If Facebook Sets a Goal of Having 1

question 59

Multiple Choice

If Facebook sets a goal of having 1.5 billion active users by 2017, that falls within the which function of management?

• A) planning
• B) organizing
• C) leading and motivating
• D) controlling

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Definitions:

Variable Cost Concept

An accounting principle that refers to costs that change in proportion to the level of activity or volume of production.

Rate of Return

The gain or loss of an investment over a specific period, expressed as a percentage of the investment's initial cost.

Production Bottleneck

A point in the manufacturing process where the flow of production is impeded, often leading to delays and reduced efficiency.

Constraint

A limitation or restriction that affects the planning or execution of strategies in business or any other context.