What Is the Primary Managerial Responsibility in an Organization

question 118

Multiple Choice

What is the primary managerial responsibility in an organization?

• A) development of employees.
• B) development of profits.
• C) decision making.
• D) development of performance measurements.

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Definitions:

Risky Asset

An investment that holds a degree of uncertainty regarding its returns or principal amount.

Non-Risky Asset

A financial asset with a guaranteed or highly predictable return rate, such as government bonds.

Expected Return

The anticipated gain or loss for an investment over a given period, often expressed as a percentage.

Standard Deviation

A gauge for the degree of spread or discrepancy in a series of data points.