Erin Has Methodically Worked Her Way from Being a Front-Line

question 29

Multiple Choice

Erin has methodically worked her way from being a front-line manager at the factory to the position of chief operations officer. Along the way, her need to demonstrate technical skills has decreased, while her need to demonstrate which type of skills has increased?

• A) nontechnical
• B) critical
• C) operational
• D) conceptual

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Definitions:

Public Utilities

Essential services provided by both government and private sectors including water, electricity, and transportation.

Efficiency Loss

The cost to society created by market inefficiency, often associated with the misallocation of resources or markets not reaching equilibrium.

Excise Tax

is a tax levied on the sale of specific goods or services, like fuel, tobacco, and alcohol, usually to discourage their use or generate revenue.

Payroll Taxes

Taxes imposed on employers and employees, based on the wages paid to employees, used to fund social security and other programs.