To Be Effective in Delegating Tasks

question 30

Multiple Choice

To be effective in delegating tasks,

• A) delegate to someone who has never done the task before
• B) give limited directions or guidelines so that the person can figure it out on their own
• C) give the person authority to complete the task
• D) share the credit with the person to whom you delegate the task

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Definitions:

R&D

Research and Development, a business or government activity that focuses on the development of new products or the improvement of existing products.

Firm Sales

Firm sales refer to the total amount of revenue that a company generates from the sale of its goods or services within a specific time frame.

Oligopolists

Firms in a market structure dominated by a small number of large companies, having significant control over their industry's prices and policies.

Pure Monopolists

Firms that are the sole providers of a product or service in a market, facing no competition.