After Responsibility for a Task Is Assigned,which of the Following

question 65

Multiple Choice

After responsibility for a task is assigned,which of the following comes next to ensure the successful completion of the task?

• A) The centralization of the task is identified.
• B) The liability of the task is determined.
• C) The span of control is decided.
• D) The work team is created.
• E) Authority is granted.

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Definitions:

Profit

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes.

Wheat Futures

Futures contracts that specify the price at which wheat can be sold or bought on a future date, used by farmers and traders for hedging and speculating.

Risk Exposure

The quantified potential for loss in an investment or portfolio, often due to market volatility, credit risk, or operational failures.

Short

A trading strategy that involves selling a security that one does not own, with the intention to buy it back at a lower price.