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laila [671]
3 years ago
15

Travis, the advertising manager of a photo imaging company, is responsible for compiling a list of the company's potential adver

tising sources for the upcoming year. However, he assigns this task to his immediate subordinates so that he can focus on project scheduling. In the context of organizational authority, which of the following is best illustrated in this scenario?
A) Staff authority
B) Centralization of authority
C) Delegation of authority
D) Concentrated authority
Business
2 answers:
pantera1 [17]3 years ago
8 0

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.

RUDIKE [14]3 years ago
7 0

Answer:

c) Delegation of Authority

Explanation:

Organisational Authority is defined as the hierarchy in a company from top level management to entry level employees. The types of organisational authority can have an impact on a company's productivity and cohesiveness between employees and members of management. There are various levels of organisational authority. They are given birth to as a function of <em>delegation of authority.</em>

They are:

  1. Operational Level Management;
  2. Middle Level Management
  3. Top Level Management <em> </em>

Delegation of Authority is the act of entrusting someone else to do parts of your job.

It may also be referred to as the subdivision and sub-allocation of powers to the subordinates in order to achieve effective results.

Cheers!

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Oriole Inc. has completed the purchase of new Dell computers. The fair value of the equipment is $890,082. The purchase agreemen
Semmy [17]

Answer:

  • Annual rate = 8%
  • Semiannual rate = 4%

Explanation:

The present value of the amount that is to be paid periodically:

= Fair value - Down payment

= 890,082 - 216,000

= $674,082

This is a semi annual payment so the variables need to be converted as such:

Period = 5 years * 2 = 10 semi annual periods

This payment is constant so it is an annuity.

Present value of annuity = Annuity * Present value interest factor, 10 periods, x percent

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= 8.1109

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The annual interest rate is therefore:

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5 0
3 years ago
During the current year, Comma Co. had outstanding: 25,000 shares of common stock; 8,000 shares of $20 par, 10% cumulative prefe
Sergeu [11.5K]

Answer:

The Comma’s basic earnings per share for the current year was $7.36

Explanation:

The computation of the earning per share is shown below

Earning per share = (Net income - preferred dividend) ÷ (Number of shares)

where,

Net income is $200,000

Preference dividend = Number of shares × price per share × rate

                                  = 8,000 shares × $20 × 10%

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And, the number of outstanding shares is $25,000

Now put these values to the above formula  

So, the value would equal to

=  ($200,000 - $16,000) ÷ (25,000 shares)

= $184,000 ÷ 25,000 shares

= $7.36 per share

3 0
3 years ago
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