Managers Are Responsible for Getting Activities Completed Efficiently and Achieving

question 1

Multiple Choice

Managers are responsible for getting activities completed efficiently and achieving the firm's goals by utilizing:

• A)Human,financial,and material resources
• B)Information,human,and service resources
• C)Human resources,organizational competitiveness,and organizational goals
• D)Financial resources,top management,and organizational goals.

Understand the impact of different compounding frequencies on investment growth and loan repayment schedules.

Calculate the payment size for loans and mortgages based on various interest rates and repayment periods.

Apply the concept of the time value of money to real-life financial planning and decision making.

Determine the duration of payments or withdrawals for investments and loans based on compound interest calculations.

---

Definitions:

Inspirational Motivation

A leadership style that motivates and inspires team members to achieve higher levels of performance and to pursue greater goals.

Key Networks

Strategic connections between individuals or organizations that provide opportunities for collaboration, support, or resource exchange.

Human Skills

The abilities that enable individuals to work well with others, communicate effectively, and understand their own emotions and those of others.

Management Roles

Various functions and responsibilities held by managers, including planning, organizing, leading, and controlling.