Match the Term with Its Definition

question 67

Multiple Choice

Match the term with its definition.
-The number of employees who are supervised by one manager

• A)budget
• B)chain of command
• C)delegation of authority
• D)empowerment
• E)line-and-staff organization
• F)line organization
• G)long-range plan (strategic plan)
• H)negotiation
• I)networking
• J)professional manager
• K)Service Corps of Retired Executives (SCORE)
• L)short-range plan
• M)Small Business Development Centers (SBDCs)
• N)span of control

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Definitions:

Francs

A currency that was previously used in countries like France, Switzerland, Belgium, and Luxembourg, with some forms still in use today in a limited capacity.

Consumption

The use of goods and services by households or the economy, often seen as a primary indicator of economic health.

Revealed Preferences

A concept in economics that studies consumer behavior based on the choices they make, revealing their preferences.

Francs

A former currency of France, which was replaced by the Euro.