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In Order to Determine the Appropriate Number of Subordinates a Supervisor

question 4

Multiple Choice

In order to determine the appropriate number of subordinates a supervisor should be responsible for at any given time, the authors presented a list of functions in which the span of control is dependent on. Which of the following was included in the list?


Definitions:

Business Partnership

A legal form of business operation between two or more individuals who share management and profits.

Discount Rate

The interest rate charged to commercial banks and other depository institutions for loans received from the central bank.

Rate of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.

Bond Yield

The return an investor realizes on a bond, calculated as the annual interest payment divided by the bond's current market price.

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