Question

The inherent right in a managerial position to give orders and expect the orders to be obeyed is termed authority. Indicate whether the statement is true or false.

Answer 1

Answer:

false

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Answer 2

Explanation:

An economy is a system whereby goods are produced and exchanged. Without a viable economy, a state will collapse. There are three main types of economies: free market, command, and mixed. The chart below compares free-market and command economies; mixed economies are a combination of the two.