When the CEO of Compaq Computers Broke the Company Down

question 93

Short Answer

When the CEO of Compaq Computers broke the company down into several smaller units, each responsible for its own functions, he was engaging in the management function of
organizing.
staffing.
planning.
controlling.
directing.

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Definitions:

Cross-Price Elasticity

An index indicating the variation in demand for a particular item as a result of the price alteration of a different item.

Complements

Goods or services that are used together, such that the increase in demand for one results in an increase in demand for the other.

Bacon and Eggs

A popular breakfast dish in various cultures consisting of fried bacon and eggs.

Cross-Price Elasticity

A measure used in economics to show how the quantity demanded of one good changes in response to a change in the price of another good.