​Mark, a Manager at a Food Processing Company, Notices That

question 63

Multiple Choice

​Mark, a manager at a food processing company, notices that the productivity of the workers has gone down. He determines the reason as lack of motivation to perform their tasks. He gives a pep talk to the employees hoping to inspire them to perform their tasks more efficiently. In this context, Mark is performing the _____ function of management.

• A)​controlling
• B)​leading
• C)​organizing
• D)​planning
• E)​dominating

---

Definitions:

World Market

An international marketplace where goods, services, currencies, and other commodities are exchanged across borders.

Budget Line

A graphical depiction of all possible combinations of two goods that can be purchased with a given income and prices, reflecting the trade-offs and choices available.

Utility Function

A mathematical representation that describes how a consumer ranks different bundles of goods according to the level of satisfaction obtained from them.

Consumption

The process by which individuals or households use goods and services to fulfill their needs and wants.