Which of the Following Is NOT One of the Four

question 90

Multiple Choice

Which of the following is NOT one of the four basic types of managerial activities identified by Luthans, Hodgetts, and Rosenkrantz?

• A)Routine communication
• B)Traditional management
• C)Networking
• D)Entrepreneuring
• E)Human resource management

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Definitions:

Since 1950

A phrase indicating a time frame that starts from the year 1950 to the present, often used to denote changes or developments over that period.

Comparative Advantage

The ability to produce a good at a lower opportunity cost than another producer

Sectoral Shocks

Unexpected events that cause significant shifts in demand or supply in a specific sector of the economy, leading to changes in prices and output levels.

Frictional Unemployment

Unemployment due to the time workers spend in job search, usually short-term and occurring when individuals are transitioning between jobs.