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:

Standard of Value

A criterion that allows the value of various goods and services to be compared.

Store of Value

A store of value is an asset that maintains its value over time without depreciating, allowing it to be saved, retrieved, and exchanged at a later time.

Medium of Exchange

A mediating tool or mechanism that enables the buying, selling, or exchanging of products among individuals or groups.

Standard of Deferred Payment

A function of money that allows for goods and services to be paid for at a future date.