1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
castortr0y [4]
4 years ago
7

Difference between authority and responsibility​

Business
1 answer:
Orlov [11]4 years ago
5 0

Answer:

An authority is a power to give orders and ask your subordinates to perform certain duties. Authority can be given to a person by government’s executives, owner of an organization, or by the representatives of GOD.

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.

However, the authority of the manager is limited to a particular department of the organization. He has no authority on his employees outside the organization.

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.

Therefore, the degree of authority is highest at the top level, and its degree keeps on decreasing the levels of the organization. That means only a person at the top level can give orders to the people at a low level and can compel them to perform tasks given to them, and a person at lower level can’t give orders to the people at the top or his peers.

Authority can be of two types such as official authority (where authority is given to a person by the organization he works for), and other is a personal authority (where authority is given to a person because of his ability to influence people in the organization.

What is the Responsibility?

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.

The person is responsible for the consequence of his performance in the task. The responsibility comes with authority.

A manager is responsible for the accomplishment of the task. The responsibility moves upwards in the organization from a lower level of employees to the upper level of management.

The responsibility is originated from the superior-subordinate relationship in an organization. Because of this relationship, the manager can do a task from his subordinates with responsibility.

Difference between authority and responsibility

Difference between authority and responsibility

AUTHORITY RESPONSIBILITY

An authority is a power or right that a person gets because of his designation, role, or job. A responsibility is an obligation that an employee has to fulfill the work bestowed on him

An authority is the outcome of a formal position in an organization. A responsibility is the outcome of a superior-subordinate relationship.

An authority is a legal right given to a person. A responsibility is consequence of authority.

It is a delegation of authority. It is an assumption of responsibility.

The flow of authority is from the upper level to lower level. The flow of authority is from lower level to upper level.

Authority requires the ability to give orders. Responsibility requires the ability to follow orders.

The authority lasts for a long period of time. The responsibility ends as soon as the work bestowed on the employee is complete.

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.

You might be interested in
Identify the change in the parent function that will produce the related function shown as a dash line. f(x)= √ x
hichkok12 [17]

Answer:

g(x) = 2 + \sqrt x

<em>Translate the parent function, 2 units upward</em>

Step-by-step explanation:

Given

f(x) = \sqrt x

See attachment for the graph

 

Required  

Determine the change in f(x) that gives the dashed line

Let the dash line be represented with g(x)

From the attachment, there is only one transformation from f(x) to the g(x).

When f(x) is translated 2 units vertically upwards , it gives g(x); the dash line.

If

f(x) = \sqrt x

Then g(x) is:

g(x) = 2 + f(x)

g(x) = 2 + \sqrt x  

5 0
3 years ago
Janet Foster bought a computer and printer at Computerland. The printer had a $900 list price with a $100 trade discount and 2/1
nikdorinn [45]

Answer:

Janet Foster

a. Janet could save $12.44 on the printer by borrowing $800 to take advantage of the cash discount.

b. On the computer, the difference in the final payment between choices 1 and 2 is $197.

It is advisable for Janet to choose the first option.

Explanation:

a) Data and Calculations:

Printer:

List price of printer = $900

Trade discount =          100

Purchase cost =        $800

Cash discount terms = 2/10, n/30

Cash discount = $16 ($800 * 2%)

Interest on loan to purchase printer = $3.56 ($800 * 8% * 20/360)

Savings if loan is borrowed = $12.44 ($16 - $3.56)

Computer:

List price = $4,060

Trade discount = 25% or $1,015 ($4,060 * 25%)

Purchase cost = $3,045

Payment options:

1) = $160 * 17 months = $2,720

Balance on 18th month    325

Total payment =           $3,045

2) = Payment with 8% interest for 18 months equal payment = $180.08

From an online financial calculator:

N (# of periods)  18

I/Y (Interest per year)  8

PV (Present Value)   $3,045

FV (Future Value)  0

P/Y (# of periods per year)  12

C/Y (# of times interest compound per year)  12

PMT made at the end of each period

Results

PMT = $180.08

Sum of all periodic payments $3,241.48

Total Interest $196.48

Difference in final payment:

Choice 1 , total payment =    $3,045

Choice 2, total payment =    $3,242

Difference in final payment = $197

6 0
3 years ago
Compare a stock insurer to a mutual insurer with respect to each of the following: a. Parties who legally own the company b. Rig
jasenka [17]

Answer:

Explanation:

a. Parties who legally own the company

The kind of corporation that is owned by the shareholders is a stock insurer. While when policy holders elect board of directors then that is call a mutual insurer. This board of director enjoys control over the management control of the corporation.

b. Right to assess policyholders additional premiums

An asses sable policy can not be issued by the stock insurers, however policy of such kind can be issued by the mutual insurer. For mutual insurer, this policy depends on what kind of insurer is in place.

c. Right of policyholders to elect the board of directors

For stock insurer, its is the stockholders who elect the board of directors. While for mutual insurer, its the owners who elect the board of directors who have an effective control over the management.

4 0
3 years ago
Which of these credit card payback strategies would result in your paying the HIGHEST amount of interest?
alukav5142 [94]

Answer:

D. Making the minimum payment (3% credit card balance) every month with an occasional late payment

Explanation:

Credit card debts attract a very high-interest rate. By design, the interest on uncleared balances increases rapidly.  Credit cards calculate interest monthly. Any uncleared balance and the interest incurred is rolled over to the next month, where it continues attracting more interest.

The best strategy is to clear credit card debts in the month they are incurred. Late payment attracts heavy penalties. A combination of late payments and outstanding balances will make interest charges grow exponentially.

5 0
3 years ago
Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the curre
Ksenya-84 [330]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Press Department for October of the current year, during which it expected to require 9,000 hours of productive capacity in the department:

9,000 hours:

Variable overhead costs:

Indirect factory labor $70,200 (70,200/9000=7.8)

Power and light 3,870 (0.43)

Indirect materials 27,900 (3.1)

Total variable overhead cost $101,970

Fixed overhead costs:

Supervisory salaries $35,690

Depreciation of plant and equipment 22,430

Insurance and property taxes 14,280

Total fixed overhead cost 72,400

Total factory overhead cost $174,370

7,000 hours:

Variable overhead costs:

Indirect factory labor (7000*7.8)= 54,600

Power and light (0.43*7000)= 3,010

Indirect materials (3.1*7000)= 21,700

Total variable overhead cost $79,310

Total fixed overhead cost 72,400

Total factory overhead cost $151,710

11,000 hours:

Variable overhead costs:

Indirect factory labor (11000*7.8)= 85,800

Power and light (0.43*11000)= 4,730

Indirect materials (3.1*11000)= 34,100

Total variable overhead cost $124,630

Total fixed overhead cost 72,400

Total factory overhead cost $197,030

5 0
4 years ago
Other questions:
  • Managers at the Blue Dragon Inc., an international company with operations in China and the United States, are often heard compl
    11·1 answer
  • What is one of the negative effects of globalization?
    11·1 answer
  • Match each scenario with the step in the home-buying process it describes
    5·2 answers
  • In a(n) ________, members eliminate internal trade barriers, adopt a common external policy toward nonmembers, and eliminate bar
    9·1 answer
  • Which of the following is true of a transnational​ strategy? A. Uses licensing extensively outside of the​ "home" country B. Use
    13·1 answer
  • The rates of return on Cherry Jalopies, Inc., stock over the last five years were 22 percent, 11 percent, −4 percent, 6 percent,
    12·1 answer
  • Marigold Inc. reported total assets of $2391000 and net income of $318000 for the current year. Marigold determined that invento
    8·1 answer
  • Assume that the standard cost to make one finished unit includes 2 hour of direct labor at $8 per hour. During April, 22,000 dir
    14·1 answer
  • Which organization does not provide free or loss cost training and counseling associated with the Small Business Association
    9·1 answer
  • The production possibilities frontier is used to illustrate some basic economic ideas, including:.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!