How Has the Role of a Manager Changed Over Time

question 55

Multiple Choice

How has the role of a manager changed over time?

• A)Managers have gone from being harsh dictators to being friends and confidantes of their employees.
• B)Managers have gone from being top salespeople to being coaches and developers of their employees.
• C)Managers have gone from entertaining clients and networking to working long hours in the office and focusing on profits.
• D)Managers have gone from focusing on people to focusing on technology.
• E)Managers have gone from holding prestigious titles to being on an even level with the employees they manage.

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Definitions:

Degree-Of-Risk Tolerance

The level of variability in investment returns that an investor is willing to withstand in their investment portfolio.

Risk Aversion

The preference to avoid uncertainty in investment decisions, showing a tendency to prefer safer investments over riskier ones.

Capital Gains Tax

The tax on the profit made from the sale of a non-inventory asset when the sale price exceeds the purchase price.

Tax Shelter

An investment vehicle that allows individuals or businesses to reduce or avoid taxes, legally through various deductions and credits.