As an Upper-Level Manager for IBM,Danny Is One of Many

question 35

Multiple Choice

As an upper-level manager for IBM,Danny is one of many people responsible for allocating organizational resources in order to achieve the key goals of the company.Specifically,Danny is in charge of collecting and analyzing data on consumer preferences in personal computer design and technology and is thus responsible for what general type of resources?

• A) Material
• B) Human
• C) Informational
• D) Financial
• E) System

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Definitions:

Profit Sharing

A company program that gives employees a share in the profits of the company, typically as a portion of their annual salary or as a bonus payment.

Reimbursement

To pay back or compensate for money spent, or losses or damages incurred; payment for provider services (from insurance company).

Compensation

Anything given as an equivalent or to make amends; pay.

Insurance Company

A financial institution that provides risk management through the mechanism of insurance contracts, covering various types of risks including health, property, and life.