Which of the Following Is Correct with Regard to the Question

question 96

Multiple Choice

Which of the following is correct with regard to the question of whether management is an art or a science?

• A) Management is clearly an art because it does not place much emphasis on quantitative methods.
• B) Because many management problems can be approached in ways that are rational, logical, objective, and systematic, management is a science.
• C) Because managers must rely heavily on interpersonal skills and on abstract conceptual thinking, management is an art.
• D) Management is partly an art and partly a science.
• E) Management is neither an art nor a science; rather, it is a profession.

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Definitions:

Conversion Ratio

In finance, it is the number of shares a holder can obtain by converting a convertible security into common stock.

Market Conversion Value

The value of a convertible security if it is converted into a specified number of shares of common stock, based on the current market price.

Par Value

The nominal or face value of a bond, stock, or coupon as stated by the issuer, which does not necessarily reflect its market value.

Credit Default Swap

A financial derivative allowing an investor to "swap" or offset the risk of credit loss from the default of a borrower.