Employee empowerment is another term used to describe decentralization an objective of the employment relationship in which workers are given some say in the conditions of their employment.
Centralization or decentralization is the process by which an organization's activities, especially those related to planning and decision-making, are decentralized or delegated from a central, authoritative place or group.
The concept of decentralization has been applied to the group dynamics and management sciences of private companies and organizations, political science, law and administration, economics, money, and technology.
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Answer:
C) person who works well alone
Explanation:
Answer:
differential revenue = $7
so correct option is a.$7
Explanation:
given data
Product A costs = $6
contribution margin = $3
Product B costs = $12
contribution margin = $4
to find out
the differential revenue for this decision
solution
we get here the differential revenue for this decision that is express
so first we get here selling price for both product that is
selling price product A = Product A costs + contribution margin
selling price product A = $6 + $3 = $9
and
selling price product B = $12 + $4 = $16
so now we get differential revenue that is
differential revenue = selling price product B - selling price product A
differential revenue = $16 - $9
differential revenue = $7
so correct option is a.$7
Answer:
b. In the first economy, the spending multiplier is greater than in the second economy. In the third economy, the spending multiplier is undefined
Explanation:
This can be easily understood by going through some calculations in a spending multiplier formula.
WORKINGS
The formula for Spending Multiplier = 
Spending Multiplier
Economy 1: Multiplier = 
= 2
Economy 2: Multiplier = 
= 1
Economy 3: Multiplier = 
= undefined
Note: MPS can be abbreviated as Marginal propensity to save
As we can see here economy 1 is 50% greater than economy 2 and economy 3 is undefined because they spend whole dollar they earn additionally.
On behalf of the above calculations, option B is a perfect match!
