_____ Refers to a Clearly Defined Line of Authority in the Organization

question 52

Multiple Choice

_____ refers to a clearly defined line of authority in the organization that includes all employees.

• A) Scalar principle
• B) Unity of command
• C) Work specialization
• D) Division of labor
• E) Span of management

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Definitions:

Risk Free Rate

The estimated yield from an investment without any risk, frequently shown through the yield of government bonds.

Beta

An indicator of the fluctuation, or inherent risk, of a security or an investment portfolio relative to the overall market.

Shares Outstanding

The total number of a company’s shares that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares.

Debt-equity Ratio

The indicator showing the proportionality of equity and debt in the financial backing of a company’s assets.