Emma Is a Highly Efficient Manager

question 51

Multiple Choice

Emma is a highly efficient manager.This implies that she

• A)minimizes the amount of input resources without compromising quality.
• B)is slow to respond to change and perceives organizational change as harmful.
• C)does not favor flexibility in planning.
• D)spends lavishly on resources.
• E)works for longer hours than do most of her colleagues.

Analyze the effectiveness of various cash management strategies.

Understand the implications of short-term vs. long-term financing decisions for working capital.

Calculate the effective interest rate on loans and understand its impact on financing decisions.

Understand the role of working capital in the operational efficiency of a business.

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Definitions:

Behavior Modification

A systematic approach to changing behavior through the application of the principles of conditioning.

Conditioning

A process of behavior modification by which a subject comes to associate a desired behavior with a previously unrelated stimulus.

Cognitive Science

An interdisciplinary field that studies the mind and its processes, including how people think, learn, remember, and perceive.

Control of Antecedents

Strategies or techniques aimed at managing or altering environmental or internal factors that precede and trigger a specific behavior.