All the Following Are Management Skills EXCEPT

question 31

Multiple Choice

All the following are management skills EXCEPT:

• A) technical skills.
• B) interpersonal skills.
• C) psychological skills.
• D) decision-making skills.

Comprehend the factors that impact price sensitivity and demand elasticity.

Apply the price elasticity of demand concept and its determinants.

Illustrate how consumers assess value and price in their purchasing decisions.

Understand and apply the process of price setting, including the identification of pricing objectives and constraints.

---

Definitions:

Outstanding Balance

The amount of money owed that remains in a borrower's account, excluding interest and fees, that has not yet been paid.

Invoice

A document issued by a seller to a buyer, indicating items sold, prices, date of shipment, delivery and payment terms.

Payment

The act of giving money in exchange for goods or services.

EOM

End of Month, a term often used in the context of finance and accounting to denote processes or evaluations performed at the close of the month.