As an Office Manager, You Are Trying to Find Ways

question 94

Multiple Choice

As an office manager, you are trying to find ways to enlarge or expand several clerical jobs that you supervise.One approach is to:

• A)reschedule work into a flextime arrangement
• B)rotate employees among several positions
• C)increase the number of clerical tasks or duties performed by each individual
• D)more effectively match worker skills to job requirements

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Definitions:

Asset Management

The systematic process of developing, operating, maintaining, and selling assets in a cost-effective manner, typically referring to investment management of financial assets.

Debt Management

The strategic planning and execution aimed at reducing, reorganizing, or consolidating debt to manage financial obligations more effectively.

Profitability

A measure of the efficiency and effectiveness of a company in generating profit from its operations.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects cash from credit sales by comparing net credit sales with the average accounts receivable balance.