Managers Who Continue to Do the Things Required to Achieve

question 127

Multiple Choice

Managers who continue to do the things required to achieve the original goals of a plan ___________.

• A) are following their intuition
• B) may not be able to cope with a changed environment
• C) are demonstrating their ability to follow a flexible and specific plan
• D) are acting responsibly

---

Definitions:

Floating-Rate

An interest rate that fluctuates over time with the market or an index, commonly used in variable-rate loans and adjustable-rate mortgages.

Interest Rates

The percentage charged on borrowed money, or earned through lending money or making investments, over a specified period.

Income Bond

An income bond is a type of bond that only pays interest if the issuing company is profitable, making it a riskier investment than bonds with guaranteed interest payments.

Operating Loss

A situation where a company's operating expenses exceed its gross profit, indicating a loss in its core business operations.