The Phases of the Management Process Are Listed Below

question 107

Multiple Choice

The phases of the management process are listed below. Match each phase to the appropriate description.
-Managers must continually choose among alternative actions

• A)Planning
• B)Directing
• C)Controlling
• D)Improving
• E)Decision making

---

Definitions:

Bid

The price a buyer is willing to pay for a security or asset.

Ask

The lowest price a seller is willing to accept for an asset being sold on the market, opposite of the bid price.

AAA Corporate Bonds

The highest quality bonds issued by corporations with a strong ability to repay the debt, making them low-risk investments.

Interest Rates

The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal, typically on an annual basis.