What Must Managers Be Able to Do to Compete in Today's

question 155

Multiple Choice

What must managers be able to do to compete in today's global marketplace?

• A)Make decisions to gain competitive advantages.
• B)Make decision that can help forecast future business needs.
• C)Make decision that can help forecast future business requirements.
• D)All of these.

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Definitions:

Financial Calculator

A specialized calculator used for complex financial calculations, including interest rates, loan payments, and investment values.

Expressed

Clearly stated, demonstrated, or articulated in a particular manner.

Years

Years are units of time used to measure duration, consisting of 12 months or 365 days in a common year and 366 in a leap year.

Ordinary Annuity

A series of equal payments made at equal intervals of time, commonly used in calculations of loan repayments or future savings, where interest compounding occurs at the end of each period.