Authority – NBC Institute

BMF – MAY 2015 – L1 – SA – Q19 – Management, Individual, and Organisational Behaviour

Identifying the leadership style based on authority and control over rewards.

Question

A leadership style in which the leader has the authority to withhold or give reward and punishment is referred to as ………………. style.

A. Democratic leadership
B. Participative leadership
C. Contingency leadership
D. Autocratic leadership
E. Laissez faire leadership

Answer

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Tags: Authority, Leadership Style, Management Theory, Rewards and punishments
Level: Level 1

Topic: Management, Individual, and Organizational Behavior
Series: MAY 2015

BL – May 2014 – L1 – SA – Q7 – Agency Law

Identifying the type of agent with implied authority to sell goods in their possession.

Question

An agent in whose possession goods are put with an implied authority to sell them is a ____________.

Answer

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Tags: Agents, Authority, Possession
Level: Level 1

Topic: Agency Law
Series: MAY 2014

BL – Nov 2013 – L1 – SA – Q7 – Agency Law

Identifies the term for an agent's authority stated in writing.

Question

The authority of an agent stated in writing is known as _____________________.

Answer

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Tags: Agency Law, Authority, Short Answer, Written Agreement
Level: Level 1

Topic: Agency Law
Series: NOV 2013

BMF – Nov 2021 – L1 – SA – Q1 – The Role of Professional Accountants in Business and Society

Question on the concept of authority and its application in an organization.

Question

A situation where an individual gives orders or guidance to others in an organization and expects the orders to be obeyed or the guidance to be followed is known as:

A. Delegation
B. Power
C. Militancy
D. Authority
E. Coercion

Answer

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Tags: Authority, Leadership, Organizational Management
Level: Level 1

Topic: The Role of Professional Accountants in Business and Society
Series: NOV 2021

BL – Nov 2022 – L1 – SA – Q12 – Agency Law

Identifying the authority inferred from the acts of both the principal and agent.

Question

The authority which is inferred or observed from the acts of both the principal and agent is referred to as:

A. Unauthorized authority
B. Implied authority
C. Ultimate authority
D. Expressed authority
E. Original authority

Answer

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Tags: Agency Law, Authority, Implied Authority

Topic: Agency Law
Series: NOV 2022

BL – May 2017 – L1 – SA – Q12 – Agency Law

Definition of ratification in the context of agency law.

Question

In the law of agency, ratification is equal to
A. Ex post facto authority
B. Posterior authority
C. Antecedent authority
D. Exterior authority
E. Conveyed authority

Answer

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Tags: Agency Law, Authority, Contract Law, Ratification
Level: Level 1

Topic: Agency Law
Series: MAY 2017

BCL – May 2021 – L1 – Q2b – Agency

Explanation of ratification in agency and the concept of agency of necessity.

Question

Adzoe acting for and on behalf of Maclean, was authorized to purchase corn worth Two Thousand Ghana Cedis (GH¢2,000) for Makafui. Adzoe bought the corn in Makafui’s name at Two Thousand Five Hundred Ghana Cedis (GH¢2,500), which was clearly beyond his authority. Maclean was to ratify. Makafui then failed to take delivery of the corn.

Required:
i) Explain whether Maclean would be justified in ratifying the transaction entered by Adzoe and Makafui. (6 marks)

ii) Explain the concept of “Agency of necessity”. (4 marks)

Answer

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Tags: Agency, Agency of Necessity, Authority, Ratification
Level: Level 1

Topic: Agency Law
Series: MAY 2021

BMIS – Jul 2023 – L1 – Q3a – Management and leadership

Explains the concept of leadership and identifies four sources of a leader’s power.

Question

Leadership is undoubtedly an essential complement of position authority. This means that no matter the amount of authority a person wields by reason of the position he holds in an organization, if he does not possess and demonstrate effective leadership qualities, he is bound to fail in the management of subordinates.

Required:
i) In reference to the above statement, explain leadership.
(2 marks)

ii) Explain FOUR (4) sources of a leader’s power.
(8 marks)

Answer

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Tags: Authority, Leadership, Organizational Behavior, Power
Level: Level 1

Topic: Management and leadership
Series: JULY 2023

BMIS – Nov 2017 – L1 – Q3b – Management and leadership

Explain the concepts of leadership, power, and authority in a business context.

Question

b) Explain the following:
i) Leadership
ii) Power
iii) Authority
(8 marks)

Answer

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Tags: Authority, Leadership, Management Concepts, Organizational Behavior, Power
Level: Level 1

Topic: Management and leadership
Series: NOV 2017

BMIS – Mar 2023 – L1 – Q3 – Management and leadership

Differentiates between management and leadership, power and authority, and explains the basic functions of management.

Question

Since being employed by Barry Ltd as Executive Assistant to the Chief Executive Officer about three months ago, you have always heard employees, including some middle-level Managers, use ‘Management’ and ‘Leadership’ interchangeably, which you think is not right.

A staff durbar is scheduled to take place in the next few days, and you have decided to use the platform to educate members of staff on the two concepts as a form of orientation.

Required:
a) Differentiate between ‘Management’ and ‘Leadership’.
(5 marks)
b) Distinguish between ‘Power’ and ‘Authority’.
(5 marks)
c) Explain FOUR (4) basic functions of Management.
(10 marks)

Answer

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Tags: Authority, Functions of Management, Leadership, Management, Power
Level: Level 1

Topic: Management and leadership
Series: MAR 2023

BMF – MAY 2015 – L1 – SA – Q19 – Management, Individual, and Organisational Behaviour

Identifying the leadership style based on authority and control over rewards.

Question

A leadership style in which the leader has the authority to withhold or give reward and punishment is referred to as ………………. style.

A. Democratic leadership
B. Participative leadership
C. Contingency leadership
D. Autocratic leadership
E. Laissez faire leadership

Answer

Find Related Questions by Tags, levels, etc.

Tags: Authority, Leadership Style, Management Theory, Rewards and punishments
Level: Level 1

Topic: Management, Individual, and Organizational Behavior
Series: MAY 2015

BL – May 2014 – L1 – SA – Q7 – Agency Law

Identifying the type of agent with implied authority to sell goods in their possession.

Question

An agent in whose possession goods are put with an implied authority to sell them is a ____________.

Answer

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Tags: Agents, Authority, Possession
Level: Level 1

Topic: Agency Law
Series: MAY 2014

BL – Nov 2013 – L1 – SA – Q7 – Agency Law

Identifies the term for an agent's authority stated in writing.

Question

The authority of an agent stated in writing is known as _____________________.

Answer

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Tags: Agency Law, Authority, Short Answer, Written Agreement
Level: Level 1

Topic: Agency Law
Series: NOV 2013

BMF – Nov 2021 – L1 – SA – Q1 – The Role of Professional Accountants in Business and Society

Question on the concept of authority and its application in an organization.

Question

A situation where an individual gives orders or guidance to others in an organization and expects the orders to be obeyed or the guidance to be followed is known as:

A. Delegation
B. Power
C. Militancy
D. Authority
E. Coercion

Answer

Find Related Questions by Tags, levels, etc.

Tags: Authority, Leadership, Organizational Management
Level: Level 1

Topic: The Role of Professional Accountants in Business and Society
Series: NOV 2021

BL – Nov 2022 – L1 – SA – Q12 – Agency Law

Identifying the authority inferred from the acts of both the principal and agent.

Question

The authority which is inferred or observed from the acts of both the principal and agent is referred to as:

A. Unauthorized authority
B. Implied authority
C. Ultimate authority
D. Expressed authority
E. Original authority

Answer

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Tags: Agency Law, Authority, Implied Authority

Topic: Agency Law
Series: NOV 2022

BL – May 2017 – L1 – SA – Q12 – Agency Law

Definition of ratification in the context of agency law.

Question

In the law of agency, ratification is equal to
A. Ex post facto authority
B. Posterior authority
C. Antecedent authority
D. Exterior authority
E. Conveyed authority

Answer

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Tags: Agency Law, Authority, Contract Law, Ratification
Level: Level 1

Topic: Agency Law
Series: MAY 2017

BCL – May 2021 – L1 – Q2b – Agency

Explanation of ratification in agency and the concept of agency of necessity.

Question

Required:
i) Explain whether Maclean would be justified in ratifying the transaction entered by Adzoe and Makafui. (6 marks)

ii) Explain the concept of “Agency of necessity”. (4 marks)

Answer

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Tags: Agency, Agency of Necessity, Authority, Ratification
Level: Level 1

Topic: Agency Law
Series: MAY 2021

BMIS – Jul 2023 – L1 – Q3a – Management and leadership

Explains the concept of leadership and identifies four sources of a leader’s power.

Question

Required:
i) In reference to the above statement, explain leadership.
(2 marks)

ii) Explain FOUR (4) sources of a leader’s power.
(8 marks)

Answer

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Tags: Authority, Leadership, Organizational Behavior, Power
Level: Level 1

Topic: Management and leadership
Series: JULY 2023

BMIS – Nov 2017 – L1 – Q3b – Management and leadership

Explain the concepts of leadership, power, and authority in a business context.

Question

b) Explain the following:
i) Leadership
ii) Power
iii) Authority
(8 marks)

Answer

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Tags: Authority, Leadership, Management Concepts, Organizational Behavior, Power
Level: Level 1

Topic: Management and leadership
Series: NOV 2017

BMIS – Mar 2023 – L1 – Q3 – Management and leadership

Differentiates between management and leadership, power and authority, and explains the basic functions of management.

Question

A staff durbar is scheduled to take place in the next few days, and you have decided to use the platform to educate members of staff on the two concepts as a form of orientation.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Authority, Functions of Management, Leadership, Management, Power
Level: Level 1

Topic: Management and leadership
Series: MAR 2023

Question Tag: Authority

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BMF – MAY 2015 – L1 – SA – Q19 – Management, Individual, and Organisational Behaviour

Identifying the leadership style based on authority and control over rewards.

You're reporting an error for "BMF – MAY 2015 – L1 – SA – Q19 – Management, Individual, and Organisational Behaviour"

BL – May 2014 – L1 – SA – Q7 – Agency Law

Identifying the type of agent with implied authority to sell goods in their possession.

You're reporting an error for "BL – May 2014 – L1 – SA – Q7 – Agency Law"

BL – Nov 2013 – L1 – SA – Q7 – Agency Law

Identifies the term for an agent's authority stated in writing.

You're reporting an error for "BL – Nov 2013 – L1 – SA – Q7 – Agency Law"

BMF – Nov 2021 – L1 – SA – Q1 – The Role of Professional Accountants in Business and Society

Question on the concept of authority and its application in an organization.

You're reporting an error for "BMF – Nov 2021 – L1 – SA – Q1 – The Role of Professional Accountants in Business and Society"

BL – Nov 2022 – L1 – SA – Q12 – Agency Law

Identifying the authority inferred from the acts of both the principal and agent.

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BL – May 2017 – L1 – SA – Q12 – Agency Law

Definition of ratification in the context of agency law.

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BCL – May 2021 – L1 – Q2b – Agency

Explanation of ratification in agency and the concept of agency of necessity.

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BMIS – Jul 2023 – L1 – Q3a – Management and leadership

Explains the concept of leadership and identifies four sources of a leader’s power.

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BMIS – Nov 2017 – L1 – Q3b – Management and leadership

Explain the concepts of leadership, power, and authority in a business context.

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BMIS – Mar 2023 – L1 – Q3 – Management and leadership

Differentiates between management and leadership, power and authority, and explains the basic functions of management.

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BMF – MAY 2015 – L1 – SA – Q19 – Management, Individual, and Organisational Behaviour

Identifying the leadership style based on authority and control over rewards.

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BL – May 2014 – L1 – SA – Q7 – Agency Law

Identifying the type of agent with implied authority to sell goods in their possession.

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BL – Nov 2013 – L1 – SA – Q7 – Agency Law

Identifies the term for an agent's authority stated in writing.

You're reporting an error for "BL – Nov 2013 – L1 – SA – Q7 – Agency Law"

BMF – Nov 2021 – L1 – SA – Q1 – The Role of Professional Accountants in Business and Society

Question on the concept of authority and its application in an organization.

You're reporting an error for "BMF – Nov 2021 – L1 – SA – Q1 – The Role of Professional Accountants in Business and Society"

BL – Nov 2022 – L1 – SA – Q12 – Agency Law

Identifying the authority inferred from the acts of both the principal and agent.

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BL – May 2017 – L1 – SA – Q12 – Agency Law

Definition of ratification in the context of agency law.

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BCL – May 2021 – L1 – Q2b – Agency

Explanation of ratification in agency and the concept of agency of necessity.

You're reporting an error for "BCL – May 2021 – L1 – Q2b – Agency"

BMIS – Jul 2023 – L1 – Q3a – Management and leadership

Explains the concept of leadership and identifies four sources of a leader’s power.

You're reporting an error for "BMIS – Jul 2023 – L1 – Q3a – Management and leadership"

BMIS – Nov 2017 – L1 – Q3b – Management and leadership

Explain the concepts of leadership, power, and authority in a business context.

You're reporting an error for "BMIS – Nov 2017 – L1 – Q3b – Management and leadership"

BMIS – Mar 2023 – L1 – Q3 – Management and leadership

Differentiates between management and leadership, power and authority, and explains the basic functions of management.

You're reporting an error for "BMIS – Mar 2023 – L1 – Q3 – Management and leadership"

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