________ Refers to the Rights Inherent to a Position That

question 123

Multiple Choice

________ refers to the rights inherent to a position that allows a manager to tell subordinates what to do and expect them to do it.

• A) Unity of command
• B) Chain of command
• C) Authority
• D) Responsibility

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Definitions:

International Transactions

Financial activities that occur between two or more countries, including trade, investments, and loans.

Rapid Approach

A method or technique aimed at achieving a particular goal or result quickly and efficiently.

Efficient Firms

Efficient firms are those that maximize outputs or outcomes while minimizing inputs or resources, effectively utilizing resources without waste.

Corruption

Dishonest or fraudulent conduct by those in power, typically involving bribery or the manipulation of authority for personal gain.