The Task Managers Must Fulfil in Managing Diversity in Abilities

question 67

Multiple Choice

The task managers must fulfil in managing diversity in abilities is to:

• A)find where people lack in abilities and train them in these areas to increase performance.
• B)mix people into teams where abilities can complement one another.
• C)know how people differ and use that knowledge to increase employee performance.
• D)all of the above.

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Definitions:

Free Cash Flow

A financial metric that represents the amount of cash a company generates after accounting for capital expenditures used to maintain or expand its asset base.

Corporate Governance

The system of rules, practices, and processes by which a company is directed and controlled, focusing on balancing the interests of stakeholders.

CEO's Ability

Refers to the skills, experience, and leadership qualities that a Chief Executive Officer possesses in managing and guiding a company.

Agency Costs

Expenses that arise from conflicts of interest between management of a company and its shareholders, including costs related to monitoring and aligning interests.