Bill Is a New Manager in a Department with Four

question 139

Multiple Choice

Bill is a new manager in a department with four established managers.Bob may determine what behaviours are expected of him in which of the following ways?

• A)acting how he acted in a previous managerial role
• B)filling a variety of roles simultaneously
• C)asking his subordinates
• D)watching what the other managers do

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Definitions:

360-Day Year

A simplified accounting method where each month is considered to have 30 days, resulting in a year total of 360 days, used in financial calculations.

Loan Period

The duration over which a borrower agrees to pay back a loan to the lender, typically expressed in months or years.

Ordinary Simple Interest

Interest calculated on the principal amount only, without compounding, usually over a period of a year or less.

360-Day Year

A financial convention or calculation basis where the year is assumed to consist of 360 days rather than 365 or 366 days, often used in interest rate calculations.