A Manager Engaged in the Management Function of and Taking

question 49

Multiple Choice

A manager engaged in the management function of and taking corrective action when needed.

• A) planning
• B) organizing
• C) leading
• D) controlling _{e. motivating}
• Is accomplishing tasks that help fulfill organizational
• Is monitoring progress toward goal achievement

---

Definitions:

Financial Advantage

Any benefit or gain, in financial terms, that improves the economic situation of an entity or individual.

Unit Product Cost

The total cost incurred to produce a single unit of a product, including materials, labor, and overhead.

Fixed Production Costs

Costs that do not change with the level of production, such as rent, salaries, and insurance.

Financial Advantage

The benefit gained from making a particular financial decision or investment, often quantified by profits or savings.