Why Do Canadian Organizations Spend So Much Money Developing Managers

question 45

Multiple Choice

Why do Canadian organizations spend so much money developing managers?

• A) because of sunk recruitment and selection costs
• B) because managers ensure organizations perform efficiently and effectively
• C) because it protects organizations from potential sexual harassment court actions
• D) because managers ensure that organizations perform efficiently and ethically

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Definitions:

Assets

Resources owned by a business or individual that have economic value and can be converted into cash.

Liabilities

Financial obligations owed by a business to others, such as loans, accounts payable, mortgages, deferred revenues, or bonds.

Common Shares

Equity securities that represent ownership interests in a corporation, entitling holders to dividends and voting rights depending on the number of shares held.

Retained Earnings

The portion of a business's profits not distributed to shareholders as dividends but retained by the company for reinvestment or to pay debt.