According to a Recent Poll of CEOs, What Was Mentioned

question 60

Multiple Choice

According to a recent poll of CEOs, what was mentioned as the number one skill that CEOs and their boards believed they needed development in?

• A) persuasion skills
• B) leadership skills
• C) planning skills
• D) conflict management skills

---

Definitions:

Direct Labor-Hours

The total time workers spend producing a product or service, directly involved in the manufacturing or production process.

Variable Overhead

Costs that fluctuate with the level of production output, such as utilities for a manufacturing plant, which increase as production increases.

Direct Materials

Raw materials that can be directly associated with the production of specific goods or services and are a major component of total manufacturing costs.

Direct Labor-Hours

A measure of the time workers spend directly manufacturing a product, used in calculating labor costs and efficiency.