Creating Slack Resources Means That

question 104

Multiple Choice

Creating slack resources means that

• A)a manager limits the availability of resources to units that have been less productive.
• B)nonperforming employees are assigned to easier tasks.
• C)more resources are made available to each unit in case they need them in a pinch.
• D)each unit within a company is differentiated by functional specialty.
• E)time, money, and other resources are tightly budgeted.

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Definitions:

Restrictive Policy

A policy designed to limit or restrict certain behaviors, actions, or practices, typically in a financial or regulatory context.

Marketable Securities

Short-term financial instruments that are easily convertible into cash at a relatively stable market price.

Flexible Policy

A strategy or guideline that allows for adjustments and adaptations in response to changing conditions or information.

Payables Manager

A financial professional responsible for managing a company's accounts payable, ensuring timely payment of invoices and maintaining vendor relationships.