The Principle That Each Employee Should Report to Only One

question 46

Multiple Choice

The principle that each employee should report to only one manager is called __________.

• A) authorized line of responsibility
• B) unity of command
• C) responsibility factor
• D) chain of command
• E) span of control

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Definitions:

Capital Investment

Funds invested in a firm or enterprise for the purposes of furthering its business objectives, including the purchase of physical equipments, property, or technology.

Solar Panels

Devices that convert sunlight into electricity, used as a renewable energy source to power buildings, homes, and more.

Risk Premium

A risk premium is the added return an investor needs to compensate for the risks of future payments.

Future Payments

Obligations or amounts of money that are required to be paid at a future date, often relating to loans, financing arrangements, or deferred payment agreements.