In a Skill-Based Structure, Managers' Focus Is On

question 3

Multiple Choice

In a skill-based structure, managers' focus is on:

• A)linking employees to the job done.
• B)controlling costs solely via pay for job.
• C)promotion and placement.
• D)providing training.
• E)controlling costs solely via budget increase.

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Definitions:

Endowment Fund

A fund where the principal amount is kept intact while the investment income is used for specific purposes, often found in non-profits and educational institutions.

Principal Amount

The initial size of a loan or bond or the amount deposited, excluding any interest or earnings.

Scholarships

Financial aid awarded to students to help pay for education expenses, often based on academic achievement or other criteria.

Restricted Fund Method

An accounting practice used for reporting resources that have been restricted by donors or grantors.