1.18. Which of the following managerial skills involves the ability to assess potential financial risks and implement strategies to mitigate them? A) Time Management B) Conflict Re... 1.18. Which of the following managerial skills involves the ability to assess potential financial risks and implement strategies to mitigate them? A) Time Management B) Conflict Resolution C) Risk Management D) Leadership 1.19. What is the primary goal of sustainable growth and development, and what aspect does it primarily focus on to achieve this goal? A) The primary goal is to maximize economic profit, focusing primarily on environmental conservation. B) The primary goal is to achieve social equality, focusing primarily on economic growth. C) The primary goal is to ensure intergenerational equity, focusing on balancing economic, social, and environmental aspects. D) The primary goal is to establish global governance, focusing primarily on reducing carbon emissions. 1.20. In the context of the economic cycle, what characterizes the "peak" phase? A) Rapid economic growth and increasing employment B) A period of economic stability with no fluctuations C) A sustained period of declining economic activity D) A temporary pause in economic activity before a downturn. Read more