I an Index Number Is a Percent That Measures the Change

question 53

Multiple Choice

i. An index number is a percent that measures the change in price, quantity, value, or some other item of interest from one time to another.
ii. An Italian, G.R. Carli, has been credited with originating Fisher's Ideal Index.
iii. Converting data to indexes makes it easier to compare the trend in a series composed of exceptionally large numbers.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

Recognize the purpose and structure of the chain of command in organizational configurations.

Identify the factors that influence the choice of spans of control within an organization.

Distinguish between line and staff units in organizational structures.

Understand the role of unity of command and hierarchy of authority in organizational structures.

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