One of the Advantages of a Narrow Span of Control

question 79

Multiple Choice

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

• A)more levels of management
• B)a high degree of control
• C)greater organizational flexibility
• D)increased employee autonomy
• E)top management isolation

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Definitions:

Stock Prices

The current market value of a company’s shares, fluctuating based on supply and demand, news, and investors' perceptions.

Volatile

Describing an asset or market with frequent, significant price changes over a short period.

Kondratieff

A theory proposing that Western capitalist economies have long-term (50 to 60 years) cycles of boom and bust, named after Russian economist Nikolai Kondratiev.

Macro Economy

Refers to the study of the overall aspects and workings of an economy, including inflation, unemployment, and economic growth.