In Today's Diverse Workforce, Which Factor Do Managers Need to Focus

question 7

Multiple Choice

In today's diverse workforce, which factor do managers need to focus on most to maximise motivation?

• A)Status and recognition
• B)Effective career development plans
• C)Remuneration and fringe benefits
• D)Flexibility

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Definitions:

Owner Withdraw

The process by which the owner of a business takes out funds from the business for personal use.

Chronological Diary

A personal record of events or experiences, organized in the order that they occurred over time.

Accounting Equation

The fundamental equation of double-entry bookkeeping: Assets = Liabilities + Owner's Equity, balancing the total value of resources with the sources of those resources.

Net Loss

The amount by which total expenses exceed total revenues in a specific period, indicating a negative financial performance.