Which of the Following Factors Has an Effect on the Size

question 38

Multiple Choice

Which of the following factors has an effect on the size of a manager's span of control?

• A)age of the subordinates
• B)multiculturalism of the subordinates
• C)competence of other supervisors
• D)size of managerial hierarchy
• E)ability of the manager to delegate responsibility

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Definitions:

Single-Year Statements

Financial statements or reports that cover a one-year period or fiscal year, providing a snapshot of a company's financial activity and position.

Price/Earnings

Also known as the P/E ratio, this measures a company's current share price relative to its per-share earnings.

Profit Margin

A financial metric expressing the percentage of income that remains as profit after all expenses, including taxes, are subtracted from total revenues.

Acid-Test

A financial metric that assesses a company's ability to pay its current liabilities with its quick assets (cash, marketable securities, and receivables).