List and Briefly Explain the Three Different Kinds of Managerial

question 20

Essay

List and briefly explain the three different kinds of managerial skills.

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Definitions:

Securities

Investment assets that denote a shareholding in a publicly-listed company (stock), a bondholder’s claim against a corporation or government, or ownership rights as outlined in an option contract.

Project Costs

Project Costs include all expenses incurred during the execution of a project, including materials, labor, and overhead.

Subjective Approach

A method based on personal opinions, interpretations, points of view, emotions and judgment.

Cost of Capital

The minimum return rate that a company needs to achieve on its investment initiatives to preserve its market valuation and draw in capital.