The Concept That an Individual Should Have Only One Boss

question 48

Multiple Choice

The concept that an individual should have only one boss is called ______.

• A)division of work
• B)chain of command
• C)unity of direction
• D)unity of command

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Definitions:

Business Portfolio

The collection of businesses, investments, products, or services that a company owns or operates, strategically managed to achieve optimal performance.

Competitive Advantages

Attributes that allow an organization to outperform its competitors, including product quality, brand, cost structure, and customer loyalty.

Cost Leadership

A strategic approach where a company positions itself as the provider of the lowest cost products or services in its industry.

Marketing Strategy

A marketing strategy is a business's overall game plan for reaching prospective consumers and turning them into customers of their products or services.