Why would technical skills be important to first-line managers?
What will be an ideal response?
First-line managers and, to a lesser extent, middle managers, need technical skills relevant to the activities that they manage. Although managers typically do not perform the technical tasks themselves, they must be able to train subordinates, answer questions, and otherwise provide guidance and direction for the technical tasks of the organization.
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Which of the following types of customers should be rewarded with special offers and services that are not offered to other customers?
A) loyal customers B) nonprofit customers C) new customers D) dissatisfied customers E) repeat customers
Objectivity requires that a CPA should:
A. Maintain a mental attitude of intellectual honesty and impartiality B. Maintain a mental attitude of intellectual honesty and independence C. Act in accordance with the best interests of one's client D. Act in accordance with the best interests of one's employer
Fact Pattern 41-1BShrimp Boat Company decides to consolidate its operations with Trawlers, Inc., to form Coastal Fishers Corporation (CFC).Refer to Fact Pattern 41-1B. Trawlers owed money to View Harbor Storage and other creditors. After the consolidation, CFC must pay
A. all of Trawlers' debts. B. half of Trawlers' debts. C. none of Trawlers' debts. D. only debts that Trawlers incurred after consolidation was proposed.
Businesses have four main objectives. Identify and explain these objectives. Why is social responsibility included among the objectives? Isn’t the main function of a business to make a profit?
What will be an ideal response?