Devon Often Tells Staff That His Top Priority Is to "Do

question 14

Multiple Choice

Devon often tells staff that his top priority is to "do things the right way." He also takes a very personal approach toward achieving company goals.Which of the following statements about Devon is TRUE?

• A) Devon assumes the traditional role of a leader because he is concerned with doing things the right way and taking a personal approach to achieving goals.
• B) Devon assumes the traditional role of a manager when he is concerned with doing things the right way and a leader when he takes a personal approach to goals.
• C) Devon assumes the traditional role of a leader when he is concerned with doing things the right way and a manager because he takes a personal approach to goals.
• D) Devon assumes the traditional role of a manager because he is concerned with doing things the right way and taking a personal approach to achieving goals.

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Definitions:

Free Cash Flow

The cash a company generates after accounting for cash outflows to support operations and maintain its capital assets, indicating the financial health and profitability of a company.

EBIT

Earnings Before Interest and Taxes, a measure of a company's operating performance that excludes interest and income tax expenses.

Working Capital

Working capital is the difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of a company.

Corporate Income Taxes

Taxes imposed on the income or profit earned by corporations and are calculated based on the tax laws of the country in which the corporation is located.