According to Peter Drucker, One of the Keys to Delegation

question 46

True/False

According to Peter Drucker, one of the keys to delegation is that managers (the delegators) must follow-up as they are still accountable for performance.

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Definitions:

Interviews

A formal conversation between two or more people, where questions are asked by the interviewer to obtain information from the interviewee.

Marginal Cost

The cost of producing one additional unit of a good or service, computed by dividing the change in total cost by the change in quantity produced.

Moral Hazard

The risk that one party to a contract can change their behavior to the detriment of the other party once the contract has been concluded.

Automobile Driving

The operation and control of a car, including the mastery of various techniques and understanding of road rules for safe transportation.