As Someone Moves Up the Managerial Hierarchy, Which Skills Become

question 182

Multiple Choice

As someone moves up the managerial hierarchy, which skills become relatively more important?

• A) technical skills
• B) human skills
• C) conceptual skills
• D) supervisory skills

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Definitions:

Privately Held

A description of a company whose ownership is private, meaning its shares are not traded on public stock exchanges.

Legal Costs

Legal Costs are expenses related to legal services such as attorney fees, court fees, and other expenditures incurred in the process of legal advice, litigation, or legal settlement.

Organization Expense

Costs associated with forming a business entity, such as legal fees, registration charges, and administrative expenses.

Market Value

The ongoing rate at which services or assets are being traded in the market.