The Basic Tasks of the General Manager Are

question 27

Multiple Choice

The basic tasks of the general manager are

• A) planning, organizing, managing, and controlling
• B) setting direction, creating strategy, implementing change, and assessing performance
• C) developing and implementing the strategic plan and evaluating performance-to-plan
• D) assessing the strengths and weaknesses of the organization and identifying opportunities and threats

---

Definitions:

Equity Multiplier

The equity multiplier is a financial ratio that measures the degree of a company's financing through debt compared to its owned equity, indicating leverage level.

Return on Assets

A financial ratio indicating the profitability of a company relative to its total assets.

Costs of Goods Sold

Costs directly related to the manufacture of products sold by a company.

Accounts Receivable

Outstanding payments from debtors to a company for goods or services already utilized or delivered but not paid for.