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Effective Managers Make Sure That Activities Are Going as Planned

question 18

True/False

Effective managers make sure that activities are going as planned with the help of control.


Definitions:

Production

The process of translating raw materials or inputs into finished goods or services through the application of labor, tools, and technology.

Specialize

involves focusing on a particular area of production or service in which a person or country holds a comparative advantage, allowing for increased efficiency and output.

Import

The process of importing products or services from foreign countries for the purpose of selling them domestically.

Domestic

Pertaining to or occurring within a country’s borders, often in reference to products produced, services rendered, or economic activities.

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