What Is the Most Common Reason Managers Fail After Being

question 38

Multiple Choice

What is the most common reason managers fail after being promoted to management?

• A) Lack of confidence
• B) Poor time management
• C) Poor teamwork with subordinates and peers
• D) Inability to balance work and family demands

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Definitions:

Times Interest Earned Ratio

A financial ratio that measures a company's ability to meet its debt obligations by comparing its earnings before interest and taxes to its interest expenses.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, including the balance sheet, income statement, and cash flow statement.

Bond Issue

The process by which an issuer creates a financial security (bond) that can be purchased by investors, representing a loan made by the investor to the issuer.

Interest Payable

This refers to the amount of interest expense that a company owes to its creditors, which has been incurred but not yet paid.