Which of the Following Activities Is Part of the Organizing

question 100

Multiple Choice

Which of the following activities is part of the organizing function of management?

• A) Going over a spreadsheet to analyze some financial data
• B) Teaching a new employee how to use a piece of office equipment
• C) Giving front-line workers additional resources needed to provide faster and better service to customers
• D) Developing a broad general strategy to help the organization meet its long-term growth objectives

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Definitions:

Standard Cost Analysis

The practice of comparing standard costs to actual costs to identify variances, understand causes, and take corrective actions.

Lower Limit

The minimum threshold or boundary for a variable or parameter within a given context, such as statistical control limits.

Cost-Based Pricing

A pricing method that determines the selling price of a product by adding a markup to its total cost.

Mark-Up Percentage

The percentage added to the cost price of goods to cover overhead and profit in the selling price.