The Four Basic Management Functions Are Planning, Organising, Leading and Motivating

question 65

True/False

The four basic management functions are planning, organising, leading and motivating, and controlling.

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Definitions:

Taxed

Describes funds or goods that are subjected to taxation by governmental authorities.

Maximize Profits

The process or strategy used by businesses to ensure they achieve the highest possible profit from their operations.

Ethical Investing

Ethical investing involves making investment decisions based on ethical principles, including environmental sustainability, social justice, and corporate governance.

Proprietorship

A business structure owned by a single individual who is responsible for its liabilities and entitled to its profits.