To Develop Executives Who Will Have an Understanding of and Expertise

question 29

Multiple Choice

To develop executives who will have an understanding of and expertise in a variety of functions, products and services, and markets, managers make sure that executives with high potential have different job proficiencies, some inline positions and some in staff positions.This is employee development through

• A)varied work experiences.
• B)formal education.
• C)on-the-job training.
• D)role-playing.
• E)simulation.

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Definitions:

Income Ratios

Metrics used to evaluate a company's ability to generate earnings as compared to its expenses and other relevant costs incurred during a specific period.

Bonus

Additional compensation given to employees as an incentive or reward beyond their regular salary.

Capital Balances

The amount of money that the owners of a business have invested in it, typically represented in the equity section of the balance sheet.

Income and Losses

Represents the financial results of a company's operations, with income meaning the revenues exceeding expenses and losses referring to expenses exceeding revenues.