In General, People Will Be Indifferent to Managerial Directives or Orders

question 3

Multiple Choice

In general, people will be indifferent to managerial directives or orders if they _________.

• A) are understood
• B) are consistent with the purpose of the organization
• C) can actually be carried out by those people
• D) are compatible with the people's personal interests
• E) meet all of the above qualifications

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Definitions:

Future Value

The value of an investment or a sum of money projected at a future date, calculated by applying interest or growth rates to the present value.

Time Value

The theory that a sum of money is more valuable if it's available immediately, rather than the same amount in the future, because of its earning capabilities.

Interest Rate

The percentage of a loan amount charged by the lender to the borrower for the use of money, typically expressed on an annual basis.

Present Values

This concept calculates the current worth of a future sum of money or stream of cash flows given a specified rate of return.