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Ipatiy [6.2K]
3 years ago
11

Item 8 In a movie's opening weekend, 879,575 tickets are sold in 755 theaters. The average cost of a ticket is $9.50. What is th

e average amount of money earned by each theater?
Business
1 answer:
Digiron [165]3 years ago
4 0

Answer:

the average amount of money is 1,165

Explanation:

The computation of the average amount of money i.e. earned by each theater is shown below:

= Total number of tickets sold ÷ number of theaters

where,

The Total number of tickets sold is 879,575

And, the number of theaters is 755

Now place these values to the above formula

So, the average amount of money is

= $879,575 ÷ 755

= 1,165

hence, the average amount of money is 1,165

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An authority is a legitimate power to influence people to compel them to perform the task given to them. For example, a mob has the power to punish a criminal, but they don’t have legitimate authority to punish the criminal.

The authority lies in the hands of the law. Similarly, in an organization, the authority lies in the hands of a manager to get organizational tasks accomplished by his subordinates.

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Authority is the consequence of the position of an individual in an organization. A person can only be at the superior position of the organization if he has authority; a person with no authority can never be on the top position of an organization.

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Being responsible

Responsibility is a moral duty or an obligation of an employee, whether he is a manager or subordinate to fulfill the task given to them. The responsibility starts as soon as the job is assigned to the employee and finish with the completion of the task.

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Difference between authority and responsibility

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AUTHORITY RESPONSIBILITY

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The objective of the authority is to make decisions and implement them effectively. The objective of responsibility is to perform duties effectively assigned by the superiors.

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