In Comparing the Types of Skills Used by Managers at Different

question 170

Multiple Choice

In comparing the types of skills used by managers at different levels within an organization, which of the following is true?

• A) Top managers use mainly technical skills and middle and first-line managers use mostly conceptual skills.
• B) First-line managers use mainly technical and human relations skills, while top managers devote most of their time to activities involving human relations and conceptual skills.
• C) The types of skills used by managers do not change much from one level of management to another.
• D) The specific skills used at different levels of management do vary, but conceptual skills are the most important at all levels.

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Definitions:

Compounded Monthly

Interest calculation method where the interest is added to the principal balance monthly, leading to interest accruing on the previously accumulated interest.

Equal Monthly Payments

Equal monthly payments are fixed payments made each month on a loan or mortgage over a set period of time, designed to pay off both interest and principal gradually.

Car Loan

A financial loan issued for the specific purpose of purchasing a car, typically involving interest and a repayment plan over a set period.

Compounded Semi-Annually

A method of calculating interest where the calculation is done twice a year, and the interest from the first half is added to the principal for the second half calculation.