Which Type of Manager Has Responsibility for Translating the General

question 28

Multiple Choice

Which type of manager has responsibility for translating the general goals and plans developed for an organization into more specific activities?

• A) Operational managers.
• B) Functional managers.
• C) Activities managers.
• D) Strategic managers.
• E) Tactical managers.

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Definitions:

Trading Securities

Marketable securities that a company holds for the purpose of trading in the short term, with the intent of generating profit from price movements.

Fair Value

The estimated market value of an asset or liability, reflecting the price that two willing parties would agree to in an arm's length transaction.

Held-to-maturity

A category for debt securities that a company has the positive intent and ability to hold until maturity, reported at amortized cost.

Long-term Investment

Assets purchased by a company to hold for more than one year, typically including stocks, bonds, or real estate.