Determining What a Firm Needs to Do and How Best

question 218

Short Answer

Determining what a firm needs to do and how best to accomplish that is called
controlling.
staffing.
directing.
planning.
organizing.

---

Definitions:

Stock Price

The cost of purchasing a single share of a company's stock, determined by the demand and supply in the stock market.

Apex Resources

A term potentially referring to a company, project, or materials designated as top or highest quality within a specific domain or sector.

Trade Discount

A reduction in the list price granted by a seller to a buyer, often based on the volume of goods purchased or to maintain a business relationship.

Net Cost

The overall expense involved in a purchase or investment after subtracting any discounts, rebates, or other financial incentives.