Factors Affecting the Span of Management Include All of the Following

question 24

Multiple Choice

Factors affecting the span of management include all of the following EXCEPT:

• A)organizational policies.
• B)nature of the work being completed.
• C)authority of the manager.
• D)competency of workers.

Recognize the role of psychosexual stages in shaping adult personality and behavior.

Illustrate how psychoanalysis interprets psychological disorders as psychogenic.

Understand the concept of fixed and variable costs in business operations.

Calculate and understand the impact of economic profits and losses on business decisions.

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Definitions:

Quiet Possession

A condition that the seller, or anyone claiming through the seller, will not interfere with the buyer’s use and enjoyment of the property.

Merchantable Quality

A condition implying that the goods are of a quality suitable for sale to a customer under the sale of goods legislation.

Inherent Defect

A flaw or imperfection in a product that exists due to its nature or design, not because of external factors.

Seller's Lien

A legal right or interest that a seller holds in the sold goods until the full purchase price is paid by the buyer, often used as a form of security.