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Suppose a manager starts an affirmative action program to increase opportunities for minority advancement and then clearly and convincingly communicates the objectives of the program to all employees. By doing this, the manager gains their support and participation. The manager is engaged in which management function?
Cash Discounts
A reduction in the price of goods or services offered to customers as an incentive for early payment within a specified period.
Interest Days
The number of days over which interest accrues on a loan, deposit, or investment.
Finance Charge
The fee that the seller charges for the privilege of buying on credit.
Previous Balance
The amount of money that was in an account or owed at the end of the last billing cycle.
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