Which of the Following Types of Managers Is Responsible for Making

question 95

Multiple Choice

Which of the following types of managers is responsible for making organization-wide decisions and establishing the plans and goals that affect the entire organization?

• A)team leader
• B)top manager
• C)department head
• D)project leader

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Definitions:

Gross Return

The total return on an investment before any deductions, such as fees, costs, or taxes, are made.

Expense Ratio

A measure of the cost of operating a mutual fund, calculated as a percentage of the fund's total assets.

Rate of Return

A measure of the gain or loss on an investment over a specified period, expressed as a percentage of the investment’s cost.

Front-end Load

A sales charge or commission paid when an individual buys an investment, such as a mutual fund.