Orders related to the organizations primary purpose

Assignment Help Business Economics
Reference no: EM131244557

Line authority is a basic type of authority to carry out tasks and give orders related to the organization's primary purpose. Staff authority is the right to advise or assist those with line authority. Functional authority if the right given by higher management to specific staff personnel to give orders concerning an area in which the staff personnel have expertise. There are four principles that are useful for supervisors who may be unsure how to group activities and assign duties. The four principles are: parity principle, unity of command, chain of command, and span of control. In 1-2 pages explain each principle and provide one example of how each principle can be applied to the workplace.

Reference no: EM131244557

Questions Cloud

Deadweight loss-the supply of lettuce in the short run : The supply of lettuce in the short run will be? ________ than the supply in the long run and? ________ than the supply today. Deadweight loss is
How much is the dollar overvalued and undervalued : You are given the following information. The current dollar-pound exchange rate is $2 per pound. A U.S basket that costs $100 would cost $120 in the United Kingdom. What is the expected U.S minus U.K. inflation differential for the coming year? What ..
Determining the market structure of particular industry : How does having a menu that is uniform around the country provide McDonald’s with economies of scale? Why is menu planning made more complex by expanding into other countries? Define “market structure.” What factors are considered in determining the ..
Calculate how much domestic consumer gain or lose from quota : The country’s government now decides to t impose a quota that limits sugar imports to 240 million pounds per year. With the import quota in effect, the domestic price rises to $0.12 per pound, and domestic production increases to 160 million pounds p..
Orders related to the organizations primary purpose : Line authority is a basic type of authority to carry out tasks and give orders related to the organization's primary purpose. Staff authority is the right to advise or assist those with line authority. Functional authority if the right given by highe..
Minimize the sum of absolute values of errors : Suppose that you have to fit with an OLS regression the following four points on the X-Y plane: (0; 0), (0; 1), (1; 0) and (1; 1). You would do that by minimizing a sum of squared errors. What would be the values of ^ and B1 and B0? Suppose now that ..
How the groups labor force participation rate is affected : For each group identified in bold type below, use the labor-leisure choice model to illustrate graphically and then explain the change in the quantity of leisure desired. Be sure to explain how the group’s labor force participation rate is affected. ..
Treat the country listed as the home country : Treat the country listed as the home country, and treat the United States as the foreign country. Suppose the cost of the market basket in the United States is P(US)=$190. Check to see whether PPP holds for each of the countries listed, and determine..
Construct a single income-leisure choice graph : Steve Slacker is age 25, has an MBA degree, but is not working. Instead he is living at a major ski area, using the $2,000 per week he gets from his wealthy family. Construct a single income-leisure choice graph to show Steve’s situation before and a..

Reviews

Write a Review

Business Economics Questions & Answers

  Trade-offs and opportunity costs

View "Trade-Offs and Opportunity Costs," located on the YouTube website. Share an example of your own experience in which you had to decide on an opportunity cost that would affect you. What outcome did the decision have on your economic situation?

  What is the most profitable pricing strategy

Suppose your marketing department does a survey of potential users and finds that these users place the following values on the two versions of your software: If the numbers of home and commercial users are equal, and you cannot distinguish between c..

  Whistleblower statute-the false claims act

The False Claims Act, also known as the Whistleblower Statute, allows private parties to sue companies for fraud on behalf of the government. The whistleblower can be awarded up to 25 percent of the amount recovered on behalf of the federal governmen..

  Determine number of lamps this firm would produce in order

indicate for each price whether the firm will produce, shut down, or be indifferent between the two in the short run, and whether it will make a profit, suffer a loss, or break even.

  Difference between coupon bond and zero interest bond

Corporate bonds are often purchased as a conservative investment strategy. What is the difference between a Coupon Bond and a Zero Interest bond? Identify at least three (3) possible effects of an increase in the money supply on interest rates

  What dowe know about the proportion of peanut butter to jam

Draw the Edgeworth box of this situation and draw the contract curve. What dowe know about the proportion of peanut butter to jam held by Adam in any equilibrium?

  Excise taxes are more effective at raising tax revenues

Explain why excise taxes are more effective at raising tax revenues when applied to products with price inelastic demand versus ones with price elastic demand. Under what conditions would it be possible for tax revenues to decline with higher excise ..

  What is maximizing volume of box

Consider a box with width W, length L, and height H. Suppose you have to construct a box with the following constraint: W+L+H equal or less than 30. Suppose W has to be 12. What is maximizing volume of box? What should L and H be?

  Some significant changes in the global economy

Globalization and technology developments have led to some significant changes in the global economy. Discuss the importance of such changes to the United States. What is the impact upon supply chains? Optional: Use your own company as an example

  Federal reserve uses expansionary monetary policy

If the Federal Reserve uses expansionary monetary policy, then:

  Copy of complaint by serving texas securities commissioner

Narria Investments Ltd. filed a suit in a Texas State Court against several defendants, including Harveston Securities Inc., a securities dealer. Harvestons is registered with the state of Texas and thus may be served with a summons and a copy of a c..

  Calculate the mc of producing an additional cycle

Firm A makes and sells motor cycles. The total cost of each cycle is the sum of the costs of frames, assembly and engine. The firm produces its own engines according to the cost equation. Calculate the MC of producing an additional engine. Calculate ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd