Even Though He Is Nonmanagerial Employee, Jason Is Responsible for Making

question 68

Multiple Choice

Even though he is nonmanagerial employee, Jason is responsible for making important decisions about using organizational resources.When he is struggling to make a decision, Jason goes to a manager for advice.This is an example of

• A)decentralizing authority.
• B)centralizing authority.
• C)minimum chain of command.
• D)span of control.
• E)dual command.

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Definitions:

Consideration

The value, typically expressed in monetary terms, given in exchange for goods, services, or for entering into a contract.

Control

The power to direct the financial and operating policies of an entity with a view to gaining economic benefits from its activities.

Unconditional Contract

An agreement whose execution does not depend on fulfilling any conditions; it is binding upon the parties as soon as it is signed.

Physical Substance

The tangible, material aspect of an asset, referring to its physical existence and properties.