Gerard Is a General Manager for Handy Dandy Corp

question 15

Multiple Choice

Gerard is a general manager for Handy Dandy Corp., a tool-manufacturing firm. He is considering some changes to the production floor, which include layout adjustments and the purchase of new equipment to improve efficiency. He also wants to promote one of his employees to team leader. Which of the following functions of management is Gerard performing?

• A)planning
• B)training
• C)leading
• D)organizing
• E)controlling

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Definitions:

Foreign Operation

A business or branch of a company that operates in a country different from the country where the company is headquartered.

Local Operations

Business activities carried out within a company's domestic geographical area.

Functional Currency

The primary currency of the primary economic environment in which an entity operates and carries out its transactions.

Foreign Subsidiary

A company owned in part or whole by another company from a different country, operating under the laws of the country where it is located.