In the Context of Important Managerial Skills, the Ability to Analyze

question 66

Multiple Choice

In the context of important managerial skills, the ability to analyze information about events, trends, and changes in the environment to identify threats and opportunities for a work unit is part of the ________ set of skills.

• A) innovative thinking
• B) short-term planning
• C) monitoring operations
• D) external monitoring

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Definitions:

Invalid Verbal Contract

An oral agreement that lacks enforceability by law, often due to the absence of required elements for a valid contract or due to specific types of agreements that require written form.

Assurance

A formal declaration intended to give confidence or guarantee of certain outcomes or conditions.

Promise

An assurance that one will or will not do something in the future.

Unilateral Contract

A unilateral contract is a type of agreement in which an offer can only be accepted through performance, meaning one party promises to do something in return for the act of the other party.