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Question
Which of the following statements are true about Authority'?
Options
Authority can be official authority or personal authority.
Authority can be formal or informal.
Authority should be commensurate with responsibility.
All of the above.
MCQ
Solution
All of the above.
Explanation -
Managers need authority that is proportional to their responsibilities. It's important to strike a balance between authority and accountability. A company should put in place protections to prevent managers from abusing their positions of authority. A manager should also have the necessary power to carry out his responsibilities.
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Importance of Delegation of Authority
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