A Powerful Manager Does Not Delegate Decision Authority to Subordinates

question 138

True/False

A powerful manager does not delegate decision authority to subordinates.

---

Definitions:

Board of Directors

A body of people chosen by stockholders to supervise and make significant decisions regarding the corporation's management.

Corporate Management

The executives and senior officials responsible for leading and managing a corporation, including its strategies, operations, and policies.

Day-To-Day Business

Refers to the regular, routine operations and activities carried out by a business or organization to maintain its function.

Responsible Person Doctrine

A legal principle that holds an individual in a business or enterprise accountable for ensuring compliance with tax laws and regulations.