Answer:
Letter C is correct. <u>Delegation of authority. </u>
Explanation:
In the context of organizational authority, the option that is best illustrated in this scenario is the delegation of authority.
This can be defined according to Chiavenato, as a process of transmitting authority and responsibilities to the lower hierarchical positions.
The higher the hierarchy in an organization, the greater the need to delegate authority, so it is essential that a leader perform this process effectively, using the right technique, to delegate authority to the right person, the right task, the right communication and maintaining control and performance evaluation of subordinates, so that the effectiveness of delegation of authority is achieved and that helps the organization to achieve its objectives and goals.
If supply decreases and demand remains stable, the price mechanically moves up since richer people are ready to pay more to get gasoline.
Of course companies selling gasoline want to maximize their profit so they will increase the price.
Right answer is A.
The best description of the definition given above is Related diversification because it entails when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities, or building market power.
<h3>What is Related diversification?</h3>
Related diversification refer to a situation when a firm change into another new industry that is very similar with the firm's existing industry or industries
The benefit of related diversification is it allow the sharing of related resources and ensures profit of real diversification.
Therefore, Related diversification is when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities, or building market power.
Learn more on diversification from the link below.
brainly.com/question/417234
The technology that was found in applications such as asset
tracking, smart keys and toll collection is the Electronic Collection System.
This system is very effective especially in the toll collection because it
makes the payment and collection of toll fees easy. The payment is
automatically debited to the account of the owner.
