One of the Challenges Facing Today's Managers Is To

question 167

Multiple Choice

One of the challenges facing today's managers is to:

• A) deal with a workforce that is less educated and less self-directed than in the past.
• B) find ways to encourage conformity instead of diversity.
• C) work with a more educated workforce.
• D) cope with the sudden and unexpected slowdown in the pace of innovation and change.

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Definitions:

Amortization Expense

The portion of the cost of a fixed asset deducted from revenue over its useful life for accounting purposes.

Operating Expenses

The costs associated with the day-to-day operations of a business, not including the cost of goods sold.

Fixed Assets

Long-term tangible assets used in the operations of a business that are not expected to be consumed or converted into cash within a year.

Trademark

A trademark is a recognizable sign, design, or expression which identifies products or services of a particular source from those of others.