Which of the Following Is an Advantage of Delegation

question 40

Multiple Choice

Which of the following is an advantage of delegation?

• A)It helps subordinates develop new skills.
• B)It absolves the delegating manager of responsibility.
• C)It reduces accountability for the job.
• D)It formalizes power in the company.
• E)It reduces the subordinate's workload.

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Definitions:

Economic Rents

Earnings in excess of the minimum amount required to keep a factor of production in its current use.

Aggregate

A total or combined amount, level, or sum of different components, often used in economics to describe collective economic indicators.

Equilibrium

A state in a market where supply equals demand, and there are no external forces prompting change.

Farmland

Land used for farming and agricultural production.