What Are the Three Basic Roles of Management

question 25

Multiple Choice

What are the three basic roles of management?

• A) decisional, operational, and interpersonal
• B) educational, operational, and intrapersonal
• C) interpersonal, decisional, and informational
• D) informational, educational, and operational

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Definitions:

Reasonable Level

A term often used in finance and economics to describe an equilibrium or average measure that is considered acceptable under given conditions.

Capital Budget

The planning process used by a company to determine whether its long-term investments or projects are worth pursuing.

Dividend Per Share

The sum of declared dividends for every share of common stock issued, divided by the number of outstanding shares.

Outstanding Shares

The total shares of stock that are currently owned by shareholders, including restricted shares owned by company insiders.