Which of the Following Statements Has Resulted in Changes in the Role

question 107

Multiple Choice

Which of the following statements has resulted in changes in the role of management?

• A) Most workers today show little initiative or creativity, so managers must spend more time directing their efforts.
• B) The marketplace is becoming global, which increases both competition and opportunities for cooperation and integration.
• C) Firms are recognizing that their workforces are too diverse, so managers must find ways to reduce diversity without violating federal laws against discrimination.
• D) The desire to encourage teamwork has resulted in larger, more cumbersome organizations with too many workers.

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Definitions:

Mexican Pesos

The official currency of Mexico, symbolized as MXN, used for all financial transactions within the country.

Income Statement

A financial statement that shows the company’s revenues, expenses, and profits or losses over a specific period, providing insights into its operational efficiency and profitability.

Two-Transaction Perspective

An approach in accounting or finance where a transaction is considered to have two distinct parts or effects, often used in foreign currency transactions and hedges.

Foreign Exchange Gains

Profits resulting from changes in the value of currency exchange rates.