The First Function of Good Management Is Which of the Following

question 97

Multiple Choice

The first function of good management is which of the following?

• A) good planning
• B) good organization
• C) good leadership
• D) good recruiting and hiring

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Definitions:

Supply

The total amount of a specific good or service that is available to consumers in the market.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price over a specific time period.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price in a given period.

Demand

The quantity of a good or service that consumers are willing and able to purchase at different prices at a given time.