According to Management Experts, "Management by Walking Around" Is Passé

question 5

True/False

According to management experts, "Management by walking around" is passé in the Internet age where managers can easily communicate with employees using technology.

---

Definitions:

Cash Management

The process of collecting, managing, and investing a company’s cash and cash equivalents.

Appropriate Level

A suitable or optimal degree or magnitude for a particular situation or parameter, often used in finance and operations.

Cash On Hand

Funds that a company or individual has available in cash form, not invested or deposited in financial institutions.

Zero-balance Account

A type of bank account that maintains a balance of zero by automatically transferring funds from a master account in amounts only large enough to cover checks presented.