The Number of Workers Who Report Directly to One Manager

question 178

Multiple Choice

The number of workers who report directly to one manager is called

• A) authority.
• B) accountability.
• C) responsibility.
• D) the span of management.
• E) centralization.

Understand key concepts and types of problem solving strategies.

Recognize and apply different problem-solving and decision-making models.

Identify biases and heuristics in decision making.

Understand the role of creativity and insight in problem solving.

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Definitions:

Comparative Advantage

The ability of an individual or group to carry out a particular economic activity more efficiently than another activity, compared to another individual or group.

Constant Costs

Expenses that remain unchanged over a certain range of output or scale of operation.

Cost Ratios

Metrics or measures that compare costs to each other or to some base value to assess financial efficiency or performance.

Domestic Price

The price of goods or services within a country's borders, as opposed to their price in international markets.