Ted, the Human Resources Manager, Is Reviewing a Batch of Resumes

question 24

Multiple Choice

Ted, the human resources manager, is reviewing a batch of resumes that are in response to a job advertisement in a local paper. After selecting six candidates, the resumes are sent to the sales manager for selection of the candidates to be interviewed. Ted has what kind of authority?

• A) Line authority
• B) Expert authority
• C) Staff authority
• D) Direct authority
• E) Command authority

---

Definitions:

Consumer Demand

The desire and ability of consumers to purchase goods and services at given prices within a specific time period.

Competitive Increasing-cost Industry

An industry in which the entry of new firms causes the prices of inputs to increase, affecting the cost of production for all firms.

Long-run Equilibrium

A state in which all factors of production and inputs can be varied, allowing for full adjustment by firms and the economy, and no excess demand or supply exists.

Decline in Demand

A decrease in the willingness and ability of consumers to buy goods and services at existing prices, which can lead to lower market prices.