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When the CEO of a Large Retail Store Chain Decided

question 25

Multiple Choice

When the CEO of a large retail store chain decided to sell off or close some of the locations that were not profitable, he was performing the management function referred to as____________ .


Definitions:

Organizational Forces

Various pressures or influences within an organization that shape its culture, behaviors, and decision-making processes.

Right Thing

Acting in accordance with moral principles, ethical standards, or laws, especially when faced with a difficult decision or situation.

Financial Gain

The increase in monetary resources resulting from investing activities or other forms of economic enterprise.

Significant Others

Individuals who hold important places in one’s life and have significant influence, such as family members, close friends, or romantic partners.

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