After Working for Eleven Years as a Production Line Worker

question 213

Multiple Choice

After working for eleven years as a production line worker, Hollis recently was made a foreman. In his new position, Hollis will rely on:

• A) conceptual skills more than human relations skills.
• B) technical skills and human relations skills more than conceptual skills.
• C) technical skills and conceptual skills, but he won't really need any human relations skills.
• D) accounting and financial skills.

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Definitions:

Net Income

The total earnings of a company after deducting all expenses and taxes from total revenue.

Cash Dividends

Profits paid out to shareholders from a company's earnings in the form of cash.

Investing Activities

Financial actions involving long-term assets, like buying or selling property, plant, and equipment, crucial for strategic growth planning.

Equipment Sale

The process of selling off business equipment, often used machinery or vehicles, either to raise funds or dispose of assets no longer needed.