Felipe Is the Manager of Pawlicious, a Bakery That Specializes

question 115

Multiple Choice

Felipe is the manager of Pawlicious, a bakery that specializes in cookies for cats and dogs. As the manager of the bakery, he has many responsibilities. One day he holds a meeting where he informs the employees that the company must freeze wages for the next year. An agitated employee threatens to "make the company regret this," so Felipe asks the employee to leave immediately and makes sure that security personnel escort the employee off the premises. After the meeting, Felipe goes to meet one of the bakery's distributors to obtain information about possible new markets for the company's products. Then he represents the company at a dinner for the retiring bank officer who handled Pawlicious's account for many years. These are some of the roles that Felipe performs as a manager.Which of the following roles was Felipe performing when he attended the retirement dinner for the bank officer?

• A)liaison
• B)figurehead
• C)spokesperson
• D)entrepreneur
• E)disturbance handler

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Definitions:

Liquidating Dividend

A type of dividend paid by distributing a portion of the company’s assets to shareholders, typically during the dissolution of the company.

Tax Purposes

The reason or rationale behind financial decisions or calculations made in compliance with tax laws and regulations.

Firm's Earnings

The profit that a company generates during a specific period, typically reported quarterly or annually.