Some of the Outcomes of Successful Delegation Are (1)high Morale

question 13

Multiple Choice

Some of the outcomes of successful delegation are (1) high morale and motivation, (2) stronger interpersonal relationships,and (3) more discretionary time for managers.Which statements are correct?

• A)All three statements are correct.
• B)Only statements 1 and 2 are correct.
• C)Only statements 1 and 3 are correct.
• D)Only statements 2 and 3 are correct.
• E)None of the statements are correct.

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Definitions:

Marginal Opportunity Cost

By deciding on one route, one foregoes the possible advantages that other routes could have offered.

Long-run Equilibrium

The state in which, over time, supply and demand are balanced, and all adjustments to economic conditions have been made, resulting in stable prices and outputs.

Marginal Cost

The hike in expense for producing another unit of a product or service.