Terrell Is Being Considered for Promotion from a Plant Manager

question 112

Multiple Choice

Terrell is being considered for promotion from a plant manager to top management.He is unsure whether he is qualified for the position.He wants to ensure that he is an effective manager,and not simply having success in the workplace because of his multiple promotions in the last few years.Although he's never been a top manager,there are some things he does in his personal life other members of the management team think qualify him for the position.What personal activity does management most likely think is a good indicator of whether or not Terrell will be an effective top manager?

• A) He is part of a theatrical group that gives performances to hundreds of people, showing that he is not afraid to speak in front of a crowd.
• B) He juggles being a parent, working as a middle manager, and having personal hobbies, showing an ability to do well in all aspects of his life without going overboard in one or neglecting another.
• C) He has many siblings, showing that he knows how to share space with a large number of people.
• D) He quickly learns how to play new games by following the rules explained to him.
• E) He was a member of the debate team in high school and consequently is well-versed in being able to argue both sides of an issue.

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Definitions:

Forward Rate

An agreed-upon price for a financial transaction that will occur at a future date, used in derivatives markets.

Exchange Rate

The worth of one currency in relation to another for converting between them, showing the amount one currency is equivalent to in another currency.

Interest Rate Parity

A theory which posits that the difference between the interest rates of two countries is equal to the difference between the forward exchange rate and the spot exchange rate.

Interest Rate Differential

The difference in interest rates between two financial instruments or two countries, often influencing currency values and investment flows.