In the Context of Management Skills, Top-Level Managers Must Demonstrate

question 110

Multiple Choice

In the context of management skills, top-level managers must demonstrate excellent:

• A) conceptual skills.
• B) tactical skills.
• C) technical skills.
• D) operational skills.

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Definitions:

Resource Suppliers

Entities or individuals that provide the inputs needed by firms to produce goods and services, such as labor, raw materials, and components.

Capitalist Income

Income earned from the ownership of capital or investments, typically in the form of profits, interest, and dividends.

Time-Value

The principle that money available now is worth more than the same amount in the future due to its potential earning capacity.

Irving Fisher

An American economist, statistician, inventor, and Progressive social campaigner known for his contributions to economic theory.