Which of the Following Is True Regarding Line and Staff

question 15

Multiple Choice

Which of the following is true regarding line and staff positions?

• A)Staff personnel occupy formal decision-making positions within the chain of command.
• B)Line personnel are responsible for supplying background research to the staff personnel.
• C)On an organizational chart, generally, line positions are connected by dotted lines.
• D)On an organizational chart, generally, staff positions are indicated by solid lines.
• E)The president and executive directors of a company are examples of line managers.

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Definitions:

Dutch Auction

An auction in which the auctioneer starts with a high asking price which is lowered until some participant is willing to accept the auctioneer's price.

Winning Bidder

The individual or entity that offers the highest price in a bidding process, such as auctions or competitive tenders.

Seasoned Equity Offering (SEO)

A new equity issue of securities by a company that has previously issued securities to the public.

Underpriced

A term used when a stock or other security is selling for a price that is lower than its apparent or intrinsic value.