At What Level of Management Are Technical Skills Relatively Unimportant

question 27

Multiple Choice

At what level of management are technical skills relatively unimportant?

• A) Bottom
• B) Top
• C) Front-line supervisor
• D) First-line
• E) Middle

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Definitions:

Restrictive Policy

A policy that limits or restricts certain actions, typically implemented to control financial practices or prevent excessive risk-taking.

Inventory

The total amount of goods and materials held by a company intended for sale or used in the production of goods sold.

Optimal Current Asset Holdings

Refers to the ideal mix of cash and other current assets a company maintains to meet its operational and investment needs effectively and efficiently.

Flexible Policy

A strategy or approach that can be adjusted easily in response to changing circumstances, often applied in economic or business contexts.