The Perfect Manager (Scenario)

question 11

Multiple Choice

The Perfect Manager (Scenario)
Sarah has proven herself to be an able manager. Her section has a high project completion rate with the highest- quality produ the lowest defects in her division. In addition, she accomplishes this with fewer full- time employees than other managers.
Some say that the secret of her success is in her ability to delegate responsibility and her understanding of the basic "management functions."
-The "management functions" exemplified by Sarah include all but which of the following?

• A) planning
• B) calibrating
• C) organizing
• D) controlling

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Definitions:

Labour

The measure of human work or effort used in the production of goods and services.

Materials

Refers to the tangible components used in the production of goods and services, often categorized as direct or indirect materials depending on their direct allocation to a cost object.

Mark-Up Percentage

An added percentage to the buying price of products intended to cover both operational costs and earnings.

Total Variable Cost

The total of all costs that vary directly with the level of output, such as materials and labor costs that increase as more units are produced.