One of the Advantages of a Wide Span of Control

question 170

Multiple Choice

One of the advantages of a wide span of control is:

• A)a high degree of control
• B)a lack of synchronization
• C)an absence of managerial support
• D)close supervision of employees
• E)greater organizational flexibility

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Definitions:

Behavioral Economics

An area within economics that examines the impact of psychological, cognitive, emotional, cultural, and social influences on the economic choices made by individuals and organizations.

Advertising Campaigns

Coordinated series of promotional efforts that aim to achieve specific objectives, such as increasing brand awareness or sales, over a set time period.

Neoclassical Economics

An economic theory that focuses on how the perception of utility and costs, along with the distribution of resources, determine price and production in a competitive market.

Behavioral Economics

A field of study that examines how psychological, cognitive, emotional, cultural, and social factors affect economic decisions and the consequences of those decisions.