First-Line Managers

question 6

Multiple Choice

First-line managers:

• A) increase efficiency by helping middle-level managers better use resources to reduce manufacturing costs or improve customer service.
• B) are also known as supervisors.
• C) are at the top of the managerial hierarchy.
• D) work in one single department of an organization.
• E) are responsible for finding the best way to organize human and other resources to achieve organizational goals.

---

Definitions:

Government Debt

The total amount of money that a government owes to creditors, which can include foreign governments, domestic banks, and other financial institutions.

Lifetime Income

The total amount of money earned by an individual over the course of their life.

Consumption Tax

A tax on the purchase of goods and services, paid directly by consumers.

Tax-Advantaged

Refers to investments or accounts that offer tax benefits or exemptions to the investor, reducing the tax burden and enhancing potential financial returns.