Mintzberg Outlined Three Categories of Managerial Roles

question 29

Multiple Choice

Mintzberg outlined three categories of managerial roles:

• A)interpersonal,informational,and decisional.
• B)control,leadership,oversight.
• C)operational,management,and executive.
• D)cultural,organizational,and technical.
• E)middle management,senior management,executive.

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Definitions:

Minimizing Cash Holdings

A financial strategy focused on reducing the amount of cash a company or individual keeps on hand, often to boost efficiency or investment returns.

Relaxed Working Capital Policies

Financial strategies that involve maintaining higher levels of current assets than necessary or reducing short-term liabilities, aiming for greater flexibility and lower risk of liquidity problems.

Short-term Loans

Borrowed funds that require repayment within a shorter timeframe, typically less than one year.

Long-term Loans

Financial obligations that are due for repayment over a period longer than one year.