Josephine Would Like to Become Part of an Elite Manager

question 32

Multiple Choice

Josephine would like to become part of an elite manager network at her company so she can get access to general and line-management experience to help her succeed within the company. However, she learns that the manager network is made up exclusively of men. This demonstrates which factor affecting women's careers?

• A) The female advantage
• B) The opt-out trend
• C) The glass ceiling
• D) The glass wall
• E) Ethnorelativism

---

Definitions:

M&M Proposition I

A principle of financial theory stating that under perfect market conditions, the value of a firm is unaffected by how it is financed.

Liquidation

The process of converting assets into cash or cash equivalents by selling them in the market.

Going Concern

An accounting assumption that a company will continue to operate for the foreseeable future, thus justifying the presence of its assets and liabilities.

Financial Restructuring

The process of reorganizing a company's financial structure, often involving re-negotiation of debts and equity, to improve its liquidity and ensure its survival.