ECONOMICS

COST ACCOUNTING

INFORMATION FOR DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In which role are managers acting when they represent their organization and maintain effective relationships with others?
A
relationship builders
B
communicators
C
middle manager
D
decision makers
Explanation: 

Detailed explanation-1: -Spokesperson – Managers represent and speak for their organization. In this role, you’re responsible for transmitting information about your organization and its goals to the people outside it.

Detailed explanation-2: -Liaison Role This involves maintaining communication and relationships between different departments and between individuals within an organization. They can also work to connect external parties, such as customers and suppliers, to the organization.

Detailed explanation-3: -At the most fundamental level, management is a discipline that consists of a set of five general functions: planning, organizing, staffing, leading and controlling.

Detailed explanation-4: -controller: most large organizations have one or more specialized managerial positions.-responsible for helping line managers with their control activities, for coordinating the organization’s overall control system, and gathering and assimilating relevant information.

Detailed explanation-5: -Management entails six basic functions: planning, organizing, staffing, leading, controlling, and motivating.

There is 1 question to complete.