assigned job or task.
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Using a list can be more effective than conventional sentences and paragraphs because lists allow the writer to do what?
A) Slow down the reading process B) Minimize the impact of controversial information C) Require careful review of key points D) Increase the depth of the document E) Simplify complex subjects
Which of the following debt management ratios is the most inclusive for measuring the degree to which a company relies on outsiders for financing?
A) Debt to equity ratio B) Times interest earned ratio C) Long-term debt to equity ratio D) Long-term debt to total assets ratio
Overtime pay must always be set at twice the regular pay of an employee
Indicate whether the statement is true or false
A kanban that is used to authorize processing is referred to as?
a. Withdrawal kanban b. Production kanban c. Manufacturing kanban d. Processing kanban