Which of the Following Is Considered a Fundamental Managerial Skill

question 69

Multiple Choice

Which of the following is considered a fundamental managerial skill?

• A) technical skills
• B) communication abilities
• C) charismatic leadership
• D) ability to maintain status quo
• E) ability to regulate procedures

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Definitions:

Informed Consent

A process by which individuals are fully briefed on the risks, benefits, and alternatives of a procedure or participation, allowing them to make educated decisions.

Monetary Compensation

Payment given to someone in exchange for their services or to compensate for loss or injury, typically in the form of money.

Receivables Turnover

A financial ratio that measures how effectively a company collects its accounts receivable, calculated by dividing total sales by average accounts receivable.

Inventory Turnover

A measure of how frequently a company sells and replaces its stock of goods during a period, offering insight into sales efficiency and inventory management.