Which of the Following Is a Characteristic of Operational Managers

question 61

Multiple Choice

Which of the following is a characteristic of operational managers?

• A)They bridge the gap between higher and lower levels of management.
• B)They focus on long-term issues of the business.
• C)They develop goals and plans that have been formulated by top-level managers.
• D)They are directly involved with nonmanagement employees.
• E)They break down the business's objectives into business units.

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Definitions:

Liquidation Preference

A term used in financial structuring, determining the order in which shareholders are paid in the event of a company’s liquidation.

Alphabetically

In the order of the letters as they appear in the alphabet, typically used for organizing or sorting lists.

Probable Loss

A potential financial loss that is likely to occur in the future, often reflected in financial statements as a provision.

Range

The difference between the highest and lowest values in a set.