Which of the Following Statements About the Role of Education

question 168

Multiple Choice

Which of the following statements about the role of education in management is TRUE?

• A) Formal education is the best way to acquire the skills a manager requires.
• B) Managerial skills are best learned through experience,not formal education.
• C) Once a manager has a master's degree,additional formal education is unnecessary.
• D) The primary advantage of a college education to managers is that a person can become familiar with current research and thinking on management.
• E) College courses are of little value to first-line supervisors.

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Definitions:

High Quality

Refers to products or services that meet or exceed customer expectations in terms of durability, reliability, and performance.

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A high-cost ring traditionally given during a proposal, symbolizing intent to marry.

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The act of saving money by spending less, often by cutting back on non-essential expenses.

Signaling

The action of sending a signal (often indirectly) to convey information or intentions in economics, particularly in markets where information is asymmetric.