Match the Options Below with the Correct Phrases

question 28

Multiple Choice

Match the options below with the correct phrases:
-decentralization

• A)a manager's ability to exert influence
• B)the official organizational structure
• C)the establishment of one authority figure for each task
• D)the department with authority to help, assist, guide, and serve
• E)George Washington's reply, "I can not tell a lie, I did chop down the cherry tree."
• F)the department associated with the core of work
• G)Tom reports to Mary, Mary reports to John, John reports...
• H)first-line supervisors making important organizational decisions
• I)a total of seven subordinates report to the department chairperson
• J)various departments dispersed throughout the city, state, or nation

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Definitions:

Opportunity Cost

The charge of letting go of the subsequent best choice when deliberating on options.

Tuition

The fee for instruction, especially at a formal institution of learning.

Work Hours

The amount of time an individual spends performing tasks or duties for an employer during a given period.

Marginal Cost

The cost to produce one additional unit of a product or service.