When Performing the Managerial Task of Planning, Managers

question 38

Multiple Choice

When performing the managerial task of planning, managers

• A)encourage all employees to perform at a high level to help the organization achieve its vision and goals.
• B)use power, personality, and communication skills to coordinate the activities of people and groups.
• C)establish alliances between different organizations to share resources and produce new goods and services.
• D)decide which goals the organization will pursue and what strategies will achieve those goals.
• E)organize people into departments according to the kinds of job-specific tasks they perform.

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Definitions:

Sole Proprietorship

A type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity.

Income Taxes

Taxes levied by governments on the income earned by entities (individuals or corporations), with rates varying by income level.

Part-time Basis

Refers to employment where the worker is not working full-time and usually works fewer hours.

Form W-2

An IRS tax form used in the United States to report wages paid to employees and the taxes withheld from them.