Gillette Decided to Plant a Tiny Computer Chip in Its

question 46

Multiple Choice

Gillette decided to plant a tiny computer chip in its products' packages to attempt to revolutionize how its inventory was managed. Which of the following management functions would be used to achieve its goal of greater efficiency?

• A) controlling
• B) staffing
• C) organizing
• D) planning

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Definitions:

Retained Earnings

Profits that a company has earned to date, less any dividends or other distributions paid to investors.

Stock Dividend

A dividend payment made in the form of additional shares rather than a cash payout.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities. It represents ownership equity spread among shareholders.

Shares Outstanding

The total number of shares of a corporation that have been issued and are held by shareholders.