Focusing Manager and Employee Efforts on Activities That Will Lead

question 118

Multiple Choice

Focusing manager and employee efforts on activities that will lead to goal attainment is a benefit of what management method?

• A) Tactical planning
• B) Contingency planning
• C) Single-use planning
• D) Management by objectives
• E) Management by walking around

Understand the trade-off between equity and efficiency in the allocation of resources.

Comprehend how the principle of gains from trade operates within and benefits an economy.

Recognize how individual spending influences the income of others in the economy.

Understand the concept of public goods and externalities as challenges to market efficiency.

---

Definitions:

Carotid Canal

A passageway in the temporal bone of the skull through which the internal carotid artery enters the cranial cavity.

Occipital

Referring to the occipital bone or region, located at the back and lower part of the skull, or the occipital lobe in the brain responsible for vision processing.

Parietal

Referring to the parietal bones of the skull or the parietal lobe of the brain, linked with processes such as sensory perception and integration.

Temporal

Relating to time or the temples of the skull.