When a Manager Acts as a Resource Allocator or Negotiator

question 3

Multiple Choice

When a manager acts as a resource allocator or negotiator for his/her organization, she is acting in a(n) __________ role.

• A) entrepreneurial
• B) decisional
• C) interpersonal
• D) informational

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Definitions:

Material Costs

The expenses associated with the raw materials and components used in the making of a product.

Internal Data

Data generated within an organization from its operational activities, used for analysis and decision-making processes.

Nominal Data

Data categorized into discrete groups or categories that cannot be ordered in a meaningful way, used in statistical analysis to classify qualitative variables.

Routine Collection

The systematic and regular gathering of data or samples for analysis.