Match the term with its definition. Some terms may not be used.
A. A document that expresses future plans in monetary terms
B. The official, vertical channel of communication in an organization
C. Granting to subordinates the right to act or make decisions
D. Authorization of employees to make decisions or take actions on their own
E. A firm's overall plan for the future
F.
G. Groups of employees with freedom to function without direct supervision but with responsibility for results
H. A plan that governs a firm's operations for one year or less
A. Budget
B. Chain of command
C. Delegation of authority
D. Empowerment
E. Long-range plan
F. Professional manager
G. Self-managed work teams
H. Short-range plan
You might also like to view...
An audit basically consists of having the auditor form an opinion regarding management's financial statement assertions. The auditor therefore develops general and specific procedures to apply to the accounts and transactions. In a particular case, s/he might do this by:
A. Tracing sales invoices to shipping documents to tests the completeness of reported sales. B. Tracing sales invoices to shipping documents to test the occurrence of reported sales. C. Tracing sales invoices to shipping documents to test the completeness of recorded accounts receivable. D. Tracing shipping documents to sales invoices to test the occurrence of reported sales.
What are Duck’s Five Stages of Change?
a. Preparation, implementation, vacillation, flagellation, completion b. Stagnation, preparation, implementation, determination, fruition c. Configuration, centralization, fertilization, perspiration, preservation d. Anticipation, stimulation, application, determination, acclimatization
In the first decade of the 21st century, what was the overall employment growth for the OECD countries?
a. 70% b. 25% c. 150% d. 10%
companies have been able to extend the life cycles of their ______ products by offering them in foreign countries.
a. mature b. introductory c. growth d. decline