Examlex
Which of the following factors help determine a manager's span of control?
Home Office
Home office pertains to a space designated in a person's residence for official business purposes, often used for tax deduction considerations.
Low Overhead
Describes a business model or operation where the fixed costs required to run the business, such as rent, utilities, and administrative expenses, are minimal, leading to higher profit margins.
Cash
Money in the form of coins and banknotes, which is considered liquid assets that can be used to settle debts, purchase goods, or services immediately.
Leasing
The practice of renting out property, such as vehicles or real estate, under a contract where the lessee agrees to make regular payments for a set period.
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