Which of the Following States That an Employee Should Have

question 61

Multiple Choice

Which of the following states that an employee should have one,and only one,immediate manager?

• A) The exception principle
• B) The parity principle
• C) The scalar principle
• D) The unity of command principle
• E) The tapered concept of authority

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Definitions:

Economy Strategy

An approach aiming for cost efficiency and minimized spending within a business or economic system.

Price Wars

A competitive strategy involving companies lowering prices to undercut competitors, often leading to a situation where prices continue to drop.

Profitability

A measure of the efficiency and financial performance of a company, often assessed by the ratio of its profits to its revenues.

Generic Strategy

A fundamental strategy a company can adopt to achieve a competitive advantage, typically categorized as cost leadership, differentiation, or focus.