The Delegation of Power and Authority to Subordinates Is Referred

question 129

Multiple Choice

The delegation of power and authority to subordinates is referred to as:

• A) need for power.
• B) need for achievement.
• C) empowerment.
• D) passing the buck.
• E) need of affiliation.

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Definitions:

Corporate Strategy

The overall scope and direction of a corporation and the way in which its various business operations work together to achieve particular goals.

Investor Relations Professionals

Specialists who manage communication between a company's corporate management and its investors, aiming to provide a true representation of the company's financial health and prospects.

Common Stock

A type of equity security that represents ownership in a corporation, with holders often having voting rights on corporate matters.

Investor Relations

The management of communication and relationship between a company and its investors, aiming to provide current and potential investors with an accurate account of company affairs.