Gordon Is a New Divisional Manager at AskSocrates

question 103

Multiple Choice

Gordon is a new divisional manager at AskSocrates.com. In reorganizing his division, he must make some decisions regarding the span of control for management within his division.
-The question of span of control determines ________.

• A) the employee grievance policy of the organization
• B) the number of levels and managers in an organization
• C) where decisions are made
• D) how jobs will be grouped
• E) how employees will be compensated

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Definitions:

Foreign Corrupt Practices Act

A United States law that prohibits U.S. companies and their employees from bribing foreign officials for business purposes.

Bribe

A sum of money or other valuable consideration given or promised with a view to corrupt the behavior of a person, typically to influence official actions or decisions.

Bretton Woods Agreement

A series of agreements made in 1944 that established the rules for commercial and financial relations among major world economies, leading to the creation of the International Monetary Fund and the World Bank.

International Monetary Fund

An international organization that aims to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.