Unit 1 mixup

The number of staff reporting directly to each manager

• Span of Control

• Chain of Command

What is a form of business ownership in which 2 or more people jointly owns a business

• Sole Proprietorship

• Company

• Partnerships

A partnership as a business is

• not a separate legal entity

• a separate entity

• similar to a company

Which of the following is an advantage of a partnership?

• Unlimited liability

• Arguments

• Shared responsibility

What is the name of a person who owns part of a business?

• Stakeholder

• Shareholder

• Trust Agent

• Chairman

The owners share the risks and the profits

• Proprietorship

• Partnership

• Corporation

• None of the above

Which of the following is an advantage to a business of delayering its organisational structure?

• The duties of employees may be reduced

• Spans of control will become narrower

• Promotional opportunities will improve

• Staff costs will be reduced in the long term

The passing of authority from one level to another is called:

• Delegation

• Responsibility

• Chain of Command

• Span of Control

Which of the following best describes the term chain of command?

• Lines of authority in an organisation along which communication flows

• Passing authority to others

• A subordinate giving feedback to a superior

• The number of employees that directly report into a line manager

In which type of organisational structure would communication from the top of the organisation to the bottom layer of the organisation be the fastest?

• Tall

• Flat

• Hierarchical

• Regional