The Process by Which Managers Monitor and Regulate the Efficiency

question 72

Multiple Choice

The process by which managers monitor and regulate the efficiency and effectiveness of the members of an organization in achieving its goals,is called:

• A)Planning
• B)Organizing
• C)Leading
• D)Controlling
• E)Coordinating

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Definitions:

Real Defenses

Legitimate legal defenses that can be used against claims in a transaction, particularly in the context of negotiable instruments, such as fraud or illegality.

Negotiable Instrument

is a document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.

Negotiable Instruments Law

The body of law governing financial instruments that can be transferred from one party to another, such as checks or promissory notes.

Fraudulent Representations

False statements knowingly made to deceive others, often to induce them to part with money or property.