An Office Manager Is Trying to Find Ways to Enlarge

question 24

Multiple Choice

An office manager is trying to find ways to enlarge or expand several clerical jobs that he supervises. One approach is to:

• A) reschedule work into a flextime arrangement.
• B) rotate employees among several positions.
• C) increase clerical tasks or duties performed by each individual.
• D) more effectively match worker skills to job requirements.

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Definitions:

Maturity

The date on which the principal amount of a loan, bond, or other financial instrument becomes due and is repaid to the investor.

Interest Rate

The cost of borrowing money or the return earned on an investment, usually expressed as a percentage of the principal.

Equity Financing

The method of raising capital through the sale of shares in a company, which gives shareholders ownership rights.

Shareholders

Individuals or entities that own shares in a corporation, giving them a part of the ownership of the company and potentially a claim on part of its assets and earnings.