Scott, the Manager of a Computers R Us Store, in Reviewing

question 9

Short Answer

Scott, the manager of a Computers R Us store, in reviewing the sales results from last week noticed that all but one employee was on target. As he contemplated how to fix the problem, he was engaged in the management process of
controlling.
organizing.
planning.
directing.
staffing.

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Definitions:

Marginal Revenue

The additional income earned from the sale of one more unit of a product or service.

Cheese

A dairy product derived from milk that is produced in a wide range of flavors, textures, and forms by coagulating the milk protein casein.

Monopolist

An entity with exclusive control over the supply of a particular good or service, giving it the power to control prices and exclude competition.

Total Revenue

Total revenue is the entire amount of money received by a company from its business activities, such as sales of goods and services, before any costs or expenses are deducted.