When a Manager Searches the Organisation and Its Environment for Opportunities

question 41

Multiple Choice

When a manager searches the organisation and its environment for opportunities and initiates projects to bring about change,the manager is acting in which role?

• A)entrepreneur
• B)disturbance handler
• C)negotiator
• D)resource allocator

Learn how to assess mutual fund safety and risk.

Recognize the importance of management, fees, and expense ratios in mutual fund selection.

Understand the benefits and principles of diversification in mutual funds.

Identify the regulatory and informational documents associated with mutual funds.

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Definitions:

Market Prices

The current prices at which goods and services can be bought or sold in a marketplace.

Rationing Function

The process by which the market system allocates goods and services to consumers when supply is limited.

Competitive Market

A market structure characterized by a large number of sellers and buyers, where no single entity can control prices or influence the market significantly.

Ceiling Price

A ceiling price is a government-imposed limit on how high a price of a good or service can be charged in the market, typically set below the equilibrium price to make goods more affordable.