Match the Options Below with the Correct Phrase

question 5

Multiple Choice

Match the options below with the correct phrase:
-line authority

• A)direct authority between managers and subordinates
• B)an obligation to accomplish assigned tasks
• C)a graphic illustration of the formal positions and functional work areas of the company
• D)the authority to serve in an advisory capacity
• E)the degree to which group members bond together
• F)the formal right to make decisions
• G)the produce or meat department in a grocery store
• H)the marketing, shipping & receiving, and accounting departments
• I)granting decision-making authority to subordinates
• J)the spontaneous and natural network of relationships in an organization

---

Definitions:

Hormel

An American company known for its food products, particularly meats.

Trade Discount

A reduction in the listed price of a product or service offered by a seller to a buyer in the same trade.

Suggested Retail Price

The price that manufacturers recommend retailers to sell their products for to consumers, often seen as MSRP (Manufacturer's Suggested Retail Price).

Cash Discounts

A reduction in the price of goods or services offered to buyers as an incentive for early payment or payment in cash.