In Which of the Following Company Types Does a Manager

question 59

Multiple Choice

In which of the following company types does a manager use an operating expenses budget?

• A)Manufacturing
• B)Merchandising
• C)Service
• D)All of the above

Comprehend the principles of management and their applicability to both for-profit and non-profit organizations.

Grasp the concepts of delegation and the importance of vision in guiding organizational actions.

Identify the steps involved in the strategic planning process and the role of ethical considerations in business decisions.

Understand the significance of leadership styles and decision-making processes in the management function.

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Definitions:

Emotional Intelligence

denotes the ability to recognize, understand, manage, and reason with emotions in oneself and others, facilitating enhanced interpersonal communication and decision-making.

Cognitive Dissonance

A psychological phenomenon occurring when an individual holds two or more contradictory beliefs, ideas, or values, leading to discomfort and a motivation to reduce the dissonance.

Realistic Job Preview

An accurate presentation of the potential duties and responsibilities of a job role to candidates, aimed at reducing turnover by setting proper expectations.

Uncertainty Reduction

The process through which individuals, groups, or organizations gather information to decrease the level of uncertainty about future events or behaviors.