A Manager Changes Jobs Within an Organization and Moves to Another

question 80

Multiple Choice

A manager changes jobs within an organization and moves to another job at the same level without any major changes in authority or responsibility. This is known as ________.

• A) insourcing
• B) a lateral move
• C) outsourcing
• D) paralleling

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Definitions:

Days' Cash on Hand Ratio

A liquidity metric that calculates how many days a company can operate using its available cash without external financing.

Depreciation Expense

The systematic allocation of the cost of a tangible asset over its useful life, reflecting the decrease in the asset's value over time.

Cash Commitments

Obligations to pay out cash in the future for contracts or other agreed upon transactions.

Compensating Balance

A minimum bank account balance that a borrower agrees to maintain as a condition for borrowing from a lender.