Unity of Command Is the Management Principle That Recommends That

question 83

Multiple Choice

Unity of command is the management principle that recommends that ________.

• A)all managers share the same goals
• B)all employees should accept their formal leader or leaders
• C)an individual have only one boss
• D)organizational plans be consistent with organizational goals
• E)the organizing system be consistent with organizational plans

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Definitions:

Payback

The period of time required to recoup the funds expended in an investment, or how long it takes for an investment to reach a breakeven point.

Annual Cash Flows

The total cash that is generated and used by a business in one fiscal year.

Required Rate

This is often referred to as the minimum acceptable return on an investment, set by investors or managers.

Payback

The amount of time it takes for an investment to generate an amount of income or cash flow to recover its initial cost.