In the Context of Skills of Successful Managers,_____ Primarily Involves

question 97

Multiple Choice

In the context of skills of successful managers,_____ primarily involves challenging people to question their assumptions about the work and consider better ways of doing it.

• A) monitoring operations
• B) taking risks for change
• C) encouraging innovative thinking
• D) envisioning change

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Definitions:

ROCE

Return on Capital Employed; a financial ratio that measures a company's profitability and the efficiency with which its capital is employed.

Operating Profit Margin

A profitability ratio calculated by dividing operating profit by total revenue, reflecting the percentage of revenue that is left over after paying for variable costs of production.

Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets to generate sales or revenue.

Return On Assets

A financial metric that indicates how profitable a company is relative to its total assets, measuring how efficiently a company uses its assets to generate earnings.