Wyatt Has an MBA Degree from a Reputed University in the U.K

question 15

Multiple Choice

Wyatt has an MBA degree from a reputed university in the U.K. He has been working with Linocco Inc. for over two years, and he expects to be promoted as branch manager shortly. Sunny took-up a diploma course in management after he finished high school. He was never really interested in increasing his qualifications, but he has also been working at Linocco Inc. for over five years. Sunny expects to become the branch manager as well. However, the organization decides to promote Wyatt and not Sunny. Which of the following could be a reason for Wyatt being promoted and not Sunny?

• A) There is a direct relationship between educational institutions and the length of work experience.
• B) There is a negative relationship between the amount of formal education and the level of leadership position attained.
• C) There is an inverse relationship between education and number of previous employers.
• D) There is a positive relationship between the amount of formal education and the level of leadership position attained.

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Definitions:

Electronic Fund Transfer

A digital transaction that moves funds from one account to another without the use of cash or paper checks.

Overdraft

An overdraft occurs when money is withdrawn from a bank account and the available balance goes below zero, leading to a negative balance.

Dishonored Check

A check that a bank refuses to pay or clear, typically because there are insufficient funds in the account on which it is drawn.

Certified Check

A personal check guaranteed by the issuing bank, ensuring that the check writer has sufficient funds for the check to clear.