Glen Is the Managing Director of a Property Management Firm

question 11

Multiple Choice

Glen is the managing director of a property management firm. He is considering two of his best employees, Jeremy and Samara, for a promotion. Samara is 28 years old and has displayed consistent performance throughout the term of her employment. She is married and has a young son. Jeremy is also 28 years old and is a dedicated employee. He is unmarried and supports his ailing mother. Glen decides to promote Jeremy even though Samara is a better employee. Which of the following is most likely the reason for Glen's decision?

• A) Glen believes that Samara will prioritize her family over her career.
• B) Glen believes that Jeremy chooses tasks that give him a greater sense of accomplishment.
• C) Glen believes that Samara is not interested in learning new things.
• D) Glen believes that Jeremy wants more control over his work schedule.

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Definitions:

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, profits, or losses.

Sole Proprietorship

A business ownership structure where a single individual owns the company and is responsible for its debts and liabilities.

Capital Maintenance

An accounting concept aimed at preserving the initial capital of the company, adjusting for inflation or financial performance.

Transactional Methods

Approaches used for evaluating and proceeding with individual transactions, often in the context of tax or foreign exchange.