Scenario D

question 83

Multiple Choice

Scenario D.Luxe Slumber is a company that produces high-quality mattresses.Omar,the CEO,makes all the business deals for the company.He negotiates with suppliers and gets new customers and business for the company.Charles communicates his vision for the company and what he would like it to achieve to Ana,who lays out plans to make possible the execution of that vision.Ana delegates the work accordingly by communicating to the sales and production managers Omar's vision and what he requires of them.Irving,a floor manager,makes sure that the workers do their jobs at the required pace to meet the targets and goals of the company.
-Which of the following management skills does Ana implement by communicating with the rest of the organization?

• A)interpersonal skills
• B)conceptual skills
• C)technical skills
• D)tactical skills
• E)decision-making skills

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Definitions:

Anticipated Transaction

A future financial operation or deal that is expected to occur.

Existing Asset

Assets that are currently in possession or use by a company, as opposed to newly acquired or disposed assets.

Firm Commitment

An agreement between a buyer and a seller wherein the seller is obligated to supply an agreed-upon amount of goods or services at a specified price.

Derivative Instrument

A financial security whose value is dependent upon or derived from an underlying asset or group of assets.