Any Attempt to Improve Managerial Performance by Imparting Knowledge,changing Attitudes,or

question 104

Multiple Choice

Any attempt to improve managerial performance by imparting knowledge,changing attitudes,or increasing skills is called ________.

• A) on-the-job training
• B) management by objectives
• C) performance improvement programs
• D) management development

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Definitions:

Profitability

A measure of the efficiency with which a company or a business utilizes its resources to generate profits.

Production Set

A set of all possible combinations of inputs and outputs that a firm can produce taking into account its technology.

Firm

An organization or business entity involved in commercial, industrial, or professional activities, aiming to generate profit.

Products

Goods or services that are created through a process of production and can be offered in a market to satisfy a need or want.