Question

a manager obtains the required capital at 12% interst. while the prevailing rate of interst happens to be 10%. how would you describe such a manager

Answer 1

Hᴇýᴀ Mᴀᴛę ( ◕‿◕ )

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★  Inefficient

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Answer 2

A manager who obtains the required capital at 12% interest while the prevailing rate of interest is 10% is said to be an outdated and irresponsible manager.

• He is a person who is not well aware of the market and the current interest rate.
• These kinds of problems and be very harmful to the success of the organisation.
• He is an unprofessional manager who has poor communication and management skills.