Which Statement Best Supports the Idea That Everyone Needs to Be

question 65

Multiple Choice

Which statement best supports the idea that everyone needs to be a leader in today's business environment?

• A) Social changes have broken down barriers between different levels of society. People from lower strata of society can now rise to become CEOs.
• B) In today's highly competitive, globalized business climate, organizations cannot afford to ignore good ideas, no matter where they originate.
• C) Technological changes have enabled some low-level employees to gain power and influence within organizations that cannot be ignored.
• D) Environmental changes have made it imperative for people to work together to avoid catastrophic effects in the coming decades.

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Definitions:

Discounted Note

A type of debt instrument that is sold for less than its face value and pays its face value at maturity, reflecting the discount as interest.

Face Value

The nominal or dollar value printed on a financial instrument, such as a bond or stock certificate, representing its value at issuance.

Take-Home Pay

Take-home pay is the amount of wages that an employee actually receives after all deductions, such as taxes and social security contributions, have been subtracted.

Gross Pay

The total amount of an employee's earnings before any deductions are made for taxes, benefits, and other payroll deductions.