Senior Managers Need Skills in _____________, Communicating, and Understanding the Perspective

question 36

Short Answer

Senior managers need skills in _____________, communicating, and understanding the perspective of others to be able to make strategic decisions for the firm.

---

Definitions:

Land and Building

Real estate assets including both the physical ground (land) and any structures (buildings) that are permanently attached to it.

Sales

The activities involved in selling goods or services in return for money or other compensation.

Net Income

The amount of money that remains after all operating expenses, taxes, and interest have been deducted from total revenue.

Net Margin

A profitability metric that calculates the percentage of revenue remaining after all operating expenses, interest, taxes, and preferred stock dividends have been deducted.