Author Ram Charan States

question 30

Multiple Choice

Author Ram Charan states:

• A) Moving from individual contributor to first-level manager and moving from mid-level manager to top-level manager are the two hardest transitions for people to make.
• B) Moving from first-level manager to mid-level manager is the hardest transition for people to make.
• C) Moving out of management to the role of individual contributor is the hardest transition for people to make.
• D) Transitions are easy when an organization is growing.
• E) None of these.

---

Definitions:

Incremental Investment

Additional funds invested in a project to generate more returns.

Receivables

Money owed to a company by its customers for goods or services that have been delivered or sold but not yet paid for.

Accounts Receivable Approach

A method used by businesses to estimate the amount of credit sales that are not likely to be collected.

Aging Schedule

A method used in accounting to display the breakdown of receivables or payables by their due dates, helping businesses manage their cash flow.