The Five Elements in the Management Process Are

question 82

Multiple Choice

The five elements in the management process are

• A) plan, direct, update, lead, and supervise
• B) accounting, finance, marketing, operations, and management
• C) organize, plan, control, staff, and manage
• D) plan, organize, staff, lead, and control
• E) plan, lead, organize, manage, and control

Recognize the relationship between investment risk and potential profit rates.

Understand the role and impact of usury laws on interest rates and access to credit.

Identify the rewards of entrepreneurial activity, including innovation and market opportunity recognition.

Define economic rent and factors determining it.

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Definitions:

Current Yield

The annual income (interest or dividends) divided by the current price of the security.

Market Price

The current price at which an asset or service can be bought or sold in the open market.

Zero-Coupon Bond

A type of debt security that does not pay interest (coupon) but is traded at a deep discount, rendering profit at maturity when the bond is redeemed for its full face value.

Yield To Maturity

The total return anticipated on a bond if it is held until it matures, including all interest payments and the repayment of principal.