Determining how many subordinates will report to each manager gives an organization its
A. chain of command.
B. span of management.
C. degree of centralization.
D. nature and degree of departmentalization.
E. degree of specialization.
Answer: B
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Which of the following is most likely to be a barrier to exit?
A) high advertising expenses B) specialized assets C) many product substitutes D) high customer power E) R&D expenses
Variable cost per unit remains constant within the relevant range
Indicate whether the statement is true or false
A salesperson should ask a prospect to buy a product only when the prospect reaches the ________ stage of the mental buying process.
A. knowledge B. belief C. conviction D. desire E. attitude
For good financial management, you should treat a credit card as
A) a source of funds. B) a means of convenience. C) a way to finance everything. D) an inexpensive form of financing.