If a manager who does not own the company is allowed to make decisions for the company, then: the decisions will usually be good ones the decisions will always be bad ones a control system of rewards and evaluation must be set up.

If a manager who does not own the company is allowed to make decisions for the company, then:
the decisions will usually be good ones
the decisions will always be bad ones
a control system of rewards and evaluation must be set up
the manager usually assumes the same attitude as the owner

Competitive markets usually promote the efficient use of resources. This is because:
resource owners bear the wealth effects of their decisions
managers alwasys have the proper incentives to make decisions
consumers usually provide the lists of corporate mistakes
markets usually make equitable choices first

Firms grant decision rights to teams of employees for all the following reasons excepts to:
manage activities
make products
make basic investment decisions
recommend actions

Jobs have at least two important dimenisions:
tasks and uncertainty
tasks and decision authority
uncertainty and decision control
decision authority and decision control

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