The Span of Control for a Manager

question 282

Multiple Choice

The span of control for a manager

• A) should never exceed 7 subordinates.
• B) is no longer a relevant issue in today's computerized offices.
• C) depends on a number of factors, and can vary from one manager to another.
• D) varies somewhat from manager to manager, but most managers operate best with a span of control of about 9 employees.

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Definitions:

Expiration

The point in time when a financial contract (e.g., option, futures contract) reaches its end date and is either executed or becomes void.

Dividend

Shareholders receive a payment from a corporation, commonly as a share of the company's profits.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed on an annual basis.

Put Option

A financial contract giving the option buyer the right, but not the obligation, to sell a specified quantity of an asset at a set price (the strike price) within a specified time.