Proactive Managers Plan Ahead for the Problems the Business Is

question 49

Short Answer

Proactive managers plan ahead for the problems the business is likely to encounter and the opportunities that may arise by preparing ___________ financials.

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Definitions:

Timing-of-life Events

Refers to the significance of when certain events occur in an individual's life, which can affect outcomes in various domains like health, education, and career.

Normative Time

A societal or culturally established timeframe for when certain life events or developmental milestones are expected to occur.

Five-factor Model

A conceptual model based on the theory that five broad dimensions are sufficient to describe human personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Extraverted

Describes individuals who are outgoing, sociable and draw energy from being around other people.