Line Positions Refer to

question 199

Multiple Choice

Line positions refer to

• A)managers who have the authority and responsibility to issue orders to people who report to them.
• B)people who have the authority and responsibility to advise people in staff positions but cannot issue direct orders to them.
• C)the senior executives responsible for a firm's marketing strategies and activities.
• D)members of the board of directors who are responsible for implementing the firm's marketing strategies and tactics.
• E)middle management with the responsibility of assuring that tasks are completed on time but who do not actually have the authority to issue orders.

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Definitions:

Tax Revenues

The income that is gained by governments through taxation, a primary source of public finance.

Transfer Payments

Payments made by the government to individuals without any expectation of a direct return, such as welfare, social security, and unemployment benefits.

Automatic Stabilizers

Economic policies and programs, such as unemployment benefits and progressive taxation, that automatically help stabilize an economy by increasing spending in a downturn and reducing spending in an upswing without additional government action.

Private Spending

Private Spending is the total expenditures by individuals and businesses in an economy, excluding government spending and investment.