In General, Which of the Following Is the Most Important

question 6

Multiple Choice

In general, which of the following is the most important role of managers?

• A) Ensure workers do their jobs correctly.
• B) Obtain compliance from workers and prevent opposition to authority.
• C) Enforce the rules and regulations of the organization.
• D) Identify workers worthy of promotion.

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Definitions:

Subsequent-year Period

A timeframe that follows the current year, used in forecasting and planning for future financial or operational activity.

Investment Company Assets

Assets held by a company that pools together money from many investors to purchase securities such as stocks, bonds, and other financial assets.

Mutual Funds

Investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities.

Specialized-sector Funds

Mutual funds that invest primarily in specific sectors of the economy, such as technology, healthcare, or finance, offering focused exposure to industry-specific risks and opportunities.