A Manager Who Neglects to Assign All Required Job Tasks

question 24

Multiple Choice

A manager who neglects to assign all required job tasks to their employees has created a ________ gap.

• A)accountability
• B)duty
• C)responsibility
• D)task
• E)authority

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Definitions:

Long Run

A time frame during which all production elements and expenses can change, enabling complete adjustment within the industry to any alterations.

Total Revenue

The total amount of money a firm receives from sales of its products or services, before any costs are subtracted.

Profit-Maximizing

The process or goal of a firm to adjust its production and pricing strategies to achieve the highest possible profit.

Number Of Perms

A mathematical term that refers to the number of ways in which a set or subset can be arranged or ordered.