All categories

3 years ago

A pattern of relationships and accountability between a superior and his or her subordinates is established by the process of:

1 answer:

7 0

Delegation of Authority

The delegation of authority is having upper level management funnel tasks and information through their chain. Delegation is assigning someone below them (usually) a task to complete.

Often the delegation of authority looks like this:
Top level management
Middle level employee
Low level employee
Operating level employee

You might be interested in

Managing quality helps build successful strategies of A. differentiation, low cost and service. B. differentiation, time and r

Liono4ka [1.6K]

Managing quality helps build successful strategies of "differentiation, low cost and response".

Answer: Option C

Explanation:

The expression of supervising all operations and activities necessary to maintain the rate of competence required, thus understood as "Quality management". It involves defining a performance policy, establishing and enforcing quality scheduling and expectation, as well as quality control and enhancing quality.

In order to attract market, launch of unique product is necessary with pocket friendly price and good quality too. When quality is managed more according to the market need than the owners capability of finance, then only growth of firm is possible, thus quality of product should not be compromised.

5 0

3 years ago

Unlike goods, services:

harina [27]

Answer:

(D) are more heterogeneous and less standardized and uniform

Explanation:

Since services have greater heterogeneity, there is some variability of inputs and output in services, so they tend to be less standardized and uniform than goods.

7 0

3 years ago

You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent annuall

vekshin1

Answer:

FV= $6,124.46

Explanation:

Giving the following information:

You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent annually,

Annual deposit= $1,400

Number of periods= 4 years

Interest rate= 6%

To calculate the future value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {1,400*[(1.06^4) - 1]} / 0.06

FV= $6,124.46

6 0

3 years ago

Each statement below is part of an economic model. Indicate whether the statement is a prediction of cause and effect or an assu

aivan3 [116]

Answer:

(a) Assumption

(b) Cause and Effect

(d) Assumption

Explanation:

(a) People behave rationally: Assumption

Rational behavior refers to a decision-making process that is based on making assumptions that result in an optimal level of benefit or utility.

(b) Cause and Effect

If a price of goods falls that is a cause and the effect is that people will consume more of the good.

As the population grows faster than food supply (cause), mass starvation is predicted to occur which is the resultant effect.

(d) Assumption

The maximization of profit is based on the assumption of theory of production and costs.

4 0

3 years ago

Read 2 more answers

terin, the chief human resources officer for a major financial services company, has met with each of her employees to set their

MArishka [77]

Given that Terin's employees have set their objectives in the company, the next thing that Terin expects from these employees would be to develop action plans.

Option D is the correct answer to this question. The action plans are sets of strategies that the employees have laid out that would help them to achieve their goals and objectives.

In order to do this, they have to make up lists of the things that they want to achieve in the firm and also list the strategies that they would employee to achieve them.

3 0

2 years ago