Which Description Identifies the Organizing Function of the Management Process

question 99

Multiple Choice

Which description identifies the organizing function of the management process?

• A) guiding and motivating employees to meet organizational objectives
• B) determining how best to arrange an organization's resources into a coherent structure
• C) scanning the business environment for threats and opportunities
• D) monitoring an organization's performance to ensure that it is meeting its goals
• E) determining what an organization needs to do and how best to get it done

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Definitions:

Price Elastic

The responsiveness of the demand for a product or service to changes in its price, affecting sales volume and revenue.

Quantity Demand

The total amount of a product or service that consumers are willing to purchase at a given price over a specified period.

Monopolistic Competition

A market structure combining elements of monopoly and competitive markets, where many sellers offer slightly differentiated products.

Differentiated Products

Goods or services that are distinguished from others in the market by unique features, quality, or brand.