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3 years ago

Explain the concept of delegation of authority

Business

2 answers:

Archy [21]3 years ago

6 0

Explanation:

Delegation of authority is a process that enables a person to assign a task to others. As a manager or leader, you're expected to perform several tasks and meet multiple deadlines. To ensure that you achieve your objectives on time, you delegate responsibility to your team members

klasskru [66]3 years ago

3 0

Answer:

In order to meet the targets, the manager should delegate authority. Delegation of Authority means division of authority and powers downwards to the subordinate. Delegation is about entrusting someone else to do parts of your job. Delegation of authority can be defined as subdivision and sub-allocation of powers to the subordinates in order.

Explanation:

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Compare and contrast the terms "Fiat Money" and "Commodity Money".

sergij07 [2.7K]

Answer:

Commodity money has some intrinsic value due to the content of precious metal it is made up of or backed by, but debasement or increases in precious metal supply can cause inflation.

Fiat money is backed only by the faith of the government and its ability to levy taxes.

Hope this helped you compare and contrast

Explanation:

3 0

3 years ago

Morabido mails registered letters, sends e-mails, and places ads in local newspapers where it sold a defective weed killer. Hunt

Naddika [18.5K]

The defense which Morabido can use at trial is:

Assumption of Risk

<h3>What is Assumption of Risk?</h3>

This refers to the defense which is used in the law court to try to prevent a plaintiff from making a recovery based on negligence.

WIth this in mind, we can see that Morabito can make use of assumption of risk to show that because Huntington knew of the defect but went ahead to make use of weed killers.

Read more about assumption of risk here:
brainly.com/question/21897362

3 0

2 years ago

Which of the following describe the purpose of money?

julsineya [31]

The purpose of money is that it is a store of value, unit of account and a medium of exchange.

Money is a store of value because it holds a value to pay for something else. Money is used to purchase items you want and depending on how much money you have it creates a value that is enough to purchase something else. Money is also a unit of account because it holds a numeric value that is important to the holder and the organizations so that people can spend their items on things they want/need. Money is also a medium of exchange because it is used as an exchange for a good or service that the consumer wants.

5 0

4 years ago

Read 2 more answers

Over the past four years, the common stock of Jess Electronics Co. produced annual returns of 7.2, 5.8, 11.2, and 13.6 percent,

klasskru [66]

Answer:

Standard Deviation = 0.032 or 3.2%

Therefore, Option C) 3.22 percent is the correct answer

Explanation:

Given the data in the question;

lets make a table;

year market Treasury bills Risk deviation square of

returns returns premium from mean deviation

A B (A - B) Avg - (A - B) (Avg-(A-B))²

1 7.2% 3.4% 3.8% -0.0195 0.0004

2 5.8% 3.3% 2.5% -0.0325 0.0011

3 11.2% 4.1% 7.1% 0.0135 0.0002

4 13.6% 4.0% 9.6% 0.0385 0.0015

sum(∑) 23% 0.0032

Average Avg = ∑(A-B) /n = 23/4 = 5.75%

so Variance = ∑(Avg-(A-B))² / n-1 = 0.0032 / (4-1) = 0.0032 / 3 = 0.0010

Standard Deviation = √variance = √0.0010 = 0.0316 ≈ 0.032 or 3.2%

Therefore, Option C) 3.22 percent is the correct answer

3 0

3 years ago

Suppose that Italy and Sweden both produce jeans and stained glass. Italy's opportunity cost of producing a pane of stained glas

Simora [160]

Answer:

The correct answer is option C.

Explanation:

Italy and Sweden both produce jeans and stained glass.

Italy's opportunity cost of producing a pane of stained glass

= 4 pairs of jeans

Sweden's opportunity cost of producing a pane of stained glass

= 10 pairs of jeans

Since Italy has a lower opportunity cost of producing glass, so we can say that it has a comparative advantage in the production of glass.

Italy's opportunity cost of producing a pair of jeans

= $\frac{1}{4}$

= 0.25

Sweden's opportunity cost of producing a pair of jeans

= $\frac{1}{10}$

= 0.1

Sweden has a lower opportunity cost in the production of jeans, so it has a comparative advantage in the production of jeans.

So, Italy will produce and export glass and Sweden will produce and export jeans.

Both the countries will gain from trade if the trade price lies between their opportunity cost.

So the trade price will be 8 pairs of jeans per pane of stained glass.

7 0

3 years ago

Explain the concept of delegation of authority​

Explain the concept of delegation of authority