Managers with Good ________ Know How to Communicate,motivate and Lead

question 59

Multiple Choice

Managers with good ________ know how to communicate,motivate and lead to get the best out of their people.

• A)interpersonal skills
• B)conceptual skills
• C)technical skills
• D)empirical skills

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Definitions:

Unemployment

Unemployment describes the situation where individuals who are willing and able to work are not currently employed.

Natural Rate

The long-term unemployment rate reflecting the number of people who are jobless due to the economic structure, without accelerating inflation.

Time Inconsistency

A situation in which a decision-maker's preferences change over time, such that what is preferred at one point in time is inconsistent with what will be preferred at a future point in time, leading to potentially suboptimal decisions.

Political Business Cycle

A theory that suggests that politicians manipulate the economy (typically through monetary policy) to achieve favorable outcomes (such as lower unemployment or higher growth) before elections to improve their chances of being re-elected.