A Benefit of Delegating Is That

question 19

Multiple Choice

A benefit of delegating is that

• A) it allows an organization to centralize authority.
• B) it allows supervisors to give up their responsibilities.
• C) it reduces the work load of nonmanagement employees.
• D) it is an important tool for time management.

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Definitions:

Gross Investment

The total amount invested in the creation of new capital assets like buildings and machinery before accounting for depreciation.

Disposable Income

is the amount of money that households have available for spending and saving after income taxes have been accounted for.

Capital Stock

The total amount of physical goods and financial assets that are used in the production of goods and services in an economy.

Depreciation

The measure of the reduction in value of an asset over time, often due to wear and tear.