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_____ Means That Each Employee Is Held Accountable to Only

question 125

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_____ means that each employee is held accountable to only one supervisor.


Definitions:

Deregulation

The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry.

Regulatory Capture

A situation where regulatory agencies are dominated by the industries or interests they are charged with regulating, often leading to decision-making that benefits the industry at the expense of the public interest.

Regulatory Agency

An agency, commission, or board established by the federal government or a state government to control the prices charged and the services offered by a natural monopoly or public utility.

Rivalry

The characteristic displayed by certain goods and services that consumption by one person precludes consumption by others.

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