________ Is the Expectation That Employees Will Perform a Job

question 102

Multiple Choice

________ is the expectation that employees will perform a job, take corrective action when necessary, and report upward on the status and quality of their performance.

• A) Unity-of-command
• B) Accountability
• C) Job specialization
• D) Mutual adjustment
• E) Span of control

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Definitions:

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Present Value

The current worth of a future sum of money or stream of cash flows, given a specified rate of return.

Cash Flows

The total amount of money being transferred into and out of a business, particularly in terms of operational, investment, and financing activities.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed as an annual percentage rate.