As a New Manager for Sears, Peter Is Unwilling to Delegate

question 81

Multiple Choice

As a new manager for Sears, Peter is unwilling to delegate work. He realizes that, although he can delegate assignments to others, he cannot delegate his

• A)power to carry them out.
• B)authority.
• C)obligation to see that tasks are completed.
• D)responsibility to carry out assignments.
• E)function to complete tasks.

---

Definitions:

Market Value

The present cost that an asset or service is being traded for in the market.

Book Value

The value of an asset as it appears on the balance sheet, calculated by subtracting any depreciation or amortization from its original cost.

Note Payable

A written promise to pay a specific amount of money, often bearing interest, at a future date.

Market Value

The amount for which something can be sold in a given market at a particular time.