Telecommuting Will Change the Relationship Between Managers and Employees

question 64

Multiple Choice

Telecommuting will change the relationship between managers and employees. Managers can expect

• A)employees will be less productive.
• B)that tighter controls are needed.
• C)that employees need greater managerial time.
• D)greater employee involvement in decision making.

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Definitions:

Compound Interest

Interest calculated on the initial principal, including all of the accumulated interest from previous periods on a deposit or loan.

Present Value Factor

A factor used in calculating the present value of a future sum of money or a stream of cash flows, given a specific interest rate.

Annuity

A financial product that provides regular payments over a specified period of time, often used as a retirement income strategy.

Equal Annual

This term refers to an approach or method where amounts or payments are distributed equally across multiple years.