Managers Are ________ When They Evaluate How Well the Organization

question 81

Multiple Choice

Managers are ________ when they evaluate how well the organization is accomplishing its goals.

• A)leading
• B)planning
• C)organizing
• D)disseminating
• E)controlling

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Definitions:

Production Function

A mathematical model that describes the output generated from combinations of inputs, such as labor and capital.

Expensive

Having a high price or cost, often relative to the value or affordability for the buyer.

Input

Refers to any resource or factor that is used in the generation of goods or services in a production process. (Duplicate rephrase)

Decreasing Returns

The phenomenon where an increase in the input of resources leads to a less proportional increase in output.