A Manager Who Experiments with New Ideas, Takes Chances with New

question 29

Multiple Choice

A manager who experiments with new ideas, takes chances with new products, and leads his or her department to try new ways to solve problems has high__________ .

• A)risk propensity
• B)competitiveness
• C)internal locus of control
• D)self- control

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Definitions:

Drawing Account

An account used by a sole proprietor to track money withdrawn from the business for personal use.

Total Assets

The sum of all current and non-current assets owned by a company, representing its overall value.

Cash Collection

The process of receiving and processing payments from customers, including cash, checks, and credit card payments.

Expense Accounts

Financial accounts used to track money spent or costs incurred in a company's operations.