________ Get Things Done Through Other People

question 57

Multiple Choice

________ get things done through other people. They make decisions, allocate resources, and direct the activities of others to attain goals.

• A) Assistants
• B) Managers
• C) Secretaries
• D) Interns
• E) Apprentices

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Definitions:

Factoring

The financial transaction where a business sells its accounts receivable (invoices) to a third party (factor) at a discount, in order to raise immediate capital.

Note Maturity

Note maturity refers to the date on which a debt instrument, such as a bond or promissory note, reaches its due date and the principal is to be paid to investors.

Quarterly Interest

Interest calculated or paid every three months on loans, investments, or deposits.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan balance.