Managers in the 2020 Workplace Will Need to Have the Ability

question 154

True/False

Managers in the 2020 workplace will need to have the ability to learn new skills, leverage the latest technology, and apply new knowledge to a fast-changing set of business conditions.

---

Definitions:

Equity Method

An accounting technique used for investments in which the investor has significant influence over the investee but does not exert full control, reflecting the investor's share of the investee's profits and losses.

Cost Method

An accounting method used to value certain investments based on their original purchase cost, without reflecting market value changes until realized.

Economic Interest

A stake or concern in an economic entity or activity, often referring to the level of investment or involvement an individual or organization possesses in a company or project.

Equity Method

An accounting technique used by companies to record their investments in other companies when they have significant influence but not full control.