Which of the Following Is an Advantage of a Line

question 245

Multiple Choice

Which of the following is an advantage of a line organization in a large business?

• A) It does not require specialists to advise people along the line.
• B) Responsibility and authority are clearly defined.
• C) Each worker has several supervisors.
• D) It is very flexible.

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Definitions:

Cost of Capital

The rate of return that a business must earn on its investment projects to maintain its market value and attract funds.

Net Present Value

A calculation used to determine the present value of an investment's profit by discounting future cash flows back to their present value.

Retail Outlet

A retail outlet is a physical location where goods and services are sold directly to consumers, encompassing a wide range of formats and sizes, from small stores to large department stores.

Expansion Projects

Initiatives undertaken by a business to increase its capacity, services, or products, often requiring significant investment.