According to Luthans, If You Want to Be a Successful

question 46

Multiple Choice

According to Luthans, if you want to be a successful manager, your time would be best spent on which managerial activity?

• A) Traditional management
• B) Communication
• C) Human resource management
• D) Networking
• E) Systems

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Definitions:

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period of time, indicating the efficiency of inventory management.

Return On Assets

Return on assets (ROA) is a financial ratio that indicates the profitability of a company relative to its total assets, measuring how efficiently a company uses its assets to generate profit.

Total Debt

The sum of all financial obligations or liabilities held by a business or individual, including short-term and long-term debt.

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the cost of goods sold, representing the fraction of revenue that constitutes profit.